Wheat Corporation pays for shares to acquire ​% common stock of Grain​ Investments, Inc. on January​ 5, 2018. Wheat Corporation sells shares for on January​ 6, 2018. Which of the following is the correct journal entry for the transaction on January​ 6, 2018?​ (Round any intermediate calculations to two decimal​ places, and your final answer to the nearest​ dollar.)

Answers

Answer 1

Marketable securities are 63,360 credits (refer to the table below for journal entries).

What are journal entries?A journal entry is an act of keeping or making records of any economic or non-economic transaction.An accounting journal, which shows a company's debit and credit balances, records transactions. The journal entry can be made up of multiple recordings, each of which is either a debit or a credit. Otherwise, the journal entry is considered unbalanced if the total of the debits does not equal the total of the credits.

So,

The following can be deduced from the information provided in the question:

The purchase price per share will be as follows:

= $528,000/100,000= $5.28

The share price will be as follows:

= $54,000/12,000 = $4.50

The following is the loss on the sale of marketable securities:

= 12,000 x (4.50 - 5.28)= 12,000 × 0.78= $9,360

Then, the journal entries are: (Refer to the table below)

Therefore, marketable securities are 63,360 credits (refer to the table below).

Know more about journal entries here:

https://brainly.com/question/14279491

#SPJ9

The correct question is given below:
Wheat Corporation pays $ 528 comma 000 for 100,000 shares to acquire 45​% common stock of Grain​ Investments, Inc. on January​ 5, 2018. Wheat Corporation sells 12 comma 000 shares for $ 54 comma 000 on January​ 6, 2018. What is the correct journal entry for the transaction on January​ 6, 2018?​ (Round any intermediate calculations to two decimal​ places, and your final answer to the nearest​ dollar.)

Wheat Corporation Pays For Shares To Acquire % Common Stock Of Grain Investments, Inc. On January 5,

Related Questions

1.
destions. Show your wor
For a recent Broadway musical, orchestra main floor seats cost $148 each, and
balcony seats cost $65 each. A theatre group purchased 30 tickets for an upcoming
show in June. If the total cost of the 30 tickets was $2,614, how many of each type
of ticket did the theatre group buy?
Number of orchestra tickets
Number of balcony tickets

Answers

Answer:

Number of orchestra tickets = 8

Number of balcony tickets = 22

Step-by-step explanation:

Let the number of orchestra tickets be x and number of balcony tickets be y.

So, cost of x orchestra tickets = $148 × x = $148x

Cost of y balcony tickets = $65 × x = $65y

Also given, total number of tickets = 30

Cost of 30 tickets = $2,614

So, the system of equations that can ne formed is :

x + y = 30     ....eq 1

148x + 65y = 2614    ....eq 2

Multiplying eq 1 by 148 and subtracting eq 2 by it,

148x + 148y - 148x - 65y = 4440 - 2614

83y = 1826

y = 1826/83 = 22

Substituting y = 22 in eq 1,

x + 22 = 30

So, x = 30 - 22 = 8

Thus,

Number of orchestra tickets = 8

Number of balcony tickets = 22

Use the map shown below to find the distance between cities A and B to the nearest tenth.

Answers

Check the picture below.

[tex]~~~~~~~~~~~~\textit{distance between 2 points} \\\\ B(\stackrel{x_1}{-3}~,~\stackrel{y_1}{6})\qquad A(\stackrel{x_2}{0}~,~\stackrel{y_2}{0})\qquad \qquad d = \sqrt{( x_2- x_1)^2 + ( y_2- y_1)^2} \\\\\\ BA=\sqrt{(~~0 - (-3)~~)^2 + (~~0 - 6~~)^2} \implies BA=\sqrt{(0 +3)^2 + (0 -6)^2} \\\\\\ BA=\sqrt{( 3 )^2 + ( -6 )^2} \implies BA=\sqrt{ 9 + 36 } \implies BA=\sqrt{ 45 }\implies BA\approx 6.7[/tex]

The temperature is-2°C. if the temperature reses by 15°C, what is the new temperature?

Answers

Answer:    13°C

Explanation:

Draw a vertical number line (see below). Mark -2 on it. Then move up 2 units to arrive at 0. Move up the remaining 13 units to arrive at 13

This shows that -2+15 = 13

Vincent earns $892 on Monday and he earns $711 on Tuesday. How much total money does Vincent
earn?

