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Elena L [17]
3 years ago
5

Robbie veath brings together buyers and sellers of used heavy construction equipment, and helps them negotiate the terms of the

sale. however, robbie never actually takes title to any of the equipment himself, nor does he provide any financing for the buyer. robbie is acting as a:
Business
1 answer:
Alexandra [31]3 years ago
5 0

Answer:

The answer is broker.

Explanation:

Broker refers to someone who function as an intermediary between a buyer and a seller. This person also helps negotiate the price between the two parties. It is clear that Robbie plays this part between the buyer and seller of heavy construction equipment. Robbie does not own the product nor does he provide any financing – which is a condition of being a broker.

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Assume that Reed Company purchases 18,000 common shares of Aiello Company for $8 cash per share. During the year, Reed receives
Minchanka [31]

Answer:

option d is right

income does Reed report relating to this investment for the year is $34200

Explanation:

Given data

purchases shares = 18000

1 share value = $8

cash dividend = $.090 per common share

common stock = $9 per share

to find out

total income

solution

we know total income for year = total dividend + unrealized gain by the change of fair      .....................1

we say here

total dividend received is  purchases shares  × cash dividend

total dividend = 18000  × 0.90

total dividend is $16200   .................2

and

Unrealized gain by change of fair  = (common stock per share  - 1 share value  )  × purchases shares

Unrealized gain by change of fair  = (9 - 8 ) 18,000

Unrealized gain by change of fair  is  $18,000       .................3

put equation 2 and 3 in equation 1 we get

total income for year = total dividend + unrealized gain by the change of fair

total income for year = 16200 + 18,000

income does Reed report relating to this investment for the year is $34200

option d is right

3 0
3 years ago
The adjusted trial balance for Rowdy Profits Corporation reports that its equipment had cost $240,000. For the current year, the
garik1379 [7]

Explanation:

The reporting is shown below:

                                        Income statement

Particulars                  Amount                   Particulars                  Amount          

Depreciation

expense                      $28,800

                                            Balance sheet

Liabilities                    Amount        Assets                     Amount

                                                 Equipment                     $240,000

                                                Less: Accumulated

                                               Depreciation                  -$144,000

                                          Net value of an equipment $96,000

Only these items would be displayed on the income statement and the balance sheet

6 0
3 years ago
your client has made all of the following transfers. which of these transfers will be excluded from the client's total gifts in
OlgaM077 [116]

To be excluded from the client's total gifts in the year made are

  • Paid a hospital $11,000 for medical services rendered to a friend
  • Made a donation to the democratic party. Option D I and III

This is further explained below.

<h3>Which of these transfers will be excluded from the client's total gifts in the year made?</h3>

Generally, If anything is referred to as "the client's," it means that it belongs to a single person, such as a client's file. The use of the clients' plural possessive demonstrates that we may attribute things to more than one client.

In conclusion, To be excluded from the client's total gifts in the year made are

  • Paid a hospital $11,000 for medical services rendered to a friend
  • Made a donation to the democratic party. Option D I and III

Read more about client's

brainly.com/question/28162297

#SPJ1

CQ

Your client has made all of the following transfers. Which of these transfers will be excluded from the client's total gifts in the year made?

Paid a hospital $11,000 for medical services rendered to a friend

Paid a family member $15,000 so she could go to school

Made a donation to the democratic party

Made a contribution to the shriner's hospital, which provides free medical care to children

A)

II and IV

B)

I and II

C)

III and IV

D)

I and III

5 0
2 years ago
Vandel Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 5,900 units are p
Fantom [35]

Answer:

Given:

Sales budget = 5,900 units

Variable selling and administrative expense = $11.20 per unit

Fixed selling and administrative expense = $131,570 per month

Depreciation = $16,520 per month

Therefore, we'll compute cash disbursements for selling and administrative expenses using the following formula:

<em>Cash disbursements = Variable selling and administrative expense × Sales budget +  Fixed selling and administrative expense - Depreciation</em>

Cash disbursements = $11.20 × 5,900 + $131,570 - $16,520

<u><em>Cash disbursements = $181,130</em></u>

3 0
3 years ago
Read 2 more answers
According to McGregor’s ________, working is as natural an activity as resting or playing, and people will work hard to achieve
qwelly [4]

Answer: Theory Y

Explanation:

Theory Y is one of the human work motivation created by McGregor. The theory states that "workers that are motivated and enjoy their work will perform better without a direct reward system". This happens when managers value their employees and see them as assets.

7 0
3 years ago
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