Answer:
Investor
Explanation:
A stock is a speculation. At the point when you buy an organization's stock, you're buying a little bit of that organization, called an offer. Investors buy stocks in organizations they think will go up in esteem. On the off chance that that occurs, the organization's stock increments in esteem also.
Investor is a person who purchase shares of a company in the market.
The answer is your last option: lower-level managers. Hope I helped! :)
Answer:
Net income 167,800
Explanation:
The net income will be determinate by the difference of the revenues and revenues:
Service revenue 300,000
Salaries expense 81,000
Rent expense 48,000
Utilities expense 3,200
Total expenses <u> 132,200 </u>
Net income 167,800
If provided with a tax rate, that value would be the earnigns before taxes (EBT)
We should also calculate the income tax and then, subtract the income tax to get the net income
Answer:
Entry is given below
Explanation:
Bought shares 6 months ago = 400shares x $60/share
Bought shares 6 months ago = $24,000
Sold shares = 400shares x $40/share
Sold shares = $16,000
Loss on sales proceeds = $24,000 - $16,000
Loss on sales proceeds = $8,000
Entry:
DEBIT CREDIT
Cash $16,000
Loss on sale $8,000
Shares $24,000
Answer:
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