On december 31, 2014, pantech company invests $20,000 in softplus, a variable interest entity. in contractual agreements completed on that date, pantech established itself as the primary beneficiary of softplus. previously, pantech had no equity interest in softplus. immediately after pantech’s investment, softplus presents the following balance sheet: cash $ 20,000 long-term debt $ 120,000 marketing software 140,000 noncontrolling interest 60,000 computer equipment 40,000 pantech equity interest 20,000 total assets $ 200,000 total liabilities and equity $ 200,000 each of the above amounts represents an assessed fair value at december 31, 2014, except for the marketing software. a. if the marketing software was undervalued by $20,000, what amounts for softplus would appear in pantech’s december 31, 2014, consolidated financial statements?

The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?