Answers

Vincent would earn $1603 in total.

At the grocery store, Mr. Arnett allowed each of his
children to fill their own bag with trail mix for their hike.
The table shows the amount of trail mix for each child.
Child
Ava
Grayson
Mason
Tyler
Amount of
Trail Mix (oz)
15
14
10
17
The trail mix costs $4.50 per pound. How much will Mr.
Arnett pay for all the trail mix?

Answers

I think its 252 let me know if im wrong

A sprinkler rotates 360° to water a circular region. If the total area watered is approximately 171 yd^2, determine the radius of the region (the radius is the length of the stream of water). Round the answer to the nearest yard.


The radius is approximately ___ yd.

Answers

The radius of the sprinkler is approximately 7 yards.

How long is the arm of the sprinkler?

In this situation we find the case of a sprinkler that rotates until a complete revolution is done, that is, the area of complete circle is covered due to the rotation. That area can be found by using this formula:

A = (θ / 360) · π · r²

Where:

A - Area of rotation, in square yards.θ - Angle of rotation, in degrees.r - Radius of the sprinkler, in yards.

If we know that A = 171 yd² and θ = 360°, then the radius is approximately:

171 = π · r²

r = √(171 / π)

r ≈ 7.378 yd (approx. 7 yd)

The radius of the sprinkler is approximately 7 yards.

To learn more on circle areas: https://brainly.com/question/3683465

#SPJ1

Determine if the conclusion follows logically from the premises. Is this a valid or invalid argument? Premise: No loving persons are thoughtless persons. Premise: No loving persons are aggressive people. Conclusion: No aggressive people are thoughtless persons.

Answers

"Premise: No loving persons are thoughtless persons. Premise: No loving persons are aggressive people. Conclusion: No aggressive people are thoughtless persons." This is a Valid Argument

This is further explained below.

What is a Valid Argument?

Generally, In the context of deductive reasoning, an argument is considered to be sound if and only if it can be expressed in a way that makes it logically impossible for all of the premises to be true while still leading to an incorrect conclusion.

In conclusion, This is a Valid Argument

Read more about Valid Argument

https://brainly.com/question/5756468

#SPJ1

what is the value of x?!?
please help!

Answers

Answer:

  x = 25

Step-by-step explanation:

The given angles, x° and (6x+5)° form a linear pair. You want the value of x.

Linear pair

Two angles that together form a straight line are called a linear pair. A linear pair of angles has a total measure of 180°.

  x° +(6x +5)° = 180°

  7x +5 = 180 . . . . . . . . . divide by °, collect terms

  7x = 175 . . . . . . . . . . subtract 5

  x = 25 . . . . . . . . . . divide by 7

The value of x is 25.

A cookie recipe requires 4 2/3 cups of flour. If a person only wanted to make 3/4 of a batch, how many cups of flour would they need? (Do not add the label)

Answers

[tex]\begin{array}{ccll} \stackrel{recipe}{batch}&\stackrel{recipe}{flour}\\ \cline{1-2} 1&4\frac{2}{3}\\[1em] \frac{3}{4}&f \end{array}\implies \cfrac{1}{ ~~ \frac{3}{4}~~ }~~ = ~~\cfrac{ ~~ 4\frac{2}{3} ~~ }{f}\implies \cfrac{4}{3}~~ = ~~\cfrac{ ~~ \frac{4\cdot 3+2}{3}~~ }{f}\implies \cfrac{4}{3}=\cfrac{ ~~ \frac{14}{3} ~~ }{f} \\\\\\ \cfrac{4}{3}=\cfrac{14}{3f}\implies 12f=42\implies f=\cfrac{42}{12}\implies f=\cfrac{7}{2}\implies f=3\frac{1}{2}[/tex]

A 17 foot ladder is leaning on a wall. the bottom of the ladder on the ground is at a distance of 3 feet from the base of the wall.


What is the distance, in feet, between the griund and the top of the ladder? round your answer to the nearest tenth

Answers

The distance in feet between the ground and the top of the ladder  is 16.7 feet.

Let the distance in feet between the ground and the top of the ladder be x.

According to the given question.

