Answer:
Rock Group and Costume Shop
Under this arrangement the rock group is the
d. assignor.
Explanation:
The rock group, as the assignor, is the entity that transfers its property rights or its powers to payment to Costume Shop. The Costume Shop is the assignee because it is the entity to which property rights or powers to payment of the rock group are transferred. Under the performance contract, the rock group can also be described as the delegator while the Costume Shop is the delegatee. However, under payment terms, the rock is the assignor while the Costume Shop is the assignee.
Basically, the equity method is used to account the amount of an investment which is made by a company on an entity.However, this is done by an investor who contains a substantial amount of investment in the investee company.The investee records any adjustments in the other comprehensive income whereas the investor makes changes in the investment account.
Answer:
expressing thanks for a gift, sending thanks for a favor, extending thanks for hospitality, and recognizing employees for their contribution, to answer a congratulatory note.
Answer:
-$28,200
Explanation:
when the inventory closing balance is overstated, the cost of goods sold is understated and as such the net income which is posted to the retained earnings will be overstated.
For the overstatement of depreciation, the net income will be understated by the same amount.
The reverse is the effect on net income for these items where the misstatement is otherwise.
Retained earnings adjustments required on January 1, 2022
= -$60,000 + $25,700 + $12,500 - $6,400
= -$28,200
Answer:
A capital gains return only
Explanation:
The below options are missing from the question:
A)A real return only.B)A dividend yield only.C)A capital gains return only.D)An income return and a capital gains return.E)An income return only
The return which is solely as a result increase in the price of the stock without any dividends is the capital gains yield which is computed thus:
capital gains return=price now-initial price/initial price
capital gains return=($18-$12)/$12=50.00%