Answer:
Pirate Recording Company Inc.
The firm's stock would most likely be classified as a(n):
growth stock.
Explanation:
Since Pirate Recording Company's stock is expected to grow rapidly more than the market average, it is regarded as a growth stock. Stockholders expect to make more capital gains by selling the stocks in the future than from collecting dividends. As Pirate Recording is in an expansion mood, with new capital injections of $150 million, it will be retaining its earnings to pursue its growth potential, thus, further exciting potential stockholders.
Answer:
APEX: Unemployment is natural and acceptable in an economy.
Explanation:
He is a leader in Avant Guarde Chance music
Answer:
Rate of change of rent [Seattle] = $95.5
Explanation:
Given:
2009 Rent $583
2015 Rent $745
2009 Boston $1,577
2015 Boston $2,150
2009 Seattle $958
2015 Seattle $1,600
Find:
Rate of change of rent [Seattle]
Computation:
Rate of change of rent [Seattle] = Change in price / Change in time
Rate of change of rent [Seattle] = [$2,150 - $1,577] / [2015 - 2009]
Rate of change of rent [Seattle] = $573 / 6
Rate of change of rent [Seattle] = $95.5
Answer:
Acquisition of the asset:
March 1, 2016
Dr. Patent €7,500
Cr. Cash €7,500
At Year end:
December 31, 2016
Dr. Patent €1,500
Cr. Revaluation reserve €1,500
December 31, 2017
Dr. Revaluation reserve €1,000
Cr. Patent €1,000
Explanation:
*Assumption: Normally Patents do not valued under the revaluation model as they are very unique and do not have any active market. Because it given in the question I am assuming it fulfil the criteria of revaluation.
On March 1, 2016 patent will be recognized on cost. At the year end patent will be revalued and it's gains and losses are calculated. Dec 31, 2016 there is a gain of €1,500 which is transferred to revaluation reserve account. Dec 31, 2017 there is a revaluation loss which will firstly adjust any previous accumulated gain then it will be charged to Profit and loss as Revaluation loss. As there is excess gain of €1,500 and entire loss of €1,000 will be adjusted in the revaluation reserve account.