At the beginning of the current year, Martin Corporation purchases 20% of the outstanding shares of Foster Company for $200,000 which gave Martin the ability to significantly influence Foster. The price paid reflected Foster's book and fair values of its assets and liabilities. During the current year, Foster reports net income of $25,000 and declares dividends of $15,000. At the end of the current year, what amount should Martin report as investment income from its ownership of Foster's shares?

Answers

Answer 1

Answer:

$5,000

Explanation:

Calculation to determine what amount should Martin report as investment income from its ownership of Foster's shares

Using this formula

Amount to be reported as investment income=Net income*Percentage of outstanding shares purchased

Let plug in the formula

Amount to be reported as investment income=$25,000 x 20%

Amount to be reported as investment income= $5,000

Therefore The amount that Martin should report as investment income from its ownership of Foster's shares is $5,000


Related Questions

The ability to reason well is necessary for modern workers because __________.
a.
Communication with other workers will be difficult
b.
Creativity is not valued in the modern workplace
c.
They will often have to solve problems with limited information
d.
Most problems will be straight-forward and easy to solve

Answers

Answer:

C. Or D.

Explanation:

Most Work problems are easy to solve depending on what is the cause of the situation. If you don't have the nesassary Resourses to solve that problem you must find out a way to work out that problem without what you need sometimes.

Answer: it’s C just took the Ed test

Explanation:

Omega Company would have applied $31,500 of fixed manufacturing overhead if capacity usage had equaled the master budget. Given that 2,000 standard hours were allowed for the actual output, that actual fixed manufacturing overhead equaled the budgeted amount, and that overhead was applied at a rate of $15 per hour, what is the entry to close the fixed manufacturing overhead accounts

Answers

Answer and Explanation:

The journal entry to close the manufacturing overhead account is shown below:

Given that

There is applied overhead of $31,500

And, the budgeted overhead is

= 2,000 × $15

= $30,000

As we can see that the budgeted overhead would be lower than the applied overhead so this is an under applied overhead

Cost of goods sold Dr $1,500 ($31,500 - $30,000)

         To factory overhead $1,500

(Being the closing of overhead is recorded)

which sentence written correctly

-He didn't have no money
-i didn't have no money​

Answers

Answer:

To be honest none sound good, they should replace no with any, but if I'd have to choose it'd be the second one.

The government can make money by borrowing from its population in the form of governmental bonds.

A. True
B. False

Answers

False I think I’m not sure tho

Answer:

False

Explanation:

The stock of Canadian Ski Wear is currently trading at $45 a share and the equity beta of the company is estimated to be 1.3. The company is expected to pay a dividend of $1.50 a share next year, and this dividend is expected to grow at a rate of 4% per year. The rate on the 10-year U.S. Treasury bond is 4% and you estimate the market risk premium to be 5%. Using the dividend growth model, what is the company’s cost of equity?

Answers

Answer:

737383ujeheur8ieh3r8r8

You want to take earnings from your part-time job to pay for a new laptop. Your monthly take-home
pay is $500 and the laptop costs $1,200. What percentage of your pay do you need to save in order to
buy the laptop in 12 months?
a. 5%
b. 10%
c.15%
d.20%

Answers

To buy the laptop in 12 months, 20% of pay is needed to save.

What are earnings?

Earnings refer to the actual profitability of the company. In simple words, it is also known as profits in the financial statements.

If monthly take-home pay is $500 and 20% of this pay is saved then the saving for one month comes to be $100. In 12 months, $1,200 will be saved to buy the laptop.

Therefore, D is the correct option.

Learn more about Earnings here:

https://brainly.com/question/1477138  

 

       

An employee who has a shorter work schedule with either fewer hours each day or fewer days each week.

Answers

Answer:

Someone Who does that gets. paid differently depending on their Job Type

Explanation:

Bayer AG clustered all of its business operations into six groups under an umbrella company called Bayer World. Each of these six groups have included several subgroups comprised of product categories such as as dyestuffs, fibers, or chemicals. At the same time, each of its administrative and service functions were placed under Bayer World into one of several functional groups, such as marketing, human resources, plant administration, or finance. In addition, top executives who had headed functional groups in the past, were given authority over different geographical regions, which, like the product groups, were supported by and intertwined with the functional groups. The final result of the new organizational structure divided the original nine functional areas into 19 multidisciplinary, interrelated business groups. The new organizational structure that Bayer AG adopted was a _____structure.

