The right answer is C absolutely
Answer:
$16,000
Explanation:
Given:
Amount receives from disability policy = $16,000
John's employer paid = 100%
Amount include in income = ?
Computation of amount include in income:
Amount include in income = Amount receives from disability policy × John's employer paid
Amount include in income = $16,000 × 100%
Amount include in income = $16,000
Note: Payments receives from the health insurance Policies are not included.
Answer:
$29.4 per share
Explanation:
A company has 50,000 shares of common stock outstanding
The stockholder's equity that is applicable to common shares is $1,470,000
The per value of common share is $5
Therefore, the book value per share can be calculated as follows
= $1,470,000/50,000
= $29.4 per share
Hence the book value per share is $29.4 per share
Answer:
Investment balance= $1,028
Explanation:
Giving the following information:
You plan to deposit $ 700 in a bank account now and $ 300 at the end of the year.
Interest rate= 4%
To determine the balance after the second deposit, we need to use the following formula for the first deposit and add the second one:
FV= PV*(1+i)^n
FV= 700*1.04= $728
Investment balance= 728 + 300= $1,028
The financial statement that report the financial position of a business over a period of time is the balance sheet.
<h3>What is a balance sheet?</h3>
At the end of each accounting period, a balance sheet—a financial statement—is produced. It computes the financial condition at a particular time by listing all the assets and liabilities. The difference between total assets and total liabilities is known as equity.
The balance sheet of a corporation, commonly referred to as the statement of financial position, provides information on the company's book value. The three sections of the balance sheet consist of the corporation's assets, liabilities, and shareholder's equity as of a specific date.
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which of the following financial statements report(s) the financial position of a business over a period of time? (check all that apply.)
Balance sheet
Profit and loss account
Asset
Debt