A bike, because then all the money he has saved for a car can go into a super raw bike that he can trick out and it will last longer as well as save him money.
Hey Friend.
A is the answer.
Current liability represent debts that will be repaid within a year. e. g. Accounts payable (creditor), bank overdraft, expenses owing, prepaid revenue.
Answer:
Net Asset Value of the fund = $377.6 million
Explanation:
Net Asset Value 9NAV) is the value per share in a portfolio.
Provided information,
All Star Basic Value Fund value = $386.2 million
Liabilities of fund = $8.6 million
Net Asset Value = $386.2 - $8.6 = $377.6 million
Net Asset Value per share = 
Therefore, Net Asset Value of the fund = $377.6 million
And NAV per share = $20.30
Answer:
C. $120m
Explanation:
As per the given situation,
the calculation of the ended year the preferred stock is shown below:
Ending preferred stock balance
= Beginning balance of preferred stock + new issuance of preferred stock
= $100 million + $20 million
= $120 million
Therefore, for computing the ending preferred stock balance we simply applied the above formula and ignore all other values as they are not relevant. So the correct answer is C.
Answer:
Next year
Explanation:
Since in the question, it is given that the only the corporate shareholder sells all of its shares to Bill Brady who is an individual and on the current year too early filed the S corporation status
Now the TooEarly will be eligible for the next year as the TooEarly has a non-qualified shareholder but the S corporation treatment is available for the following year