Answers

Answer: matrix structure

Explanation:

Based on the information provided, we can infer that the new organizational structure that Bayer AG adopted was a matrix structure.

A matrix organizational structure is regarded as a workplace format whereby the workers in the organization typically have two or more managers that they report to.

We should note that in a matrix structure, the chains of command are usually two which are the functional lines and also the project, or the product, lines. This is used by Bayer AG.

Interest rate differences between countries depend on Group of answer choices neither differences in expected inflation, nor on expected changes in the real exchange rate. differences in expected inflation, but not on expected changes in the real exchange rate. differences in expected inflation, and on expected changes in the real exchange rate. differences in expected changes in the real exchange rate, but not on expected inflation. differences in expected inflation and nothing else.

Answers

Answer:

Differences in expected inflation, and on expected changes in the real exchange rate.

Explanation:

Interest rate is the rate charged by a lender on monies borrowed

For example if 100 is borrowed, and the lender expects the borrower to pay 10 every month. The interest rate = (10/100) = 10%

According to the taylor equation

(1 + Nominal interest rate) = ( 1 + real interest rate) + (1 + inflation rate)

the higher the real interest rate and inflation rate, the higher the nominal interest rate

Real interest rate is interest rate less inflation rate

Nominal interest rate includes inflation rate

QUESTION 9 of 10: You have laid out your pricing plan at $185 for a bounce party for 8 kids; your competitor is at $155. A potential investor
says she thinks you can get a 30% premium with your new facility. Did she just criticize or endorse your pricing?
a) Criticize
O b) Endorse
Submit
©2021 Knowledge Matters Inc

Answers

Answer: Criticize

Explanation:

She just criticize your pricing,  saying that we ought to charge $201.50 rather than $185, hence option A is correct.

What is the criticism of pricing?

In this case, our rival charges $155 for a party, and the investor thinks that because of our improved facilities, we will be able to charge 30% more.

= 155 x 130

= 201.50 $  

According to the efficient market theory, all stocks trading on the stock market are already priced in, thus you don't need to actively research the stock because any positive or negative information that might be available is already reflected in the stock.

Therefore, She criticizes our price plan, saying that we ought to charge $201.50 rather than $185. She believes that our pricing policy is harming our bottom line.

Learn more about pricing, here:

https://brainly.com/question/13943524

#SPJ6

Do you think JNK should be more ethical? Explain your answer.

Answers

Yes, in my opinion JNK should be ethical. Being an ethical business will gain more sales, increasing its customer loyalty and introduce more new customers. It will reduce the waste materials which are thrown off to the sea. Many people only trust ethical businesses. This will increase sales leading to where JNK can invest in new technology. When being an ethical business, JNK will not employ children. However, the downfall for being ethical is that, the product prices will increase which some people don’t want to pay higher prices. It will increase the average cost. In the end, I think JNK should be an ethical business because in the short run it will come through challenges but in the long run it will have many advantages.

Answer:

"god is a woman"

Explanation:

"and its megan thee stallion"

Complete the following sentence.
If an interviewer has suspicions of fraud, the interviewer may call on a fraud
to assess the situation.

Answers

Answer:

Auditor

Explanation:

If an interviewer has suspicions of fraud, the interviewer may call on a fraud AUDITOR to assess the situation.

This is because a FRAUD AUDITOR is a type of auditor who based on his experience and background, works as a professional in the gathering of verifiable evidence in terms of fraud and eventually serves as an expert witness during the legal proceeding of such cases.

Answer:

fraud detection

Explanation:

Where do you get a check register

Answers

Answer: How to Obtain a Check Register. If you didn’t receive a check register with your checkbooks and would like one, you have several options: Use a template such as a free Go_ogle Docs check register. Order a new register from an online check printer or your bank. Grab a check register from the back of an old checkbook or anywhere you can find one.


1. Which of the following questions would be permissible to ask during an interview with a candidate who
is in a wheelchair?
1.Does your disability affect you in any other way besides being unable to walk?
2.This job involves making photocopies. How would you perform that task?
3.Did you become disabled on the job?
4.We like 90 percent or better attendance. Do you have to visit the doctor a lot because of your disability?

Answers

Answer:

I would say the first one

Explanation:

beacuse you do need to know if there is anything that could be hard for them to do and make it where they cant do there job it also might depnd on the job of what you would ask them but I would say the fist one so it gets to the point and isent rude hope this helps :)

Is it better to pay off credit debt or create an emergency fund? Why?

