During year 3, gilman co. purchased 5,000 shares of the 500,000 outstanding shares of meteor corp.'s common stock for $35,000. during year 3, gilman received $1,800 of dividends from its investment in meteor's stock. the fair value of gilman's investment on december 31, year 3, is $32,000. gilman has elected the fair value option for this investment. what amount of income or loss that is attributable to the meteor stock investment should be reflected in gilman's earnings for year 3? a. income of $4,800b. income of $1,800c. loss of $1,200d. loss of $3,000

The food services division of cedar river amusement park inc. is studying the amount families who visit the amusement park spend per day on food and drink. a sample of 40 families who visited the park yesterday revealed they spent the following amounts: see worksheet 1 for data and answer the following questions: a. organize the data into a frequency distribution, using seven classes and 15 as the lower limit of the first class. what class interval did you select? b. what percent of families spent less than $45? c. what percent of families spent $55 or more? d. how many families spent from $65 to 74.99?