D. There is a maximum yearly contribution limit
Answer:
c. $57,100
Explanation:
The computation of the value of Jennifer’s Boutique to Sally is shown below:
= (Number of shares outstanding × market price per share) + (incremental value of the acquisition)
= 2,100 shares ×$26 + $2,500
= $54,600 + $2,500
= $57,100
We simply find out the market value and then added it to the incremental value of the acquisition
All other information which is given is not relevant. Hence, ignored it
Answer:
Nil
Explanation:
On receipt of the amount, the entries to be posted would be;
Debit cash account $27,000
Credit deferred revenue $27,000
Being entries to recognize cash received in advance for rental income.
As such, no rental income was earned in 2019. Amount to be included in Ral's taxable income for rent revenue is nil.
Answer:
related diversification
Explanation:
Since disney has generated the various merchandise that is connected to each other it could be range from clothing to electronics to household times
Here it would represent the related diversification as the products are diversified either introduce a new product or change in the old products
So this growth strategy would be considered in the given case