In january 2017, domingo, inc., acquired 20 percent of the outstanding common stock of martes, inc., for $860,000. this investment gave domingo the ability to exercise significant influence over martes, whose balance sheet on that date showed total assets of $4,486,000 with liabilities of $976,000. any excess of cost over book value of the investment was attributed to a patent having a remaining useful life of 10 years. in 2017, martes reported net income of $182,000. in 2018, martes reported net income of $236,000. dividends of $116,000 were declared in each of these two years. what is the equity method balance of domingo’s investment in martes, inc., at december 31, 2018?

Upscale hotels in the united states recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. a survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the internet and the telephone, to transact business. assume a company's budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. graphically illustrate how a 20 percent decline in the price of business travel would impact this company's budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. is the company allocating resources efficiently? explain.

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?

In macroeconomics, to study the aggregate means to study blank