Answer:
Return on investment= 87.87
%
Explanation:
Dollar return on investment is the sum of the capital gains and the dividend received all expressed as a percentage of the cost of the investment.
Total cost = 250×104.32=26,080
Total capital gain = (193.65- 104.32)× 250 = 22,332.5
Dividend = $2.34 per share×250 = 585
Dollar return on Investment = (585
+22,332.5)
/26080
× 100
= 87.87
%
Answer:
Amortized to pension expense $21,600
Explanation:
Compututation of Indigo’s minimum amortization of the actuarial loss
Amortization
Projected benefit obligation($3,386,000)
Plan assets $3,617,000
Corridor percentage10%
Corridor amount $361,700
Accumulated loss $528,020
Excess loss subject to amortization $166,320
($361,700- $528,020)
Average remaining service 7.70
Amortized to pension expense $21,600
($166,320÷7.70)
Therefore the Minimum amortization of the actuarial loss will be $21,600
Answer:
B. The internet of things
Explanation:
The internet of things will someday make the scenario presented in the question become a possibility.
The internet of things is a system of interrelated computing devices, mechanical and digital device composed of unique identifiers that enables the transfer of data over a network without requiring human to human interaction or even human to computer interaction. Thus, like in this case, connections between cargo vessels and transport network without the human factor will be a possibility because of internet of things.
What the internet of things does is that it allows closed private internet connections to communicate with others while bringing those networks together. It refers to the billions of devices around the world that are connected to the internet.
Answer:
$10,140,000
Explanation:
To make consolidated statements company needs to consolidate the financial data of its own and its subsidiary.
Revenue can be consolidated of parent and subsidiary as follow:
First
Add revenue of both companies
Total Sales = Patti Company sales + Shannon Inc. sales
Total Sales = $10,000,000 + $200,000 = $10,200,000
Now deduct the sale made to each other because sales mad within the group is not recorded for consolidation purposes and it is not a sale for a group it is an internal group transfer.
Consolidated Sales = Total sales - Internal Sales
Consolidated Sales = $10,200,000 - $60,000 = $10,140,000
Answer:
Bigbucks Brokerage
The whole amount of $2,400 must be included in the taxpayer's income.
Explanation:
The Bicycle Commuting Reimbursement in 2020, given under a Bicycle Commuter Tax Benefit program, is taxable as income to the employee. According to the provisions of the Tax Cut and Jobs Act, the restriction placed on the Bicycle Commuter Tax Benefit will expire in 2026. The bicycle commuting reimbursement is a benefit that can only be offered by employers and is regarded as a taxable benefit to the affected employee.
