As a long-term investment at the beginning of the 2018 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.

Which of the following best describes how the federal reserve bank banks during a bank run? a. the federal reserve bank has the power to take over a private bank if customers demand too many withdrawals. b. the federal reserve bank can provide a short-term loan to banks to prevent them from running out of money. c. the federal reserve bank regulates exchanges to prevent the demand for withdrawals from rising above the required reserve ratio. d. the federal reserve bank acts as an insurance company that pays customers if their bank fails. 2b2t

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?