Answer:
The given statement is True
<h3>
Explanation:</h3>
- It retained earnings and balance sheet.
- The retained earnings of a corporation are the accumulated net income of the corporation that is retained by the corporation at a particular point in time, such as at the end of the reporting period.
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Answer: 64
Explanation:
To find the median of a number, we have to arrange the numbers that are given in either ascending or descending order.
In this case there are 4 numbers, let the fourth number be x, therefore the numbers will be:
60, 62, x and 92.
Since they are four numbers, the median will be the addition of the 2nd and 3rd number and then divided by 2. This will be:
(62 + x) / 2 = 63
62 + x = 126
x = 126 - 62
x = 64
The missing number is 64
Answer:
The amount of interest revenue is $ 3,996.
Explanation:
The Lease receivable at December 31,2021 is =79,100-12,500=66,600
Acording to the details The X Interest rate is 12% and The X Fraction of year is 6/12.
Hence, the calculation of The Interest revenue in December 31,2021 is =
=66,600×12%×6/12= $ 3,996 is the amount of interest revenue from the lease should smith co report in its dec 31 2021 income statment
Answer:
This equals $12,256.70 (230 x $50.70 + 230 x $2.59)
Explanation:
The value of the portfolio on May 3 is the sum of the market value of the shares plus the sum of the returns in form of dividends to be received.
This value adds the weight of the investment obtained by multiplying the total shares held with its market price to the expected dividend returns on the given date.
