Answer: Jordan's recognized gain in the year of sale is $2500.
Explanation:
Given that,
Jordan inherited 10 shares of universal corp. stock upon her grandfather's death and have a fair market value of $5000
Jordan's grandfather purchase these shares in 1995 for $2500
After four months of her grandfather's death, Jordan sold all of the shares for $7500
So,
Jordan's recognized gain in the year of sale = the value of sale - the fair market value at the time of her grandfather's death
= $7500 - $5000
= $2500
Answer:
The $60,000 amount of inventory will be included in the consolidated balance sheet immediately following the acquisition
Explanation:
According to the accounting principles, the inventory is recorded at the cost or fair market value whichever is lower.
The inventory balance which is given in the balance sheet is $75,000
And, its fair market value is $60,000
So, the inventory would be recorded at 60,000
The other items which are given in the question are irrelevant. Therefore, we don't consider them in the computation part. Thus, we ignored them.
Hence, the $60,000 amount of inventory will be included in the consolidated balance sheet immediately following the acquisition
Answer:
10.25%
Explanation:
Data provided in the question:
Long-term debt = 45%, after-tax cost = 7%
Preferred stock = 15%, after-tax cost = 10%
Common stock equity = 40%, after-tax cost = 14%
Now,
The weighted average cost of capital for this firm will be calculated as:
= Long term debt × after-tax cost + Preferred stock × after-tax cost + Common stock equity × after-tax cost
or
= 0.45 × 0.07 + 0.15 × 0.10 + 0.40 × 0.14
or
= 0.0315 + 0.015 + 0.056
= 0.1025
or
= 0.1025 × 100%
= 10.25%
The three areas are; "the economy, the environment, and society".
Sustainability organizations are composed of groups of individuals that plan to propel sustainability or potentially those activities of sorting out something economically. Dissimilar to numerous business associations, sustainability associations are not restricted to actualizing sustainability methodologies which furnish them with financial and social advantages accomplished through ecological duty. For these associations or organizations, sustainability can likewise be an end in itself without additional explanations.
Answer:
The correct answer is variable.
Explanation:
Socialization is the process by which a culture, society or organization conditions the behavior of its members, and speaking in the organizational field is the process by which people gradually acquire aspects of attitude, behavior and values that are understood and accepted. For the new employee.
