Percentage is a ratio of a unit of an outcome in an event divided to the total sample times 100%. It means parts per hundred. To calculate, we get the ratio of the people who liked the choices and the total sample then multiply by 100. We calculate as follows:
Percent = 140/250 x100 = 56%
Answer:
=$854,000
Explanation:
The cost of goods sold is the expense incurred by a manufacturing firm when making goods to be sold to customers. It is calculated using the formula.
Cost of goods sold = Beginning Stock plus purchases/ cost of goods manufactured minus ending stock
Marigold Corp:
Beginning stock: $162,000
Ending stock: $174,000
cost of goods manufactured, $866000;
cost of goods sold =
$162,000 + 866,000 -$174,000
=$854,000
Answer and Explanation:
The Residential properties are depreciated over 27.5 years
Then:
The total amount of depreciation is $15,635. We assume that the property is sold in 2015.
Therefore, depreciation will be allowed only for 5 years such that the annual depreciation will be $3127 for 5 years.
He saves $781.75 annually (0.25*$3127).
If he holds the property for 5 years and then sells it, his 5 years' worth of depreciation will have saved him $3908.75 and it a $10,000 gain taxed at a maximum of 15%
$10,000 gain taxed at a maximum of 25% (or 33% if the gain pushes the taxpayer into a higher tax bracket).
$10,000 gain taxed at a maximum of 25%
Answer:
The Journal entry is as follows:
Land A/c Dr. $400,850
To Cash A/c $100,850
To Notes payable $300,000
(To record purchase of land with cash and notes payable)
Workings:
Purchase price of land = $392,000
Total cost of land:
= Purchase price of land + Property taxes + Title insurance + Removal of building
= $392,000 + $2,100 + $950 + $5,800
= $400,850
Artists often use WATERCOLORS to create small and intimate works because the paints are easy to carry and only requires a glass of water. Watercolor is made up of pigment in a vehicle of water and gum Arabic, which is a sticky plant substance that acts as the binder. The most common support for watercolor is paper. Watercolors could readily be taken on outdoor sketching expeditions and are particularly preferred by amateur artists.<span />
