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wolverine [178]
3 years ago
14

DeBeers is an example of a government monopoly. True or False?

Business
1 answer:
Artemon [7]3 years ago
3 0

Answer:

I believe this is false.

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Target Shoppers Inc. reported cash sales of $16,200 for the month of June 2020. Sales taxes payable are recorded at the point of
Usimov [2.4K]

Answer:

17000

Explanation:

17000

4 0
2 years ago
On January 1, Renewable Energy issues bonds that have a $52,000 par value, mature in ten years, and pay 15% interest semi annual
gayaneshka [121]

Answer:

a) $520

b)$1,820

2) $3,900

Explanation:

a) For issue at 99, we have:

IWe first find the proceeds for when the bond is issued at 99, we have:

Proceeds = Asset's Par value x (issue rate /100)

= $52,000 x (99 / 100)

= $51, 480

Now, let's find the bond premium or discount:

Bond premium = Proceeds - Par value

$51, 480 - $52,000

= $520

b) For bonds issued at 103½, we have:

Let's find the proceeds when the bond is issued at 103½:

Proceeds = $52,000 x (103.½ / 100)

= $53,820

We now find the the bond premium or discount:

Bond premium = Proceeds - Par value

= $53,820 - $52,000

= $1,820

2) To find the interest paid semi-annually, we have:

Interest paid = Par value of the bonds x semi-annual interest rate.

Interest paid = $20,000 x (15%/2)

Interest paid = $52,000 x 7.5%

= 52,000 × 0.075

= $3,900

8 0
3 years ago
Read 2 more answers
When creating a budget, log fixed expenses
Eduardwww [97]

Answer:

After income

Explanation:

Just took the test!

7 0
3 years ago
Read 2 more answers
Accounting question??
FinnZ [79.3K]

Answer:

Hend's ownership percentage after Fatima is admitted is 28%.

Explanation:

Since on Jan 1, Athari and Hend are partners with capital balances of 40,000 and 20,000 and they share profits and losses in the ratio of 3: 2 respectively, and on this date, Fatima invests 20,000 in cash for a 15 percent interest in the partnership, to determine Hend's ownership percentage after Fatima is admitted, the following calculation must be performed:

40,000 + 20,000 = 100%

100 - 15 = 85

60,000 = 85

20,000 = X

20,000 x 85 / 60,000 = X

28,333 = X

Therefore, Hend's ownership percentage after Fatima is admitted is 28%.

5 0
3 years ago
Jonathan was granted enough nonqualified stock options (NQSOs) to purchase 10,000 shares of Capital, Inc. stock at $10 per share
Furkat [3]

Answer: B. III and IV

Explanation:

Based on the information given, we should note that the capital gain will be:

= $1,000,000 - $250,000

= $750,000

Also, the bargain amount will be calculated as:

= 10000 × ($25 - $10)

= 10000 × $15

= $150,000

We should also note that the statement in option 1 that "Capital gains tax is due the year the options are granted to Jonathan" is wrong. Capital gain will only arise when the shares have been sold, therefore option I is incorrect.

Based on the information above, the answer is option III and IV.

8 0
2 years ago
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