Answer:
$95,000
Explanation:
Jackson's net cash provided by operating activities is calculated below;
Cash collected from customers
$245,000
Less : Salaries paid. ($135,000)
Less utilities ($15,000)
Net cash provided. $95,000
<span>Lines (No overtaking), any junctions, Speed cameras, and cars coming the other way?</span>
Answer:
Record the adjusting entry on December 31, 2021. Calculate the 2021 year end adjusted balance of Salaries Payable (assuming the balance of Salaries Payable before adjustment in 2021 is $0).
1
Db Salaries expenses____________________ 690
Cr Salaries payable_______________________ 690
Explanation:
Pays 3220 Two Weeks
Pays 230 Daily
Dates Expense Payable
December 29 230
December 30 230
December 31 230
Janaury 1 230
Janaury 2 230
Janaury 3 230
Janaury 4 230
Janaury 5 230
Janaury 6 230
Janaury 7 230
Janaury 8 230
Janaury 9 230
Janaury 10 230
Janaury 11 230
690 2530
1
Db Salaries expenses____________________ 690
Cr Salaries payable_______________________ 690
Answer:
$25 million net differed tax liability
Explanation:
The computation is shown below;
Net deferred tax liability is computed as;
= (Taxable temporary difference - Deductible temporary difference) × Tax rate
= ($120 million + $20 million - $16million - $24million ) × 25%
= $100 million × 25%
= $25 million
The above shows the net deferred tax liability of $25million hence same is to be considered.
Answer:
Profit of 3600
Explanation:
I bought the 600 shares at a price of $41.20
so, Cost of buying the shares 24720
Along with it, i also bought the put option in $1.10 with a strike price of $45.
Buying the put option able me to sell the stock in 45 regardless of the price in stock market is.
But at the expiration date, the price of stock is $48.30 (more than strike price of $45)
So, i would not sell my stock to the broker in 45 (strike price) where, i can sell this stock in stock market at $48.30
Selling this stock in 48.30
48.30*600=28980
I must pay the option premium even though i have not utilized the option.
1.10*600=660
Finally,
selling price of shares-cost of buying shares - cost of purchasing premium
28980-24720-660= 3600