Answer:
$ 480 000
Explanation:
Assets : $700 000(@ beginning of year )
$100 000 increase (during year )
700 000+100 000=$800 000(@end of year)
Liabilities : $400 000(@ begininng of year )
$80 000 decrease (@ during of year)
400 000-80 000=$320 000 (@end of year)
Asset = Equity + Liability
Amount of owner’s equity at the end of the year (let x = owners equity)
800 000= x + 320 000
x= 800 000 - 320 000=$480 000
The amount of commission charged to a customer to effect a securities transaction <u>must be disclosed on the trade confirmation and is not required to be disclosed prior to executing the transaction</u>.
A commission is a fee paid by a business to a seller in return for services in promoting, directing, or completing a sale. Fees may be based on a flat fee or (more commonly) based on a percentage of revenue generated.
Employers offer commissions to motivate employees, increase productivity, increase sales and attract customers. Sales and marketing jobs in many industries, such as businesses such as automotive and real estate, typically offer commission-based compensation.
If the company earns a sales commission, this is recorded as income on the income statement. If the commission earned is part of the company's core business, it is usually classified as operating income. Otherwise, it is classified as other income.
Learn more about the commission here: brainly.com/question/957886
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Answer:
e. Choice E
Explanation:
Total cost of job no. 764 = $55,000 + $80,000 + 80,000 x 50%
= $175,000
Total Revenue for job no. 764 = $175,000 + $175,000 x 40%
= $245,000
E. Sales Revenue $245,000
Answer:
$105.60
Explanation:
Given: Total dividend paid= $1100000.
Retained earning= $3300000.
Number of outstanding shares= 725000.
PE ratio= 17.4 times.
First finding earning per share.
Formula; 
⇒ 
⇒ 
∴ 
Hence, earning per share (EPS)= $6.07.
Now, finding the appropriate stock price.
Price of stock= 
⇒ Price of stock= 
∴ Price of stock= 
Hence, $105.60 would be the appropriate price of stock.
Answer:
Marginal cost is greater than its average cost.
Explanation:
Given that,
Cost of producing 500 graphing calculators = $35,000
Cost of producing 501 graphing calculators =$35,080
Therefore,
The marginal cost = Cost of 501 graphing calculator - Cost of 500 graphing calculator
= $35,080 - $35,000
= $80
Average cost:
= $35,000 ÷ 500
= $70
Therefore, the marginal cost is greater than its average cost.
