Answer 2 questions in the assignment

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Answer 2 questions in the assignment
Answered 2 days AfterMar 17, 2021

Answer To: Answer 2 questions in the assignment

Sugandh answered on Mar 19 2021
151 Votes
Sheet1
    Problem 1                                 Problem 2                        Problem 2
                                PART 1                        PART 2    Cost Method
            A)    P
rofit     Profit             A)    Year 4    Investment Jonvano    $ 146,250.00                      
                $ 151,500.00    $ 117,500.00                    Cash Account        $ 146,250.00        Year 4    Cost Of Investment     $ 146,250.00
                    $ 0.95                                        Balance at the End    $ 146,250.00
                $ 151,500.00    $ 111,625.00    $ 263,125.00    $ 263,125.00        Year 5    Investment Jonvano    $ 123,180.00
                                        Cash Account        $ 123,180.00        Year 5    Balance at Beginning    $ 146,250.00
            B)    $ 600,000.00    $ 554,000.00                                         Cost of Investment     $ 123,180.00
                    $ 415,500.00                                        Balance at End    $ 269,430.00
                    $ 184,500.00                Year 6    Investment Jonvano    $ 63,720.00        
                    $ ...
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