Answer and Explanation:
Dividends are received on top of investments made under the mutual fund company. Credit is not allowed on any type of capital gains from the Mutual Fund under the rules, hence the capital gains of Mr. & Mrs. Able should be reported on their current year long-term gains So, $9500 will be reported for the current year tax return.
Answer: $174000
Explanation:
The firm's budgeted collections for August and the company's budgeted receivables balance on August 31 would be calculated as:
= (30% × $220,000) + (60% × $160,000) + (10% × $120,000)
= (0.3 × $220,000) + (0.6 × $160,000) + (0.1 × $120,000)
= $66000 + $96000 + $12000
= $174000
Answer:
Answer for the question:
is given below.
Explanation:
1. P ( X < 76 ) = 1 - P ( X > 7 6 ) = 1 - 0 . 1 0 = 0 . 9 0
2. P ( X < 2 8 ) = 1 - P ( X > = 2 8 ) = 1 - P ( 2 8 < = X < = 7 6 ) - P ( X > 7 6)
= 1 - 0 . 2 2 - 0 . 1 = 0 . 6 8
3. P ( X = 7 6 ) = 0 because in case of continuous probability , probability of finding a particular value is close to zero
The cost of goods sold was $19,000 in 2014 and it decreased by 8.2% from 2013.
100% - 8.2% = 91.8%
x ----------------- 100%
19,000 ---------- 91.8%
------------------------------
x : 19,000 = 100 : 91.8
91.8 x = 1,900,000
x = 1,900,000 : 91.8
x = 20,697.16 ≈ $20,697
Answer: The cost of goods sold was $20,697 in 2013.
