Answer:
The capital gain of the TIPS in dollars is $27.69
Explanation:
Given
CPI = 200.5 (Beginning of the Year)
CPI = 195.4 (End of the year)
% = 2.75
CPI Reference = 184.2
CPI Reference of 184.2 = $1,000 rate
Capital Gain is calculated by the difference in value at the end of the year value and at the beginning of the year.
End of the year value = 200.5/184.2 * ($1000)
End of the year value = $1088.49
Beginning of the year value =
= 195.4/184.2 * ($1,000)
Beginning of the year value = $1060.80
Capital Gain =$1,088.49 - $1,060.80
Capital Gain = $27.69
Answer:
You need to get more points so you can ask questions.
Explanation:
You can do this by answering other people's questions
Answer:
Cost of goods manufactured = Total manufacturing costs + Beginning work in process inventory – Ending work in process inventory
Explanation:
Cost of goods sold is the total direct costs of producing the goods sold by a company.
Cost of goods sold = cost of direct materials + cost of direct labour + Manufacturing Overhead + Beginning work in process inventory – Ending work in process inventory
Answer:
A standard unmodified opinion.
Explanation:
When a note to the financial statements of the First Security Bank indicates that the company self insures itself for the first $500,000 of liability to employees, with liability insurance for the remainder. Based upon this, one would expect the auditors' report to express a standard unmodified opinion.
A standard unmodified opinion is an opinion where financial statements are presented free of any misinterpretation, in all material respects, in accordance with standards known as Generally Accepted Accounting Principles (GAAP) to provide a high level of assurance.
The standard unmodified opinion comprises of report title, audit report address, introduction paragraph, managements responsibility, auditor's responsibility, opinion paragraph, audit report date and signature and address of certified public accountant firm.
B) College attended, grades, etc.
