Answer:
the investor must file a 13D report with the SEC.
Explanation:
Any investor that holds more than 5% of the outstanding stocks of a publicly traded corporation must file a 13D report. The investor is classified as a beneficial owner by the Securities and Exchange Commission (SEC) since their influence and voting power in the corporation are very large. It must be filed within 10 days of the transaction that resulted in more than 5% in the corporation.
Answer:
Break even point
Explanation:
The break even point is the number of units a company must sell such that total revenue equals the total cost. The total cost is usually made of the fixed and variable components.
The number of units required to break even ( that is to make no loss nor gain) is a factor that determines the total sales and the variable cost. It however may not affect the fixed cost.
NO. Consolidated has not tendered delivery.
<span>Tender of delivery means that the seller offers the goods to the buyer by putting or holding them at the disposition of the buyer. Seller also gives the buyer some notification reasonably necessary for taking delivery.
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In this case, Oscar is open 6 am to 8 pm daily. Delivery arrived at 10 pm where no one is there to accept the delivery. Only until Oscar or anybody that is authorized by Oscar to accept delivery is actually in the premises to receive the goods being delivery will Consolidated be able to tender delivery.
Answer:
steelersssss all the way babyyyy
Explanation:
Answer:
Journals :
Land $350,000 (debit)
Building $100,000 (debit)
Mortgage Payable $450,000 (credit)
Explanation:
The Land and Building is Initially measured at cost of acquisition not the fair market value. The cost of Acquisition in this case is the Present Value of the Mortgage Payable used to obtain the Property.
Step 1
Use the Time Value of Money Techniques to find the Present Value of the Mortgage.
Calculation of Present Value of the Mortgage
N = 20 × 12 = 240
P/YR = 12
PMT = - $3,488.85
I = 7 %
FV = $ 0
PV = ?
Using a Financial Calculator to Input the Values as above, the Present Value of the Mortgage will be $450,000.
Step 2
When Recording, apportion the Land and Building costs using their fair market value.
Land $350,000 (debit)
Building $100,000 (debit)
Mortgage Payable $450,000 (credit)
