Answer:
AdCreate billed Anchor Motors $529,412 for the third quarter in 2010
Explanation:
The advertizing company usually takes a 15% commision
Which means from the total amount billed to customer 15% ar commision which means:
money paid to media + 15% comission of the billed amount= total amount billed
450,000 + 0.15X = X
Now, we try to solve for X and get the amount billed to anchor motors.
X = 450,000/.85 =<em> 529.411,76</em>
<span>A branding strategy in which a firm uses a different brand for each of its products is called individual branding. With the use of this strategy, products from the same company are given a unique identity and name. This is especially useful when companies offer a wide range of products that cater different price markets. </span>
Answer: Gwen should report a $3,000 long-term capital gain in her income tax return.
In this question the price paid by Gwen’s mother for the shares is irrelevant because of her death.
The stock’s fair market value ($20) when Gwen inherited the shares (21st October 2015) is Gwen stepped up value.
Gwen’s gain from selling the shares is:
Gwen inherited the shares on (21st October 2015) and held the shares until (3rd july 2017), so she held the shares for more than one year after inheriting it. So, she will report a long-term capital gain on her income tax return.
Answer:
Dr Fair Value Adjustment (Available-for-Sale) $660
Cr Unrealized Holding Gain or Loss—Equity $660
Explanation:
Culver Company Journal entry
Dr Fair Value Adjustment (Available-for-Sale) $660
Cr Unrealized Holding Gain or Loss—Equity $660
Fair Value Adjustment (Available-for-Sale)
Debit Balance $140
Adjustment $660
($3,500-$2,840)
Balance 800
Answer:
its a pretty reliable stock, depends if youre going for long term or short term. It could earn you in the long term, but short term isnt really going to make you hundreds. Tesla is a good bet
Explanation:
