Answer:
Smith will report an investment income of $56,000 in its income statement.
Explanation:
Based on the information given we were told that Smith made a purchased of the amount of $522,000 of Jones shares in which as of December 31, 2021, the Jones shares also had a fair value of the amount of $578,000 this means that Smith will report an investment income of $56,000 ($578,000-$522,000) in its income statement.
Pretty much saving up money. if you can save up enough you can treat yourself later in life
Answer: Orientation
Explanation:
Orientation is the process through which information and guidelines of organization or form is provided to newly hired employees.They are introduced to culture of organization, dress-code, work-place, payment, incentives,benefits, colleagues and other employees, duties etc.
According to the question,Keisha is going through orientation process so that she can get associated with her job and work space accordingly as a new employee.
Answer:
Business is an organization where goods and services are exchanged for one another or for money to make a profit, every business needs some form of investment and enough customers to sell product to.
the major characteristics are:
1. Exchange of goods and services
2. Deals in numerous transactions
3. Profit is the main objective
4. Business skills for economic success
5. risks and uncertainties
6. marketing and Distribution of goods
7. Sale to satisfy human wants
Explanation:
Answer:
mutual mistake
Explanation:
A mutual mistake happens when all the parties involved in a contract (two or more) are mistaken or do not know the correct information about some specific material fact that is relevant to the contract. In this case, the contract can be rescinded because Harry believes that Ryan wants to buy his Cadillac, while Ryan believes Harry is selling his Porsche.
Since both of them are mistaken and do not know relevant material facts regarding the contract, the contract can be terminated.
