Answer:
Year 1 = $387
Year 2 = $516
Explanation:
Loan has been granted on 1 April in Year 1 i.e. for a period from 1 April to 31 December = 9 months.
Interest for year 1 @6% = $8,600 X
= $387
Interest for year 2 will be from 1 January to 31 December =
$8,600 X = $516
Therefore interest revenue to be reported by Rosewood Company will be as follows
Year 1 = $387
Year 2 = $516
Answer and Explanation:
The computation is shown below:
a) The adjusted basis for the land and the building at the acquisition date is
Land = $100,000
Building = $400,000
We recognized the purchase price of land and building
b. And, the adjusted basis for the land and the building at the end of 2019 is
Land = $100,000
Building is
= $400,000 - $4,708
= $395,292
We considered the cost recovery for the computation above
Answer: D
Explanation: A lack of self-esteem can lead to reliance others advice which can also lead to excessive pressure by the people your getting advice from.
Answer:
A. Financial leverage
Explanation:
Financial leverage is simply the use of debt to buy more assets. It is defined as the degree to which a firm uses limited funds obtained at fixed cost with the aim of increasing returns to common shareholders. Financial leverage shows the use of debt and preferential share capital for magnifying the profit available to equity shareholders. In summary, it is the use of funds obtained at fixed cost to magnify the returns of the equity shareholders.
Answer:
=$398.16
Explanation:
Mark up represents the desired profits of a product. A percentage mark-up increases the price of a product by that specific percentage.
If the cost is $252 and the required mark-up is 58%, the selling price will 58% higher than $252.
= 58% of 252 + 252
= (58/100 x 252 ) + $252
=$146.16 +252
=$398.16