On January 4, 2020, Cutter Inc., bought 15% of Vekshyna Corporation’s common stock for $60,000. The following data concerning Vekshyna are available for the years ended December 31, 2020 and 2021:

                                    2020                2021

Net income                 $30,000           $90,000

Dividends paid            None             80,000

In its income statement for the year ended December 31, 2021, how much should Cutter report as income from this investment?

solve below calculation question

Samna Resorts issued $1,000,000 of 8%, 20-year bonds on January 1, 2020, at 97.82 to yield 9%. Interest is payable semiannually on July 1 and January 1.

Prepare the journal entries to record the following.

a. The issuance of the bonds.

b. The payment of interest and the related amortization on July 1, 2020.

c. The accrual of interest and the related amortization on December 31, 2020.

Consider the bond below.
A semi-annual coupon paid March 31 & September 30:
Par Value $1000 ; Coupon rate7%; Purchase date 6/30/2020; Yield to maturity 9%; Final maturity date 3/31/2025

1. What is the clean price if the bond was purchased on June 30, 2020?

2.What is the full invoice price if the bond was purchased on June 30, 2020?

In what ways is this antibiotic resistance acquired specifically? What genetic elements does it have and what resistance mechanisms do these confer?

Briefly describe the three phases of treatment for individuals who have acquired spinal cord injuries and the major emphasis of each phase.

A report summarized the results of a survey of 306 U.S. businesses. Of these companies, 204 indicated that they monitor employees' web site visits. Assume that it is reasonable to regard this sample as representative of businesses in the United States. (a) Is there sufficient evidence to conclude that more than 75% of U.S. businesses monitor employees' web site visits? Test the appropriate hypotheses using a significance level of 0.01. State the appropriate null and alternative hypotheses. H0: p < 0.75 versus Ha: p > 0.75 H0: p = 0.75 versus Ha: p ≠ 0.75 H0: p = 0.75 versus Ha: p > 0.75 H0: p = 0.75 versus Ha: p < 0.75 H0: p ≠ 0.75 versus Ha: p = 0.75 Find the test statistic and P-value. (Use a table or technology. Round your test statistic to two decimal places and your P-value to four decimal places.) z = P-value = State your conclusion. Fail to reject H0. We have convincing evidence that more than 75% of U.S. businesses monitor employees' web site visits. Fail to reject H0. We do not have convincing evidence that more than 75% of U.S. businesses monitor employees' web site visits. Reject H0. We have convincing evidence that more than 75% of U.S. businesses monitor employees' web site visits. Reject H0. We do not have convincing evidence that more than 75% of U.S. businesses monitor employees' web site visits. (b) Is there sufficient evidence to conclude that a majority of U.S. businesses monitor employees' web site visits? Test the appropriate hypotheses using a significance level of 0.01. State the appropriate null and alternative hypotheses. H0: p = 0.5 versus Ha: p < 0.5 H0: p ≠ 0.5 versus Ha: p = 0.5 H0: p = 0.5 versus Ha: p ≠ 0.5 H0: p = 0.5 versus Ha: p > 0.5 H0: p < 0.5 versus Ha: p > 0.5 Find the test statistic and P-value. (Use a table or technology. Round your test statistic to two decimal places and your P-value to four decimal places.) z = P-value = State your conclusion. Reject H0. We have convincing evidence that a majority of U.S. businesses monitor employees' web site visits. Fail to reject H0. We have convincing evidence that a majority of U.S. businesses monitor employees' web site visits. Reject H0. We do not have convincing evidence that a majority of U.S. businesses monitor employees' web site visits. Fail to reject H0. We do not have convincing evidence that a majority of U.S. businesses monitor employees' web site visits.

Agenda Item #4 Portfolio Returns

With the impacts of COVID-19 still weighing on the portfolio manager’s mind. You have been tasked with evaluating its effects on two contrasting portfolios. In addition to understanding the relationship between risk and return, you should be able to calculate the standard deviation of a two-asset portfolio with different weighting combinations.  You are aware that the current risk-free rate is 1.08%, and the expected return on the market is 6.49%.

رThe treasurer of Miller Co. has readnon the Internet that the stock price of
Wade Inc. is about to take off . In order to profit from this potential
development, Miller Co. purchased a call option on Wade common shares
on July 7, 2020, for $400. The call option is for 250shares (notional value),
and the strike price is $50. (The market price of a share of Wade stock on
that date is $50.) The option expires on January 31, 2021. The following
data are available with respect to the call option.
Date Market Price of Wade Shares Time Value of
Call
September 30, 2020 $55 per share
$100
December 31, 2020 45 per share
40
January 4, 2021 47 per share
33
Instructions
Prepare the journal entries for Miller Co. for the following dates.
a. July 7, 2020—Investment in call option on Wade shares.
b. September 30, 2020—Miller prepares financial statements.
c. December 31, 2020—Miller prepares financial statements.
d. January 4, 2021—Miller settles the call option on the Wade shares.

Yes, this is a Taxation subject. But the system does not have that category, so selected Accounting.

Zero Corporation is the parent corporation of a consolidated group of corporations that file a consolidated calendar year tax return. Its members include subsidiaries Loss Corporation and Gain Corporation. As of the end of 2019, the consolidated group hada net operating loss carryforward of $5 million. All of the net operating loss carryforward is attributable to losses of Loss Corporation.

On April 30, 2020, Zero Corporation sold all of the stock of Loss Corporation at a purchase price that resulted in a gain of $100,000. Loss corporation’s taxable income for 2020 is $1.2 million, $400,000 of which was earned in the first 4 months of 2020.

For 2020, Zero Corporation earned $2 million of taxable income, including the $100,000 gain on the sale of loss corporation, and Gain corporation earned $4 million of taxable income.

How much of the $5 million net operating loss carryforward will Loss Corporation take with it when it leaves the Zero consolidated group on April 30, 2020? How must Loss corporation report its taxable income for 2020?