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mrs_skeptik [129]
1 year ago
10

when a bond is purchased for an investment, the purchase price, minus the brokerage commission, plus any accrued interest is rec

orded. true false
Business
1 answer:
SVETLANKA909090 [29]1 year ago
3 0

The answer is true. Investments are financial commitments made to acquire assets in the hopes that their value would rise over time. Investment necessitates the loss of a current resource, such as time, money, or effort.

In the world of finance, investing is done in order to profit from the asset being put to use. A gain (profit) or loss realised through the sale of a home or investment, unrealized capital value (or loss), investment income like dividends, interest, or rental income, or a mix of capital gain and income may all be included in the return. The return may also include foreign exchange profits or losses.

To learn more about Investments, click here.

brainly.com/question/15353704

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What do you call an agreement made between different companies to charge the same amount for products?
aliya0001 [1]
The agreement made between different companies to charge the same amount for products or to not sell the products below a fixed price is known as <u>price-fixing.</u><u />

5 0
3 years ago
Read 2 more answers
When pay is made public, people evaluate how equitable their pay is in light of the pay other people are receiving. The problem
Hunter-Best [27]

Answer:

A , C, D

Explanation:

Answers:

A: Try to convince the coach to give them more money

C: Quit the Team

D: Attend fewer practices

6 0
3 years ago
Pam Erickson Construction Company changed from the completed-contract to the percentage-of-completion method of accounting for l
Brilliant_brown [7]

Answer:

a. $478,450

b.Dr Construction in Process $165,500

Cr  Deferred tax liability  $49,650

Cr   Retained earnings  $115,850

Explanation:

A. Calculation for the amount of net income that would be reported in 2015 for Pam Erickson Construction Company

Using this formula

Net income =(Income before income tax ) Income before income tax-Tax rate

Let plug in the formula

Net income= $683,500 - (683,500 × 30%)

Net income= $683,500 - $205,050

Net income= $478,450

B. Preparation of the Journal entry(ies) that are necessary to adjust the accounting records

For Pam Erickson Construction Company

Dr Construction in Process $165,500

Cr  Deferred tax liability  $49,650

($165,500 × 30%)

Cr   Retained earnings  $115,850

($165,500 × (100%-30%)

5 0
3 years ago
Gramps purchased a joint survivor annuity that pays $500 monthly over his remaining life and that of his wife, Gram. Gramps is 7
Bezzdna [24]

Answer:

$150

Explanation:

Calculation of how much income that Gramps will recognize on the first payment.

Since joint survivor annuity has 23.1 as the annual return multiple .

Calculation for Expected return

Expected return =Annual payment *Return multiple

($500*12) =$6,000

$6,000×23.1

=$138,600

Therefore :

$97,020/$138,600

=0.7×100

=70%

The 70% of each of the payment will be the return of capital while the 30%(100%-70%) will be the income.

Hence the first payment be:

30%×500

=$150

Therefore the amount of income that Gramps will recognize on the first payment will be $150

6 0
3 years ago
Commenced business with cash of Rs 20,000 and Goods worth Rs 25,000​
nevsk [136]

Explanation:

\sf \green{25000 - 20000 = \longrightarrow 5000}

7 0
2 years ago
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