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Answer: Income tax 2017
$
Account income $145,000
Add depreciation 3750
Less capital allowance 7500
Balance. $141250
Tax. 42,375
North Dakota journal $
Dec 2017
Profit after tax Dr 42375
Cash CR. 42375
Tax payment for the year
Answer:
Dr Treasury stocks 200
Cr Cash 200
Explanation:
Whenever treasury stock is repurchased, you must record the full purchase price under treasury stock account (debit balance) and credit cash or any other asset used to pay for them.
Treasury stock is a contra equity account that reduces the value of shareholders' equity, that is why it has a debit balance while shareholders' equity has a credit balance.
The stock price is mathematically given as
P=$57.64
<h3>What is the
stock price?</h3>
Generally, the equation for is Value after year mathematically given as
V= $1454.25
Hence, the current value is mathematically given as
I=Discounting factor equal to the future cash flows multiplied by their present value
I=$1063.508769
current value for ordinary stock
I'=$1037.508769million
In conclusion, the stock price is
P=(1037.508769/18)
P=$57.64
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Answer:
it's known as a margin call.
Explanation:
Buying on margin is borrowing money from a broker in order to purchase stock. Margin trading allows you to buy more stock than you'd be able to normally.
Answer:
The correct answer is letter "A": 30.
Explanation:
Adequate Assurance is requested after a contract was signed by two parties by one of the parties has doubts the other will be able to fulfill the demands of the agreement. In such cases, the doubting party can send in writing the request for confirmation to the other party involved and if the second party does not provide a response within 30 days the initial contract is considered repudiated.
Thus, <em>Barney has 30 days from the date Sam Seller requested an Adequate Assurance of Performance to respond.</em>
