On january 2, 2018, all good company purchased 10,000 shares of the stock of big bad company, and did not obtain significant influence. the investment is intended as a long-term investment. the stock was purchased for $18 per share, and represents a 10% ownership stake. big bad company made $375,000 of net income in 2018, and paid dividends to all good company of $5,000 on december 15, 2018. on december 31, 2018, big bad company's stock was trading on the open market for $13.50 per share at the end of the year. use this information to determine the unrealized gain or loss on the investment that should be reported at year end by all good company. if it is a loss, enter as a negative number. round to nearest whole dollar.
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 13:30, argarcia255
Sam robinson borrowed $21,000 from a friend and promised to pay the loan in 10 equal annual installments beginning one year from the date of the loan. sam’s friend would like to be reimbursed for the time value of money at a 9% annual rate. what is the annual payment sam must make to pay back his friend?
Answers: 1
Business, 22.06.2019 03:40, Jackson4568
Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
Answers: 1
Business, 22.06.2019 08:50, cmflores3245
Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and the cyclical unemployment rate is 2 percent. the frictional unemployment rate is percent and the actual unemployment rate (in this economy) is percent.
Answers: 2
Do you know the correct answer?
On january 2, 2018, all good company purchased 10,000 shares of the stock of big bad company, and di...
Questions in other subjects:
History, 27.03.2020 17:45
World Languages, 27.03.2020 17:45
Mathematics, 27.03.2020 17:45
Mathematics, 27.03.2020 17:45
