Answer:
$31,000
Explanation:
Given:
Net Proceeds of old house = $266,000
Adjusted basis amount = $235,000
Cost of new house = $198,000
Computation of Capital Gain:
Capital Gain = Selling Price of particular capital - Adjusted basis amount of capital
Capital gain = $266,000 - $235,000 = $31,000
Therefore, capital gain of Elizabeth from sold her home is $31,000
Answer: Debit Interest Receivable and credit Interest Revenue, $2950
Explanation:
Based on the information given in the question, we have to calculate the interest accrued and this will be:
= $590,000 × 6% × 1/12
= $590,000 × 0.06 × 0.08333
= $2949.882
= $2950 approximately
Therefore, the adjusting entry that Sandhill should make on December 31, 2020 will be to:
Debit Interest Receivable and credit Interest Revenue, $2950
Answer:
cash generated from investing activites 9.1 millions
Explanation:
proceeds from investment 31 millions
proceeds from land 14.9 millions
purchase of equipment (24.9 millions)
purchase of patent (11.9 millions)
cash generated from investing activites 9.1 millions
The purcahse of treasury stock
and the sale of treasury stock (own common stock)
should be disclosure in the financing activities
Answer:
The client will receive 2086.5 units per hour.
Explanation:
This question can be solved by rules of three:
Order
20,000 units heparin IV in 250 mL to infuse at 25 units/kg/hr.
So the number of units per hour that the client will receive is 25 multiplied by his weight, in kilograms.
Client weighs 184 lb.
We have to make the conversion of lb to kg.
Each lb is 0.4536 kg.
So the client weight 184*0.4536 = 83.46kg.
How many units per hour will the client receive?
83.46*25 = 2086.5.
The client will receive 2086.5 units per hour.
Answer:
None
Explanation:
Before a bank decides on which interest rate placed on loans given to customers, it will have to be a general agreement between the board of directors in an Annual General Meeting (A.G.M). Or else stated otherwise which is quite rare, interest rates on loans and mortgages are based on a simultaneous agreement. When an interest rate is to be decided for a certain customer, his or her credit scores are evaluated to ascertain the loanee's ability to pay back the loan. When a loanee's credit scores are low, he or she tends to receive a high interest rate on loans and mortgages while when a loanee's credit scores are high, he or she tends to receive a low interest rate on loans and mortgages.
On the case of the client who works in a bank granting the registered representative a mortgage with lower interest rates, this cannot be possible because: first, the client's position in the bank was not clarified and secondly, the registered representative's credit scores will be the evaluation report used by the bank to grant that.