Answers

Answer:

“Every single day your high-interest debt goes unpaid, it's costing you money — a LOT of money — in interest,” Krawcheck says. Instead of putting your extra cash toward an emergency fund, she suggests that focusing all of it on credit card debt first will save you more in the long run.

Explanation:

cnbc.com/select/pay-off-credit-card-debt-or-save-for-emergency-fund/#:~:text=“Every%20single%20day%20your%20high,more%20in%20the%20long%20run.

Why should you check the spelling by reading a document even if you used Writer's Spell Check feature? A. The Spell Check dictionary is usually out of date. B. Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word. C. Spell Check only checks the first half of a document, so you have to check the rest yourself. D. The Spell Check suggestions are always wrong.

Answers

Answer:

B) Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word.

Explanation:

Trade is appreciated and promoted throughout the world but there exists certain loopholes for efficient trade system .Highlight the concerned factors ?

Answers

Answer:

Trade is the transaction of goods and monetary around the world.

Explanation:

Trade and commerce are necessary for the economic development and survival of this world. It is appreciated and is promoted throughout the world, but still there are some loopholes in the trading system.

Trading is generally the economic transaction that is carried all through the world for comparative advantage among the different countries. The goods and products traded are mainly capital goods, consumer goods, financial assets, and others which are traded among the countries.

It creates a dual economy in the world for the less developed countries and due to this the country which exports these goods are developing while those poor countries importing  these goods have seen a stop in its development.

Due to the foreign investment, the poor countries have not been able to benefit much from it.

The gains is limited for the exported countries due to the export of only the primary goods.

Please hurry!!!!!Which of the following is not a method used by careful consumers?
Compare stores and prices on an item
O Look for bargain brands and bulk pricing
Make a shopping list
O Buy a random item that is offered on special discount, today only

Answers

Answer:

last option

Explanation:

I just know so

Answer:

the last option - this is a marketing technique used to give the customer a sense of urgency

What criteria should be met before a data bar can be used in a report? Check all that apply. text fields numerical field drop-down menus all are primary keys all values can be compared length depends on value in field​

Answers

Answer:

2 5 & 6 [numerical fields, all values can be compared, & length depends on value in field] are your answers.

Explanation:

Got it right on EDG21

Answer:2,5, and 6

Explanation:

Problem 11-21 Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 1,700 of item X, which costs $25 each. Storage costs, which include insurance and cost of capital, amount to $4 per unit of average inventory. Every time an order is placed for more item X, it costs $22. a. Whenever item X is ordered, what should the order size be? (Round your answer to the nearest whole number.) Order size b. What is the annual cost for ordering item X? (Round your answer to 2 decimal places.) Ordering cost $ c. What is the annual cost for storing item X? (Round your answer to 2 decimal places.) Holding cost $

Answers

Answer:

a) the order size of item X should be 137 units

b) the annual ordering cost for item X is $ 272.99

c) the annual holding cost for item X is $ 274

Explanation:  

Given the data in the question;

a) Whenever item X is ordered, what should the order size be?

The Economic Order quality EOQ is the optimum quantity that should normally be ordered, its is expressed as;

[tex]Q_{opt[/tex] = √( 2DS/H)

where D is the annual demand, S is set up cost and H is the holding cost.

given that; the annual demand is 1700 units and the holding cost is $4 per unit per year, cost of placing order is $22.

So, we use the Economic Order quality EOQ;

[tex]Q_{opt[/tex] = √( 2DS/H)

we substitute

[tex]Q_{opt[/tex] = √( (2 × 1700 × 22 ) / 4)

[tex]Q_{opt[/tex] = √( 74800 / 4 )

[tex]Q_{opt[/tex] = √18700

[tex]Q_{opt[/tex] = 136.75 ≈ 137 units

Therefore, the order size of item X should be 137 units

b) What is the annual cost for ordering item X.

Annual ordering cost = actual number of placed orders × cost of each order

Annual ordering cost = D/Q × s

we substitute

Annual ordering cost = (1700 / 137) × 22

Annual ordering cost = 12.408759 × 22

Annual ordering cost = 272.99

Therefore, the annual ordering cost for item X is $ 272.99

c) What is the annual cost for storing item X.

