On june 27, 2021, cara van travel distributed to its common shareholders 400,000 outstanding common shares of its investment in constance noring pillows. the book value on van’s books of noring’s $1 par common stock was $2.00 per share. immediately after the distribution, the market price of noring’s stock was $2.50 per share. in its income statement for the year ended june 30, 2023, what amount should noring report as gain on disposal of the stock (ignore taxes)?

In the 1970s, kmart used blue light specials to encourage customers to flock to a particular department having a temporary sale. a spinning blue light activated for approximately 30 seconds, and then an in-store announcement informed shoppers of the special savings in the specific department. over time, loyal kmart shoppers learned to flock to the department with the spinning blue light before any announcement of special savings occurred. if kmart was employing classical conditioning techniques, what role did the spinning blue light play?

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