Answer:
No gain or loss.
Explanation:
Given:
Amount of spice mixture = 470 pound
Current price = $2.35 per pound
Future price = $2.73 per pound
Computation:
We know that, Future price of spice mixture is higher than current price of spices.
But contract price is fixed at $2.35.
Therefore, no gain or loss will be recognized.
To get this answer you can simply move the decimal over one.
Or you can multiple 5.30 *0.10 = 0.53
So you can then subtract 0.53 from 5.30 to get the answer of:
$4.77
Answer:
His taxable income for 2019 is $4,740
Explanation:
In order to calculate his taxable income for 2019 first we have to calculate the following:
First we have calculate the sum of the total income (earned and unearned)=$5,090+ $890=$5,980
Taxable income for 2019=total income-Higher of the following two:a. $1,000 or b. $890+$350
Therefore, Taxable income for 2019=$5,980-$1,240
=$4,740
His taxable income for 2019 is $4,740
Answer:
The current ratio is 2.98
Explanation:
total current assets = cash + receivables + inventory + other current assets
= $102 million + 94 million + 182 million + 18 million
= $396 million
total current liabilities = accounts payable + current portion of long term debt
= $98 million + $35 million
= $133 million
current ratio = current assets/current liabilities
= [$396 million]/[$133 million]
= 2.98
Therefore, The current ratio is 2.98
The u.s. department of veterans affairs used the waterfall software development approach would likely have benefit because it offers wide variety to accommodate and collect data.
Software upgradation in an organisation is a bit difficult and managing them individually according to the departments and an integrated software can only accommodate and collect data properly.
The development approach here also signifies a good team of people who can actually apply software development techniques that can easily be used by everyone in the firm.
To learn more about development approach here,
brainly.com/question/4326945
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