On january 1, 2018, green corporation purchased 34% of the outstanding voting common stock of gold company for $300,850. the book value of the acquired shares was $275,200. the excess of cost over book value is attributable to an intangible asset on gold's books that was undervalued and had a remaining useful life of five years. for the year ended december 31, 2018, gold reported net income of $125,150 and paid cash dividends of $25,450. what is the carrying value of green's investment in gold at december 31, 2018?

Companies in the u. s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct