Answer:
The correct answer is 3584 (Loss).
Explanation:
According tot he scenario, the given data are as follows:
Purchase value = $39.20
Sale value = $34.08
Total share = 700 share
So, we can calculate the total gain by using following formula:
Total gain = (Sale value - Purchase value) × Total share
= ( $34.08 - $39.20) × 700
= -3584 ( Negative shows Loss)
Those would be unions I believe
Answer:
C) call premium
Explanation:
These additional $30 are called the call premium. They are basically a fee that the issuer pays to the holder when they break the agreed-upon time frame and recall the bond at an earlier date. Basically, it is a payment form of saying sorry redeeming the asset earlier than expected. This call premium is applied to a variety of different assets such as bonds and preferred shares, among others.
Answer: B. $770,000
Explanation:
The taxable income that they would report on the consolidate tax return would be $770,000 ($600,000 + $120,000 + $50,000)
The reason why we have added $50,000 is because the Ketchem sold $50,000 worth of supplies to Catcham and Catcham were able to pay that amount within 20 days. That is in the month of November.
Also, the consolidated report is to be made after December 27, therefore, we will include this transaction as it was before 27th December.
I guess the correct answer is an award.
A mid-sized manufacturing company produced one thousand component assemblies in July of this year, far exceeding the previous record of 843 assemblies. One week later, the firm had grills brought on site and employees were treated to a steak luncheon. The steak grill-out is an example of an award.
