Situation 1 Riverbed Cosmetics acquired 10% of the 215,000 shares of common stock of Martinez Fashion at a total cost of $12 per share on March 18, 2020. On June 30, Martinez declared and paid $74,000 cash dividend to all stockholders. On December 31, Martinez reported net income of $127,600 for the year. At December 31, the market price of Martinez Fashion was $13 per share.
Situation 2 Marin, Inc. obtained significant influence over Seles Corporation by buying 30% of Seles's 31,300 outstanding shares of common stock at a total cost of $9 per share on January 1, 2020. On June 15, Seles declared and paid cash dividends of $36,600 to all stockholders. On December 31, Seles reported a net income of $80,100 for the year.
Prepare all necessary journal entries in 2020 for both situations. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.)

Answers

Answer 1

Answer:

Riverbed Cosmetics and Martinez Fashion

March 18, 2020:

Debit Investment in Martinez Fashion $2,580,000

Credit Cash $2,580,000

To record the acquisition of 10% of the 215,000 shares of common stock

June 30, 2020:

Debit Cash $7,400

Credit Dividend Income $7,400

To record dividend income received ($74,000 * 10%).

December 31, 2020:

Debit Investment in Martinez Fashion $215,000

Credit Unrealized Gain $215,000

To record the unrealized gain from the increase in share price.

Situation 2:

Marin, Inc. and Seles Corporation

January 1, 2020:

Debit Investment in Seles Corporation $84,510

Credit Cash $84,510

To record the 30% of Seles's 31,300 shares acquired at a total cost of $9 per share.

June 15, 2020:

Debit Cash $10,980

Credit Investment in Seles Corporation $10,980

To record the 30% of $36,600 dividends paid to all stockholders.

December 31, 2020:

Debit Investment in Seles Corporation $24,030

Credit Retained Earnings $24,030

To record the company's share of the net income.

Step-by-step explanation:

a) Data and Analysis:

Riverbed Cosmetics and Martinez Fashion

March 18, 2020: Investment in Martinez Fashion $2,580,000 Cash $2,580,000 10% of the 215,000 shares of common stock

June 30, 2020: Cash $7,400 Dividend Income $7,400 ($74,000 * 10%)

December 31, 2020: Investment in Martinez Fashion $215,000 Unrealized Gain $215,000

Situation 2:

Marin, Inc. and Seles Corporation

January 1, 2020: Investment in Seles Corporation $84,510 Cash $84,510

30% of Seles's 31,300 outstanding shares of common stock at a total cost of $9 per share

June 15, 2020: Cash $10,980 Investment in Seles Corporation $10,980

30% of $36,600 paid to all stockholders.

December 31, 2020: Investment in Seles Corporation $24,030 Retained Earnings $24,030


Related Questions

Marie's backyard deck cost $68.29 per square meter to build. The deck is 9 meters wide and 9 meters long. How much did it cost to build the deck?

Answers

$5531.49

(9×9)×$68.29

pls help Describe how to find the product of the two terms 3x^2y^5 and 4x^3y^7

Answers

Answer:

12 x^5y^12

Step-by-step explanation:

3x^2y^5 * 4x^3y^7

Multiply the constants

3*4 = 12

Multiply the x terms

x^2 * x^3

We know a^b* a^c = a^(b+c)

x^(2+3) = x^5

Multiply the y terms

y^6 * y^7 = y&(5+7) = y^12

Put them back together

12 x^5y^12

The answer above me is correct

(Use Pascal's triangle to expand each binomial. (x – 5y)^5

Answers

The n-th row in Pascal's triangle tells you the coefficients of terms in the expansion of (a + b). Starting with n = 0,

1

1 … 1

1 … 2 … 1

1 … 3 … 3 … 1

1 … 4 … 6 … 4 … 1

1 … 5 … 10 … 10 … 5 … 1

In more concrete terms, this translates to

(x - 5y)⁵ = 1 x ⁵ (-5y)⁰ + 5 x ⁴ (-5y)¹ + 10 x ³ (-5y)² + 10 x ² (-5y)³ + 5 x ¹ (-5y)⁴ + 1 x ⁰ (-5y)⁵

