You could put all the information into sections splitting the information up by lines
Answer: As an investment centre
Explanation:
Based on the question, we are told that Virginia owns an interior design company and hires freelance decorators to help with large jobs and that by doing this, she is able to keep costs low by only employing staff when they are needed. Virginia's company is an investment centre.
An investment center is a business unit that is within an entity that is responsible for its own assets, revenue, and expenses and its financial results will be based on these factors. An investment center focuses on how it will minimize costs.
Answer:
Call option worth = 6
Net profit = 3.7
Explanation:
Call option worth and net profit can be calculated as follows
DATA
Strike price = 65
Premium = 2.30
Selling price = 71
Call option worth =?
Net profit =?
Requirement A: Call option worth
Solution
Call option worth = Selling price - strike price
Call option worth = 71 - 65
Caall option worth = 6
Requirement B Net profit
Solution
Net profit = Selling price - (Strike price + Premium)
Net profit = 71 - (65 + 2.3)
Net profit = 71 -67.3
Net profit = 3.7
Answer:
True
Explanation:
Based on the information given we were told that Martha does not recognize gain or loss on the distribution and takes a:
Basis in the cash of $40,000 which is TRUE because we were told that MMM distributes $40,000 cash to Martha
Basis in the receivables of $10,000 which is TRUE because we were told that she has an outside basis of $50,000 with distributed cash of $40,000 and accrual-basis accounts receivable of $20,000. Therefore the basis in the receivable of $10,000 is calculated as:
Cash $40,000 + Account receivable $20,000=$60,000
Hence,
$60,000- Outside basis $50,000
=$10,000 Basis in the receivable
Answer:
B. $110,000
Explanation:
Calculation for the total stockholders equity
First step is to calculate the Beginning equity
Beginning equity = $120,000 − $40,000
Beginning equity = $80,000.
Now let calculate the stockholders' equity
Stockholders' equity = $80,000 + $30,000
Stockholders' equity = $110,000
Therefore the total stockholders equity will be $110,000
