Answer:
$27 million
Explanation:
Calculation to determine what Martin's 2021 pretax earnings will be reduced by:
Cash $153 million
($15 x 12 million x 85%)
Compensation expense $27 million
($15 x 12 million x 15%)
Common stock $180 million
($15 x 12 million)
Therefore Martin's 2021 pretax earnings will be reduced by:$27 million
Answer:
Foreign direct investment
Explanation:
Foreign direct investment (FDI) refers to a situation where a firm from country A invests in business in country B. Generally speaking FDI takes place when a firm acquires at least 10% of a business in another country.
In this case Dragon Autos is a company that is based in Bear Island (country A) that is investing $300,000 in the country of Westerland (country B).
FDI amounts to $253.6 billion in the US economy.
Answer:
The answer is "The both cash book is used to store transactions are recorded"
Explanation:
Single and Double column cash book:
- A single column cash book is also known as a basic cash book, which is primarily used to record a business cash transactions (both debit and credit sides), it has only a single cash column titled "number" that is annually counted and balanced like that of a T-account.
- A double columns cash book is also known as the two columns cash book, which is used to store both debit, credit, and discount sides, in which one for reporting money transfers and another for recording bank transactions.
