Answer:
the question is incomplete, so I looked for a similar one:
Real estate commissions billed to clients amount to $4,000. Paid $700 in cash for the current month's rent. Paid $250 cash on account for office supplies purchased in transaction 2. Received a bill for $800 for advertising for the current month. Paid $2,500 cash for office salaries. Paid $1,200 cash dividends to stockholders. Received a check for $2,000 from a client in payment on account for commissions billed
<u>Income statement</u>
Service revenue $4,000
Operating expenses:
- Rent $700
- Advertising $800
- Office salaries $2,500 <u>($4,000)</u>
Net income $0
Accrual accounting recognizes both expenses and revenues when they occur, not when a cash flow is associated to them. E.g. even though only $2,000 were paid by clients, the whole $4,000 must be considered revenue.
Answer:
60.11%
Explanation:
Weight of stock C = Value of stock C / total value of portfolio
225 x $42 / (225 x $42) + (190 x $33) = $9450 /15720 = 60.11%
Answer:
The real GDP increased by 44%.
Explanation:
The nominal GDP is the measure of economic growth which measures change in output at the current market price.
While, the real GDP calculates the change in output at constant prices. It is inflation adjusted method and does not include change in price level. It purely measures the change in economic output.
The consumer price index = Nominal GDP/Real GDP
In other words, Real GDP= Nominal GDP/consumer price index
Real GDP in 2009=
=$1
Real GDP in 2010=
=$1.44
So, the GDP growth rate will be, $(1.44-1)*100=44%
Answer:
D
Explanation:
they are promoting their value to the industry and not trying to inform about a specific product. the intent of institutional marketing is to build trust in the brand.