If Buchi owns several financial instruments: stocks issued by seven different companies, plus bonds issued by four different companies, her investments are best described as a PORTFOLIO
A range of investments owned by an individual is termed a portfolio.
For instance, when an individual owns different stocks, bonds, and businesses in diverse companies, such an individual is known to have a portfolio.
Portfolios are important for long-term financial goals even though the returns on such portfolios are not immediate.
According to the question, if Buchi owns several financial instruments: stocks issued by seven different companies, plus bonds issued by four different companies, her investments are best described as a PORTFOLIO
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Answer: $214000
Explanation:
The amount of goodwill that should be recognized by Carla Vista Company when recording the purchase of Sandhill Company will go thus:
Book value of net assets = $1923000
Add: Excess fair value of tangible asset = $190500
Add: Excess fair value of intangible assets = $142500
Fair value of net assets = $1923000 + $190500 + $142500 = $2256000
Therefore, Goodwill will be:
=Cash paid for purchase - Fair value of net assets
= $2470000 - $2256000
= $214000
Answer:
<u>Transactions:</u>
1. June 1 Monthly invests $3, 910 cash in exchange for shares of common stock in a small welding business.
2. June 2 Purchases equipment on account for 340.
3. June 3 $760 cash is paid to landlord for June rent.
4. June 12 Bills P. Leonard $410 after completing welding work done on account.
<u>Journal Entries:</u>
1.
June 1 Dr. Cr.
Investment $3,910
Cash $3,910
2.
June 2 Dr. Cr.
Equipment $340
Account Payable $340
3.
June 3 Dr. Cr.
Rent Expense $3,760
Cash $3,760
4.
June 12 Dr. Cr.
P. Leonard (Receivable) $410
Welding Service Revenue $410
Answer: Jordan's recognized gain in the year of sale is $2500.
Explanation:
Given that,
Jordan inherited 10 shares of universal corp. stock upon her grandfather's death and have a fair market value of $5000
Jordan's grandfather purchase these shares in 1995 for $2500
After four months of her grandfather's death, Jordan sold all of the shares for $7500
So,
Jordan's recognized gain in the year of sale = the value of sale - the fair market value at the time of her grandfather's death
= $7500 - $5000
= $2500
<span>Gavina places products in several of the marketing channel categories. Two examples of this are placement in mcdonald's in a time utility category and placement in costco in the place utility category.
McDonald's falls under the time utility category because they streamline their services by making the ordering process to leaving with food as fast as possible. Those people wanting to save time and/or get the most value for their time often pick a fast food chain.
Cosco is an ample of place utility because they group together large quantities of </span>items that many consumers want into one place. By doing this, they allow the buyer more options in one place making items more easily accessible.