Simplify:

(x - 5y)⁵ = x ⁵ - 25xy + 250x ³y ² - 1250x ²y ³ + 3125xy ⁴ - 3125y

find the angle and area of shaded region​

Answers

Area of shaded region = 1/2(πr²)

= 1/2(22/7×3×3)

= 99/7

= 99/7×2

= 198/7 cm^2

Thats the total area of the shaded region

Must click thanks and mark brainliest

In GeoGebra, display the slope of AB and the slope of the perpendicular line passing through C. Use this to verify your responses in parts B and C. Then move points A, B, and C on the grid to several different locations, and record the slopes of the two lines and the coordinates of A, B, and C.

Answers

Answer:

plato screenshot!

Step-by-step explanation:

I don't personally know *how* to find the answers, but here's the screenshot of the suggested answer on Plato

Answer:

A B Slope of  C Slope of Line Through C

(−5,4) (−1,−1) −1.25 (1,2) 0.8

(−5,4) (−3, 5) 0.5 (−2, 1) −2

(−4, 1) (−3, 5) 4 (−2, −2) −0.25

(−5, −2) (−1, 1) 0.75 (−4, 3) −1.33

(−5, −2) (1, −1) 0.17 (−3, 1) −6

Step-by-step explanation:

that way you can copy and paste each one but Plato

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1
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Answers

Could u give us a picture

Given the function f ( x ) = { 6 x − 4 x < 0 6 x − 8 x ≥ 0 Calculate the following values: f ( − 1 ) = f ( 0 ) = f ( 2 ) =

Answers

Answer:

[tex]f(-1) = -10[/tex]

[tex]f(0) =- 8[/tex]

[tex]f(2) = 4[/tex]

Step-by-step explanation:

Given

[tex]f(x) = 6x - 4[/tex] --- [tex]x < 0[/tex]

[tex]f(x) = 6x - 8<0[/tex] -- [tex]x \ge 0[/tex]

Solving (a); f(-1)

Here [tex]x= -1[/tex]

[tex]-1 < 0[/tex], so:

[tex]f(x) = 6x - 4[/tex]

[tex]f(-1) = 6 *-1 -4[/tex]

[tex]f(-1) = -10[/tex]

Solving (b); f(0)

Here [tex]x = 0[/tex]

[tex]0 \ge 0[/tex], so:

[tex]f(x) = 6x - 8[/tex]

[tex]f(0) = 6*0 - 8[/tex]

[tex]f(0) =- 8[/tex]

Solving (c) f(2)

Here [tex]x = 2[/tex]

[tex]2 \ge 0[/tex], so:

[tex]f(x) = 6x - 8[/tex]

[tex]f(2) = 6*2 - 8[/tex]

[tex]f(2) = 4[/tex]

Please help explanation if possible

Answers

Answer:

140-5x

Step-by-step explanation:

x would be the number of minutes

for eg, after 1 min, the temperature of the steak would be 140-5(1) = 135

not sure how to explain this, but its basically the start temperature - change

A rocket is fired upward with an initial velocity v of 100 meters per second. The quadratic function S(t)=-5t^2+100t can be used to find the height s of the rocket, in meters, at any time t in seconds. Find the height of the rocket 7 seconds after it takes off. During the course of its flight, after how many seconds will the rocket be at a height of 450 meters?

Answers

The rocket will be at the height of 450metres at 13.16secs and 6.84secs

Given the expression modeled by the height S(t)=-5t^2+100t where

t is the time taken by the rocket to take off

s is the height traveled by rocket

In order to find the height of the rocket 7 seconds after it takes off, we will substitute t = 7 into the equation

S(7) = -5(7)²+100(7)

S(7) = -5(49)+700

S(7) = -245+700

S(7) = 455metres

Hence the height of the rocket 7 seconds after it takes off is 455metres

Given that S = 450m, we can also get the time taken by the rocket at this height.

