Howell commited a crime of using company resources and will be sued and tried and pressed.
Answer:
11.42%
Explanation:
NAV0= Mutual fund in asset/ Share
$528 million/ 16 million shares
=33
NAV1=578-578(0.02)/17
=578-11.56/17
=566.44/17
=33.32
Hence:
Return NAV1-NAV0+Received Income distribution +Capital gain distribution /NAVO
NAV0=33
NAV1=33.32
Received Income distribution = 3
Capital gain distribution= 0.45
33.32-33+3+0.45/33
=3.77/33
=0.1143×100
=11.42%
Answer:
Option E ($4,000; $3,000) is the appropriate alternative.
Explanation:
- Assuming that America pursues a policy recognized as free-trade by imposing no limits against diamond exportation as well as importation, the amount of those policy balance shall be towards the particular moment whenever domestic supplies exceed domestic demand, in other words, $4,000.
- This same amount of balance would be at a stage wherever American production crosses the domestic production with something like a quota limit of $3,000 unless the U.S sets the allocation.
Some other possibilities don't relate to the type of situation in question. The answer, then, is the right one.
Answer:
$20,000
Explanation:
The reason is that the standard specifically addresses the issue and says that the publicly trading security must be recorded at the market price not on the management estimation. If it was allowed we would never see a loss in the financial statement because everyone would argue that our management estimation says that the asset is worth $1 million more than the current market price. So this is prohibited by the accounting standards.