Answer:
(C) II, III only
Explanation:
I. the date the service was performed is on June 1st, Therefore revenue will be recoganized on June 1st.
II. Melly Corp received advance payment for raw material to be delivered to Drake Inc. in 6 month, Therefore revenue cannot be recognized on June 1st.
III. Lodo, LLC collected cash on June 1st for service rendered on May 1st. Therefore revenue will not be recoganized on june 1st
The revenue that cannot be recognized on June 1st for II and III case.
Answer:
The correct option is that the company receives nothing.
Explanation:
Secondary market stock transactions take place between investors who already hold the stock and the other one who is willing to buy the stock,the company whose stocks are being traded is not a party to the transactions,as a result,would receive nothing from such secondary market stock transactions.
The company would have receive cash if the it had issued shares to new investors for the first time through investment banks ,which is initial public offer,or if shares were issued to existing stockholders,the rights issue
Answer:
The U.S. federal debt as a fraction of GDP in year 2050 will be 77%
Explanation:
According to the given data we have the following:
Debt in the end of 2018 = 104% of GDP
Nominal GDP growth = 3%
Interest on debt = 2%
In order to calculate What will be the U.S. federal debt as a fraction of GDP in year 2050 first we have to calculate the debt in 2050 using the following formula:
Debt in 2050 = Current Debt*(1+r%)n
Debt in 2050 = 104*1.0232 = 196
Next, we would have to calculate the GDP in 2050 using the following formula:
GDP in 2050 = Current GDP*(1+r%)n
GDP in 2050 = 100*1.0332 = 257.5
Therefore, Debt as percentage of GDP in 2050 = 196/ 257 = 77%
Answer:
Basic earning per share $0.21 per share
Explanation:
Basic Earning per share = ( Net Income - Preferred stock dividend ) / Weighted Average outstanding shares
Basic Earning per share = ( $200,000 - $50,000 ) / 700,000
Basic Earning per share = $150,000 / 700,000
Basic Earning per share = $0.2143 / share
Weighted average Outstanding shares = 500,000 + 200,000
Weighted average Outstanding shares = 700,000 shares
I believe the answer is: It won't be able to eat.
In wild life, this type of condition is basically a death sentence for the organism who experience it. The only way for the tiger to survive in such situation is only if humans making an intervention by surgically fix them or find another pathways to injects the nutrition into the tiger's body.