Recall that S(t)= -5t²+100t

450 = -5t²+100t

Rearrange

-5t²+100t - 450 = 0

5t²-100t + 450 = 0

Divide through by 5

t²-20t + 90 = 0

On factorizing above equation;

t= 10+√10 or t=10−√10

t = 10+3.1623 or 10 - 3.1623

t = 13.16 and 6.84secs

Hence the rocket will be at the height of 450metres at 13.16secs and 6.84secs

Learn more here: https://brainly.com/question/1063981

What is the distance between the following points?
WILL GIVE BRAINLIEST

Answers

Answer:

D.√85

Step-by-step explanation:

We can find the distance between two points using the distance between two points formula

Distance between two points formula:

d = √(x2 - x1)² + (y2 - y1)²

Where the x and y values are derived from the given points

We are given the two points (-2,7) and (7,9)

Using these points let's define the variables ( variables are x1, x2, y1, and y2)

Remember points are written as follows (x,y)

The x value of the first point is -2 so x1 = -2

The x value of the second point is 7 so x2 = 7

The y value of the first point is 7 so y1 = 7

The y value of the second point is 9 so y2 = 9

Now that we have defined each variable let's find the distance between the two points

We can do this by substituting the values into the formula

Formula: d = √(x2 - x1)² + (y2 - y1)²

Variables: x1 = -2, x2 = 7, y1 = 7, y2 = 9

Substitute values in formula

d = √(7 - (-2))² + (9 - 7)²

Evaluation:

The two negative signs cancel out on 7-(-2) and it changes to +7

d = √ (7+2)² + (9-7)²

Add 7+2 and subtract 9 and 7

d = √ (9)² + (2)²

Simplify exponents 9² = 81 and 2² = 4

We then have d = √ 81 + 4

Finally we add 81 and 4

We get that the distance between the two points is √85

Last year, Singh had $20,000 to invest. He invested some of it in an account that paid 7% simple interest per year, and he invested the rest in an account that paid 6% simple interest per year. After one year, he received a total of $1280 in interest. How much did he invest in each account?

Answers

Answer:

8000 and 12000 respectively

Step-by-step explanation:

Let the amount invested in first account be x and y be the amount invested in the second account.

ATQ, x+y=20000 and 1280=(7/100)*x+(6/100)*y

x=8000 and y=12000.

Books, and then you have 44+45x=?

Answers

Answer:

45x=-44

x=-44/45

Step-by-step explanation:

is this a free question?

construct a 3×3 matrix aij=3j-2i​ Hellpppp ASAP

Answers

[tex]a_{ij}=3j-2i[/tex] is the formula for (i, j )-th entry (row i, column j ) of the matrix. So the matrix would be

[tex]\begin{bmatrix}3\times1-2\times1&3\times2-2\times1&3\times3-2\times1\\3\times1-2\times2&3\times2-2\times2&3\times3-2\times2\\3\times1-2\times3&3\times2-2\times3&3\times3-2\times3\end{bmatrix} = \begin{bmatrix}1&4&7\\-1&2&5\\-3&0&3\end{bmatrix}[/tex]

Which statement explains how you could use coordinate geometry to prove that quadrilateral ABCD is a square

Answers

Answer:

Prove that all sides are congruent and that the slopes of consecutive sides are opposite reciprocals. Step-by-step explanation: In order to two segmets to be perpendicular, the slope of both lines must be opposite and reciprocals, having a 90° interception and forming a square.

The faces of all prisms are _____________.
triangles
circles
parallelograms
trapezoids

Answers

C parallelograms.

Rectangular prisms and cubes have faces that are parallel

in order for the parallelogram to be rhombus x=?

Answers

Answer:

14

Step-by-step explanation:

The angles created by the diagonals of a rhombus add up to 360 meaning each one is 90 degrees

5x+20 = 90

subtract 20 from both sides

5x = 70

divide by 5 on both sides

x=14

If a < 0 and b > 0, then which of the following is true?
Select one:
a. a + b > 0
b. a + b < 0
c.
a + b = 0
d.
The relationship between a and b cannot be determined.

