The answer would be D) 98.8% because if the initial price is $25 per share, then Gavin would have spent $12,500. None of the other answers make sense since if it was just 3% or 82.3%, then it would be too much to equal $150 in return. If you were to put C, then the shares would equal $4.43 each, and If you bought 500 shares, then it would equal $2,212.5 which would be way more than $150. In the other hand, D is correct because then only 1 share would equal $0.3 and that multiplied by 500 equals precisely $150.
Hope this helps!
Answer:
The accounting concept that applies to the given statements is as follow:
1. SiriusXM Radio Inc. files its annual and quarterly financial statements with the SEC. ⇒ The Periodicity Assumption.
2. The president of Applebee’s International, Inc., travels on the corporate jet for business purposes only and does not use the jet for personal use. ⇒ The Economic Entity Assumption.
3. Jackson Manufacturing does not recognize revenue for unshipped merchandise even though the merchandise has been manufactured according to customer specifications. ⇒ Revenue Recognition
4. Lady Jane Cosmetics depreciates the cost of equipment over their useful lives. ⇒ Expense Recognition
Answer:
A cow is a consumer because it Can not produce it's own food.
Step-by-step explanation:
Hope this helps!
