Is this supposed to be a multiple choice question? It is way fun to think about projects other people might be up to which carry outrageously high risk!
Restaurants are a common example -- there's a little bit of magic in whether a new restaurant will catch on and become popular.
Farming is pretty risky. You can do everything right and have a hail storm come and ruin the crops. That's why there are government programs and commodity markets that help farmers mitigate their risk -- because the rest of us who need to eat really need for people to be willing to farm!
Answer:
The answer is: D) $34,300
Explanation:
The selling price was $35,000 with terms 2/10, n/30. This means that if the buyer pays their bill before the ten days period, they will get a 2% discount. If the buyer pays the bill after the ten days period but before thirty days, they will pay the full amount.
Since the buyer paid before the ten days period they will get a 2% discount. The total cash received by Banks Company was $35,000 x 98% = $34,300
Answer:
The answer is: $2,500
Explanation:
According to the IRS, the cost basis for any asset should be the original cost adjusted by its depreciation.
Since Jack and Diane aren't able to determine the depreciation expenses for the cabinets, they should use their fair market value as cost basis.
Answer:
The correct answer is E
Explanation:
ROE termed as or stand as Return on Equity, which is described as the profitability ratio that evaluates the firm ability for generating the profits from its shareholders investment in the company or firm.
The formula to represent ROE is value of Net Income attributable to the equity shareholders.
ROE = Net Income agter Taxes / Shareholders Equity
And there is one more formula which is a disaggregation of ROE into the non- operating as well as operating components, which is as:
ROE = [ROE +(FLEV × Spread)] x NCI
Therefore, option A and C are correct.
Answer:
Mutual Funds are simply a way to pool money together and buy more stocks. You invest into a mutual fund along with many other people. Then your pooled money is invested by the manager of the mutual fund. They are generally conisdered safe as they are run by "stock gurus".
