Pharoah, Inc. acquired 40% of Wildhorse Corporation's voting stock on January 1, 2021 for $1040000. During 2021, Wildhorse earned $412000 and paid dividends of $258000. Pharoah's 40% interest in Wildhorse gives Pharoah the ability to exercise significant influence over Wildhorse's operating and financial policies. During 2022, Wildhorse earned $512000 and paid cash dividends of $158000 on April 1 and $158000 on October 1. On July 1, 2022, Pharoah sold half of its stock in Wildhorse for $672000 cash. Before income taxes, what amount should Pharoah include in its 2021 income statement as a result of the investment

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

Acar manufacturer uses new machines that automatically assemble an engine from parts fed to the system. the machine can regulate the speed ofassembly depending on the number of parts produced. which type of technology does this machine use? angenoem mense wat ons in matin en esta va ser elthe machine uses

Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to: