Answer:
$86.20
Explanation:
Total return from stock = Current price * expected return
Total return from stock = 80*14%
Total return from stock = $11.20
Dividend already realized = $5
Capital gain = $11.20 - $5
Capital gain = $6.20
End of one year price = Beginning price + capital gain
End of one year price = $80 + $6.20
End of one year price = $86.20
Therefore, at the end of one year price is $86.20
Answer:
$420,000 deferred tax asset
Explanation:
Deferred-tax assets are asset that occurred when company's or organization record income tax is less than the one which is been paid to the tax authority.
Taxable income 3,200,000
Less;Income (per books before income taxes) $2,000,000
Total $1,200,000
Therefore
$1,200,000×35%
=$420,000 deferred tax asset.
Cross record should record $420,000 as a net deferred tax asset or liability for the year ended December 31, 2018
The law and order at the city center after 9 p.m is to ensure a safe and secure city for the occupants.
<h3>What is a
law and order?</h3>
This refers to a situation where the laws of a country are being obeyed and been enforced on the citizens by the police or army.
In the city centers, the law and order are intended to ensures orderliness and a crime free society, hence, the police could order a curfew at 9pm in order to have a secure control of the city.
Read more about law
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Answer:
C. include a credit to the equipment accumulated depreciation account.
Explanation:
Since Lamar Printing Company determines that a printing press used in its operations has suffered a permanent impairment in value because of technological changes. An entry to record the impairment should include a credit to the equipment accumulated depreciation account.
In Accounting, Depreciation can be defined as the decrease in the value of an asset (factory equipment, logistics tools etc) as a result of wear or tear, within a specific period of time. Depreciation is used for the allocation of cost to tangible assets with respect to its life expentency or within its useful life.
Encouraging private ownership, protecting and encouraging competition, enforcing contracts, and keeping business cost low.
