Answer:
The answer is $11.904.762
There an assumption about Depreciation, Amortization and Interest, it says increase by 10% over which there is no data to calculate,so It's used 10% of sales.
Explanation:
Income Statement
Sales $11.904.762
Cost of goods sold -$6.547.619
Gross Profit $5.357.143
depreciation, amortization and Interest -$1.190.476
Net Income BEFORE Taxes $4.166.667
Tax RATE 40% -$1.666.667
Net Income after Taxes $2.500.000
“KID WHY U DO THAT?”, “Are you gay or something?” And “Did u just cus me out?” just to name a few
Since the transaction was on account basis, the journal entry will be:
debit accounts receivable for $625
credit sales $625
the account title accounts receivable was used because the debtor didn't pay for the merchandise and the sales account was used because the company gain income from that transaction.
The difference in the resulting change in checkable deposits when the required reserve ratio is 12.5 percent is $16 billion.
<h3>Difference in the resulting change </h3>
Using this formula
Difference in the resulting change=(Increase in reserve/required reserved ratio of 10%)-(Increase in reserve/required reserved ratio of 12.5%)
Let plug in the formula
Difference in the resulting change=($8 billion/0.10)-($8 billion/0.125)
Difference in the resulting change =$80 billion-$64 billion
Difference in the resulting change=$16 billion
Therefore the difference in the resulting change in checkable deposits when the required reserve ratio is 12.5 percent is $16 billion.
Learn more about Difference in the resulting change here:brainly.com/question/18881247
Answer:
$500
Explanation:
Data given in the question
Tax basis = $400
Fair market value = $500
Under section 351, the fair market value = $350
Liability on the property transferred = $150
So, by considering the above information the amount realized in the exchange is
= Fair market value under section 351 + liability on the property transferred
= $350 + $150
= $500