Answers

Answer:

d. The relationship between a and b cannot be determined.

Step-by-step explanation:

Given

[tex]a < 0[/tex]

[tex]b > 0[/tex]

Required

Which is true

To do this, we test each of the options using assumed values

[tex]a + b > 0[/tex]

Let:

[tex]a = -5[/tex]       [tex]b= 1[/tex]

So:

[tex]-5 + 1 > 0[/tex]

[tex]-4 > 0[/tex] --- false

[tex]a + b < 0[/tex]

Let:

[tex]a = -5[/tex]       [tex]b= 7[/tex]

So:

[tex]-5 + 7 < 0[/tex]

[tex]2 < 0[/tex] --- false

[tex]a + b = 0[/tex]

Let:

[tex]a = -5[/tex]       [tex]b= 7[/tex]

So:

[tex]-5 + 7 = 0[/tex]

[tex]2 = 0[/tex] --- false

Hence, the relationship is not specific and cannot be determined

Choose the slope-intercept form of 3x + 2y = 5.
3.
у==x
5
2.
O
O y=-x+
5
0
5
v=-x+
O
yox
5
3

Answers

Answer:

y = -3x/2 + 5/2

Step-by-step explanation:

Well, basically what you do is modify it so that y is on one side.

3x+2y = 5

2y = 5-3x

y = (5-3x)/2

y = 5/2 -3x/2

So, the answer is the second option.

Answer:

B

Step-by-step explanation:

3x + 2y = 5

Our goal is this form:

y = mx + b

- move 3x to right anc change its sign

2y = -3x + 5

- divide each member by 2

y = -3/2 x + 5/2

КУ
11
10
A
9
8
7 구
6
5
4
A А
C
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B'
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1 2 3 4 5 6
A ABC is dilated about the origin./
What scale factor was used to make the image A A'B'C?

Answers

Answer:

3

Step-by-step explanation:

The dilation factor is 3

Jacob bought a magazine for $2.80 and three candy bars. Write an expression for how much Jacob paid.

Answers

Answer:

total = 2.8 + 3x

x is the price of the candy bars

A 90% confidence interval is (35 45). What is the margin of error?
A.5
B.4.5
C.9
D.10

Answers

Answer:

option a 5......

...

I hope it's correct

Surface area of the below shape

Answers

Solve all of the equations below and add all of the solutions to those equations to get your answer.

10x4x2=

8x4x2=

10x8=

(10x8)-(7x6)=

7x2x2=

6x2x2=

7x6=

A superhero can fly from New York to Los Angeles in 30 minutes. The distance from New York to Los Angeles is approximately 2,450 miles.

How many miles per hour is the superhero flying?

Answers

Answer:  4900 mph

Work Shown:

30 min = 30/60 = 0.5 hours

distance = rate*time

rate = distance/time

rate = (2450 miles)/(0.5 hours)

rate = (2450/0.5) mph

rate = 4900 mph

For the sake of comparison, a typical commercial passenger jet can reach max speeds of about 600 mph.

Last week, you spoke with 800 customers in 40 hours."
Employee: "That is an average of __________ customers every 30 minutes."

Answers

Answer:

10 customers

Step-by-step explanation:

Hi!

Each hour has 60 minutes, so two half hour (30 minute) blocks. Thus, 1 hour = 2 half hours, so 40 hours = 80 half hours.

800 customers in 80 half hours, divide that:

800 customers / 80 half hours = 10 customers / half hour

So, your answer is 10 customers every half hour, or 10 customers every 30 minutes.

Average is [tex]10[/tex] customers per hour

Average is a single number taken as representative of a list of numbers, usually the sum of the numbers divided by how many numbers are in the list.

