Presented below is information related to viel company at december 31, 2020, the end of its first year of operations. sales revenue $310,000 cost of goods sold 140,000 selling and administrative expenses 50,000 gain on sale of plant assets 30,000 unrealized gain on available-for-sale debt investments 10,000 interest expense 6,000 loss on discontinued operations 12,000 dividends declared and paid 5,000 compute the following: (a) income from operations(b) net income(c) comprehensive income(d) retained earnings balance at december 31, 2017. (ignore income tax effects.)

On january 1, 2018, jay company acquired all the outstanding ownership shares of zee company. in assessing zee's acquisition-date fair values, jay concluded that the carrying value of zee's long-term debt (8-year remaining life) was less than its fair value by $21,600. at december 31, 2018, zee company's accounts show interest expense of $14,440 and long-term debt of $380,000. what amounts of interest expense and long-term debt should appear on the december 31, 2018, consolidated financial statements of jay and its subsidiary zee? long-term debt $401,600 $398,900 $401,600 $398,900 interest expense $17,140 $17,140 $11,740 $11,740 a. b. c. d.

Which law would encourage more people to become homeowners but not encourage risky loans that could end in foreclosure? options: offering first time homebuyers tax-free accounts to save for down payments requiring all mortgages to be more affordable, interest-only loans outlawing home inspections and appraisals by mortgage companies limiting rent increases to less than 2% a year

Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?