Answer:
Anderson Co. 3,100 shares at $18 per share
Munter Ltd. 10,200 shares at $57 per share
King Co. 5,600 preferred stock at $42 per stock
a. Prepare the entry for the security sale on January 15, 2021.
- Dr Cash 58,880
- Cr Investment in Anderson Co. stock AFS 52,200
- Cr Realized gain on stock AFS 6,680
b. Prepare the journal entry to record the security purchase on April 17, 2021.
- Dr Investment in Castle's stock AFS 38,160
- Cr Cash 38,160
c. Compute the unrealized gains or losses.
- unrealized gain = $40,800 (gain in Munter) - $11,200 (loss in King) - $13,960 (loss in Castle) = $15,640
d. Prepare the adjusting entry for Vaughn on December 31, 2021.
- Dr Investment in Munter's stock 40,800
- Cr Investment in King's stock 11,200
- Cr Investment in Castle's stock 13,960
- Cr Unrealized gain - other comprehensive income 15,640
Answer:
meal option is cheaper with total cost = $2000 and hall only option is total cost $2700
Explanation:
given data
The meal option = $50 per person.
Hall free = $ 0 per person
total guest = 40
hall-only option = $1,500
external caterer = $30 per person
solution
when we go for meal option than hall free so total cost will be as
total cost = total guest × $50 per person
total cost = 40 × $50
total cost = $2000
and
when we go for hall only option than total cost will be
total cost = total guest × external caterer charge + hall-only option
total cost = 40 × $30 + $1500
total cost = $2700
so
meal option is cheaper with total cost = $2000 and hall only option is total cost $2700
Answer:
The price of the product is $59
Explanation:
Contribution margin is the net of the selling price and variable cost per unit. Contribution margin ratio is the ratio of contribution per unit to selling price per unit. As given below
Contribution margin ratio = Contribution margin per unit / Selling price per unit
23% = $13.57 / Selling price per unit
Selling price per unit = $13.57 / 23% = $59
Out of the over 20,000 that apply only about 2,000 go to Princeton a year!
Answer:
The correct answer would be, Averages/Means, Medians and Modes.
Explanation:
Analyzing the data means that you have a large number of figures that would need to be analyzed. A lot of statistical analysis are present to properly analyze the data. The basic and the most preliminary analysis is to find out the mean, medians and modes of the given data. So when you begin to analyze your data, you should go for finding out the basic statistical methods and then go towards the more complex analysis tools which are present to analyze the data.
