On january 1, 2018, ramsey company purchased 35% of the outstanding common shares of the vapor company for $70,000 when the net assets were $200,000. during 2018, vapor company earned $80,000 and declared a dividend of $40,000. ramsey accounted for the investment using the equity method. ramsey’s share of vapor’s income for 2018 is:
a. $42,000
b. $28,000
c. $14,000
d. $40,000

The wall street journal reported that walmart stores inc. is planning to lay off 2,300 employees at its sam's club warehouse unit. approximately half of the layoffs will be hourly employees (the wall street journal, january 25-26, 2014). suppose the following data represent the percentage of hourly employees laid off for 15 sam's club stores. 55 56 44 43 44 56 60 62 57 45 36 38 50 69 65 (a) compute the mean and median percentage of hourly employees being laid off at these stores. (b) compute the first and third quartiles. (c) compute the range and interquartile range. (d) compute the variance and standard deviation. (e) do the data contain any outliers? (f) based on the sample data, does it appear that walmart is meeting its goal for reducing the number of hourly employees?