Answer: Option (B) is correct.
Explanation:
Net sales = Gross sales - Sale return
= $3,600,000 - 34,000
= $3,566,000
Gross profit = Net sales - COGS
= $3,566,000 - $1,200,000
= $2,366,000
Total Income = Gross profit - S& A expense - Prior period expense + Gain on sale of securities + Gain on disposal of business segment
= $2,366,000 - $500,000 - $59,000 + $8,000 + $4,000
= $1,819,000
Net Income for Year 2 = Total Income - [email protected]%
= $1,819,000 - $545,700
= $1,273,300
Answer: You need to subtract the following then add what you have left.
Explanation: For example if you had $300 and you spent 200 you have $100 left
Because it pays a higher rate of interest.
A savings account is better than a checking account for saving money because they normally pay a higher interest rate than a checking account. Quite often, a checking account will not pay any interest at all.
The typical ideal risky investment offers a higher returns and lower liquidity than other investments
Risky investment are investment which has the property of being risky and usually take long period of time to start yielding higher return for the investors.
Example of Risky investment includes Options, Futures, Stocks Investments, Equity, and other Capital market instruments etc
The advantage of risky investment is that the yield on return are very higher than non-risky investment such as Money market
The disadvantage of the investment is that its offer lower liquidity, that is, the rate at which the investment can be converted back to cash is very slow.
Therefore, the Option B is correct because Risky investment offers higher returns and lower liquidity than other investments.
Learn more about Risky investment here
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Answer:
Organizational behavior is the academic study of how people act inside of groups. Its principles are applied primarily in attempts to make businesses work more efficiently
