On january 3, 2018, matteson corporation acquired 30 percent of the outstanding common stock of o’toole company for $1,454,000. this acquisition gave matteson the ability to exercise significant influence over the investee. the book value of the acquired shares was $848,000. any excess cost over the underlying book value was assigned to a copyright that was undervalued on its balance sheet. this copyright has a remaining useful life of 10 years. for the year ended december 31, 2018, o’toole reported net income of $337,000 and declared cash dividends of $30,000. at december 31, 2018, what should matteson report as its investment in o’toole under the equity method

Jimmy's delicatessen sells large tins of tom tucker's toffee. the deli uses a periodic review system, checking inventory levels every 88 days, at which time an order is placed for more tins. order lead time is 22 days. daily demand is a constant 1515 tins, so average demand during the reorder period and order lead time (1010 days) is 150150 tins. draw a sawtooth diagram. assume that the beginning inventory level is equal to the restocking level and the desired service level is 99.9%. what is the safety stock level? (hint: look at the formula for calculating restocking level.) what is the average inventory level? the safety stock level is average inventory level is __chart: time (10,20,30), tins (0,150) lines touching both axisthe safety stock level is 0 tinsthe average inventory level is 75 tins