On january 2, 2010, howdy doody corporation purchased 12% of ranger corporation's common stock for $50,000 and classified the investment as available for sale. ranger's net income for the years ended december 31, 2010 and 2011, were $10,000 and $50,000, respectively. during 2011, ranger declared and paid a dividend of $60,000. there were no dividends in 2010. on december 31, 2010, the fair value of the ranger stock owned by howdy doody had increased to $70,000. how much should howdy doody show in the 2011 income statement as income from this investment?

Which website did you use to find the image you used in your career presentation? complete sentences are not necessary.

Afreezer manufacturer might purchase sheets of steel, wiring, shelving, and so forth, as part of its final product. this is an example of what sub-classification of business market?

An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?