Answer:
they have 25 quarters and 19 nickels
Explanation:
let N = number of nickels
let Q = number of quarters
5N + 25Q = 720
N + Q = 44
N = 44 - Q (now we must replace)
5(44 - Q) + 25Q = 720
220 - 5Q + 25Q = 720
20Q = 720 - 220 = 500
Q = 500 / 20 = 25
N = 44 - 25 = 19
I believe its <span>the preparation of the tax</span>
Answer:
a. Daniel must recognize $300 interest income for 2017 and a $200 gain on the sale of the bond in 2018
Explanation:
Since the interest was collected of $600 and the accrued interest is $300, so the remaining amount $300 reflect the interest income
And, the sale value of the bond is $10,200 without considering the interest collection and its purchase price without considering the accrued interest is $10,000. So, after comparing the purchase price and the sale price the gain of $200 would be determined
$10,200 - $10,000 = $200
Answer:
The correct option is B
Residual income = ($9000)
Explanation:
<em>Residual Income is measure of how much a division or a part of a business is able to generate over and above the company-wide opportunity cost of capital.</em>
A division with a controllable over and margin over and above the cost of fund is evaluated to be profitable .
Residual income = Controllable margin - (cost of capital(%)× operating assets)
Cost of capital = Target ROI
Residual income for Division X
= 36,000 - (15%× 300,000 )
= ($9000)
Answer:
$2.56 per share
Explanation:
The formula to compute the diluted earning per share is shown below:
= (Net income reported - preferred stock dividend) ÷ (Outstanding number of shares + additional shares issued)
= ($3,400,000 - $200,000) ÷ (1,200,000 + 50,000)
= ($3,200,000) ÷ (1,200,000 shares)
= $2.56 per share
We simply divided the net income after deducting the preferred stock dividend and then divided it by the total number of shares