On 1/1/xx, company a purchases 100% of company b for $100,000 cash. on 12/31/xx, company b realizes profit of $20,000 and pays dividends of $5,000. using the act470_mod01-option01.xlsx excel spreadsheet in the module 1 folder, you are to: prepare all required entries for company a associated with the above activities utilizing the equity method. determine the balance in company a’s investment account at the end of the year. highlight the 12/31/xx balance in yellow. submission requirements: clearly identify the requirements being addressed. show all calculations within the cells of an excel spreadsheet. this means that you must use formulas and links so that the thought process can be examined. populating a result, without showing the supporting calculation, will not be sufficient. make good use of comments to convey your thought process as well. no hard coding of solutions. submit a single ms excel file for grading. review the grading rubric following this assignment, to understand how you will be graded on this assignment. reach out to your instructor if you have questions about the assignment.

Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?

Fanning company is considering the addition of a new product to its cosmetics line. the company has three distinctly different options: a skin cream, a bath oil, or a hair coloring gel. relevant information and budgeted annual income statements for each of the products follow. skin cream bath oil color gel budgeted sales in units (a) 110,000 190,000 70,000 expected sales price (b) $8 $4 $11 variable costs per unit (c) $2 $2 $7 income statements sales revenue (a × b) $880,000 $760,000 $770,000 variable costs (a × c) (220,000) (380,000) (490,000) contribution margin 660,000 380,000 280,000 fixed costs (432,000) (240,000) (76,000) net income $228,000 $140,000 $204,000 required: (a) determine the margin of safety as a percentage for each product. (b) prepare revised income statements for each product, assuming a 20 percent increase in the budgeted sales volume. (c) for each product, determine the percentage change in net income that results from the 20 percent increase in sales. (d) assuming that management is pessimistic and risk averse, which product should the company add to its cosmetics line? (e) assuming that management is optimistic and risk aggressive, which product should the company add to its cosmetics line?