Length of the ladder = 17 foot

The distance of the ladder from the base of the wall is 3 feet.

From the given data we can say that we have a right angle triangle in which the hypotenuse is the length of the ladder, base is the distance between the ladder and wall. And the distance between ground and ladder is our perpendicular.

Now according to the Pythagoras theorem,the sum of the areas of the two squares on the legs (a and b) equals the area of the square on the hypotenuse (c).

Therefore,

17^2 = 3^2 + x^2

⇒ 289 = 9 + x^2

⇒ 280 = x^2

⇒ x = 16.7 feet

Hence, the distance in feet between the ground and the top of the ladder  is 16.7 feet.

Find out more inofrmation about distance here:

https://brainly.com/question/16070200

#SPJ1

how can you make the equation true?
111+222=

Answers

Answer: 111 + 222 = 333

Hello! I'd really appreciate it if someone helped me solve this logarithm! It was my first class but the professor only showed the more simple versions :)​

Answers

Answer:

  (1/3)log(5) +(4/3)log(x) +log(y)

Step-by-step explanation:

You want the expanded form of the expression log(∛5·x^4·y^3).

Rules of logarithms

The applicable rules of logarithms are ...

  log(ab) = log(a) + log(b)

  log(a^b) = b·log(a)

In addition to these, you need to know that a root is a fractional power: the cube root is the 1/3 power. Of course, the rules of powers tell you ...

  (a^b)^c = a^(bc)

Application

You can express the root as a fractional power before or after taking logs. Either way, you get the same result.

Before

  [tex]\log\left(\sqrt[3]{5\cdot x^4y^3}\right)=\log\left(5^{\frac{1}{3}}\cdot x^{\frac{4}{3}}y^{\frac{3}{3}}\right)=\boxed{\dfrac{1}{3}\log(5)+\dfrac{4}{3}\log(x)+\log(y)}[/tex]

After

  [tex]\log\left(\sqrt[3]{5\cdot x^4y^3}\right)=\dfrac{1}{3}\log\left(5}\cdot x^{4}y^{3}}\right)=\dfrac{1}{3}\left(\log(5)+4\log(x)+3\log(y)\right)\\\\=\boxed{\dfrac{1}{3}\log(5)+\dfrac{4}{3}\log(x)+\log(y)}[/tex]

__

Additional comment

Working a more complex problem is like working a simple problem, except it has more parts and may require the use of the rules more times. It may be tedious to keep track of all the parts, but it is not difficult.

In the diagram m∠ACB=25° and CE bisects ∠DCF. explain how to find m∠DCE​

Answers

The measure of ∠ DCE is equal to 57.5° by using the property of bisectors and vertically opposite angles.

We are given a ray diagram.

In the diagram, the measure of angles are given as:

∠ ACB = 25°

∠ ACG = 90°

We need to find the measure of angle ∠ DCE​ when CE bisects ∠ DCEF.

Now, we know that:

∠ BCG = ∠ DCF ( Vertically opposite angles.)      … (1)

Now,

∠ BCG = ∠ ACB + ∠ ACG

∠ BCG = 25° + 90°

∠ BCG = 115°     … (2)

∠ DCF = ∠ DCE + ∠ CEF

∠ DCF = ∠ DCE + ∠DCE ( as ∠ DCE = ∠ CEF since CE bisects them)

∠ DCF = 2 ∠ DCE   … (3)

Now, put (2) and (3) in (1), we get that:

115° = 2 ∠ DCE

∠ DCE = 115 / 2°

∠ DCE = 57.5°

Therefore, we get that, the measure of ∠ DCE is equal to 57.5° by using the property of bisectors and vertically opposite angles.

Learn more about vertically opposite angles here:

https://brainly.com/question/68367

#SPJ9

Robert buys last year's best-selling novel, in hardcover, for $22.40. This is with a 20% discount from the original price. What was the original price of the novel?

Answers

Answer:

$28.00

Step-by-step explanation:

Set up an equation:

$22.40 = y(1 - 0.20)

Solve the contents of the parentheses first:

$22.40 = y(0.80)

Divide by 0.80 on both sides to isolate y:

($22.40)/0.80 = y

Solve:

$22.40 / 0.80 = $28.00

​"The unemployment rate has risen more than a percentage point to 8.9​% in February from 7.1% last​ November." What is the relative change in the unemployment rate expressed as a​ percentage?

