Answer: Steel; A mutual fund; the number of shares of stock sold in a previous day; Capital gains
Explanation:
1. Which example is an investment commodity?
Steel is an example of an investment commodity. A commodity is a raw material that one can purchase and later sell. Of all the examples given, steel is the right answer.
2. Which option allows you to pool your money and invest in a portfolio with other investors?
A mutual fund is a kind of investment whereby the money gotten from the investors is used to invest in bonds, stocks, bonds or any other investment. Mutual fund allows one to pool one's money and invest in a portfolio with other investors.
3. Which piece of information is typically included in a stock listing?
During stock listing, the number of shares of stock sold in a previous day are included.
4. Which type of investment income happens when an investor sells ownership in an equity investment that's gained value?
Capital gain is the profit that is made by a company when a capital asset, such as bond, stock or real estate is sold and the amount that the asset is sold is more than the purchase price.
The investment income that happens when an investor sells ownership in an equity investment that's gained value is capital gains.
Answer:
The closing budgeted cash balance is $51,600,option iv
Explanation:
Ending cash balance is computed below:
Opening cash balance $95,700
Cash receipt from sales $421,500
Budgeted cash disbursements for purchases ($276,500)
Budgeted cash disbursements for salaries ($96,700)
Other budgeted cash expenses ($58,700)
Cash payment of bank loan ($33,700)
Month end cash balance $51,600
The budgeted depreciation expense of $35,700 has no cash implication as it is a mere allocation of asset cost over relevant years .
Ultimately the closing budgeted cash balance is $51,600
Hey there!
an internal accounting system should:
a. provide information to enable costs to be minimized .
I hope this will help !
Answer:
$0
Explanation:
This transaction classifies as a § 351 exchange since Mr. Bass is exchanging his asset for 100% of Corporation C's stock.
§ 351 establishes that no gain or loss must be recognized when property is transferred in exchange for stock in a corporation. In order for this exchange to classify as § 351, the new stockholder must assume immediate control of the corporation as established by § 368 (c). This means that at least 80% of the stocks must be exchanged.
Answer: B) because if you stay on on track with the money you spend then you can live a good life.