I think it would be the fixed income market. Hope this helps you.
<span />
Answer:
d. $1,470,000
Explanation:
The computation of the cash realizable value of the accounts receivable is shown below:
= Ending balance of accounts receivable - credit balance of uncollectible amount
= $1,600,000 - $1,30,000
= $1,470,000
For finding out the cash realizable value, we deduct the credit balance of uncollectible amount from the ending balance of accounts receivable
Answer:
$320,000
Explanation:
if allocated overhead was $95,100 and actual overhead was $120,500, then overhead costs were under allocated by $25,400 (= $120,500 - $95,100) and that must be added to cost of goods sold in order to determine the actual gross profit.
total sales revenue = $725,700
<u>total COGS = $380,300 + $25,400 = ($405,700)</u>
gross profit = $320,000
Answer:
capital loss = ($195)
Explanation:
Maria's total investment = (100 x $30) + $50 = $3,050
Maria's return from selling the stocks = (100 x $29) - $45 = $2,855
capital loss = $2,855 - $3,050 = -$195
The revenue generated by the dividends is taxed as ordinary income (at a higher rate) and must be considered ordinary gains, not capital gains.
