Business, 15.11.2019 17:31 jadahilbun01
Madison corporation purchased 40% of jay corporation for $400,000 on january 1. on june 20 of the same year, jay corporation declared total cash dividends of $100,000. at year-end, jay corporation reported net income of $500,000. the balance in madison corporation's long-term investment-jay corporation account as of december 31 should be:
multiple choice
a. $640,000.
b. $240,000.
c. $740,000.
d. $400,000.
e. $560,000.
Answers: 3
Business, 22.06.2019 14:30
Stella company sells only two products, product a and product b. product a product b total selling price $50 $30 variable cost per unit $20 $10 total fixed costs $2,110,000 stella sells two units of product a for each unit it sells of product b. stella faces a tax rate of 40%. stella desires a net afterminustax income of $54,000. the breakeven point in units would be
Answers: 3
Business, 22.06.2019 17:00
Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.
Answers: 2
Business, 22.06.2019 19:30
Adisadvantage of corporations is that shareholders have to pay on profits.
Answers: 1
Madison corporation purchased 40% of jay corporation for $400,000 on january 1. on june 20 of the sa...
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