Honestly I would say being an entrepreneur is the most complex and difficult to form, especially if you're trying to build from the ground up it can take a matter of 4-5 maybe more years, this isn't a "answer" ore of an "opinion."
Hope this helped though!
Answer:
The answer is $4,800
Explanation:
200 shares was sold short at $60 per share with initial margin of 60 percent.
200 shares x $60 per share x (1 - 0.6)
=$12,009 x 0.4
$4,800
The initial investment is therefore, $4,800(four thousand and eight hundred dollars)
A stepping stone towards a future education is when the student graduates from high school and got his or her diploma. This is the turning point where he or she will start on choosing the path of their careers and start on this careers in the betterment of the country and future education that they will learn as they step high.
Answer:
AP North Company
Income statement for the year ended December 31, 2020
Amount in $'000
Sales 2,250
Cost of goods sold <u> 1,250</u>
Gross profit 1,000
Operating expenses
Selling and administrative expenses (300)
Non- Operating or others
Interest expense <u> (10) </u>
Net Income/(loss) before income taxes 690
Income taxes <u> (200)</u>
Net Income/(loss) after income taxes <u> 490 </u>
Explanation:
A multi-step income statement is one in which the elements of incomes and expenses are grouped into operating and non-operating heads.
Operating income and expenses are those that are directly related to the ordinary activities of the entity.
Answer:
Total purchase value (Cost basis) = $105,770
Explanation:
Given:
Appraisal value = $132,970
Offer price = $154,091
Cash amount = $30,971
Notes payable = $22,282
Mortgage amount = $52,517
Find:
Total purchase value (Cost basis)
Computation:
Total purchase value (Cost basis) = Cash + Notes payable + Mortgage amount
Total purchase value (Cost basis) = $30,971 + $22,282 + $52,517
Total purchase value (Cost basis) = $105,770