The 2018 journal entries for Milani<span> related to its investment in </span>Seida<span> are its share in net income and share in dividends. The investment in considered as investment in associate since there is already the significant influence in </span>Seida. These are the journal entries:
<span>Investment in </span>Seida 12,0000
<span> Share in net income of </span>Seida<span> ($30,000 x 40%) 12,000</span>
#
Cash ($110,000 x 40%) 44,000
<span> Investment in </span>Seida 44,000<span> </span>
<span> #</span>
Answer:
Correct Answer:
C) I and IV
Explanation:
In stock market, any security equal or senior to one listed on the NYSE is a covered security. Because, it is guaranteed by a Federal law. Municipal bonds are a covered security except in their state of issuance.<em> On the other-hand, Pink Sheet and OTC Bulletin Board securities are not considered covered.</em>
Answer:
$8,000
Explanation:
Since Mary is not 59 1/2 years old yet, the distributions she gets from her Roth IRA will be taxed (she only met the 5 year rule). She will have to pay a 10% penalty and income taxes on the earnings that she withdraws.
Mary will have to pay only for the earnings that she withdraws, and luckily for her the contributions are withdrawn first. Mary's earnings = $38,000 - contributions = $38,000 - $30,000 = $8,000
Carlin will pay a total of $45,000 for interests if she buys an $85,000 house.
<h3>What is the interest?</h3>
The interest refers to the amount of money Carlin needs to pay to the bank for the loan.
<h3>How is the interest calculated?</h3>
Total interest: Percentage given of the total loan.
Let's assume Carlin buys an $85,000 house.
- $85,000 - $20,000 (down payment) = $65,000
- $65,000 / 100 x 3.89 = $2528
$2528 would be the annual interest paid for $65,000. However, as Carlin pays her debt the total of money left will decrease and so will do the interest that she pays.
Due to this, the total interest would be approximately $45,000.
Learn mor about interest in: brainly.com/question/2883618
Answer: can you please provide me with some options
Explanation:
No options are listed
