Answer:
Total expenditure for the trip = $36.25
Explanation:
You are going to the movie with your younger brother and grandparents.
Senior citizens tickets cost $6 while your tickets cost $6.25 and your younger brothers ticket cost $4.25 .
Also there is an additional expenditure due to buying soda and popcorn and it costs $20.
Now we have to find the total cost for your trip to the movie theater.
For that we just need to add all the expenditures.Hence,
Total cost = 6 + 6.25 + 4.25 + 20 =$36.25
This is the total expenditure for the trip.
Answer:
Long-term capital gain = $73,000
Explanation:
The long-term capital gain (LTCG) can be calculated using the following formula:
Long-term capital gain = Selling price - Cost of acquisition - Cost of improvement .............. (1)
Where;
Selling price = $212,000
Cost of acquisition = $113,000
Cost of improvement = $26,000
Substituting the values into equation (1), we have:
Long-term capital gain = $212,000 - $113,000 - $26,000 = $73,000
Note:
Since no information on cost inflation index is given in the question, that implies that there is no need to use indexed cost of acquisition and indexed cost of improvement in our calculation. Therefore, the Cost of acquisition and Cost of improvement has to be used as given in the question.
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Answer:
A. an overstatement of net income and an understatement of liabilities.
Explanation:
Answer:
E
Explanation:
it most likely is production control