Answers

If the  unemployment rate has risen more than a percentage point to 8.9​% in February from 7.1% last​ November, then the relative change in the unemployment rate expressed as a  percentage is 25.35%

Given,

The unemployment rate in February = 8.9%

The unemployment rate in November = 7.1%

The relative change in unemployment rate = [(unemployment rate in February - unemployment rate in November )÷ unemployment rate in November ] ×100

The relative change in unemployment rate= [tex](\frac{8.9-7.1}{7.1} )100[/tex]

=25.35%

Hence, If the  unemployment rate has risen more than a percentage point to 8.9​% in February from 7.1% last​ November, then the relative change in the unemployment rate expressed as a  percentage is 25.35%

Learn more about relative change here

brainly.com/question/14537046

#SPJ1

Find rules for the tables below. State your rules in two different ways: (1) as a sentence; and (2) as a rule, using x for the input and y for the output. a. X 6 0 2 -3 1 Process y -3 9 -21 3 33 Rule: (1) X and Topic 3: Foundations of Y are Linear (2) relationship Y = 6x=3​

Answers

Answer:6x+3

Step-by-step explanation:

pls help 50 if corrret

Answers

The answer to the question is -4.2

Answer:

-4.2

Step-by-step explanation:

Check the attached photo for work.

It takes 3 people 4 hours to paint a wall. Assume that all people paint at the same rate. How long would it take 5 people to paint the same wall?

Answers

4 because there all working at the same rate

Answer:

2 [tex]\frac{2}{5}[/tex] hours or 2.4 hours or 2 hours and 24 minutes

Step-by-step explanation:

Use the number line to answer the following 2 questions

Answers

Answer:

for first question the answer will be .. 5

Step-by-step explanation:

easily,

[tex] \frac{1}{5} \times 5 = 1 [/tex]

There are [tex]6\frac{1}{4}[/tex] groups of 1/5 in 5.

The simplified value of  5 ÷ 4/5 is also [tex]6\frac{1}{4}[/tex].

What is a number line?

A number line is a one-dimensional horizontal line where we can represent any real number. The origin of the number line is represented by zero left to it are all negative real numbers and right to it are all positive real numbers.

From the bar given above the number line, each group has subgroups of 4.

Therefore, The number of groups of (1/5) in 5 is [tex]6\frac{1}{4}[/tex] groups.

We know when a fraction is in the division we can reciprocate the fraction and the division changes to multiplication,

Therefore, 5 ÷ 4/5 = 5×5/4 = 25/4 = [tex]6\frac{1}{4}[/tex]

learn more about number line here :

https://brainly.com/question/13425491

#SPJ2

Westside Energy charges its electric customers a base rate of $8.00 per month, plus 12¢ per kilowatt-hour (kWh) for the first 300 kWh used and 4¢ per kWh for all usage over 300 kWh. Suppose a customer uses x kWh of electricity in one month. Express the monthly cost E as a piecewise defined function of x. (Assume E is measured in dollars.)

Answers

The linear function that gives the monthly cost E for x > 300 is given by:

E(x) = 44 + 0.04x.

What is a linear function?

A linear function is modeled by:

y = mx + b

In which:

m is the slope, which is the rate of change, that is, by how much y changes when x changes by 1.b is the y-intercept, which is the value of y when x = 0, and can also be interpreted as the initial value of the function.

When x > 300, we have that:

The base rate of $8.00 was paid.The 12 cents for each kWh up to 300 was paid.

Hence the intercept is given by:

b = 8 + 0.12 x 300 = 44.

The slope is the cost per kWh of 4 cents, hence the function is:

E(x) = 44 + 0.04x.

More can be learned about linear functions at https://brainly.com/question/24808124

#SPJ1

An average middle-income family will spend $242,020 to raise a child born in 2004
from birth to age 17. The graph shows the percents spent for various categories. To
the nearest dollar, how much will be spent to provide housing for the child? Use the
graph to answer.

graph numbers-- housing 34%, food 17%, miscellaneous 11%, child care 11%, health care 7%, clothing 6%, transportation 14%

Answers

Answer:  $82,287

Work Shown:

34% of $242,020 = 0.34*242020 = 82,286.80

This rounds to 82,287 when rounding to the nearest whole number.

