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Ratling [72]
3 years ago
5

Coronado Inc. has an investment in trading securities of $150000. This investment experienced an unrealized loss of $7300 during

the current year. Assuming a 35% tax rate, the effect of this loss on comprehensive income will be
Business
1 answer:
ValentinkaMS [17]3 years ago
4 0

Answer:

Total loss= $4,745

Explanation:

Giving the following information:

Coronado Inc. has an investment in trading securities of $150000. This investment experienced an unrealized loss of $7300 during the current year. Assuming a 35% tax rate.

Loss= 7,300

Tax savings= (7,300*0.35)= (2,555)

Total loss= $4,745

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Identify and briefly compare the two leading stock exchanges in the United States today. Write the main differences of the two s
gulaghasi [49]

Answer:

The two main leading stock exchanges in the United States are the New York Stock Exchange (NYSE) and the Nasdaq stock market. The NYSE is bigger than the Nasdaq, and it is a physical location exchange where traders meet to buy and sell securities. While the Nasdaq is an electronic dealer based exchange where brokers and dealers are connected electronically.

5 0
3 years ago
The management at Burgerjoy, a small restaurant, finds that the lower the price of hamburgers, the more hamburgers are sold. Thi
Anika [276]

Answer:

Negative linear

Explanation:

Negative linear is when two variables move in the opposite direction.  Movement by one variable causes the other to move in the opposite direction. Negative linear is similar to an indirect relationship between the variable.  For Bungerjoy, the variables are price and sales of hamburgers.

An observation has been made that if the price of hamburgers decreases, the sales increase. Changes in the price of the hamburgers will result in sales moving in the opposite direction.  Positive linear correction is when two variables move in the same direction.

3 0
3 years ago
Which of the following answer options are ways to prevent falls from ladders?
earnstyle [38]

Answer:

which answers so i can help you mate

Explanation:

8 0
2 years ago
Read 2 more answers
Here are the comparattive income statements of Georgia Development Corporation.
Oxana [17]

Answer:

When using horizontal analysis, figures are compared across different years with the subsequent year differences with the base year figures being a percentage of the base year's figures.

                                   12/31/2017        12/31/2016       Difference     Percentage

Net sales                        $600,000        $500,000       $100,000          20.0%

Cost of goods sold        <u>$414,000         $350,000 </u>       $64,000           18.3%

Gross profit                    $186,000          $150,000       $36,000            24.0%

Operating expenses     <u> $150,000         $120,000</u>        $30,000           25.0%

Net income                     $36,000            $30,000        $6,000             20.0%

Net sales percentage = 100,000 / 500,000 = 20%

Cost of goods sold = 64,000 / 350,000 = 18.3%

Gross profit = 36,000 / 150,000 = 24%

Operating expenses = 30,000 / 120,000 = 25%

Net income = 6,000 / 30,000 = 20%

6 0
3 years ago
Arntson, Inc., manufactures and sells two products: Product R3 and Product N0. The annual production and sales of Product of R3
Vitek1552 [10]

Answer:

$671.92

Explanation:

Note: The full question is attached as picture below

Product R3

Labor-related cost = 40736/7200*5400

Labor-related cost = $30,552

Production orders = 65970/1600*1000

Production orders = $41,231

Order size = 433175/7100*3100

Order size = $189,133

Total overhead = Labor-related cost + Production orders + Order size

Total overhead = $30,552 + $41,231 + $189,133

Total overhead = $260,916

Annual production and sales of Product of R3 = 900 u nit

Overhead cost per unit = Total overhead / Unit

Overhead cost per unit = $260,916 / 900

Overhead cost per unit = $289.92

Direct material = $226

Direct labor = (26*6) = $156

Unit product cost = Overhead cost per unit + Direct material + Direct labor

Unit product cost = $289.92 + $226 + $156

Unit product cost = $671.92.

3 0
2 years ago
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