Madison corporation purchases an investment in lake geneva, inc. at a purchase price of $10 million cash, representing 40% of the book value of lake geneva, inc. during the year, lake geneva reports net income of $1,700,000 and pays $419,000 of cash dividends. at the end of the year, the market value of madison’s investment is $12.0 million. what is the year-end balance of the equity investment in lake geneva? select one: a. $12,000,000 b. $18,910,000 c. $10,480,000 d. $10,512,000 e. $10,000,000

Which of the following areas provides residents with close access to high-paying jobs and cultural attractions? a. the suburbs b. exurbs c. rural areas d. the city 2b2t

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.