Answer and Explanation:
The consequences of given transactions are as follows
a. Revenues rise by $3.2 million as the firm received an order
b. Earnings rise by $1.5 million as the firm received an order and it filled by an orders i,e ($3.2 - $1.7)
c. Receivables rise by $1.80 million as it determines the remaining balance which ultimately increased the receivable balance
d. Inventory declined by $1.7 million as the order is filled which ultimately declines the stock
e. The cash would rise by $1.4 million
= Earnings - receivable + inventory
= $1.5 million - $1.80 million + $1.7 million
= $1.4 million
Answer:
The correct option is yes,the $15,000 will double each 7.5 years.In 15 years ,it will double twice.
Explanation:
The 72 rule stipulates that the number of years it would take an investment to achieve accumulate a certain amount- future value, can be computed by dividing 72 by the interest rate earns by the investment
N, the number of years=72/9.6
=7.5 years
Invariably,in 7.5 years' when Sally would have been 10.5 years(3 years now+7.5 years) the investment would have doubled.
By another 7.5 years when Sally would have been 18 years(10.5 years +7.5 years), the investment would have doubled twice.
The 72 rule is fast-track approach to calculating the duration of an investment.
Answer:
investment in FedEx = 4410000
Unrealized holding gain = 420000
Explanation:
given data
FedEx common stock = 42,000 shares
market value = $95
market value = $105
to find out
what amount will it be reported in the 2019 balance sheet
solution
we know that It is coming under available for sale security since the shares hold is less than majority of outstanding shares
and here
investment in FedEx =42,000 × 105
investment in FedEx = 4410000
and
Unrealized holding gain is = ( 105 - 95 ) × 42000
Unrealized holding gain = 420000
Answer:
market maven
Explanation:
Market maven -
The term is associated with the person, who has the complete knowledge of the goods and services and the market , is referred to as a market maven.
A market maven has a lot of connection with various people and is very well - versed on the current state of the market , and has some discreet information which a normal person can never get access to .
The very so famous market maven are - George Soros , John Bogle and Warren Buffett.
Hence , from the given scenario of the question,
The correct answer is market maven .
Answer:
a. Dividend
b. $500,000
Explanation:
a. As in the given case, the character of any income or gain recognized is the dividend of $500,000 which eligible him to avail 100% deduction of the dividend amount
b. The reduced amount would be lower of the distributed amount or 50% of Total E&P
Distributed amount is $500,000
And, the 50% of total E&P is = $8,000,000 × 50% = $4,000,000
So, the lesser amount is $500,000 which is reduced its total E&P
