Answer:
option (D) - 1.54%
Explanation:
Number of share of Harley- Davidson (HOG) = 100
Number of share of Yahoo(YHOO) = 230
Purchase price of share of Harley- Davidson (HOG) = $40 per share
Purchase price of of share of Yahoo(YHOO) = $25 per share
Final price of the share of Harley- Davidson (HOG) = $50
Increase in price of the share of Harley- Davidson (HOG) = $50 - $40 = $10
Final price of the share of Yahoo(YHOO) = $20
Increase in price of the share of Yahoo(YHOO) = $20 - $25 = - $5
here, negative sign means the loss
Now,
Total amount invested = 100 × $40 + 230 × $25
= 4,000 + 5,750
= $9,750
also,
Total net gain from shares = $10 × 100 - $5 × 230
= 1,000 - 1,150
= -150
return on your portfolio = 
= 
= - 1.538% ≈ - 1.54%
option (D) - 1.54%
Answer: Indirect
Explanation: the indirect method reports net income then adjusts it.
<span>The type of justice that Jack is concerned about is the
procedural justice. This is an idea of having to establish or maintain fairness
in which when engage to this, people who are involve are likely to engage of
resolving the dispute that is present.</span>
Answer:
(a) The following points explain the application of the cost principle to plant assets.
1.Under the cost principle, the acquisition cost for a plant asset includes all expenditures necessary to acquire the asset and make it ready for its intended use.
2.Cost is measured by the cash paid in a cash transaction or by the cash equivalent price paid when non cash assets are used in payment.
3.The cash equivalent price is equal to the fair market value of the asset given up or the fair market value of the asset received, whichever is more clearly determinable.
(b) Following is the list of transactions and items to be debited.
1. Land
2. Factory Machine
3. Delivery Truck
4. Land Improvements
5. Delivery Truck
6. Factory Machine
7. Prepaid Insurance
8. License Expense
Explanation:
