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sesenic
6 days ago
15

Baker Company owns 15% of the common stock of Charlie Corporation and used the fair-value method to account for this investment.

Charlie reported net income of $120,000 for 2021 and paid dividends of $70,000 on October 1, 2021. How much income should Baker recognize on this investment in 2021
Business
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Kate has a 20-square-foot plot of land in her backyard that she uses to grow tomatoes and lettuce. Every square foot of land can
arsen [3447]

Answer:

a) Kate will yield 100 tomatoes and no heads of lettuce.

b) Jim will yield 0 tomatoes and 180 heads of lettuce.

Explanation:

Due to better climatic conditions for growing tomatoes at Kate's plot, she should prioritize those for superior quality. Additionally, her lettuce yield per square foot is lower than Jim's (3 heads compared to his 6). This means Kate could cultivate 60 heads and Jim could produce 120 heads of lettuce on 20 square feet (double). Thus, she should skip lettuce cultivation due to both quality and quantity considerations.

The same reasoning applies to Jim's tomato production. If he grows tomatoes, he’ll only manage 60 at a 20-square-foot plot, in contrast to Kate's 100. Therefore, he should refrain from growing tomatoes.

4 0
2 months ago
Read 2 more answers
Esther and Holly have a disagreement over which company to present their business idea to. They decide to disregard their differ
Free_Kalibri [3773]

Answer: True

Explanation:

The context reveals that Esther and Holly are at odds regarding which company should receive their business pitch, but they opt to put aside their differing views on environmental matters to concentrate entirely on the company that offers the most immediate benefits.

This situation illustrates that their attention is on shared interests rather than individual positions, as evidenced by their choice to ignore their disparities and aim towards a mutual objective.

5 0
2 months ago
Lana owns a house worth $325,000 and has a mortgage of $245,000. She owns a guitar worth $750. She also owns a car worth $15,000
Scilla [3833]
Net worth is calculated as total assets minus total liabilities.

The total assets are
325,000 + 750 + 15,000 + 8,000 + 2,100
which equals 350,850.

Concerning total liabilities, we calculate
245,000 + 9,000
for 254,000.

Thus, net worth is evaluated as
350,850 - 254,000
resulting in 96,850.

I hope this helps!
5 0
1 month ago
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Dss uses data models and sometimes knowledge management to find solutions for semi-structured and some unstructured problems. au
harina [3808]

A Decision Support System (DSS) is an interactive information framework comprising hardware, software, data, and mathematical and statistical models designed to aid decision-makers within an organization. The components of a DSS include a database, model base, and a user interface. DSS requirements stipulate that it must be interactive, integrate the human factor along with hardware and software, and utilize both internal and external data.

5 0
1 month ago
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