On january 1, 2018, nana company paid $100,000 for 6,900 shares of papa company common stock. the ownership in papa company is 10%. nana company does not have significant influence over papa company. papa reported net income of $64,000 for the year ended december 31, 2018. the fair value of the papa stock on that date was $65 per share. what amount will be reported in the balance sheet of nana company for the investment in papa at december 31, 2018?
a. $373,500.
b. $388,500.
c. $403,500.
d. $448,500.

Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.

If a hotel has 100 rooms, and each room takes 25 minutes to clean, how many housekeepers working 8-hour shifts does the hotel need at 50 percent occupancy?