Brady Logistics purchased a 30% equity interest in Belichick Delivery for $1,000,000 at the beginning of Year 1. During Year 1, Belichick declared $900,000 in net income and paid $400,000 in dividends. At what amount will Brady report the INVESTMENT in Belichick at the end of Year 1?

a. $1,150,000
b. $1,270,000
c. $1,120,000
d. $1,000,000

a. $1,150,000

Business

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Issues addressed in an LLC operating agreement include all but which of the following?

A) member responsibilities B) voting rights C) management D) articles of incorporation

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While you're interviewing for employment, record ________ in a notebook or simple database about each company

A) contact information for each interviewer B) the status of follow-up communication C) upcoming interview appointments D) all of the above.

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