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3 years ago

Please help

Business

1 answer:

igor_vitrenko [27]3 years ago

6 0

Answer:

B. $6281

Explanation:

If line 10 and line 11 are the same, the taxpayer will neither receive a refund nor owe additional taxes. Therefore, if line 10 is $6281, line 11 must be the same.

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Assume the following adjustment data.

Lunna [17]

Answer:

Adjusting Entries

Date Accounts titles and Explanation Debit Credit

1. Supplies expense $500

Supplies expense $500

2. Insurance expense $300

Prepaid Insurance $300

3. Depreciation expense $ 70

Accumulated depreciation $70

- equipment

4. Unearned service revenue $500

Service revenue $500

5. Accounts receivable $200

Service revenue $200

6. Interest expense $90

Interest payable $90

7. Salaries and wages expense $1,700

Salaries and wages payable $1,700

8 0

3 years ago

If the minority price for a single share of stock of a company is $20, if there are 500 thousand shares of stock, and a person o

KATRIN_1 [288]

Answer:

$4,500,000

Explanation:

current market price per stock $20

total stocks outstanding 500,000

corporation's total value = 500,000 x $20 = $10,000,000

investor's offer to purchase 100% at $14,500,000

controlling interest premium = $14,500,000 - $10,000,000 = $4,500,000

new price per stock = $14,500,000 / 500,000 = $29

The controlling interest premium equals the difference between the current market price of the stock and the purchase offer.

8 0

3 years ago

In August, one of the processing departments at Tsuzuki Corporation had beginning work in process inventory of $24,000 and endin

Ipatiy [6.2K]

Answer:

b. $307,000

Explanation:

Costs to be accounted in cost reconciliation report = Opening balance of work in process + Cost of production added during the month

= $24,000 + $283,000

= $307,000

Cost reconciliation report shows what costs need to be accounted for in a month and the manner in which they are actually accounted for.

It is a step in preparation of production report which shows how beginning work in process inventory and the costs which are added to production during the period are recorded.

Hence in cost reconciliation report pertaining to the month of Aug, opening work in process and costs added to production during the month are recorded.

3 0

3 years ago

In which situation is it acceptable for an it professional to access corporate secrets?

NNADVOKAT [17]

Answer:

the answer you have now is correct.

3 0

3 years ago

You consider buying a share of stock at a price of $21. The stock is expected to pay a dividend of $2.04 next year, and your adv

just olya [345]

Answer:

E. None of the above

Explanation:

First we need to calculate the holding period return

Holding period return is the rate of return which an assets earns during the period in which it holds the assets.

Holding Period Return = (Selling Price - Initial Price + Dividend ) / Initial Price

Holding Period Return = ($24 - $21 + $2.04 ) / $21 = 0.24 = 24%

Now we need to calculate the expected return on the stock using CAPM formula as follow

Expected return = Risk free rate + Beta ( Market Risk Premium )

Expected return = rf + beta ( E(rm) )

Placing values in the formula

Expected return = 8% + 1.2 ( 16% )

Expected return = 27.2%

Abnormal return is the difference of Holding period return and expected return

Abnormal return = 27.2% - 24% = 3.2%

4 0

3 years ago