Answer:
false
Explanation:
because they is alor of nskfksjdjxjsjsjxjs
B.Mutual Fund because it makes the most sense
Answer:
Credit the following;
Investment (Available for sale) $18,000
Gain on sale of an investment $2,000
Explanation:
Assuming all the unrealized holding gains and losses have been reversed, the investment will be recorded at the original cost of $18,000 instead of the fair value and the gain would then be $2,000.
The Journal entry for the sale would be;
DR Cash.......................................... .............$20,000
CR Investment (Available for sale)......................... $18,000
Gain on sale of an investment .................................$2,000
<em>(To record sale of bond investment)</em>
Answer:
b. $19500000.
Explanation:
Break-even point is the level of sales on which business has no profit no loss situation. The business only covers the variable and fixed cost at this point.
Total Contribution can be determined by calculating adding estimated contribution of each division.
Total Contribution ratio = (65% x 30%) + (35% x 50%) = 19.5% + 17.5% = 37%
Fixed cost = $7,215,000
Break-even point = Fixed cost / Contribution margin ratio = $7,215,000 / 37% = $19,500,000
Answer:
Account and Settings > Expenses > Purchase orders
Explanation: