The answer would be true. The reason for that is because excel automatically saves what you added on the sheet.
0.08x+0.085 (10000-x)=842.50
Solve for x
X= 1500 invested at 8%
10000-1500=8,500 at 8.5%
Thomas Robert Malthus is the economist who supported it the most
Answer:
$12,000
Explanation:
According to the accrual accounting method, the reporting of the transactions should be performed on an accrual basis which means whether or not the payment is paid but it is reported in the account books.
The revenue should be recorded when it is earned or realized and the expenses are recorded when it is incurred
So, in the given scenario, the amount based on accrual basis sales would be
= Goliath sold goods to customers on account + Goliath also sold goods to customers for cash
= $10,000 + $2,000
= $12,000
Answer:
$4,000 gain
Explanation:
The computation of the tom income or loss is shown below:
= Number of shares × (market price sold - fair value of share price)
= 2,000 shares × ($12 per share - $10 per share)
= $4,000 gain
This is the answer and the same is not provided in the given options.
We simply take the difference between the market price sold and the fair value of share price and then multiply it by the number of shares so that the correct amount can come
All other information which is given is not relevant. Hence, ignored it
