As a long-term investment at the beginning of the 2021 fiscal year, florists international purchased 30% of nursery supplies inc.'s 8 million shares for $56 million. the fair value and book value of the shares were the same at that time. during the year, nursery supplies earned net income of $40 million and distributed cash dividends of $1.25 per share. at the end of the year, the fair value of the shares is $52 million. required: prepare the appropriate journal entries from the purchase through the end of the year. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in millions, (i. e., 10,000,000 should be entered as

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.