Answer:
$ 8500 paid by the university
Explanation:
The dormitory fees are recorded as part of his gross income because it is a payments given to his services rendered which was counseling freshman on campus living. The dormitory fees gotten can be taxed for this reason unlike the scholarships received for tuition, fees, books can be excluded from gross income as they are required for the student courses.
Answer:
matched as below
Explanation:
A. An agreement to purchase the stated material, for the stated price, under the stated terms..<u>.Customer Purchase Order.</u>
A purchase order represents instructions contained in an order document given out by a customer to business to deliver the goods specified in the order. The customer has committed to buy the goods stated in the order. A customer will prepare a Customer purchase order based on a quotation provided by a business.
B. It spells out the availability and prices of the materials specified in the inquiry. It is prepared by the sales department. ..<u>Quotation.</u>
A quotation is a document prepared by a company detailing the availability of specified good or services and their prices. A quotation will be issued in response to an inquiry from a customer. The sales department prepares the document in consultations with the stores department.
C. A request for information about the availability and prices of the products that a customer is interested in...<u>Customer Inquiry</u>.
A Customer Inquiry is a document that specifies items or services that customer would wish to buy from the business. The customer seeks to know if the company deals with specific products, their prices and availability.
Answer:
1.25
Explanation:
The Capital Asset Pricing model will be used
ße = ßa × [Ve + Vd(1 – T)] / Ve
Here
ße = 1.08
Ve = Value of equity $50 million
Vd = Value of debt $10 million
T is tax rate which is 21%.
By putting the values, we have:
ße = 1.08 × [50 + 10(1 – 21%)] / 50
ße = 1.25
The beta equity of Chocolate Cookie is 1.25 which shows higher risk than average risk.
Answer:
Strategic Groups of Competitors
Explanation:
These are business competitors, maybe firms or companies that have a similar business model.In this view, such competitors apply same strategies and plans when running their operations.These competitors might have similar business objectives and goals.A good examples is when two companies focus on activities to sustain competitive advantages thus they can apply a similar model when breaking down the market.
Answer:
$72,200
Explanation:
For computing the amount included in the income statement as an investment we need to applied the equity method which is shown below:
= Earned amount × given percentage
= $361,000 × 20%
= $72,200
We simply multiply the earned amount by Nash with the acquiring percentage i.e 20% so that the amount could come and the same is to be included in the income statement