During january 2017, wells, inc. acquired 30% of the outstanding common stock of wilton co. for $1,400,000. this investment gave wells the ability to exercise significant influence over wilton. wilton’s assets on that date were recorded at $6,400,000 with liabilities of $3,000,000. any excess of cost over book value of wells’ investment was attributed to unrecorded patents having a remaining useful life of ten years. in 2017, wilton reported net income of $600,000. for 2018, wilton reported net income of $750,000. dividends of $200,000 were paid in each of these two years. what was the reported balance of wells’ investment in wilson co. at december 31, 2018?

12.     to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill. student a   incorrect which is correct answer?

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups. b. we cannot infer anything from these data since the distribution of salaries is likely right skewed. c. you cannot draw any valid conclusions because the sample sizes are different. d. more students should complete internships because having an internship produces a higher salary.

Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.