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RSB [31]
3 years ago
9

Above is a trading profit and loss with the balance sheet question

Business
1 answer:
Maslowich3 years ago
8 0
If that writing could be a little bit more clear I promise I would help. Could you type it up and send it so I can properly see it to do it.
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The managerial and administrative functions of the federal courts are handled by _____.
padilas [110]
<span>The managerial and administrative functions of the federal courts are handled by </span>the <span>Administrative Office of the United States Courts.

</span><span>The Administrative Office of the United States Courts (AO) is the administrative agency of the United States federal court system. ... It provides a wide range of administrative, legal, financial, management, program, and information technology services to the federal courts.</span>
8 0
3 years ago
Chana made a $75,000 interest-free loan to her son, Trey, who used the money to retire a mortgage on his personal residence. Tre
alexandr402 [8]

Answer:

D) $0

Explanation:

Family loan of $100,000 or less, the amount of the imputed interest income is the lesser of the computed imputed interest

$75,000 × .05 = $3,750

or make use of Trey's net investment income of $940,However, since the net investment income $940 is less than $1,000, the imputed interest may be ignored; so, Chana will not include any amount as interest income as a result of this transaction.

6 0
4 years ago
Company X has 2 million shares of common stock outstanding with a book value of $2 per share. The stock trades for $3 per share.
gladu [14]

Answer:

23.08%

Explanation:

The computation of the debt ratio is shown below:

Debt amount

= 2 million × 0.90

= 1.80 million

And,

Equity amount

= 2 million × 3

= 6 million

Now

debt ratio = debt amount  ÷ (amount of debt + amount of equity)

= 1.80 million ÷ ( 6 million + 1.80 million)

= 23.08%

4 0
3 years ago
On January 6, Brumbaugh Co. sells merchandise on account to Pryor Inc. for $7,000, terms 2/10, n/30. On January 16, Pryor Inc. p
Harrizon [31]

Answer:

No.      Date       Accounts titles and explanation   Debit    Credit

(a)       Jan. 6      Accounts receivable               $7,600  

                                           Sales                                             $7,600

              Jan. 16              Cash                                 $7,296  

                                   Sales discounts($7,600 * 4%) $304  

                                     Accounts receivable                              $7,600

(b)        Jan. 10        Accounts receivable                 $13,300  

                                                       Sales                             $13,300

                Feb. 12                        Cash                   $6,650  

                                     Accounts receivable                             $6,650                              

               Mar. 10             Accounts receivable          $133  

                                           Interest revenue(6,650 * 2%)     $133

7 0
3 years ago
Read 2 more answers
What is depreciation? A cost allocation method. A valuation approach. An adjustment to market value over time. A cash accumulati
Tema [17]

Answer:

A cost allocation method

Explanation:

Depreciation is expensing the cost of acquiring a machinery over its useful life.

5 0
3 years ago
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