On January 1, 2018, Green Corporation purchased 38% of the outstanding voting common stock of Gold Company for $ 300,950. The book value of the acquired shares was $ 275,900. The excess of cost over book value is attributable to an intangible asset on Gold's books that was undervalued and had a remaining useful life of five years. For the year ended December 31, 2018, Gold reported net income of $ 125,600 and paid cash dividends of $ 26,000. What is the carrying value of Green's investment in Gold at December 31, 2018?

The carrying value of Green’s investments as at 31st December 2018 is $356,654.2

Explanation:

In this question, we are asked to calculate the carrying value of Green’s investments in gold as at December 31st, 2018.

We proceed as follows; Firstly, we identify the following parameters;

The investment in gold company as of January 1 2018 = $300,950

The Depreciation in assets of gold company = $(300,950-275,900)/5 * 38% = $1903.8

Share in cash dividend = 38% * 26,000 = $9,880

Share in net income = 38% * 125,600 = $47,728

Carrying value of green’s investment as at December 31st 2018 = investment + share in cash dividend + share in net income - depreciation = 300,950 + 9,880 + 47,728 - 1903.8 = $356,654.2

if kj of heat is transferred o 1200 g liquid water at 36'c, what would the new temperature of the water be? (he specific heat capacity of liquid water is 4.186 j/g''c)

a. 15'c

b.100'c

c.51'c

d.36'c

answer; swot analysis;