Answer:
Explanation:
Date. Description/Account. Debit. Credit.
1/1/2020. Unearned Compensation. $69,000
Paid - in Capital in Excess of Par. $69,000
Common stock. $10,000
12/31/2020 Compensation Expense. $23,000
Unearned Compensation. $23,000
Answer:
Rate of return is 13.2%
Explanation:
Rate of Return is the actual return that an investor receives from an investment in asset during a specific period of time. If the investment is made in the stocks, It includes the dividend received and the price change of the stock.
Total return Received = Dividend + Price change = $1.87 + ($37.75 - 35 ) = $4.62
Rate of Return = Total return During the period / Initial Price of the stock
Rate of Return = $4.62 / $35 = 0.132 = 13.2%
Answer:
Sales revenue= $1,881,600
Explanation:
Giving the following information:
Deer estimates it will sell 10,000 units during the first quarter of 2016 with a 12% increase in sales each quarter. Each surfboard costs $100 and is sold for $150.
Sales:
First quarter= 10,000
Second quarter= 10,000*1.12= 11,200
Third quarter= 11,200*1.12= 12,544
Sales revenue= 12,544*150= $1,881,600
Different companies purchase capital.
