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Brums [2.3K]
2 years ago
5

The net income or net loss is calculated on the

Business
1 answer:
Ber [7]2 years ago
4 0
The net income or net loss is calculated on the statement of owner’s equity.
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S. S. Sarkar (S.S.S.), a real estate investment company, is considering investing in a shopping center. The sale price is $5,000
Alex777 [14]

Answer:

S.S.S. should not purchase the shopping center because its NPV is negative, i.e. -$1,952,890.30

Explanation:

Note: See the attached file to see how the net present value is calculated.

From the file, it can seen that the project will result in a negative NPV of $1,952,890.30. Therefore, S.S.S. should not purchase the Shopping center.

Download xlsx
7 0
3 years ago
More companies are posting job advertisements on industry specific sites, because the applicants are usually more qualified.
aleksley [76]

Answer: True

Explanation: Industry specific sites are usually used by candidates that have  of expertise in specific industry sectors, For example- any candidate having higher skill set in IT sector might visit such a sight.

These sights brings the win win situation in the market as the candidate gets the job in which he or she is best at and the industry gets the experts for every job it has.

Thus, the above statement is true.

8 0
3 years ago
Read 2 more answers
What does it mean for a savings account to have a minimum balance?
Fittoniya [83]

Answer:

D

Explanation:

A savings account is an account owned by an individual at a bank. He keeps his money there, and earn interest at the end of the month for his savings.

A minimum balance is sometimes required by the banks for a savings account, customers are expected to keep such minimum balance always if not, the account will be closed down.

5 0
3 years ago
On December 2, Coley Corp. acquired 1,600 shares of its $3 par value common stock for $21 each. On December 20. Coley Corp. reis
shusha [124]

Answer:

(A) Credit Additional Paid in Capital $9,600

Explanation:

As provided earlier, shares of own company were acquired, at a premium, which creates a treasury account with the amount of purchase back of shares.

This is because of the amount paid towards purchase that is for the amount received on purchase.

Further when shares are resold the paid in capital account is credited,

Additional capital to be credited = $11 - $3 = $8 per share

$8 \times 1,200 shares = $9,600

With this amount the balance of additional capital will increase, and thus this account will be credited.

If there is any reversal to treasury stock it will be treasury stock account debit, thus option b) and option d) are completely invalid.

Further cash received = $11 \times 1,200 = $13,200 and not $25,200

Therefore option c) is also invalid.

Therefore, Correct option is

(A) Credit Additional Paid in Capital $9,600

4 0
3 years ago
Hannah is about to get a raise at work that will add $200 to her monthly paycheck. She wants to buy a new car to replace the fou
Viktor [21]
David (whoever that is) will most likely tell her to wait and save more money for an emergency
5 0
2 years ago
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