<span>The issue isn't black and white, a true answer is closer to the middle ground but to play devil's advocate I personally believe investors have a net positive effect on companies they keyword: invest in. Investments naturally leads to expansion and growth, that's always at least a main goal of anyone profitable company. It produces more jobs, but it can have the negative effect of curbing jobs in the name of cutting costs. A lasting problem is an overreliance in investment when companies don't have enough liquidity to continue running and is forced to sell assets valuable to the business in times of panics and reduced investment. Overall investors are in large part a reason for the success of modern corporations.</span>
Answer:
$500,000
Explanation:
Actual amount contributed by Hal to the land purchase = Contribution - Gift from mandy = $300,000 - $200,000 = $100,000
Hal's contribution weight in the land = 100,000 ÷ 600,000 = 1 ÷ 6
Hal's gross estate in the land = $3,000,000 × (1 ÷ 6) = $500,000
Therefore, as to the land, hal's gross estate must include $500,000.
Answer:
D. period costs.
Explanation:
The period cost is the cost which is incurred during the passage of time. It includes the major part of the ling and administrative expenses of the income statement. This cost is not capitalized. It is to be allocated based on the expenses that are against the revenue.
Example - Depreciation on delivery trucks, advertising expense, etc
Answer:
$6,480,000
Explanation:
The computation of the amount of the current liabilities is shown below:
Total assets of $11,200,000
Less: Noncurrent assets $1,480,000
Current Assets = $9,720,000
Now as we know that
Current ratio = Current Assets ÷ Current Liabilities
Current Liabilites is
= $9,720,000 ÷ 1.5
= $6,480,000
hence, the current liabilities is $6,480,000
