On january 2, matthews corporation acquired 20% of the outstanding common stock of dernier company for $700,000. for the year ended december 31, dernier reported net income of $180,000 and paid cash dividends of $60,000 on its common stock. at december 31, the carrying value of matthews' investment in dernier under the equity method is:

a. $688,000.
b. $700,000.
c. $712,000.
d. $724,000.

What is the equity method balance in the investment in lindman account at the end of 2018?

Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.

Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?