A business excludes money paid as salaries or wages to employees from operating surplus.
Answer: fire which is started in a waste paper basket.
Explanation:
Hazard is simply defined as the condition that will lead to an increase in loss. Property insurance are policies that can either offer liability coverage or property protection.
Property insurance include flood insurance, homeowners insurance, and earthquake insurance etc. In property insurance terminology, all of the options in the question are considered hazards except fire which is started in a waste paper basket. This is not a hazard as this is a waste that'll be disposed off
Answer:
6%
Explanation:
Data provided as per question is as given below:-
Redeemed amount = $1,000
Sale value of Bond = $687.25
Number of year = 5
The computation of interest rate is as shown below:-
Interest rate = (Redeemed amount ÷ Sale value of bond) ^ (1 ÷ Number of Year) - 1
= (1,000 ÷ 747.25) ^ (1 ÷ 5) - 1
= (1.338) ^ (0.2) - 1
= 0.06
= 6%
Answer:
$60,000 basis in stock, $11.43 basis per share, $0 recognized gain.
Explanation:
Calculation for the basis of the Purple stock, the per share basis, and gain recognized upon receipt of the common stock dividend
Based on the information given the $60,000 which is value of the shares will be allocated to the total shares that was owned after the stock dividend of $5,250 ($5,000 + $250 = 5,250)
Note that :(5%*5,000=$250)
Secondly the basis per share will be $11.43 calculated as ($60,000/5,250)
Lastly No gain will be recognized on the receipt of the stock dividend
Therefore the basis of the Purple stock, the per share basis, and gain recognized upon receipt of the common stock dividend are:
$60,000 basis in stock
$11.43 basis per share
$0 recognized gain.
Answer:
My favorite song is title.wma by Microsoft Windows XP
Explanation: