Answer:
Hey mate.....
Explanation:
This is ur answer......
<em>Different vegetable grows in the different environment. A vegetable that can adjust to all kind of temperature is the seasonal vegetable. A vegetable which is grown in any season using technology is an off-season vegetable.</em>
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Answer:
$0
Explanation:
This transaction classifies as a § 351 exchange since Mr. Bass is exchanging his asset for 100% of Corporation C's stock.
§ 351 establishes that no gain or loss must be recognized when property is transferred in exchange for stock in a corporation. In order for this exchange to classify as § 351, the new stockholder must assume immediate control of the corporation as established by § 368 (c). This means that at least 80% of the stocks must be exchanged.
The amount of income earned per share of a company's outstanding common stock is known as <u>Earnings per share</u><u> or </u><u>EPS</u>.
EPS indicates the corporation's profitability by displaying how plenty cash a commercial enterprise makes for each percentage of its inventory. The EPS parent is decided with the aid of dividing the employer's internet profit via its fantastic shares of common inventory. But, it's miles taken into consideration the higher the EPS range, the greater profitability of the organization.
Income in line with percentage is calculated by dividing the business enterprise's total income via the full range of shares top-notch. The system is straightforward: EPS = overall earnings / remarkable stocks. General income is the same as internet earnings on the profits statement. it's also referred to as profit.
Profits according to share is the economic price of income in step with a super share of common stock for an employer. It is a key measure of corporate profitability and is generally used to fee shares.
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Answer:
1. $360.51
2. 9.38%
Explanation:
1. Calculation for What is the monthly loan payment
Based on the information given we would be
Using TVM financial calculator to find the monthly loan payment
PMT = [PV = $20,000, FV = 0, N = 72 months, I = 0.09/12]
PMT = $360.51
Therefore the monthly loan payment will be $360.51
2. Calculation for the loan's EFF%
EFF%= (1 + 0.09/12)^12 - 1
EFF% = 9.38%
Therefore the loan's EFF% will be 9.38%
Answer:
Felix Incorporated
Exchange of Preferred Stock for Land:
Journal Entries:
Debit Land $90,000
Credit Preferred Stock $81,250
Credit Additional Paid-in Capital - Preferred Stock $8,750
To record the issue of 1,250 of $65 par-value preferred stock for land with a fair price of $90,000.
Explanation:
Felix Incorporated will debit Land with the fair price of $90,000 and Credit the Preferred Stock account with $81,250 (1,250 x $65) at par-value. The difference between the fair price of land and the preferred stock at par-value is credited to additional paid-in capital account for preferred stock. Felix Incorporated cannot take into account the current market value of the stock at $75 in its accounting records. The current share price of $75 is for the benefit of investors, and can only serve as basis for Felix Incorporated to decide transactions with potential investors.