Two sisters is a partnership that owns and operates a farm. during the current year, the partnership raised and harvested hay at a cost of $20,000. it then traded half the hay for quarter horse breeding stock—young horses worth $30,000. two sisters fed the remainder of the hay to the horses, which were worth $50,000 at the end of the year. how much income does the partnership have from these transactions during the current year?

Grant, inc., acquired 30% of south co.’s voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in south’s net assets. grant’s 30% interest in south gave grant the ability to exercise significant influence over south’s operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?

Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies

What should a food worker use to retrieve ice from an ice machine?