Answer:
1. Journalize the transactions for Rose's investment in Sprouts' stock:
<u>March 1 2018</u>
Dr Trading securities - Sprouts's stock 12,000
Cr Cash 12,000
(to record the purchase of Sprout's stock)
<u>October 1 2018</u>
Dr Cash 350
Cr Dividend Income 350
(to record the dividend receipt from Sprout's stock)
<u>October 31 2018</u>
Dr Cash 12,250
Cr Gain on disposal of short-term investment 250
Cr Trading securities - Sprouts's stock 12,000
(to record disposal of Sprout's stock)
2. Net effect of the investment on Rose's net income for the year ended December 31, 2018: $600.
Explanation:
1. As this investment is short-term investment and is held for sell, fair value methodology should be applied to record this transaction. The detailed journal entries are as in answer part.
2. As fair value methodology is applied, the net income of Rose will include: dividend income + gain on disposal of short-term investment = $350 + $250 = $600.
Answer:
The correct answer to this question is A) with the addition of 11th worker , the marginal profit ( for 11th worker ) of Rosie's flower shop would be $500.
Explanation:
Marginal profit can be defined as the additional amount of profit that a company earns because of an additional unit that had been produced.
Here we can calculate what marginal profit would be for the 11th worker as-
Workers Selling price Cost price Profit
10 $7500 (500 x $15) $4000 (10 x $400) $3500
11 $8400 (560 x $15) $4400 (11 x $400) $4000
So from the given above information we can say that if we take out the marginal profit for 11th worker it would be $500 ( $4000 - $3500 ).
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<h3>What is statistical analysis?</h3>
Statistical analysis can be defined as the process in which data or information are collected, evaluated and analyze so as to effectively discover patterns as well as trend.
Statistical analysis play a major role as they help to interpret data.
Therefore You'll rely very heavily on <u> </u><u>statistical </u><u>analysis</u> .
Learn more about Statistical analysis here:brainly.com/question/14724376
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