Assume that, on January 1, 2021, Matsui Co. paid $480,000 for its investment in 30,000 shares of Yankee Inc. Further, assume that Yankee has 150,000 total shares of stock issued. The book value and fair value of Yankee's identifiable net assets were both $300,000 at January 1, 2021. The following information pertains to Yankee during 2021: Net income $ 150,000 Dividends declared and paid $ 45,000 Market price of common stock on 12/31/2021 $ 18 /share What amount would Matsui report in its year-end 2021 balance sheet for its investment in Yankee

Amachine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its operating expenses are $60,000 per year. a replacement machine would cost $480,000, have a useful life of nine years, and would require $26,000 per year in operating expenses. it has an expected salvage value of $130,000 after nine years. the current disposal value of the old machine is $170,000: if it is kept 9 more years, its residual value would be $20,000. calculate the total costs in keeping the old machine and purchase a new machine. should the old machine be replaced?

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

Why are there so many types of diversion programs for juveniles