Answer: Yes. Robert is is an investment adviser representative
Explanation:
Based on the scenario given in the question, we can deduce that Robert is an investment adviser representative. An Investment Adviser Representative is someone who is an employee for an investment advisory company and the person provides advice that are related to investments activities for the company.
In this case, Robert is performing the duties of an investment adviser representative for JJ financial planning.
Solution:
The record entry in accounting is the reporting of a report in an accounting document that displays the company's costs and credit balances. The amount of the payments must be equivalent to the sum of the credits otherwise the journal submission must be treated as unbalanced.
Raw material: a fundamental substance in its natural, changed or semi-managed condition, used as a contribution to the cycle of production for the eventual modification or transformation into a finished decent substance.
Pass journal entry
Particular Debit ($) Credit ($)
Raw material inventory (WN1) 210,000
Cash 210,000
Work in process 186,000
Raw material inventory 186,000
Factory overhead 15,000
Raw material inventory 15,000
The similarity between being self-employed and owning a business out of the above choices is that you or your business produces something. Whether you personally make it or you own a business that produces something, something is being produced. You are your own boss in both situations, you likely make all of the decisions in both but with owning your own business there is a team that can help. Normally if you are self-employed you can't take time off and generate revenue because you are the sole worker.
Answer:
The stock price is $33.26
Explanation:
<u>Dividend of the year</u>
D1 = 1.85 * 1.24
D1 = 2.294
D2 = 2.294 * 1.18
D2 = 2.70692
D3 = 2.70692 * 1.12
D3 = 3.0317504
D4 = 3.0317504 * 1.06
D4 = 3.213655424
Price at year 4 = 2.70692 * 1.12 * 1.06^2/(14%-6%)
Price at year 4 = 42.58093437
Current price = 2.294/1.14 + 2.70692/1.14^2 + 2.70692*1.12/1.14^3 + 2.70692*1.12*1.06/1.14^4 + 42.58093437/1.14^4
Current Price = $33.26
So, the stock price is $ 33.26
Answer:
Net Cash Flows from Operating Activities Using Indirect Method is $71,825
Explanation:
In Cornelius Inc.:
Increase in Accounts receivable = $17,650 - $11,500 = $6,150
Decrease in Inventory = $27,825 - $33,800 = -$5,975
Increase in Accounts payable = $24,600 - $15,900 = $8,700
Cornelius Inc. uses the indirect method.
Net Cash Flows from Operating Activities = Net Income + Depreciation expense - Increase in Accounts receivable + Decrease in Inventory + Increase in Accounts payable = $52,000 + $11,300 - $6,150 + $5,975 + $8,700 = $71,825
