Answer:
PURCHASE PRICE OF THE RIGHT STOCK (75 * $90) = $6750
LESS- SELL PRICE OF THE RIGHT (25 * $22) =($550)
TOTAL COST OF THE RIGHT STOCK = $6200
NO OF RIGHT STOCK PURCHASED = 75
PRICE PER STOCK = $82.67
SALE PRICE OF THE RIGHT (25 * $22) =$550
LESS- PURCHASE PRICE OF RIGHT = NIL
TOTAL CAPITAL GAIN ON SALE = $550
Answer: C. The loss of profit from delayed opening.
Explanation: Tile and Grout failed to execute the job they were contracted and caused water world to delay opening. In business Tile and Grout company will be held liable for failure to execute contract.
Water world can recover the loss of profit from delayed opening due to the failure in the part of Tile and Grout company.
Answer:
Aug. 1 Cash 37,800
Common Stock 37,800 (Investment of cash for stock)
Dr.Cash 37,800
Cr. Common stock 37,800
10 Cash 17,010
Service Revenue 17,010 (Received cash for services performed)
Dr. Cash 17010
Cr. Service Revenue 17010
12 Equipment 31,500
Cash 5,040
Notes Payable 26,460 (Purchased office equipment for cash and notes payable)
Dr. Office Equipment 31500
Cr. Cash 5040
Cr. Account Payable 26460
25 Account Receivable 10,080
Service Revenue 10,080 (Billed clients for services performed)
Dr. Account Receivable 10080
Cr. Sales 10080
31 Cash 5,544
Accounts Receivable 5,544 (Receipt of cash on account)
Dr. Cash 5544
Cr. Account Receivable 5544
T account are prepared in the attached MS Excel File, Please find that.
Answer:
The correct answer is the option B: Flickr.
Explanation:
Flickr is the name given to a <em>web site</em> whose characteristics involves the image and video hosting service for its users and the main purpose for this webpage is to give the user the possibility to <em>seek and sell photos</em> and videos in an ordenated date base where they can upload their images and videos to the site, as well as share them with the other users, creating at the same time an online social community. Therefore that it is understandable that <u><em>if Noah is trying to share his photos he will use Flickr in order to do that</em></u>.
Answer:
Disadvantage
Explanation:
It is a disadvantage because say if you were to come into a foreign country with a hundred dollars of your cuerncy for a 1000 dollars worth of their own currency they wont b able to determine if that is true or not because there is no way to check without that border controls on how much they are supposed to give you so its putting that country at a lost because if multiple ppl find out about that the country starts to loose vaule to where the point that you have more of that country money thank they do to where they technically own that country now
