On january 1, puckett company paid $1.6 million for 50,000 shares of harrison's voting common stock, which represents a 40 percent investment. no allocation to goodwill or other specific account was made. significant influence over harrison is achieved by this acquisition and so puckett applies the equity method. harrison distributed a dividend of $2 per share during the year and reported net income of $560,000. what is the balance in the investment in harrison account found in puckett's financial records as of december 31?

The maximum amount of money that a consumer can charge on a credit card is called the

8. agreement and disagreement among economists suppose that bob, an economist from a university in arizona, and cho, an economist from a public television program, are arguing over saving incentives. the following dialogue shows an excerpt from their debate: cho: i think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. bob: i think a switch from the income tax to a consumption tax would bring growth in living standards. cho: you really think households would change their saving behavior enough in response to this to make a difference? because i don't. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? rent ceilings reduce the quantity and quality of available housing. immigrants receive more in government benefits than they contribute in taxes. having a single income tax rate would improve economic performance.

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false