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4 years ago

Tips, bonuses, and capital gains are all _____.

Business

2 answers:

Nataliya [291]4 years ago

8 0

I would say your answer is number 3

SCORPION-xisa [38]4 years ago

6 0

Tips, bonuses and capital gains are all sources of income. A bonus is an additional sum of money given to an employee for achieving targets or goals. Tips are extra income given to an employee for the great service given to customers. Tips are usually given by the customers.

Capital gains is a profit gained from the sale of a property.

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Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The remodeling costs are

ratelena [41]

Answer:

$119,666

Explanation:

The benefit of remodelling can be calculated using the net present value.

The net present value is the present value of after tax cash flows minus the cost of an investment.

The net present value can be calculated using a financial calculator.

Cash flow for year 0 = $-2.8 million

Cash flow each year from year one to year five = $820,000

I = 12.5%

NPV = $119,666

The benefit of the renovation exceeds its cost so the renovation should be carried out.

I hope my answer helps you.

8 0

4 years ago

Financial accounting is utilized by ________ in order to make business decisions:

alex41 [277]

Answer:

a. stockholders and creditors

Explanation:

Financial accounting is utilized by stockholders and creditors in order to make business decisions.

The shareholder use financial accounting reports to determine if the company's performance is as expected and to decide if more money should be invested or funds invested be pulled out (through the sales or transfer of equity).

Creditors use financial accounting to analyze the ability of the company to pay up debts owed to them when due, also to know if to continue to extend credit facilities to the organization.

Production employees rarely use financial accounting, rather, they are more concerned with management accounting considering elements like production cost, material variances, sales budget etc.

Customers are predominantly concerned about the availability of products and the presence of close substitute.

Hence the right option is a.

6 0

4 years ago

On December 15, 2021, Rigsby Sales Co. sold a tract of land that cost $3,300,000 four $5,000,000. Rigsby appropriately uses the

Flura [38]

<u>Solution and Explanation:</u>

Installment Receivables (Net) of $2,905,600

Basis Particulars Debit Credit

Sale:- Instalment Receivables $5,000,000

Inventory $3,200,000

Deferred gross profit $1,800,000

Payment:- Cash $4,90,000

Instalment Receivables $4,90,000

Deferred Gross profit $165,600

Realised Gross profit $165,600

Instalment Receivables ($5,000,000 minus $490,000) = $4,510,000

Deferred gross profit ($1,800,000 minus $165,600) = $1,634,400

Instalment Receivables (Net) = $2,875,600

8 0

3 years ago

The supply and demand curves show data for the latest paperback edition in a popular young adult fiction series that has been tu

Grace [21]

Shift D1 right, showing an increase in demand and an increase in equilibrium price.

8 0

3 years ago

Read 2 more answers

Prepare the issuer’s journal entry for each of the following separate transactions.a. On March 1, Atlantic Co. issues 51,000 sha

Shalnov [3]

Answer:

March 1

Account Debit Credit

Cash $323,000

Common Stock $153,000

Paid-In Capital in Excess

of Par Value $170,000

April 1

Account Debit Credit

Cash $87,000

Common Stock-no par value $87,000

April 6

Account Debit Credit

Inventory $56,000

Common Stock $56,000

Machinery $170,000

Paid-In Capital in Excess of

Common Stock $170,000

Note Payable $92,000

Cash $92,000

4 0

4 years ago