Please help
(100 Points)

Answers

This might help ……..

Answer:

Equation: (14.71-4.48) [divided by] 3 =x

"Answer x": 3.41

Explanation:

14.71-4.48=10.23

10.23/3 = 3.41

3.41

PLEASE HELP FAST I ONLY HAVE ONE HOUR!!!!!!

Answers

The height of the density curve is 1/5

How to determine the height of the density curve?

From the graph, we have the following parameter

Base = 5 units

As a general rule, the area under the density curve must have a value of 1

This means that

Area = 1

So, we have

Area = Base * Height

So, we have

1 = 5 * Height

Evaluate

Height = 1/5

Hence, the height of the density curve is 1/5

Read more about density curve at

https://brainly.com/question/25334760

#SPJ1

The probability of passing the math class of Professor Goodrum is 59%, the probability of passing Professor Cruise's physics
class is 26%, and the probability of passing both is 17%. What is the probability of passing one or the other?
(Give your answer as a whole percent number.)
probability of passing one or the other:

Answers

Answer:

  51%

Step-by-step explanation:

Given P(passing math) = 59%, P(passing physics) = 26%, and P(passing both) = 17%, you want to find the probability of passing only one of the courses.

Probability relations

We can record the given probabilities in a 2-way table (values shown in blue). The table is completed by making sure the totals add up (values shown in black).

The probability of passing one course and failing the other is the sum of the probabilities with a yellow background:

  42% +9% = 51%

The probability of passing one or the other is 51%.

__

Additional comment

We can also get there using the relation ...

  P(A+B) = P(A) +P(B) -P(AB)

The union of A and B also includes their overlap:

  P(A+B) = P(AB') +P(A'B) +P(AB)

In other words, the probability of interest is ...

  P(AB') +P(A'B) = P(A) +P(B) -2×P(AB) = 59% +26% -2(17%)

  P(AB') +P(A'B) = 51%

I am stuglling please someone help me

Answers

76 degrees n 83 degrees it's div

30 points!!! But I need a 2 step problem with variables on both side and a fraction that equal 23

Answers

The equation of the two-step problem is 2x = x + 2/3

How to determine the two-step problem?

The conditions are given as

Fraction = 2/3Variable on both sides

Let the variable in the equation be x

So, a possible equation is as follows

2x = x + 2/3

The solution to the equation is as follows

2x = x + 2/3

Subtract x from both sides

x = 2/3

Hence, the equation of the two-step problem is 2x = x + 2/3

Read more about equations at

https://brainly.com/question/2972832

#SPJ1

What is the equation of a line through the points (0, 9) and (3, 0)?
0-9
3-0 y=-3x + 9
Obecause m=
Obecause m=
Obecause m=
O because m=
0-9
3-0 y=-3x + 3
3-0
0-9;y=-
y=-x+9
3-0
1
0-9; X=-3x+3

Answers

[tex](\stackrel{x_1}{0}~,~\stackrel{y_1}{9})\qquad (\stackrel{x_2}{3}~,~\stackrel{y_2}{0}) ~\hfill \stackrel{slope}{m}\implies \cfrac{\stackrel{rise} {\stackrel{y_2}{0}-\stackrel{y1}{9}}}{\underset{run} {\underset{x_2}{3}-\underset{x_1}{0}}} \implies \cfrac{ -9 }{ 3 }\implies -3 \\\\\\ \begin{array}{|c|ll} \cline{1-1} \textit{point-slope form}\\ \cline{1-1} \\ y-y_1=m(x-x_1) \\\\ \cline{1-1} \end{array}\implies y-\stackrel{y_1}{9}=\stackrel{m}{-3}(x-\stackrel{x_1}{0}) \\\\\\ y-9=-3x\implies y=-3x+9[/tex]

During a science experiment Mary found the mass of two rocks to be 36.81 grams and 52.4 grams what is the total mass of these two rocks

Answers

Answer: 89.21g

Step-by-step explanation:

36.81g + 52.40g = 89.21g

HURRY IM TIMED Which benchmark fraction is closest to 9/10-3/10 A. 3/4 B. 1/2 C. 1/4 D. 4/4​

Answers

Answer:

I am pretty sure it is a i think.

