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natima [27]
3 years ago
6

To calculate your return on a stock: If you bought a stock at $80 and earned a $3.00 dividend over the year and at the end of th

e year the stock value was $84, your return would be:
a. 8.75%
b. 8%
c. 9%
d. 9.25%
Business
1 answer:
grandymaker [24]3 years ago
7 0
New value: $87
new-orig= $7
7/80= 0.0875=87.5%
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Which would be processed as an exception to the payment rate typically calculated according to the Federally Qualified Health Ce
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Explanation:

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5 0
2 years ago
An estimate based on an analysis of receivables shows that $790 of accounts receivables are uncollectible. the allowance for dou
erastovalidia [21]

Answer:

The  adjusting entry at the end of the year will include a credit to allowance for doubtful accounts in the amount of $910.

Explanation:

Allowance for Doubtful Accounts balance should be Credit balance, Since we have $120 debit balance and want to create $790 Allowance for Doubtful Accounts credit balance we have to credit Allowance for Doubtful Accounts by ($790 + $120 = $910) to get Allowance for Doubtful Accounts $790 Credit balance.

Therefore, The  adjusting entry at the end of the year will include a credit to allowance for doubtful accounts in the amount of $910.

7 0
3 years ago
Indicate the accounts, amounts, and direction of the effects on the accounting equation under the accrual basis.
Alex777 [14]

Answer:

Find the answers in the excel file attached.

Explanation:

The impact of the accounting equation has been shown as well.

Download xlsx
6 0
3 years ago
A company began a new development project in 2017. The project reached technological feasibility on June 30, 2018, and was avail
o-na [289]

Answer:

$818,935

Explanation:

Percentage of-revenue method:

$4,000,000

($4,000,000 + 6,500,000) = $10,500,000

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8 0
3 years ago
Blue Corporation is projecting a cash balance of $36,450 in its December 31, 2016, balance sheet. Blue’s schedule of expected co
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Answer and Explanation:

The Preparation of cash budget for the first quarter is following below:-

Cash Budget  

Particulars                              Amount

Cash balance Beginning     $36,450

Add: Receipts  

Total Collection                     $224,775

Sale of equipment                  $3,645

Total receipts                          $228,420

Total cash available               $265,870

Less: Disbursements

Direct material                        $52,245

Direct labor                              $85,050

Manufacturing overhead         $42,525

Selling and

administrative overhead          $54,675

Purchase of securities              $17,010

Total Disbursements                 $251,535

Available excess available

cash over disbursements         $14,335

Financing

Add: Purchase of securities      $17,010

Less: Repayments                            -

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So, to reach at ending balance we simply added the purchase of securities and ending cash balance.

3 0
3 years ago
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