Answer:
$7,200
Explanation:
The calculation of income that should be presented in the income statement is shown below:-
Dividend Received = Given percentage × Paid dividend
= 12% × $60,000
= $7,200
Therefore for computing the income that should be presented in the income statement we simply applied the above formula.
Therefore the above is the answer
Answer:
b. 9.75%
Explanation:
When a partner invests in a business, he/she expects to get return on his equity in the business. The major reason for this is to compare his/her return in the partnership business with the return he/she could get elsewhere.
The return on partner equity is calculated by dividing his/her net income from the partnership business by his/her average capital for the period.
The formula is given below:
<u> Net income </u> x 100
Average capital
Average capital = <u>Opening capital balance + Closing capital balance</u>
2
For Carter Pearson, the average capital is =<u> $55,500 + $62,500</u>
2
= $59,000
The return on equity will be: <u>$5,750 </u> x 100
$59,000
= 9.7457
= 9.75% - approximate to two decimal point.
Answer:
Local
Explanation:
It's local because it has to do with a town or district.
Answer:
It depends on a number of things. The quality of the product, the reviews of the product, or maybe just to feel cool.
Tesla's non-Gaap medications prohibit non-money things as stock based remuneration, this incorporates the adjustment in reasonable esteem identified with teslas warrant risk, and non-money cost identified with teslas 1.5% convertible senior notes, and one-time costs related with the early reimbursement of the 2010 advance Tesla got from the division of vitality.
