On January 1 , 2018, Rusty, Inc. decides to invest in 6,500 shares of Yearling stock when stock is selling for $20 share. On August 1 , 2018, Yearling paid a $0.30 per share cash dividend to stockholders. On December 31 2018, Yearling reports net income of $110,000 for 201B. Assume Yearling has 26,000 shares of voting stock outstanding during 2018 and Rusty has significant influence over Yearling.
Required:
Identify what type of investment the Yearling stock for Rusty?
Answers: 3
Business, 21.06.2019 19:30
How can a poor housing market put home buyers in a financially unstable position? a. changing property values means it’s easier to find homes with low rental costs. b. when the home value decreases, property taxes and insurance costs increase. c. houses are valued lower than their purchase prices, so the home equity decreases. d. home buyers lose all tax benefits and tax incentives when the housing market goes down. e. mortgage payments can increase even though the home value decreases.
Answers: 1
Business, 21.06.2019 21:20
Abakery wants to determine how many trays of doughnuts it should prepare each day. demand is normal with a mean of 5 trays and standard deviation of 1 tray. if the owner wants a service level of at least 95%, how many trays should he prepare (rounded to the nearest whole tray)? assume doughnuts have no salvage value after the day is complete.
Answers: 2
Business, 22.06.2019 01:20
For a multistate lottery, the following probability distribution represents the cash prizes of the lottery with their corresponding probabilities. complete parts (a) through (c) below. x (cash prize, $) p(x) grand prizegrand prize 0.000000008860.00000000886 200,000 0.000000390.00000039 10,000 0.0000016950.000001695 100 0.0001582930.000158293 7 0.0039114060.003911406 4 0.0080465690.008046569 3 0.012865710.01286571 0 0.975015928140.97501592814 (a) if the grand prize is $13 comma 000 comma 00013,000,000, find and interpret the expected cash prize. if a ticket costs $1, what is your expected profit from one ticket? the expected cash prize is $nothing.
Answers: 3
Business, 22.06.2019 08:40
Which of the following statements is true regarding the reporting of outside interests and the management of conflicts? investigators are responsible for developing their own management plans for significant financial interests. the institution must report identified financial conflicts of interest to the u.s. office of research integrity. investigators must disclose their significant financial interests related to their institutional responsibilities and not just those related to a particular project. investigators must disclose all of their financial interests regardless of whether they are related to a research project.
Answers: 3
On January 1 , 2018, Rusty, Inc. decides to invest in 6,500 shares of Yearling stock when stock is s...
Mathematics, 09.07.2019 16:00
Business, 09.07.2019 16:00
Health, 09.07.2019 16:00
English, 09.07.2019 16:00
Physics, 09.07.2019 16:00
Business, 09.07.2019 16:00
Chemistry, 09.07.2019 16:00
Biology, 09.07.2019 16:00
Physics, 09.07.2019 16:00
History, 09.07.2019 16:00
Biology, 09.07.2019 16:00
Health, 09.07.2019 16:00