Fisanich Company purchased 35,000 shares of common stock of Pear Corporation as a long-term investment for $700,000. During the year, Pear Corporation reported net income of $300,000 and paid dividends of $100,000.

Fisanich Company purchased 35,000 shares of common stock of Pear Corporation as a long-term investment for $700,000. During the year, Pear Corporation reported net income of $300,000 and paid dividends of $100,000.

Instructions
(a) Assuming that the 35,000 shares represent a 10% interest in Pear Corporation:

1. Prepare the journal entry to record the investment in Pear Corporation stock.

2. Prepare any entries that Fisanich Company should make in accounting for its investment in Pear Corporation stock during the year.

3. What is the balance of the Stock Investments account on Fisanich Company's books at the end of the year?

(b) Repeat requirements (a) 1. 2. and 3. above except assume that the 35,000 shares represent a 20% interest in Pear Corporation.

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1.Select two (2) tech stock companies that attempted to make profits from rising consumer demand after the crash. Analyze how they attempted to make a profit after the crash and discuss any unethical practices.

2.Evaluate the change in consumer demand trends after the crash for each of the tech stock companies you researched. Provide examples with your evaluation and use graphics such as charts, when applicable

3.Discuss at least two (2) strategies that multinational corporations (MNCs) can undertake in order to make profit by leveraging the growing consumer demand.

4.Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources

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