This contract is predominantly for a sale of goods.
Answer: An unrealized gain, $1,500
Explanation: An unrealized gain is a gain that would result from an uncompleted trade, should it be closed. In this question, the value of the securities have gone up to $100,000 but the securities have not been sold yet. The unrealized gain, due to increase in value is $20,000 ($100,000 - $80,000).
However, there is a debit balance of $18,500 in the valuation allowance account. This account is used to offset any asset on which a deferred tax is to be paid, in this case our incomplete trade. The amount therefore has to be subtracted from the unrealized gain, leaving Bargain Company with $1,500 gain ($20,000 - $18,500).
An unrealized loss stems from a decline in value on a transaction that has not been completed yet. The entity or investor would not incur the loss unless they chose to close the deal or transaction while it is still in this state. For instance, while the shares in the above example remain unsold, the loss has not taken effect. It is only after the assets are transferred does that loss become substantiated. Waiting for the investment to recoup those declines could result in the unrealized loss being erased, or becoming a profit.
Answer:
iv. time series data
Explanation:
a quantitative data set is comprised of data which involves numeric value or some quantity .
a nominal-level data set does not involve any specific value or quantity . These data can not be measured or it can not be put in any order.
a discrete data set : quantitative data may be of two types. 1) continuous 2 ) discrete . Discrete data are separated fro each other .
time series data : These data are dependent on time .
The given data belongs to the category " time dependent data "
Answer:
Remember this is your workplaces, if you wouldn't do it in front of your boss, dont do it at all.
Explanation:
It can be very tempting to text or play on your phone while bored at work. It's best to put it away and use it only during lunch.
Answer:
$1.9
Explanation:
The computation of the earning per share is shown below:
Earning per share is
= Net income ÷ Weighted number of oustanding shares
= $380,000 ÷ 200,000 shares
= $1.9
By simply divide the net income from the Weighted number of oustanding shares, the earning per share could be determined
Hence, the earning per share is $1.9