How would i solve this? it's giving me issues:<\/p>
<\/p>
On January 2, 2018, All Good Company purchased 10,000 shares of the stock of Big Bad Company, and DID obtain significant influence.The investment is intended as a long-term investment.The stock was purchased for $17 per share, and represents a 30% ownership stake.Big BadCompany made $300,000 of net income in 2018, and paid dividends to All Good Company of $20,000 on December 15, 2018.Big Bad Company's stock was trading on the open market for $14 per share at the end of the year.Use this information to determine the book value of the investment that should be reported at year end by All Good Company. Round to nearest whole dollar.<\/p>", "transcribed_text": "", "related_book": { "title": "Fundamentals Of Statistics", "isbn": "978-032184460, 032183870X, 321844602, 9780321838704, 978-0321844606", "edition": "4th Edition", "authors": "Michael Sullivan III", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/445.jpg", "uri": "\/textbooks\/fundamentals-of-statistics-4th-edition-445", "see_more_uri": "" }, "free_related_book": { "isbn": "B001HCVU4A", "uri": "\/textbooks\/eight-lectures-on-theoretical-physics-illuminating-the-quantum-universe-1st-edition-b0cg6knrlc-302165", "name": "Eight Lectures On Theoretical Physics Illuminating The Quantum Universe", "edition": "1st Edition" }, "question_posted": "2024-06-28 08:56:24", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/deckle-printing-company-currently-leases-its-only-copy-machine-for", "description": "Deckle Printing Company currently leases its only copy machine for $ 1,200 a month. The company is considering replacing this leasing agreement with a new contract that is entirely commission based....", "stars": 3 }, { "url": "\/study-help\/psychology\/did-the-faculty-member-teach-elsewhere-before-coming-to-your-1980936", "description": "Did the faculty member teach elsewhere before coming to your school?", "stars": 3 }, { "url": "\/sales-of-vegetable-dehydrators-at-bud-baniss-discount-department-store", "description": "Sales of vegetable dehydrators at Bud Baniss discount department store in St. Louis over the past year are shown below. Management prepared a forecast using a combination of exponential smoothing and...", "stars": 3 }, { "url": "\/study-help\/questions\/abco-mortgage-company-has-the-following-two-service-and-production-9885979", "description": "ABCO Mortgage Company has the following two service and production departments related to its lending and servicing business: Service Departments Production Lending Departments HR Accounting...", "stars": 3 }, { "url": "\/study-help\/questions\/which-one-of-the-following-types-of-assets-should-not-3214590", "description": "Which one of the following types of assets should not be classified as property, plant, and equipment? A. idle land and buildings B. leasehold improvements C. fully-depreciated building (still in...", "stars": 3 }, { "url": "\/study-help\/questions\/problem-1-a-fourbar-mechanism-is-shown-in-its-starting-1024988", "description": "PROBLEM 1 A four-bar mechanism is shown in its starting position in the figure above. You are to synthesize this mechanism for two positions such that tracer point P moves from coordinates 4.278 in.,...", "stars": 3 }, { "url": "\/study-help\/questions\/a-metal-halide-lamp-has-a-correlate-color-temperature-or-1025338", "description": "A metal halide lamp has a correlate color temperature or effective blackbody temperature of 20103 K. Determine the emitted hemispherical power in a vacuum over the visible spectrum (0.4-0.7 m) and...", "stars": 3 }, { "url": "\/study-help\/questions\/based-on-the-new-casereading-ie-finding-information-for-industry-1007243", "description": "Based on the new case\/reading, i.e., Finding Information for Industry Analysis (HBS, 2008), identify a minimum of five (5) sources of information which you would recommend to Eric Migicovsky (as of...", "stars": 3 }, { "url": "\/study-help\/questions\/audimax-company-is-an-electronics-company-specializing-in-the-manufacture-1007487", "description": "Audimax company is an electronics company specializing in the manufacture of home audio equipment . Historically, the company has used solely financial performance measures to asses the performance...", "stars": 3 }, { "url": "\/study-help\/questions\/20-points-prismatic-bars-of-various-thinwalled-crosssections-of-uniform-1024339", "description": "(20 points) Prismatic bars of various thin-walled cross-sections of uniform thickness t (shown below) are to be loaded in torsion. Calculate the torsion constant for each shape below, Ji (i = 0, 1,...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/evaluate-the-integral-by-completing-the-square-and-applying-appropriate-4278552", "next": "\/study-help\/questions\/which-one-of-the-following-statements-concerning-the-federal-bankruptcy-4278554" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "How would i solve this? it's giving me issues: On January 2,", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/how-would-i-solve-this-its-giving-me-issues-on-4278553" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }1" } }