For the answer to the question above, t<span>he acquisition of land by issuing common stock is </span>a noncash transaction that is not reported in the body of a statement of cash flows. So the answer is A.
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Karim and Rashida Sultan are filing a joint federal return. They have the following investment income $597 Frankfort Mutual Fund dividends, $283 Credit Union dividends. The amount of total taxable dividends reported on Schedule B is: $1,706.
Total taxable dividend=Craft Inc. dividends + Frankfort Mutual Fund dividends+ Credit Union dividends
Where:
Craft Inc. dividends=$826
Frankfort Mutual Fund dividends=$597
Credit Union dividends=$283
Let plug in the formula
Total taxable dividend= $826+$597+$283
Total taxable dividend=$1,706
Inconclusion if Karim and Rashida Sultan are filing a joint federal return. They have the following investment income $597 Frankfort Mutual Fund dividends, $283 Credit Union dividends. The amount of total taxable dividends reported on Schedule B is: $1,706.
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The best answer for the question of which is best described above is letter a. unilateral contract. It is because it is a legal promise between the
parties which is Allison and Sarah. The unilateral contract has the ability to
pay one party if the other party is able to do his or her task or perform a
certain duty that the other party ask or told.
The real interest rate given the nominal and inflation rate is -2 percent
<h3>How to calculate the real interest</h3>
The formula for calculating real interest given the nominal and inflation rate is expressed as:
Real interest rate ≈ nominal interest rate − inflation rate
Given the following
Real interest = 4%
inflation rate = 6%
Substituting into the formula
Real interest rate = 4% - 6%
Real interest rate = -2%
Then the real interest rate given the nominal and inflation rate is -2 percent
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Answer:
a. 8,200 pizzas
b. 17,400 pizzas
c. $17,100
Explanation:
The computation is shown below:
a. For break even point
= (Fixed expenses ) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $9 - $5
= $4
So, the break even point is
= $32,800 ÷ $4
= 8,200 pizzas
b. For target profit
The break even point is
= (Fixed expenses + target profit) ÷ (Contribution margin per unit)
= ($32,800 + $36,800) ÷ $4
= 17,400 pizzas
c. And, the margin of safety in dollars is
= (Total sales - break even sales) × selling price per unit
= (10,100 pizzas - 8,200 pizzas) × $9
= $17,100