On June 1, 2021, Blue Co. distributed to its common stockholders 260,000 outstanding common shares of its investment in Red Inc. which is an unrelated party. The book value on Blue’s books of Red's $1 par common stock was $2.30 per share. Immediately after the declaration, the market price of Red's stock was $4.30 per share. In its income statement for the year ended June 30, 2021, what amount should Blue report as gain before income

Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000

Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622

An economic theory that calls for workers to take control of factories is .