Profits Group of answer choices are not a cost of doing business because they are often zero or negative. are a cost of doing business because they are payments to others. are a cost of doing business because entrepreneurs would not incur the risk of starting a business if they didn't expect to earn profits. are not a cost of doing business because they are owed to resource owners.

Double corporation acquired all of the common stock of simple company for

Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?