Stocks and bonds each have a different level of risk and behave differently in response to changes in the financial markets. They may also be key ingredients in your mutual funds.
Putting portions of your money into different types of investments could help you in case some of them don’t measure up.
The ending balance of prepaid expense can be calculated using the following formula:
Ending balance = Beginning Balance + Debit entries – Credit Entries
We are given the following information:
Beginning Balance = $240,000
Total Debit entries = $110,000
Total Credit entries = $80,000
Hence,
Ending balance = 240000+110000-80000 = 270,000
The ending balance of prepaid expense shall be <u>$270,000
</u>
Answer:
b.direct materials of $47,248
Direct labor=$57,965
Variable Utilities=8,758
Supervisor salaries $14,600
Explanation:
Computation of flexible budget
FLEXIBLE BUDGET
Direct materials
$41,000/10,500*12,100
Direct materials= $47,248
Direct labor=50,300/10500*12100
Direct labor=$57,965
Variable Utilities
=7600/10500*12100
Variable Utilities=8,758
Supervisor salaries $14,600 Fixed cost
Answer:Because they be bored out of there mind an they don't have any good personality traits such as making money so they rather rotten there mf brain.
Explanation:
Answer:
Explanation:
a. The computation of the adjusted basis for the land and building is shown below:
For land = $100,000
For building = $80,000
b. Gerald's basis for gain:
Gerald's adjusted basis for the land is $100,000
Gerald's adjusted basis for the building is $80,000
Gerald's basis for loss:
Gerald's adjusted basis for the land is $87,000 (fair value)
Gerald's adjusted basis for the building is $65,000 (fair value)
Since all the values are given in the question we simply put them in the correct items