Step-by-step explanation:

just subtract the fractions and you will get 6\10 and the you will simplify and get 3\5. so 3\4 is closest to 3\5.

HELP QUICK I WILL GIVE BRAINLIEST ANSWER! In the diagram, line m intersects line n. A two-column proof shows that vertical angles 21 and 23 are
congruent. What should be the statement and justification for step 3?

Answers

Answer:

Option A

=============================

The missing statement is:

∠1 + ∠2 = 180°∠2 + ∠3 = 180°

Justification is:

Angles that form a linear pair have measures that sum to 180°.

All the other options have mismatching or wrong statements or justifications:

B) Wrong statement, the angles are not congruent.C) Wrong justification, angles are not vertical.D) Wrong justification, not matching the statement.
Other Questions
What two variables are involved in this problem? Which variable can best be designated as the dependent variable? As the independent variable? a. Independent variable - amount of depreciation per year; Dependent variable - number of years you own the truck. b. Independent variable - value of the truck; Dependent variable - amount of depreciation per year. c. Independent variable - number of years you own the truck; Dependent variable - value of the truck. d. Independent variable - value of the truck; Dependent variable - number of years you own the truck. a client with schizophrenia is exhibiting positive and negative symptoms. the nurse anticipates that the client would be prescribed what? ist the two categories from gardners multiple intelligences that best reflect your learning style. explain your selections. I will AWard Brainlist!! Please Help its A Math Problem !! Find the length of P. 25 POINTS PLEASE HELP An atom of a certain element has 36 proton,36 electrons and a mass number of 84.at room temperature this element is a very stable gas.how many neutrons are in this atom Perform the following operations and express the answers in scientific notation: SHOW YOUR WORK1) (1.2 * 10^5) + (5.35*10^6)2) (6.91*10^-2) + (2.4* 10^-3)3) (9.70*10^6) + (8.3*10^5) Indium oxide contains 4.784 g of indium for every 1.000 g ofoxygen. In 1869, when Mendeleev first presented his versionof the periodic table, he proposed the formula In2O3 for indium oxide. Before that time it was thought that the formula was InO. What values for the atomic mass of indium are obtained using these two formulas? Assume that oxygen has an atomic mass of 16.00 Harriet Tubman: Conductor on the Underground Railroad. her risking her life Describe the Basic Structure of the U.S. Constitution. 1 paragraph SOMEONE PLEASEE *URGENT** Sequencing and FlowchartingTry writing out the sequence of events for one of the simple instructive processes below:1. Drawing a square on a piece of 8 x 11 paper.2. Moving from your 2nd-period class to your 3rd-period class.3. Adding a new contact to your list of cell phone contacts.Now, create a flowchart that outlines how to complete your chosen sequence of events. You may wish to reference these common flowchart symbols as you work.Submit1) In the text box: Your sequence of events written out.2) A file image of your flowchart outlining that sequence of events. Find the circumference and area of circle X if each unit on the graph measures 1 centimeter. Round answers to thenearest tenth, if necessary. Which of the following is sign of good word choice? The answer is B. When the first big earthquake hits los angeles, where does professor hayes want everyone to seek shelter?. What is the solution set of this inequality?-8-1> 3z + 14 A patient is undergoing a pericardiocentesis. following withdrawal of pericardial fluid, which assessment by the nurse indicates that cardiac tamponade has been relieved if you're finding it very difficult to combine all your work and personal gathering points, should you keep trying? Jordan has been experiencing flu-like symptoms and joint pain. After negative covid-19 and flu tests, jordan recalls that his leg was inflamed after hiking a few weeks ago. A skin biopsy sample reveals bacteria with extremely narrow, flexible, spiral cells. The cells have a thick sheath, beneath which rotary internal periplasmic flagella embedded in the cell membrane allow the cells to twist in a corkscrew motion. What disease may jordan have?. The furniture was designed to go a top speed of 87.0mph. How far would this sofa travel to the mall 1.00 hour away? I will mark you the brainliest! )Heritage language learners may have different speech patterns than those who do not have a heritage language. Write 3-5 complete sentences about these speech patterns and how they affect a heritage language learner's ability to verbally communicate in English.( I will write your answer in my own words )