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Grant, Inc. acquired 40% of South Company's common stock for $200,000 on January 1, 2014. In its 2014 cash flow statement, Grant, Inc. reported an operating cash inflow related to its investment in South Company of $6,800. The balance in the investment in South Company account at December 31, 2014 amounted to $226,800. During 2015, South Company reported net income of $91,000. On December 31, 2015, Grant, Inc. sold one-half of its investment in South Company for $137,000 cash which resulted in them reporting a gain on sale of investments of $12,000.
Calculate the amount of net income reported by South Company in 2014.
Ten samples of n = 8 have been taken from a manufacturing process. The average of the means is A cm. The average sample range for the 10 samples was B cm. Calculate the X-bar and the R control Charts. One Sample average is above the UCL of the X-bar ..
Which of condition is most likely to encourage ethical behavior in organizations? Which statement is most accurate according to the research on gender and leadership? Which of the following was not described as an essential theme for effective leader..
Consider the following statement: “The essence of project management is risk management.” What does it mean in terms of completing a project successfully?
Case Study- Alcatel-Lucent Chops Away at years of Failure. What kind of decisions has chief executive Ben Verwaayen been making at Alcatel-Lucent
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Consider the hypotheses shown below. Given that x overbar = 113, σ=25?, n=48, α=.10?, complete parts a and b. Upper H 0H0?: μ=119 Upper H 1H1?: μ ≠119. What conclusion should be? drawn? Determine the? p-value for this test.
You are a city prosecutor, and a terrible crime has been committed in your city. A 7-year old girl has been kidnapped, brutally raped, tortured, and strangled to death. The case has become something of a cause célèbre, and people are up in arms, outr..
Technology should be used as a resource to enhance operational performance of a business. How does ERP help business?
what are the five steps in the hypothesis testing procedure? are the steps followed in sequence? explain why or why
Analyze a business’s responsibilities to the environment, employees, customers, investors, and the community, and determine which is the most important. Explain your rationale.
Describe the company's supply chain, Identify a process internal to the company that you wish to analyze. Describe the process internal to the company that you wish to analyze.
Analyze the pros and cons for the issuer and for the buyer. Would an investor be indifferent between buying a callable bond or a non-callable bond from the same issuer and same maturity? Under which circumstances would be indifferent?
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