Answer:
Sales Tax Center
Explanation:
QuickBooks Online is an online service for accounting software package that is developed as well as marketed by Intuit. Its products are mainly small or medium sized business and other accounting applications and cloud based version which accept management and payment of bills, business payments, payroll functions, etc.
In QuickBooks, we use the Pay sales tax window to create the sales tax payments. Intuit offers a new and advance version of sales tax feature in QuickBooks Online. We must record the sales tax payments in the sales tax center when the sales tax feature is enable in QuickBooks Online.
Answer:
The amount of consolidated net income that will be assigned to the controlling interest for 2018 is $ 48,000.
Explanation:
In order to calculate consolidated net income profit and loss on intra group transactions are eliminated or not taken into account. So in order to calculate profit cost incurred by group is taken as cost of good sold and sales that is made to third party will be taken as revenue. Detail calculations are given below.
Revenue $ 100,000
COGS ($ 40,000) (50,000 *80%)
Profit $ 60,000-A
Consolidated net income controlling interest = A * 80% = $ 48,000
The correct answer would be B. Depreciation
Answer:
Consider the following calculations
Explanation:
a) If the weight of risky portfolio is 'y' then weight of T-bill would be (1-y).
Expected return on clients portfolio = weight of risky portfolio x return on risky portfolio + weight of T-bill x return on T-bill
or, 15% = y x 17% + (1 - y) x 7%
or, y = 0.8
weight of risky portfolio = 0.8, weight of T-bill = 0.2
b)
Security Investment Proportions
T-bill 20% (from part a)
Stock A 80% x 0.27 = 21.6%
Stock B 80% x 0.33 = 26.4%
Stock C 80% x 0.40 = 32%
Total 100%
Answer:
$17.04
Explanation:
Book value per share of equity = $5,125,000 / 490,000 = $10.46
Market price per share = $27.50
$27.50 - $10.46 = $17.04
