Answer:
Solution:
Dollar amount of total return = Capital gain distributions + Change in market value
First, we calculate the capital gain distributions
Income and capital gains distribution = ($0.12 + $0.22) x 130 shares
Income and capital gains distribution = $44.2
Now, we calculate the change in market value
Change in market value = Sales Price - Purchase price
Change in market value = 130 x $24 - 130 x $27
Change in market value = -$390
Therefore,
Dollar amount of total return = $44.2 + (-$390)
Dollar amount of total return = -$345.80
Answer:
e. $6.0 million
Explanation:
The computation of the total value of the firm is shown below:
The Value of the firm is
= Amount borrowed ÷ ownership percentage
= $1,500,000 ÷ 0.25
= $6,000,000
Hence, the total value of the firm is $6,000,000
Therefore the correct option is e.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
$31,000
Explanation:
decrease in accounts receivable = $1,000
Sales = $30,000
Cash collected from customers = Sales plus decrease in accounts receivables
= $30,000 + $1000
= $31,000
The decrease in account receivables represents the collection of cash from a customer. If sales amount to $30,000, all must have been collected in cash hence no amount was outstanding to increase receivables. Hence the addition of the two items gives the cash collected from customers.
Answer: <u><em>C. Using predetermined totals to control posting routines.</em></u>
Explanation: A regulation total if developed for the agreement to be posted, then it should be set side by side with total of items posted to personal accounts. Therefore, The most adequate way to avert this kind of error is by applying predetermined totals to control stating the daily cycle.
<u><em>Therefore, the correct option in this case is (c)</em></u>
Sarah can best be labeled as living in <u>"relative"</u> poverty.
Relative poverty is the condition in which individuals do not have the base measure of salary required with a specific end goal to keep up the normal way of life in the general public in which they live. Relative neediness is viewed as the least demanding approach to quantify the level of destitution in an individual nation. Relative destitution is characterized with respect to the individuals from a general public and, in this manner, varies crosswise over nations. Individuals are said to be devastated on the off chance that they can't stay aware of the way of life as dictated by society.
