It's a long-term investment and the company owns 45% of shares of Hall Inc. Hence the company exercises significant influence over Hall Inc.
The various journal entries on the transaction occured would be made as under:
No. Account Name Debit Credit
1. Investment 1296000
Cash 1296000
2. Investment 97650
Investment income
(217000 x 45%) 97650
3. Cash 64800
Investment (1.60 x 40500) 64800
The effect on the cash flow statement will be:
Operating activities:
No effect 0
Investing activities:
Purchase of investment -1296000
Receipt of dividends 64800
The current stock price is also known as the marketplace fee. it's far the fee at which a share of inventory or every other security is ultimately traded. In an open market, the modern charge functions as a baseline . Divide equity by the wide variety of stocks issued. If, say, the company's well worth $10 million and there are 10,000 shares, the share fee of every percentage is $1,000.
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Answer:
kung among bukang bibig, ziyang laman ng dibdib
Answer:
a. 26%
b. 28.2%
Explanation:
Consider the following formula:
Gross profit ratio = Net sales - Cost of sales / Net sales
Walgreen's 2015 gross profit ratio: (103444-76520)/103444
26.0%
Walgreen's 2014 gross profit ratio: (76392-54823)/76392
28.2%