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Savatey [412]
1 year ago
7

On December 31, 2018, the end of its first year of operations, Cullumber Associates owned the following securities that are held

as long-term investments.
Common Stock Shares Cost
C Co. 1,060 $51,940
D Co. 5,460 38,766
E Co. 1,206 25,326

On this date, the total fair value of the securities was equal to its cost. The securities are not held for influence or control over the investees. In 2019, the following transactions occurred.

July 1 Received $2 per share semiannual cash dividend on D Co. common stock.
Aug. 1 Received $0.50 per share cash dividend on C Co. common stock.
Sept. 1 Sold 990 shares of D Co. common stock for cash at $8 per share.
Oct. 1 Sold 300 shares of C Co. common stock for cash at $53 per share.
Nov. 1 Received $1 per share cash dividend on E Co. common stock.
Dec. 15 Received $0.50 per share cash dividend on C Co. common stock.
31 Received $2.10 per share semiannual cash dividend on D Co. common stock.

At December 31, the fair values per share of the common stocks were C Co. $48, D Co. $6.90, and E Co. $25. These investments should be classified as long-term.

Required:
Journalize the 2019 transactions.
Business
1 answer:
nlexa [21]1 year ago
3 0

Answer:

the answer is

Explanation:

$2317218262262

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RUDIKE [14]

Answer: B) ​subtle discrimination based on secondary characteristics.

Explanation:

There are Primary and Secondary Characteristics of Diversity.

Secondary Characteristics of Diversity are those attributes that can be changed and include but are not limited to, educational background, geographic location, income, marital status, weight, religious beliefs, and work experiences.

The attributes that Bob says he has no problems with are PRIMARY in nature but he seems to have problems with the weight and educational backgrounds of some employees and insinuates that they are less efficient at doing what he does.

This is subtle discrimination and it is based on their secondary attributes.

7 0
1 year ago
Jesse and Francis hear some friends talking about how much money they earn using Airbnb to rent out their room on weekends when
Kitty [74]

Answer and explanation:

Rental agreements are legal documents where the landlord or owner of the property establishes to whom, what, when, and for how much a property or part of it will be leased. The landlord becomes responsible for granting conditions that allow the regular and peaceful living of the tenants within the property and the tenant becomes responsible for damages caused to the property and for the payment of rent on a regular basis established in the agreement.

<em>In Jesse and Francis's case, they hear their friends are renting their room on the weekends using an online house rental service. Under the rental agreement that would not be allowable since Jesse and Francis's friends would be leasing a property that does not belong to them. They cannot become landlords being only tenants. The real owner of the room can even evict the tenant for breaching the contract.</em>

8 0
1 year ago
When the price of candy bars decreased from $0.55 to $0.45, the quantity demanded changed from 19,000 per day to 21,000 per day.
just olya [345]

Answer:

0.5

Explanation:

A screenshot is attached to get the full solution

Since the coefficient is < 1, it is inelastic

8 0
2 years ago
The center of gravity method determines the best x and y coordinates for multiple faclities by finding a central location and th
babymother [125]

Answer:

The answer is True.

Explanation:

The center of gravity method is a concept under <em>Operations Management</em> as it relates to facilities distribution such as warehouses or fulfillment centers.

Center of Gravity Strategy/Method is defined as a concept that seeks to calculate geographic coordinates for a potential single new facility that will minimize costs. Under this approach the main factors considered are:

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Operations managers prefer to use this approach in siting the location of their facilities because:

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How to use the Center of Gravity Method

Step 1:

  • Place existing facility(ies) such warehouse, fulfillment center, and distribution center locations in a coordinate grid.
  • situate the grid on an ordinary map.
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Step 2:

Then, using the equations below,

   Fx= ∑ dix Vi/ ∑ Vi

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Proceed to calculate the X and Y coordinates using these equations where Fx is the X (horizontal axis) coordinate for the new facility, and

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Step 3:

After you have obtained the X and Y coordinates place that location on the map.

This approach allows for point of departure – or, literally, a starting point of where (from the perspective of longitude and latitude) you options are for where to grow your fulfillment or logistics network.

Cheers!

 

8 0
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Fed [463]
The correct answer is analytical.
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