Answer:
1. $20,000.
Explanation:
unrealized holding loss = Aggregate cost - Aggregate fair value
= 180,000 - 160,000
= ($20,000) Loss
Therefore, The amount that Valet should report in its 2018 income statement for unrealized holding loss is $20,000.
The type of account that is typically the most liquid is the one that could be easily converted into Cash within short period of time. Such as : Checking Account. In order to turn Checking account into cash, you just have to bring it to the bank
The proportion of working adults to retirees, which is
expected to rise dramatically as the baby boomers retire, is called the
old-age dependency ratio.
To add, old-age dependency ratio is <span>the ratio between the number of persons aged 65
and over (age when they are generally economically inactive) and the number of
persons aged between 15 and 64.</span>
Answer:
B. $1,989.75
Explanation:
Cost of option (C) = $510.25
Option selling price (Po) = $85 per share
Share price when selling (Ps) = $60 per share
Number of shares (n) = 100 shares
Since the option allows you to sell shares that are valued at $60 for at $85 each, by selling 100 shares, your total earnings are:
To find the pre-tax net profit (P), subtract the amount paid for the options from your earnings:
Answer:
Explanation:
In the income statement, the total revenues and the total expenses are recorded.
If the total revenues are more than the total expenditure then the company earns net income
And, If the total revenues are less than the total expenditure then the company have a net loss
This net income or net loss would reflect in the statement of the retained earning account.
The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below: