2 years ago

The costs incurred before opening a business

1 answer:

8 0

The expenditure incurred prior to the incorporation of an enterprise is to be considered as a pre-incorporation capital expenditure. The expenditure incurred prior to the 'setting-up of business' is to be considered as a pre-operative capital expenditure.

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Assume a pension fund purchased stock at $53. Call options at a $50 exercise price presently have a $4 premium per share. The pe

Yakvenalex [24]

Answer:

Explanation:

Data provided in the question:

Purchasing price of stock = $53

exercise price of the stock = $50

Price of the stock = $56

Premium per share = $4

Now,

The gain is calculated as :

Gain = exercise price + Premium per share - Purchased stock

Gain = $50 + $4 - $53

Gain = $1

Hence,

The gain per share to the pension fund is $1

7 0

3 years ago

Galvin grew up on a farm. He worked on his father’s farm and then inherited the business when his dad retired. For which career

Marianna [84]

C. Galvin is most qualified to work for plant systems and animal systems.

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8 0

2 years ago

Read 2 more answers

An audit basically consists of having the auditor form an opinion regarding management's financial statement assertions. The aud

Anika [276]

Answer:

C. Tracing sales invoices to shipping documents to test the occurrence of reported sales.

5 0

3 years ago

Ginny currently earns a (real or nominal) wage of $12.00 per hour; in other words, the amount of her paycheck each week is $12.0

rewona [7]

Answer:

Her nominal wage increase by: (12.48/12)-1= 0.04= 4%

Her real wage decreased by: 4% - 7$= -3%

Explanation:

Giving the following information:

Ginny currently earns a (real or nominal) wage of $12.00 per hour. Ginny and her employer both expected inflation to be 4% between 2012 and 2013, so they agreed, in a two-year contract, that she would earn $12.00 per hour in 2012 and $12.48 per hour in 2013. However, suppose inflation between 2012 and 2013 turned out to be 7%, not 4%.

Her nominal wage increase by: (12.48/12)-1= 0.04= 4%

Her real wage decreased by: 4% - 7$= -3%

5 0

2 years ago

Hobson Company bought the securities listed below during 2020. These securities were classified as trading securities. In its De

Wewaii [24]

Answer:

$50,800

Explanation:

Security Cost Fair value Gain(loss)

X 371,000 343,500 -27,500

Y 185,000 162,400 -22,600

Z 424,000 407,800 -16,200

Total 980,000 913,700 -66,300

Unrealized holding loss on Income statement ended June 30,2021 = $66,300 - $15,500 = $50,800

3 0

3 years ago

The costs incurred before opening a business​

The costs incurred before opening a business