Answer:$277,000 should be reported by Kean.
Explanation:
Amount of investment Kean should report = Original cost of investment + share of net income of investors -share of investors dividend.
But ,
share of net income of investors = 30% of net income reported by Pod
= 30 % x $100,000= $30,000
share of investors dividend= 30% of dividend declared by Pod company
= 30 % x 10,000 = $3000
Therefore,
Amount of investment Kean should report = $250,000 + $30,000 - $3,000
=$277,000
Answer:
While total utility measures the aggregate satisfaction an individual receives from the consumption of a specific quantity of a good or service, marginal utility is the satisfaction an individual receives from consuming one additional unit of a good or service.
Answer:
The bonds are guaranteed as to principal and interest payments by the US government.
Explanation:
According to NASAA's Statement of Policy on Unethical or Dishonest Business Practices of Broker-Dealers and Agents, a broker can say US government bonds are guaranteed on principal and interest payments.
However if inflation sets in and interest rates rises there is no guarantee from the government that interest paid on the bonds will match the higher interest rate.
So legally this statement is correct, even though the investor can lose money as a result of higher interest rate in the future.
Answer choice D is punctuated correctly due to the use of the long dash between the words year and summer.
