Equity method for stock investment on january 4, year 1, ferguson company purchased 480,000 shares of silva company directly from one of the founders for a price of $30 per share. silva has 1,200,000 shares outstanding, including the daniels shares. on july 2, year 1, silva paid $750,000 in total dividends to its shareholders. on december 31, year 1, silva reported a net income of $2,000,000 for the year. ferguson uses the equity method in accounting for its investment in silva. a. provide the ferguson company journal entries for the transactions involving its investment in silva company during year 1. year 1, jan. 4 year 1, july 2 year 1, dec. 31

Which economic indicators are used to measure the global economy? check all that apply. a. purchasing power parity b. trade volumes c. spending power parity d. labor market data e. gross domestic product f. trade deficits and surpluses

Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship

Alandowner and his neighbor purchased adjoining undeveloped lots. after both built homes on their respective lots, the landowner suggested to the neighbor that a common driveway be built where the two lots joined. the neighbor agreed. the landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. the agreement was recorded in the county recorder's office. two years later, the neighbor built a new driveway located entirely on his lot. the common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. the landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. three years later, the neighbor conveyed his lot to a friend. the friend entered into possession and used only the driveway built by the neighbor. by this time, the common driveway had deteriorated badly and contained numerous potholes. the landowner asked the friend to pay half of what it would take to repair the common driveway. the friend refused. the landowner repaired the driveway and sued the friend for 50% of the cost of repairs. will the landowner prevail?