Answer:
40%
Explanation:
Devana owns 40% of GW Corp. despite having another 40% shares in Alpine Inc. This is as a result of Devana not having up to 50% shares in Alpine Inc.
Without up to 50% shares in Alpine Inc, the shares of Alpine Inc. in GW Corp. cannot be attributed to Devana.
This means that for Devana to own Alpine Inc shares in GW Corp. it has to acquire 10% more in addition to the 40% it already has.
Cheers.
Answer:
Zwick Company's dividend revenue = $56,000
Explanation:
Given:
Shares by Zwick Corporation = 28,000
Handy announced dividend per share = $2
Find:
Zwick Company's dividend revenue
Computation:
Zwick Company's dividend revenue = Shares by Zwick Corporation × Handy announced dividend per share
Zwick Company's dividend revenue = 28,000 × $2
Zwick Company's dividend revenue = $56,000
Answer:
$14, 984
Explanation:
In compound interest, interest earned increases with time. the formula applied in compound interest is
FV = PV × (1+r)n
Where FV is the future vale
PV is the present value of $8,000
r is 8%
n is 8 years
Since interest is compounded twice per year, the number of compounds will be 16( 8 x 2). The applicable interest rate is 0.04%( 8%/12 x 6 months)
FV = $8000 x ( 1 + 0.04)16
FV = $8000 x 1. 872981
Fv = 14, 983.85
Fv = $14, 984
Answer:
B. Aging of accounts receivable
Explanation:
For determining the proper amount that would be included in the allowance for doubtful debts, the aging of account receivable is used because it told that in how many days, the amount would be collected through which the company can estimate its bad debts.
The accounts receivables arise when the business organization serves the goods and services to the customers on a credit basis, not on cash basis.
Hence, the most appropriate option is B.