Answer:
$76,640
Explanation:
The solution of profit attributable to the non-controlling interest is provided below:-
Percentage of equity share capital = 100% - Equity share capital percentage
= 100% - 60%
= 40%
As we know that if profit percentage is 25% on cost so sale percentage is equals to 20%
So,
Profit on sale value = Sale percentage × Sale value
= 20% × $60,000
= $8,400
now,
Total adjust profit = Profit after tax - Unrealized profit on unsold stock
= $200,000 - $8,400
= $191,600
and, after the total adjust profit finally
Profit attributable to the non-controlling interest = Total adjust profit × Percentage of equity share capital
= $191,600 × 40%
= $76,640
Answer:
$524,000
Explanation:
Gross profit = revenue - costs of goods sold
For the Intramural Sports Club, revenue = $892,000.
Finding the cost of goods sold COGS
Inventory turnover = COGS/ average inventory
inventory turnover=4.6
Average inventory = beginning plus closing inventory /2
in this case, average inventory =$160,000/2
=$80,000
Therefor, 4.6 = COGS/ $80,000
COGS = $80,000 x 4.6
COGS =$368,000
Gross profits= $892,000- $368,000
Gross profit =$524,000
<u>Answer:</u>
<em>Cameron is the sales director for his Northeast company's region. He's a rehional sales director.</em>
<u>Explanation:</u>
A Regional Sales Director is in charge of the closeout of a business' items or administrations in a predetermined district or geological region. The provincial project supervisor gives progressing backing to disseminate and create to item or administration.
Furthermore, the territorial project lead deals with a business group in the predefined zone. Subsequently, Cameron is the local deals Director.
Answer:
Bank of America (NYSE:BAC) has had its fair share of missteps over the past decade, but it's also had successes. Topping the list for the latter is the progress it's made in mobile banking, which has enabled the bank to slash operating expenses in its consumer banking segment.
You can get a sense for Bank of America's success in this regard by looking at the number of people who use its mobile application. In the most recent quarter, the bank boasted 19.6 million active mobile users. That's five times the number it had in 2009. To put this in perspective, Bank of America has 60 million total clients within 45 million households.
The impact on Bank of America's transaction mix has been dramatic. Mobile check deposits are up by a factor of 10 since 2012, and now account for 16% of all deposit transactions at the North Carolina-based bank. If you also factor in ATM transactions, two-thirds of Bank of America's deposit transactions are now automated. That compares to only 35% in 2009.
Explanation: