Alright, so we start out with $12000, and we'd add from there. Since we add 1$ for every passenger, our equation with p being the number of passengers would be 1*p (e.g. for 1 passenger we have 1*1=1, 2 passengers we have 1+1(2 times)=2). Substituting 50,000 for p, we have 1*50,000=50,000. Next, we have to add 12,000 to that (as that's a flat fee) to get 50000+12000=62000
Answer:
internet banking advanced in tech
Explanation:
Answer:
Note: The full question is attached as picture below
a. Equity income that the investor should report in its income = Net income * Investor share = 400,000 * 30% = $120,000
b. Particulars Amount
Equity investment opening 500,000
Add: Equity income 120,000
Less: Dividend paid <u>60,000</u>
Equity investment at end of year <u>560,000</u>
c. The fair value of the Investee company will remain at adjusted cost. and the investment is not adjusted to fair value
Answer:
B. $36 billion
Explanation:
Since we were asked to calculate Wages. We can't use the Expenditure method of GDP. Method to be used would be the Income approach. In doing so, the values of export and import would be excluded. Therefore,
Given that
GDP = 65 billion
Profits = 7 billion
Rent = 7 billion
Interest payments = 15 billion
Recall that,
GDP = sum of income earned (profits, wages, rents, interests)
Thus,
Wages = GDP - Profits + rents + interests
= 65 - (15 + 7 + 7)
= 65 - 29
= 36 billion
Hence, wages during 2011 was $36 BILLION.
Note: Parameters used are based on the information in the question. It is important to note that income earned when using income approach could be more than the 4 stated parameters of wages, rent, profits and interests.
Answer:
$30,000,000
Explanation:
compensation expense = total number of stocks granted x grant date value = 6,000,000 x $15 = $90,000,000
this expense will be allocated proportionally during the vesting period = $90,000,000 / 3 years = $30,000,000 per year
compensation expense per year (2016, 2017, 2018) = $30,000,000
