Answer:
Correct option is 6.59
Explanation:
Selling price of stock at the end of the year is $6.99. Annual return rate is 6%. Price of stock at the beginning will be present value of stock valued at the end discounted at 6%. Computation is as shown below:
= $6.59
Therefore, Stock's price in the beginning of the year is $6.59.
Answer:
c) AICPA accounting and auditing guide, Audits of Colleges and Universities and/or AICPA SOP 74-8, Financial Accounting and Financial Reporting by Colleges and Universities.
Explanation:
As accounting and auditing guide which is issued by AICPA for health care 3 gives full guidance on how to deal with financial reporting issues for the hospital so the accountant would look into it for any problem related to it.
Answer:
The answer is Lola should acknowledge a $3,000 from this distribution.
Explanation:
From the question given, we say that, Lola should acknowledge a $3,000 from this distribution.
Recall that
The Cash Distributed cash = $ 25,000
The Basis in this ownership of interest is = $22,000
The Gain = $3,000
Lola basis after the distribution is zero.
Therefore Lola should accept this distribution of a $ 3000
As long as the marginal benefits are higher than the marginal costs you are better off continuing the activity.
Consider the example of eating pizza. Each slice of pizza gives you happiness and helps fill you up (marginal benefit), but each slice also has lots of calories and fat (marginal cost). As long as you are still hungry and getting enjoyment from eating, you should keep eating. But once you reach the point where you are too full then you should stop, because the costs now outweigh the benefits.
Answer:
1. B. The actual proportion of Greeks who believe they are suffering.
2. This is the proportion of Greeks in the sample considered, i.e p = 0.25
3. n = 250 phat - 25% — 0.25 z score - 5%/2 — 2.5 on each end — z = 1.9 se - use formula - .0470.25 +/- 1.9 x .027+: .3675 -: .1325.
4. A. wider
5. B. narrower
Explanation:
In this question, it is essential to estimate the actual population of Greeks that believe they are extremely poor and also suffering. This will be used for proper sampling. Furthermore, in the sample considered, it was discovered that the parameter point estimate is approximately 25% and a change in the sample size or confidence level will alter the interval.
