Thayer corporation owns equity-method investments in several companies. thayer paid $ 1 comma 200 comma 000 to acquire a 45% investment in slater software company. slater reported net income of $ 640 comma 000 for the first year and declared and paid cash dividends of $ 460 comma 000. without making journal entries, record the investment transactions directly in the thayer t-account, equity-method investment. assume that after all the noted transactions took place, thayer sold its entire investment in slater for cash of $ 1 comma 200 comma 000. how much is thayer's gain or loss on the sale of the investment?

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.