A mortgage is the resource available to home providence to recover the loan.
A mortgage is defined as a legal agree between a bank/creditor with a a person or business. They lend money with an interest rate in exchange for having full ownership of the persons title (house/business building) if the person does not pay.
When a company issues stock dividends, it is usually expressed as a percentage of the total number of outstanding shares. Stock dividends less than 25% of outstanding shares are considered minor stock dividends. Anything over 25% is considered a large stock dividend.
Outstanding shares are all shares of a company authorized, issued, purchased or held by investors. These are distinguished from treasury shares, which do not represent exercisable rights as they are held by the company itself.
Outstanding stock refers to stock in a company currently held by all shareholders, including blocks of stock held by institutional investors and restricted stock held by officers and insiders of the company. increase. Shares outstanding are reported under the heading "Share Capital" on the company's balance sheet.
Shares Outstanding is the total number of shares issued by the company. Issued shares do not include shares with shareholders, ie shares repurchased by H. Company. Therefore, subtracting treasury shares from shares outstanding gives the number of shares outstanding. Issued shares include treasury stock.
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Answer:
The fair value of $ 60 comma 000
Explanation:
Although under US GAAP, the basic accounting principle is historical cost principle in which original cost of purchasing assets are used to record most assets, especially fixed assets, despite that there might have been significant rise in their value over time.
However, not all assets are recorded at their historical cost. Financial assets which are intangible such as market securities are recorded in the balance sheet at their fair value. Intangible assets which have impaired are reduced their fair value from the historical cost.
Since investments in equity securities (in Essence Company) by Kyler Shea Productions is an intangible marketable security, the appropriate amount for Kyler Shea Productions to report for these investments on the December 31, 2018 in the balance sheet is fair value of $ 60 comma 000.
<span>Sony made an acquisition of Columbia Pictures. By acquiring Columbia Pictures, Sony now controls all their content and products and is able to use, license and sell all their assets as they see fit.</span>
Answer:
Cost variance is $6,400 unfavorable
Explanation:
Cost variance shows that how much under/over valued is the budget. It measures the difference of the actual cost incurred and the budgeted cost.
Earned value is the value of budgeted cost which is calculated using actual activity. It is the cost that should be incur on budgeted units.
Earned value can be calculated as follow:
Earned value = Actual Activity x Budgeted rate = $27,500 x $6 = $165,000
Formula for cost variance is as follow
Cost Variance = Earned Value - Actual Value
Cost Variance = $165,000 - $171,400
Cost Variance = -$6,400
It is an unfavorable variance because company incurred more cost than it should be.