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Alex777 [14]
3 years ago
7

On September 1, 2021, Sheffield Corp. issued a note payable to National Bank in the amount of $1460000, bearing interest at 8%,

and payable in three equal annual principal payments of $560000. On this date, the bank's prime rate was 7%. The first payment for interest and principal was made on September 1, 2021. At December 31, 2021, Sheffield should record accrued interest payable of
Business
1 answer:
Lisa [10]3 years ago
3 0
Congratulations congratulations happy birthday happy happy ww happy birthday happy happy birthday merry Christmas happy birthday happy
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Liana Amiri (single with no dependents) has the following transactions in 2021: AGI (exclusive of capital gains and losses) $540
Alika [10]

In this situation where Liana Amiri, who is single with no dependents, carried out the stated capital transactions in 2021, her net capital gain or loss is <u>$0</u>.

<h3>What is capital gain or loss?</h3>

The capital gain or loss is the difference between the selling price and the cost or purchase price of an investment or property.

When the selling price is more than the cost, a capital gain arises.  When the cost is more than the selling price, a capital loss arises.

<h3>Data and Calculations?</h3>

AGI (exclusive of capital gains and losses) $540,000

Long-term capital gain          $22,000

Long-term capital loss              (8,000)

Net long-term capital gain = $4,000

Short-term capital gain         $19,000

Short-term capital loss          (23,000)

Net short-term capital loss $4,000

Thus, Liana Amiri's net capital gain or loss is $0 ($4,000 - $4,000).

Learn more about capital gain or loss at brainly.com/question/25117603

8 0
2 years ago
The operations of Smits Corporation are divided into the Child Division and the Jackson Division. Projections for the next year
dybincka [34]

Answer:

Operating income for the Smith's corporation as a whole if the Jackson's division were dropped is $22,500

Explanation:

The operations of Smith's Corporation are divided into the Child Division and the Jackson Division. Projections for the next year are as follows:

                                     Child  Division   Jackson  Division     Total

Sales revenue                 $250,000           $180,000      $430,000

Variable expenses              90,000              100,000         190,000

Contribution margin         $160,000             $80,000      $240,000

Direct fixed expenses          75,000               62,500          137,500

Segment margin                 $85,000             $17,500        $102,500

Allocated common costs      35,000               27,500           62,500

Total relevant benefit         $50,000            $(10,000)         $40,000

Operating income for the Smith's corporation as a whole if the Jackson's division were dropped

                                     Child  Division    

Sales revenue                 $250,000        

Variable expenses              90,000              

Contribution margin         $160,000            

Direct fixed expenses          75,000              

Segment margin                 $85,000              

Allocated common costs      62,500                

Total relevant benefit         $22,500            

Note that common fixed costs will be borne by the child division alone when the Jackson division is closed which is the entire 62,500 is deducted from the sales margin of child division before arriving at profit

3 0
3 years ago
_____ is the process for reviewing key roles and determining the readiness levels of potential internal and external candidates
lapo4ka [179]
I thinks it’s B but dont take my word
8 0
3 years ago
A study examining the performance of numerous assets from the United States and around the world confirms that a. U.S. equities
antoniya [11.8K]

Answer:

d. beta did a better job of explaining the returns than standard deviation

Explanation:

Beta measures the systemic risk associated with the particular investment, it do not compute the total risk associated, which is more  logical.

Standard deviation computes the total risk associated.

Some risk is natural, like the risk of floods, natural calamities, earthquake, etc:

That risk shall not counted as for comparison as that is associated universally. Further, the risk associated with particular factors like bankruptcy of a company, or some legal case issue of a company are precisely described by beta coefficient.

Thus, beta provides better details about explaining the returns.

5 0
2 years ago
Mayra offers to sell her home to Hanna for "about $100,000 plus closing costs" and has no other comments, provisions, or discuss
Ivanshal [37]

Answer:

The most probable result is that the court will declare the contract invalid and non-binding because the purchase price and important terms regarding the consideration involve are too vague and indefinite.

In order for a contract to be considered valid and binding, consideration must exist and the more precise the terms, the better. Consideration is something of value that both parties exchange. In this case it is a house vs. money, but the price is not specified.

4 0
2 years ago
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