Answer: $70,000
Explanation: Add ending + Beginning
Answer:
Darby Company
a. The amount of interest payable at December 31, 2016 is $100.
b. The amount of interest expense in 2016 is $100.
c. The amount of interest paid in 2016 is $0.
Explanation:
a) Data and Calculations:
Notes Payable to the bank = $3,000
Interest rate = 10%
Period of note = 1 year
Issue date = September 1
Interest on the note = $3,000 * 10% * 4/12 = $100
b) The interest payable in 2016 equals the interest expense for 2016. From the calculations, there is no payment for interest expense in 2016, that is why the interest payable equals the interest expense.
Myra Eber traded 1,800 shares of judd company common stock with a fair market value of $86,000 for 1,000 shares of faro corporation common stock that she had bought for $75,000. This was done in accordance with a corporate restructuring plan that was implemented in year 1. Eber's realised gain and her basis in the judd stock should be $300 as a result of this swap.
The group of people who buy and sell stocks, also known as shares, which stand for ownership holdings in corporations, is referred to as a stock market, sometimes known as an equity market or share market. These securities, such as shares of private companies that are made available to investors through equity crowdfunding platforms, may be listed on a public stock exchange or solely traded privately. An investment plan is typically present when making an investment. Stockbrokers and traders can purchase and sell shares (equity stock), bonds, and other assets on a stock exchange, often known as a bourse. Stocks from numerous big businesses are traded on a stock exchange. This increases the stock liquidity and, as a result, its allure to many investors.
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Physiological, safety, love and belonging, esteem, and self-actualization needs are all important.
Answer:
Hence , product 1 should be allocated the shelf space
Explanation:
<em>Whenever a company is faced with a situation of large shortage in resources, To maximize the use of the resource in short supply the business should allocate the resource to the product that maximizes the contribution per unit of the scare resource.</em>
For example, the resource in short supply here in the question is the shelf space , <em>hence the contribution per shelf should be used to decide how to allocate the available shelf space to the product.</em>
<em>Product 1 gives a contribution per unit of shelf space of $2000 which is higher by $800 that of product 1. </em>
Hence , product 1 should be allocated the shelf space