Larkin co. has owned 25% of the common stock of devon co. for a number of years, and has the ability to exercise significant influence over devon. the following information relates to larkin's investment in devon during the most recent year: carrying amount of larkin's investment in devon at the beginning of the year $200,000 net income of devon for the year $600,000 total dividends paid to devon's stockholders during the year $400,000 what is the carrying amount of larkin's investment in devon at year end?

Value economics capital scarcity opportunity cost wealth labor trade-offs standard of living good a. condition of not having enough resources to produce all the things people want b. alternative choices made by consumers in the marketplace c. sum of those economic products that are tangible, scarce, useful, and transferable d. tools, equipment, machinery, and factories used in the production of goods and services e. tangible item that is economically useful or that satisfies an economic want f. quality of life based on the ownership of the necessities and luxuries that make life easier g. people with all their efforts, abilities, and skills h. cost of the next-best alternative use of money, time, or resources when one choice is made rather than another i. study of how people try to satisfy their needs through the careful use of scarce resources j. worth that can be expressed in dollars and cents