What John should do is he should find reliable and relevant information; perhaps look up the information in the Kelley Blue Book.
He can't ask his friend because he may want to buy a different car, so his advice may not be helpful at all. A car dealer may want him to pay more than he should, so that wouldn't be useful either. His net worth will not help him reach his decision on how much he should pay for the particular car. So this Kelley Blue Book, which is used to compare prices for used cars is his best choice.
Answer:
$0
Explanation:
Common fixed expenses are expenses that cannot be traced to any specific division, business unit or store/office within a larger company. In this case, each division has its own manager and assistant manager, but their salaries can be traced to the corresponding division, therefore, they cannot be considered common fixed expenses. Examples of common fixed expenses are the CEO's salary (or any other upper management or board of directors), their assistants or certain administrative costs that are incurred by them.
Answer:
2021
revenues 420,000
gross profit 112,000
2022
revenues 1,680,000
gross profit 65,000
Explanation:
2021:
Cost incurred 308,000
Estimed to complete 1,232,000
Total cost 1,540,000
Percentage of completion 308,000 / 1,540,000 = 20%
Revenue will be recongize for 20% of the total
2,100,000 x 20% = 420,000
Less Cost (308,000)
Gross Profit 112,000
For 2022 we recognize the rest as the project is completed
2,100,000 - 420,000 = 1,680,000
Incurred Cost (1,615,000)
Gross Profit 65,000
Answer:
The amount of cash and cash Equivalents reported on December 31, 2017.
$8,698,231
Explanation:
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
The amount of capital that Shoprite can raise is dependent on various factors. It is to be noted however that "Shoprite Checkers will contribute R888 million, allowing the Shoprite Employee Trust to subscribe for 10% of the stocks, with Shoprite Checkers funding the remaining shares on a notional basis.
<h3>Who is Shoprite?</h3>
Shoprite Holdings Limited is an investment holding company established in South Africa.
The business is a fast-paced consumer products store.
Its primary activity is food retailing, which is supplemented by furniture, medicines, hotels, tickets, digital commerce, financial services, and cellular facilities.
Learn more about Shoprite:
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