Answer: See explanation
Explanation:
a. This occurs when a person's income exceeds his consumption. - This is savings.
b. This occurs when a person or firm purchases new capital. - This is investment.
1. You use your $200 paycheck to buy stock in AT&T. - This is savings since the money isn't used to make a capital purchase for ones business.
2. You borrow $1,000 from a bank to buy a car to use in your pizza delivery business. - This is investment as the car will be used for ones business. The consumption is made to help the business.
3. Your family takes out a mortgage and buys a new house. - This is investment as a new capital is bought.
4. Your roommate earns $100 and deposits it in his account at a bank. - This is savings as no consumption is involved.
Answer:
$510 is costs assigned to ending inventory
Explanation:
According to Last-In- First-Out method of inventory valuation , items of stock received last is sold first.
As a result, the sale of 390 units on January 26 is from the purchases of 25 January (110 units), January 9 (80 units) and 200 units from the purchase made on January 1st.
Above all, closing inventory is items bought on January 1st.
Value of closing inventory=150*$3.40=$510
Complete question:
On January 1. Year 1. White Co. sold a property with a remaining useful life of 20 years to Blue Co. for $900.000. At the same time. White entered into a contract with Blue for the right to use the property (leaseback) for a period of 6 years. with annual rental payments of 580.000 that approximate the market rental payments for similar properties. On January 1. Year 1. the carrying amount of the property was 5680.000. and its fair value was 5770.000. A discount rate for the lease of 10% is used by both White and Blue. The present value factor for an ordinary annuity at 10% for 6 periods is 4.3553. The lease does not transfer the property to White at the end of the lease term and does not include a purchase option.
What amount of lease expense for the right of use of the property is recognised by White in Year 1 ?
A. $0
B. $130,000
C. $90,000
D. $220,000
Answer:
$90,000 amount of lease expense for the right of use of the property is recognised by White in Year 1
Explanation:
If the leaseback is known as an operating lease, the original transition to the buyer-lessor of the asset should be taken into account as the selling of an asset, given that all the income identification requirements have been fulfilled.
If the deal is of equal value, the lender lease is informed of the gain or loss of sale between the purchase price and the sum of the land that is held. Yet this is not a equal value trade. The property's sale price is higher than its market value. Accordingly, the income or loss on sale seems to be the difference between the equal worth and the value of the land.
Therefore, on 1 January, White records a benefit of $90,000 in revenue of $770,000 (fair value of $680,000 in carrying amounts)
Answer:
The correct answer to the following question will be "decide whether a public issue is fairly priced
".
Explanation:
- SEC seems to be an autonomous federal department of government responsible for protecting creditors, ensuring the equal and organized operation of financial markets as well as promoting the creation of capital.
- It's being used to control trading in commodities, debt securities and therefore does not determine if the global outrage is legitimate.
So that the above is the right answer.