Answer:
The answer is =22%
Explanation:
Holding period return is the total return from asset or investment portfolio over a period of time. Holding period return is expressed as a percentage.
Its formula is:
[(value at the end of the period- original value) + income or dividend]/ original valuex 100
[2 + (59 - 50)] / 50x 100
(2 + 9 ) / 50x 100
11/50 x 100
=22%
Finance Charge = Balance x Interest rates
Since Philip has passed the full year since the initial credit, we use the full 19% for the calculation.
So, the finance charge is:
$ 2,000 x 19%
= $ 380
Answer:
D. Altering financial statement
Explanation:
Answer:
$620,000
Explanation:
The amount of compensation expense that Korsak should recognize for the year ended December 31, 2022:
= [($34-$20)*124,000*3/4] - [($31-$20)*124,000*2/4]
= [$14*124,000*3/4] - [$11*124,000*2/4]
= $1,302,000 - $682,000
= $620,000
Note: The answer is not included in the option above
