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Murrr4er [49]
3 years ago
10

What is capitol gain?

Business
1 answer:
Triss [41]3 years ago
5 0

Explanation:

  • It is the amount of profit gained by the organization by selling the stock, bond or other real estates.
  • If the value of selling price is higher than the cost price then it means that the capital gain is achieved.
  • The gain amount is calculated by subtracting the higher selling price with the lowest cost price
  • Example of capital assets are: mutual fund, stock, house, land, etc
  • If you achieve a capital gain, then you need to pay tax for it.
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Mike is saving his emergency funds in an IRA account. Is his strategy a good one? Select the best answer from the choices provid
alexandr402 [8]

The answer to your question is:

- A. Yes, because IRAs have tax advantages over regular bank accounts.

4 0
3 years ago
Which of the following is not an example of safeguarding inventory? a.storing inventory in restricted areas b.returning inventor
Katen [24]

Answer: Option B

       

Explanation: Safeguarding inventory refers to keeping proper records of inventory and protecting it from any kind of damage that may result in loss to the organisation.

The main objective behind safeguarding inventory is to minimize loss of the organisation that is keeping it.

In the given case, second option is the purchase return and it could not be considered a default of the purchaser of inventory.

Hence from the above we can conclude that the correct option is B.

8 0
3 years ago
If $1000 is invested at 6% interest, compounded annually, then after n years the investment is worth an
Temka [501]

Answer:

Results are below.

Explanation:

Giving the following information:

Initial investment= $1,000

Annual interest rate= 6% = 0.06

Number of periods= n

<u>To calculate the future value after "n" periods, we need to use the following formula:</u>

FV= PV*(1+i)^n

<u>For example:</u>

n= 6 years

FV= 1,000*(1.06^6)

FV= $1,418.52

6 0
2 years ago
Nonprofit organizations face __________ regulations when compared to the requirements of for-profit businesses.
guajiro [1.7K]

Answer:

b more

Explanation:

because non profits receive better benefits from the government so they have to follow stricter regulations

8 0
3 years ago
Read 2 more answers
On December 31, Lowland, Inc., converts its $900,000 par value bonds (carrying value also $900,000) into 90,000 shares of $6 par
Alexeev081 [22]

Answer:

Lowland, Inc., entry to record this conversion includes a

Dr Bonds Payable $900,000

Cr Common Stock $540,000

( 90,000 shares x $6 par value per share)

Cr Paid-In Capital in Excess of Par Value $360,000

($900,000 -$540,000)

Explanation:

Since Lowland, Inc. converted its $900,000 par value bonds and carrying value also $900,000) into 90,000 shares of $6 par value common stock which means we have to Debit Bonds Payable with $900,000 and Credit Common Stock with $540,000 which is

( 90,000 shares x $6 par value per share) , then Credit Paid-In Capital in Excess of Par Value for $360,000 which is ( value of bonds converted of $900,000 - par value of shares of common stock issued of $540,000).

5 0
3 years ago
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