Answer:
Explanation:
Preparation of the income statement for Sunland Company ending December 31, 2022 is presented below:
Sunland Company
Income statement
Revenue
Service revenue $67,280
Total revenues $67,280 (A)
Less: Expenses
Advertising expense $2,080
Rent expense $12,000
Utilities expense 2,900
Salaries and wages expense 34,800
Total expenses $57,780 (B)
Net income $15,500 (A- B)
Simply we deduct the total expenses from the total revenues so that the net income could arrive
The required holding period must be satisfied first. The holding period for a public company is six months, and it starts on the day that a holder purchases and pays in full for securities. The holding period is one year for a business that is exempt from SEC filing requirements
The cooling-off period.
<h3>What does registration with the Securities and Exchange Commission SEC require?</h3>
- A description of the company's assets and operations, a description of the security being offered for sale, and other pertinent information are all included in the registration forms that a company submits to the SEC. information on the organization's management; and.
- The required holding period must be satisfied first. The holding period for a public company is six months, and it starts on the day that a holder purchases and pays in full for securities. The holding period is one year for a business that is exempt from SEC filing requirements.
To learn more about : Organization's management
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Answer:
The answer is given below;
Explanation:
Retained Earnings (125,000*2%) Dr.$2,500
Dividend payable Cr.$2,500
Retained Earnings (62,000*.25) Dr.$15,500
Dividend Payable Cr.$15,500
A market index is a resulting value created from the combination of several stocks and other investment vehicles presenting its total value against a base value at a certain period. It is used to show the whole stock market at the same time keeping track with the way the market changes overtime. The practice of tracking the value of the stock market over a period of time can be used to benchmark to make a credible comparison of stock returns.
Answer Not claiming the instrument hes sending
Explanation:
