Answer:
-$3,000
Explanation:
Data provided in the given question:-
bonds payable = $10,000
unamortized discount = $2,000
purchased bonds = $11,000
The computation of the consolidated gain or loss on a consolidated income statement for 2018 is given below :-
= (bonds payable - unamortized discount) - purchased bonds
= ($10,000 - $2,000) - $11,000
= $8,000 - $11,000
= -$3,000
Answer:
Explanation:
For each transaction, you add to the previous balance to keep a running total.
The appropriate response is the voice-of-customer. The "voice of the customer" is a procedure used to catch the prerequisites/criticism from the client (inward or outer) to give the clients the best in class benefit/item quality. This procedure is about being proactive and always imaginative to catch the changing necessities of the clients with time.
Answer:
Don't take part in the foolishness that is the stock market and you don't have to worry about the crash.
Explanation:
Investing in the stocks has its upsides but it also has a lot of downsides and in the end you will lose a lot of money dealing with crooks.
Answer:
Using the gross profit method, the cost of goods sold would be:
$42,500
Explanation:
Gross margin ratio of the company is 15%. Refer the formula:
Gross margin = Gross profit/Revenue (or net sales)
= (Net sales- Cost of good sold)/Net sales
Using the gross profit method and from the formula,
Cost of good sold = Net sales - Net sales x Gross margin
= Net sales x (1 - Gross margin)
= $50,000 x (1-0.15) = $50,000 x 0.85 = $42,500
