Hi there
1,000÷0.20
=5,000
5,000−1,000
=4,000....Answer (this is the total amount of money can be created)
Hope it helps
Answer: B. The investor has a short-term capital loss of $20,000.
Explanation:
A short-term loss occurs when a deficit is realized when there's a sale of an asset which has been held by the person for a period of one year or less.
In this case, since the security was worthless, it's a loss and was also help for six months which is less than one year, then it's a short term capital loss.
Therefore, the correct option is B
Answer:
is that reservation is the act of reserving, withholding or keeping back while installment is the act of installing; installation or installment can be a portion of a debt, or sum of money, which is divided into portions that are made payable at different times payment by installment is payment by parts at different
Answer:
Manufacturing overhead was over-applied by $15,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $274,000
Explanation:
Under / over applied manufacturing overhead = Applied Manufacturing overhead - Actual Manufacturing overhead
Over-applied manufacturing overhead = $74,000 - $59,000
Over-applied manufacturing overhead = $15,000
Cost of Goods Sold = $289,000 - $15,000 = $274,000
Manufacturing overhead are over-applied by $15,000 and cost of goods sold is $274,000.
Business wise you’d keep covering it up, morally you’d expose the truth and stop it. Although you could anonymously release it to the press without any traces it came from you.
