Answer: There are basically 5 Types of trading and they are -:
1. Scalping
2. Day trading
3. Momentum
4. Swing
5. Position
Explanation:
It means to say that the demand of the product is decreasing. The relationship between the price and demand is one way. It means to say that if the price increases, the demand is higher. In this scenario, the price increases to avoid shortage on the product. If the price is decreasing, it means to say that the demand is decreasing and can possibly cause surplus on the said product. Lowering the price allows consumers to have higher purchasing power and enticing them to purchase such product.
Answer:
$93,700
Explanation:
Excess of cost over fair value of net identifiable assets of acquired subsidiary Shall be considered as good will and it will come under the head intangible assets.
Other are considered to be a expense.
Total amount reported for intangible assets:
= Trademarks + Excess of cost over fair value of net identifiable assets of acquired subsidiary
= $16,500 + $77,200
= $93,700
Answer:
(D) all of these.
Explanation:
Accounting errors do occur when making journal entries. In such a case, if one is spotted, corrections are usually done by an accounting staff who is more experience and they are done as soon as they are discovered to avoid forgetting. The errors should not be erased, however, the accountant draws a strikethrough on the erroneous entry and writes the correct one above the cancelled error. Therefore, all the choices given are correct.
Answer:
c. 10%
Explanation:
Law Imposes additional 10% tax on early distribution of 401 (k) retirement plan. This law is to discourage the use of retirement fund for other purposes than the retirement plan. Evie want early distribution of her funds so she must pay 10% additional tax on these funds. So option c. 10% is correct for 401(k) retirement plan.