On january 1, 2018, deuce inc. acquired 15% of wiz co.’s outstanding common stock for $62,400 and did not exercise significant influence. wiz earned net income of $96,000 in 2018 and paid dividends of $36,000. the fair value of deuce’s investment was $80,000 at december 31, 2018. on january 3, 2019, deuce bought an additional 10% of wiz for $54,000. this second purchase gave deuce the ability to significantly influence the decision making of wiz. during 2019, wiz earned $120,000 and paid $48,000 in dividends. as of december 31, 2019, wiz reported a net book value of $468,000. at the date of the second purchase, deuce concluded that wiz co.’s book values approximated fair values and attributed any excess cost to goodwill. on deuce's december 31, 2019 balance sheet, what balance was reported for the investment in wiz co. account?

Which of the following is an example of the use of fiscal policy by the u.s. government? a. congress makes it illegal for the police union to go on strike. b. the federal reserve bank lowers the interest rate on loans to corporations. c. the department of transportation increases spending on highway repairs. d. the supreme court rules that unions have the right to collective bargaining. 2b2t

What two things do you consider when evaluating the time value of money

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.