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Anastaziya [24]
3 years ago
10

On January 1, 2017, Sunland Industries had cash and common stock of $196000. At that date the company had no other asset, liabil

ity or equity balances. On January 2, 2017, it purchased $165000 of equity securities for cash that it classified as available-for-sale. It received cash dividends of $11800 during the year on these securities. In addition, it had an unrealized holding gain on these securities of $31800 net of tax. Based on this information, what is the amount of comprehensive income in 2017?
Business
1 answer:
Dafna1 [17]3 years ago
5 0

Answer:

$32,980

Explanation:

The computation of comprehensive income is shown below:-

Comprehensive income = Cash dividend + Unrealized holding gain

= $11,800 + $31,800

= $32,980

Comprehensive income includes net profit and other complete or compression  profits.

Net revenue involves operating and non-operating income, net of expenses . Other comprehensive profits consisted of unrealized gains or losses, cash flow hedges.

So in this question we considered the dividend and unrealized holding gain as an comprehensive income

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The ecoist manufactures handbags out of excess packaging that would otherwise end up in landfills. this is an example of​ values
mina [271]
From the word itself, "values-led" business, this type of businesses are more inclined to doing what is right and moral by promoting values rather than thinking too much about the profit that comes from the sales of the manufactured goods. In the example above, the business leverages in the notion that recycling will lead to lesser pollution to the environment. 
3 0
3 years ago
Read 2 more answers
Mr. Smith wishes to retire in 16 years. When he retires he would like to have $300,000 in his bank account. Mr. Smith's bank pay
Romashka [77]

Answer:

$87,567.14

Explanation:

For computing the amount deposited for attaining the goal we need to apply the present value which is to be shown in the attachment

Provided that,  

Future value = $300,000

Rate of interest = 8%

NPER = 16 years

PMT = $0

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $87,567.14

3 0
3 years ago
A market where tenants negotiate rent and other terms with property owners or their managers is referred to as a:_________
goldfiish [28.3K]

A user market is one where tenants bargain rent and other conditions with property owners or their managers.

<h3>What are Business User Markets?</h3>

Several other user markets also make purchases, either for their own consumption or with the goal of redistribution to others, in addition to selling finished goods and services to supply chain organizations. When making these purchases, the buyer typically does not significantly alter the goods from their original state. Although technically these markets are also a component of the supply chain, the majority of business users do not actively participate in or directly support production.

Any method that lets customers get involved in a marketing effort is known as user-generated marketing. User-generated marketing is just as much a kind of public relations as anything else because it gives a target audience a more participatory and interesting experience.

To know more about Business User Markets, visit: brainly.com/question/25492268

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4 0
1 year ago
True or false a study with a larger sample is more likely than a smaller study to get the result that p &lt; 0.05
Romashka [77]
When a p-value is greater than 0.05, this tends to indicate statistical significance. In general, a larger sample size increases statistical significance, so I would say "true."
6 0
3 years ago
Fifteen years ago, Lenny purchased an insurance policy on his own life. The policy provides a $3 million death benefit. Lenny ha
dalvyx [7]

Lenny will generate $471,250 after-tax cash.

<h3>What is an insurance policy?</h3>
  • The insurance policy, which establishes the claims that the insurer is legally obligated to pay, is a contract between the insurer and the policyholder.
  • The insurer guarantees to reimburse losses brought on by risks covered by the policy language in return for an upfront payment known as the premium.
<h3>What is a cash surrender value?</h3>
  • If a policyholder or the owner of an annuity contract chooses to cancel their policy before it matures or an insured event occurs, the insurance company will give them the cash surrender value as compensation.
<h3>Solution -</h3>

Money Lenny will get = $725,000.

Subtract the tax to find the money Lenny will get.

35% of 725,000 = $253,750.

725,000 - 253,750 = 471,250

Therefore, Lenny will generate $471,250 after-tax cash.

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6 0
2 years ago
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