Holding cost = average inventory × cost of storage per unit

Holding cost = Q/2 × H

we substitute

Holding cost = 137/2 × 4

Holding cost = 68.5 × 4

Holding cost = $ 274

Therefore, the annual holding cost for item X is $ 274

The Acmeville Metropolitan Bus Service currently charges $0.99 for an all-day ticket, and has an average of 588 riders a day. The bus company is not earning a profit, but according to their contract with the city, they cannot cut the number of buses on the road. They must therefore find a way to increase revenues. The bus company is considering increasing the ticket price to $ 1.1 . The marketing department's studies indicate this price increase would reduce usage to 337 riders per day. Calculate the absolute value of the price elasticity of demand for bus tickets using the simple percentage change method. Round your answer to one decimal place.

Answers

Answer:

-3.88 or 3.88

Explanation:

Calculation to determine the absolute value of the price elasticity of demand

Using this formula

Price elasticity of Demand = % change in quantity demanded / % change in price

Price elasticity of Demand =%∆QD / %∆P

Let plug in the formula

Price elasticity of Demand= (( 337 - 588 )/( 1.1- 0.99)) * ( 0.99 / 588 )

Price elasticity of Demand= (-251 / 0.11) * ( 0.0017)

Price elasticity of Demand= -22,81.8181 * 0.0017

Price elasticity of Demand= -3.88 or 3.88 ( absolute value)

Therefore the absolute value of the price elasticity of demand will be -3.88 or 3.88

What is Newtons law on gravity?

Answers

Newton's law of universal gravitation is stated as that every particle attracts every other particle in the universe with a force that is directly proportional to the product of their masses and inversely proportional to the square of the distance between their centers.

A property is under an effectively dated contract of April 23rd, with a 15-day financing contingency extending through the date of May 8th. A back-up offer is properly executed on May 6th. The first buyer properly notifies the seller in writing on May 7th that a loan cannot be obtained and requests in writing a return of earnest money, which occurs on May 9th, the day the second buyer receives notification that the first contract terminated. The date for starting performance by the buyer on the back-up offer is

Answers

Answer: May 9th

Explanation:

Based on the information given, the date for the starting performance by the buyer on the back-up offer will be May 9th.

The date will be May 9th, because this was the day that the first buyer was made aware about the first contract termination and also the second buyer got a notification that the first contract was terminated. This is vital for performance purposes.

Which Important personal quality does Jane seem to possess?
Jane is friendly and kind toward her coworkers. She makes interesting conversation with them during lunch. Her attitude helps to maintain a
harmonious atmosphere at work. Jane thus possesses an important personal quality known as

Answers

Answer:

kindness

Explanation: sorry im guessing by what the paragraph tells me..

Answer:

courteousness

Explanation:

These are all attributes of a courteous individual.

Provide the name of two business competitors that manufacture and sell the same product. Be sure to name the products.

Answers

Answer:

1. Coke vs Pepsi: product include Cold Beverage

2. Nike vs Reebok: product include sporting goods

What is horizontal segmentation?

Answers

Answer: Horizontal segmentation try's to understand what customers want and then to deliver it.

what the squared root of your hairline

Answers

Answer:

small......

EXPLANATION:

Answer:

PLZ-

Explanation:

i think it's around 3 inches

When government is trying to raise tax revenue, it sometimes attempts to target higher-income people because they are in a better position to bear the burden of a tax. However, it can be very difficult to earn tax revenue from wealthy people. Consider the progressive nature of the U.S. federal income tax system: It's designed so that higher incomes are taxed at higher tax rates. Thinking about the elasticity of labor supply, why might it be more difficult to collect tax revenue from a wealthy individual than from a poor person, all else equal

Answers

Answer: The labor supply curve for a wealthy individual is usually more elastic than a poor person's labor supply curve

Explanation:

Tax could be described as individuals paying a particular percentage of their income and whatever they use then pay to the government. The aim of the tax being collected is to generate funds internally which could be used in maintaining the economy.

Despite the government attempts to make tax be one-sided, it yields little or no result in favour of the poor as they end up being well tax as same as the rich. Those who are poor make use of services regularly, and most societies have them than those who are already established. The labor supply curve for a wealthy individual is usually more elastic than a poor person's labor supply curve. We would realize that we have more poor people in labour than those who are rich.

"How do you access the Expression Builder to add a calculated field to a report? in the Report Wizard in the Format tab through Control Source in the Property Sheet through the Group & Sort function in Design tab through the Design View dialog box under Controls​

Answers

B through control source in the property sheet

Answer: absnaja

Explanation: ekaksjen

The Marshall plan was an example of

Internal financing

Foreign direct investment

Foreign portfolio investment

Foreign aid

Answers

Answer

Foreign Aid

Explanation

gradpoint

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