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Anika
19 days ago
5

An investor company owns 30% of the common stock of an investee company. The investor has significant influence over the investe

e, and acquired its equity interest in the investee on January 1, 2018 for $525,000. On the date of acquisition, the investee’s stockholders equity was $1,500,000, and the fair values of the investee’s individual net assets were equal to their reported book values. During the year ended December 31, 2018, the investee reported net income of $50,000 and dividends of $10,000. During the year ended December 31, 2019, the investee reported net income of $60,000 and dividends of $15,000. The investor routinely sells inventory to the investee at a 25% profit margin. At December 31, 2018 and 2019, the investee held inventories purchased from the investor for $30,000 and $40,000, respectively. (At the end of each period, all of these inventories are sold by the investee to unaffiliated companies in the next period.) What amount of investment income from the investee did the investor recognize during the year ended December 31, 2019?
Business
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Universal Containers wants to be able to assign Cases based on the same criteria they use for Live Agent chats.Which feature sho
Mariulka [3825]

Answer:

Universal Containers wishes to assign Cases using the same criteria employed for Live Agent chats. Which feature should a Consultant propose?

Omni-channel Skills-based routing

Explanation:

4 0
3 months ago
Which of the following is an example of external-operational communication?
Mariulka [3825]

Response:

c. Advertisements published by companies on their websites for the general public

Explanation:

External-operational communication is characterized as dialogue, interaction, or correspondence related to work that a business entity conducts with individuals or groups, such as customers, government bodies, suppliers, etc., external to the organization.

An example of external-operational communication is the advertisements that companies display on their websites targeting the general public.

4 0
3 months ago
Hypothesize why nearly an equal number of consumers use mobile and online banking to pay bills?
Mariulka [3825]

Answer:

Almost as many individuals utilize mobile banking as those who rely on online methods for bill payment, largely due to the convenience that both approaches offer.

Explanation:

To hypothesize involves suggesting a plausible rationale for a situation. Thus, a potential reason for the preference among many customers for online and mobile payment methods is the simplicity they present.

Some of these benefits are:

1. No more long waits in lines to settle payments with checks.

2. Transactions can be initiated from virtually anywhere and at any hour.

3. Fewer prerequisites are necessary to carry out transactions.

3 0
4 months ago
At an activity level of 8700 machine-hours in a month, Falks Corporation's total variable production engineering cost is $728,19
soldi70 [3635]

Answer:

$109.80 per unit

Explanation:

To solve the problem, we'll follow this approach

First

Variable cost per unit = $728,190 ÷ 8,700 units

Variable cost per unit = $83.70 each

Next

Fixed cost per unit at 8,900 units = $232,290 ÷ 8,900 units

Fixed cost per unit = $26.10 each

Finally

Total cost = Variable cost + Fixed cost

So we have

Total cost = $83.70 per unit + $26.10 per unit

Total cost = $109.80 per unit

5 0
3 months ago
Read 2 more answers
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