Total number of customers [tex]=800[/tex]

Total number of hours [tex]=40[/tex]

                                      [tex]=40\times 60[/tex]

                                      [tex]=2400[/tex] minutes

Average (in every [tex]30[/tex] minutes)  [tex]=[/tex] Total number of customers [tex]\div[/tex] Total number of hours

                                                   [tex]=\frac{800}{2400 \div 30}[/tex]

                                                   [tex]=10[/tex] customers per hour

For more information:

https://brainly.com/question/19622178?referrer=searchResults                                                  

               

A store has x packages of 4 markers and y packages of 12 markers. The store has a total of 192 markers in
stock. If there are 21 packages of 4 markers in the store, how many packages of 12 markers are there?

Answers

Sh363gdbzej3yve truly urban urge Heydyeh hdye


4) In a clinical test with 2353 subjects, 1136 showed improvement from the treatment.

Answers

Answer:

1217

Step-by-step explanation:

Given

[tex]Subjects = 2353[/tex]

[tex]Improvement = 1136[/tex]

Required

The number that didn't improve --- missing from the question.

Let the unimproved be represented as x.

So, we have:

[tex]x + Improvement = Subjects[/tex]

Substitute known values

[tex]x + 1136 = 2353[/tex]

Solve for x

[tex]x =- 1136 + 2353[/tex]

[tex]x =1217[/tex]

If 1100 square centimeters of material is available to make a box with a square base and an open top, find the largest possible volume of the box. Round to two decimal places if necessary.

Answers

volume= a^2 * h

area= a^2+4ah

take the second equation, solve for h

4ah=1100-a^2

h=1100/4a -1/4 a now put that expression in volume equation for h.

YOu now have a volume expression as function of a.

take the derivative, set to zero, solve for a. Then put that value back into the volume equation, solve for Volume.

Cited from jiskha

Which ordered pair is a solution to the system of inequalities?
y > –x
y ≤ x + 1

A) (0,5)

B) (4,–1)

C) (1,3)

D) (–4,0)

Answers

9514 1404 393

Answer:

  B) (4,–1)

Step-by-step explanation:

A graph can help you figure this out. The point (4, -1) is in the doubly-shaded area, so is a solution to this system.

Answer: Choice B.  (4, -1)

==========================================================

Explanation:

Choice A can be ruled out because

[tex]y \le x+1\\\\5 \le 0+1\\\\5 \le 1\\\\[/tex]

which is false.

Choices C and D are similar, so they can be ruled out as well.

---------------------

Choice B is the answer because it makes both inequalities true.

If we plug the coordinates of (4,-1) into the first inequality, we get

[tex]y > -x\\\\-1 > -4[/tex]

which is a true statement because -1 is to the right of -4 on the number line.

Now try the other inequality

[tex]y \le x+1\\\\-1 \le 4+1\\\\-1 \le 5\\\\[/tex]

that's true also. So again, (4,-1) makes both inequalities true, and that's why choice B is the answer.

i have 6 one, 7 tens and 14 hundreds. what number am i?​

Answers

Answer:

Step-by-step explanation:

6×1 = 6

7×10 = 70

14×100 = 1400

6+70+1400 = 1476

Answer:

1,476

Step-by-step explanation:

I hope this helps you out! (please give me brainliest)

Joe used a project management software package and has determined the following results for a given project.: Expected completion time of the project = 22 days Variance of project completion time = 2.77 What is the probability of completing the project over 20 days?

Answers

Answer:

0.1151 = 11.51% probability of completing the project over 20 days.

Step-by-step explanation:

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Expected completion time of the project = 22 days.

Variance of project completion time = 2.77

This means that [tex]\mu = 22, \sigma = \sqrt{2.77}[/tex]

What is the probability of completing the project over 20 days?

This is the p-value of Z when X = 20, so:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{20 - 22}{\sqrt{2.77}}[/tex]

[tex]Z = -1.2[/tex]

[tex]Z = -1.2[/tex] has a p-value of 0.1151.

0.1151 = 11.51% probability of completing the project over 20 days.

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