Best Corporation acquired 4,000 shares of Better corporation at a cost of $120,000. Better corporation has 16,000 shares outstanding. In 2020, Better corporation declared a dividend of $30,000 to its outstanding shareholders of record and also reported a net income of $45,000 for the year. Calculate the value of investment of Best Corporation 141 The following information is given to you for a restaurant operation Net income Cost of goods sold $48,383 $764,000 The net income to sales ratio is 4.1% What is the sales revenue in dollar terms? [3] Enter Answer Here The following assets and liabilities of a hotel is given to you: Cash Marketable securities Accounts receivables Inventory Property, Plant and Equipment $20,000 $30,000 $50,000 $100,000 $ 65,000 Current liabilities Long term liabilities Stockholders equity $100,000 60,000 $105.000 $265,000 In a common size statement what value will be attached to Property, Plant and Machinery? Enter Answer Here The following Income Statement for 2019 is given below: Net Sales $400,000 Cost of Goods sold 232,000 Gross margin ? Operating expenses 92,000 Income before income taxes 76,000 Income taxes expense 30,400 Net Income ? In a common size statement, what is the value to be attached to Gross Margin? [4] The following Income Statement for 2019 is given below: Net Sales $ 400,000 Cost of Goods sold 232,000 Gross margin ? Operating expenses 92,000 Income before income taxes 76,000 Income taxes expense 30,400 Net Income ? Calculate the Net Income percentage