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Ravine Corporation purchased 30 percent ownership of Valley Industries for $90,000 on January 1, 20X6, when Valley had capital stock of $240,000 and retained earnings of $60,000. The following data were reported by the companies for the years 20X6 through 20X9:

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"Your office mate performed a 10% per year Present Worth avaluation of two alternatives before she left on vacation.  Now, your boss wants you to provide the results in Annual Worth terms.  a. Which of the above should be selected on the basis of…

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"Illustrate each of the following events using a demand and supply diagram for bananas. a. Reports surface that imported bananas are infected with a deadly virus. b. Consumers' incomes drop. c. The price of bananas rises. d. The price of oranges falls. e.…

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Redo the company's contribution format income statement assuming that the company sells 1,400 units.

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Five neighborhoods (NB) all want to raise money for a playground for their kids. The neighborhood that raises the most money will be able to choose the name of the park. To raise money, they all decide to have a bake sale and sell cookies (C), cakes (K), and…

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Diversified Industries is a large conglomerate and is continually in the market for new acquisitions.  The company has grown rapidly over the last 10 years through buyouts of medium-size companies.  Diversified does not limit itself to companies in any…

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Document contains an essay which elucidates Why the author wants to go to Medical School?

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Why would a company buy stock? How is it reported on a firm’s financial statement?

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"A firm is evaluating two projects that are mutually exclusive with initial investments and cash flows as follows: A firm has a beta of 1.2. The market return equals 14 percent and the risk-free rate of return equals 6 percent. What is the cost of common…

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The p-value for a test statistic is .085, what is the minimum level of significance required to reject the null hypothesis? a. 0.10 b. 0.05 c. 0.01 d. 0.085

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"Bunyan Lumber, LLC, harvests timber and delivers logs to timber mils for sale.  The company was founded 70 years ago by Pete Bunyan.  The current CEO is Paula Bunyan, the granddaughter of the founder.  The company is currently evaluating a…

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"Consider the following tree diagram: a. Find Pr (E2) b. Find Pr (C3) c. Find Pr (C1/E3) d. Find Pr (E3/P1) e. Find Pr (E2) "