Answer:
gain from the debt restructuring = $160,000
Explanation:
given data
principal = $600,000
rate = 10%
settlement = $500,000
to find out
gain from the debt restructuring in income statement
solution
we get here owed a total that is
owed a total = Principal + Unpaid interest ...............1
put here value
owed a total = $600,000 + $60,000
owed a total = $660,000
and
gain from the debt restructuring is here as
gain from the debt restructuring = owed a total - settled .......2
gain from the debt restructuring = $660,000 - $500,000
gain from the debt restructuring = $160,000
Answer:
The first 40 hours of payment will be payed at $10.5 per which will amount to a total of $420 and his last 5 hours he will be payed at $13 which will amount to a total of $65.
So his total earning for the 45 hours of work are $485
Explanation:
Answer:
d. Marketing
Explanation:
Marketing advantage is the edge a company has at attracting customers by having superior products, lower prices, innovative distribution, and effective promotion.
When businesses improve their marketing process it results in a strong brand, more loyalty, and resultant competitive advantage in the market.
Answer:
11.97%
Explanation:
Common size statement value of inventory is where all accounts are expressed as a percentage of total assets.
Total assets = Net fixed assets + Current assets
= $544 + $300
= $844
Common size statement value of inventory = Inventory ÷ Total assets
= $101 ÷ $844
= 0.1197
= 11.97%
In 1884. The ringling brothers organized their first small circus.
