Answer:
Debit to unrealized loss for for $12,000
Explanation:
Based on the information given about ABC Company we were told that the company made a purchased of IBM stock for the amount of $20,000 in which the market value of the stock was the amount of $8,000 this means that the journal entry on December 31 will include a:
Debit to unrealized loss for for $12,000
Calculated as :
Unrealized loss=Market value - IBM stock
Unrealized loss=$8,000-$20,000
Unrealized loss=-$12,000
Answer:
PV= $450,909.1
Explanation:
Giving the following information:
Cash flow (Cf)= $24,800
Growth rate (g)= 3.5%
Discount rate (i)= 9%
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<u>To calculate the present value, we need to use the following formula:</u>
PV= Cf / (i - g)
PV= 24,800 / (0.09 - 0.035)
PV= 24,800 / 0.055
PV= $450,909.1
Answer:
d. $53
Explanation:
The computation of the total standard cost is shown below
= Standard rate per pound × number of pounds + standard rate per direct labor hour × number of direct labor hour + standard overhead rate × number of direct labor hour
= $4 per pound × 2 pounds + $14 per direct labor hour × 1.5 labor hour + $16 per direct labor hour × 1.5 labor hour
= $8 + $21 +$24
= $53
The answer is : True. What is considered a good business, includes how people are treated, how trust is built and maintained and how relationships are managed. Ethical actions played an important role in these other dimensions of business too.
I also believe it is c Government