Answer: See explanation
Explanation:
a. Determine the net income for July using the cash basis of accounting.
Revenue = $3800 + $1100 + $5100 = $10000
Less: Expense = $1200
Net Income = $10000 - $1200 = $8800
b. Determine the net income for July using the accrual basis of accounting.
Revenue = $8600 + $3800 = $12400
Less: Expense = $1300
Net income = $12400 - $1300 = $11100
The company that is the best one that i wish to invest for next 3 decades, based on its management, product or business model, financial condition(with low debt), consistent past and potential earning is Tesla.
<h3>What is
Tesla's management structure?</h3>
In terms of management Tesla is seen to be one that uses a functional organizational structure that has a lot of hierarchical structure.
Tesla is one that uses functional centers that is said to be covered in all scope of all their business activities, such as finance, sales, marketing, technology, and it is one that is well structure.
In terms of profit and revenue, Tesla was said to have generated in the first Quarter of 2022 a revenues of about $17.76 billion, and also that of $2.26 in earnings per share and this is one I believe I can invest in.
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<span>Relying on a resource economy is risky especially when a prices could go down.</span>
Answer: - $3
Explanation:
We should note that the holder of a put will gain when the share price is below the exercise price.
Since the gain with regards to the question is ($30 - $29) = $1 and the premium paid is 4, then the maximum profit per unit will be:
= Gain - Premium paid
= $1 - $4
= -$3.
The investment adviser would not be permitted to accept securities from a customer that are registered in customer name if administrator prohibit him from taking custody of customer, as per Securities and Exchange Commission.
As per the Securities and Exchange Commission, The Commission has amended the custody rule in accordance with the Investment Advisers Act of 1940. The amendments modernize the rule by bringing it in line with modern custodial practices and requiring advisers who have custody of client funds or securities to keep those assets in the custody of broker-dealers, banks, or other qualified custodians. The amended rule also defines "custody" and illustrates situations in which an adviser has custody of client funds or securities. The amendments are intended to improve client asset protection while reducing the burden on advisers who have custody of client asset.
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