Answer:
$1,194
Explanation:
The buying price of the shares was $12,780
The selling price was $7 dollars for each.
The total amount realized is 2000 share x $ 7
=$14,000
The commission paid is $26
Net amount obtained is $14,000 -$26
=$13,974
Profit will be $13,974 -$12,780
=$1,194
Answer:
A. Machine
Explanation:
There are various categorisations of entrepreneurs based on their characters, abilities and strategies among others. However,the founder institute developed a new categorisation for entrepreneurs by testing about 30,000 entrepreneurs including known names like Steve Jobs and Elon Musk and categorising them based on their priorities and qualities into the following: Hustler, Prodigy, Visionary, Innovator, Strategist and Machine.
Machine Category: This represents entrepreneurs who maintain a high level of focus getting things done. They simply focus on the task ahead of them and get them done. They are very concerned about efficiency and effective delivery of their tasks. Lin simply became very good at what she was doing by being dedicated to the tasks ahead of her.
Other Categories
Hustlers- they can sell anything and get into the promotion and sales of all manner of products and services
Prodigy - The excel in business with innate business instinct and sense, their strong intellects and social skills ensures their success
Visionary - Combines innovation with enthusiasm and is capable of carrying the masses along in these innovations as a result of the energy committed
Innovator- Always looking forward to improving on old ideas and find new ways of doing things. They are challenged by change
Strategist- Always looking at how to achieve long term goals, very tactical and calculating.
Answer:
$39,000
Explanation:
This can be calculated as follows:
Charitable contribution to carry forward = Contribution to church + Contribution to qualified charities + Half of the fair market value of contributed religious artwork
Therefore, we have:
Charitable contribution carry forward = $6,000 + $3,000 + ($60,000 ÷ 2) = $39,000
Therefore, the amount of the charitable contribution carry forward beyond the current year for Gina Hestopolis is $39,000.
Answer:
$3,270
Explanation:
Inventory should be value at lower of cost and market value.
Bottles of CleanZ:
Cost of inventory = Bottles of CleanZ × Price per bottle
= 370 × $3
= $1,110
Market value of inventory:
= Bottles of CleanZ × Market value per bottle
= 370 × $3.20 per bottle
= $1,184
Lowest of cost and market value of inventory is $1,110.
Boxes of DyeZ:
Cost of inventory = Boxes of DyeZ × Price per box
= 270 × $10
= $2,700
Market value of inventory:
= Boxes of DyeZ × Market value per box
= 270 × $8 per box
= $2,160
Lowest of cost and market value of inventory is $2,160.
Therefore, the DyeZ. CurlZ should report its inventory at:
= Lowest of cost and market value of inventor for (CleanZ + DyeZ)
= $1,110 + $2,160
= $3,270