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Nadya [2.5K]
2 years ago
10

On September 18, 2019, Rose Company purchased 11,800 shares (14%) of Wozniak, Inc. stock for $42 per share. The market value of

the Wozniak stock at December 31, 2019 was $29 per share. Rose Company sold 4,600 shares of its Wozniak stock on May 12, 2020 for $44 per share. The market value of Wozniak's stock at December 31, 2020 was $49 per share. Rose Company sold 3,700 shares of its Wozniak stock on July 19, 2021 for $38 per share. At December 31, 2021, the market value of the Wozniak stock was $36 per share. Calculate the amount of the realized gain reported on Rose Company's 2020 income statement. If a realized gain would not be recorded in 2020 on this investment, enter a as your answer. Do not enter your answer with a minus sign in front of your number.
Business
1 answer:
wolverine [178]2 years ago
8 0

Answer:

24

Explanation:

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* Distinguish between Accounts Receivable and<br> Account Payable.
geniusboy [140]

Explanation:

Accounts receivable is money owed to a company by its debtors.

Account payable amounts due to vendors or suppliers for goods or services received that have not been yet paid for.

6 0
3 years ago
Read 2 more answers
Suppose the government launches a successful advertising campaign that convinces workers with high school degrees to quit their
quester [9]

Suppose the government launches a successful advertising campaign that convinces workers with high school degrees to quit their jobs and become full time college students. This would cause the labor force participation rate to decrease.

Let's imagine that the government employs a convincing advertising campaign to persuade those with high school diplomas to quit their jobs and devote their full time to attending college. As a result, the rate of labor force participation would decrease.

The labor force participation rate provides an estimate of the size of the labor force in an economy. The percentage of the working-age, non-institutionalized population, aged 16 and over, that is employed or actively seeking employment is used in the calculation. When paired with the unemployment rates, it can help put the state of the economy in some sort of context.

To know more about labor force refer:

brainly.com/question/14826712

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4 0
1 year ago
Rick's is a medium-sized construction company located in a busy metropolitan city. The company specializes in for-business const
zmey [24]

Answer:

marketing of relationship.

Explanation:

Marketing of relationship can be defined a marketing strategy whose main objective is customer loyalty.

This is a strategy that requires constant and precise efforts by an organization, so it is necessary to offer the customer special benefits and conditions in order to achieve customer satisfaction.

In a competitive market, maintaining a close relationship with the customer is essential for the success of a business, therefore the actions that will assist in this relationship building must be implemented as the organizational culture, shared in the internal and external environment. The focus on communication must be prioritized, as maintaining an open and direct communication with the customer, creates a relationship of transparency and honesty, the customer has to feel comfortable to compliment or complain about their products or services, be treated with honesty and cordiality, to create a positive experience about the organization.

It is important that the company knows its customer, does research and seeks to meet their demands and even exceed their expectations, to create the best service and the best experience for its potential customer.

8 0
3 years ago
Read 2 more answers
You obtain a vehicle loan from the bank for $34,720 for a term of 4 years at an annual interest rate of 7.5%.  Use the amortizat
Alla [95]

Answer:

TVM=34,720*0.075/12 : [1-(1+0.075/12)^-48]

TVM=839.49

Explanation:

An=34,720

t=4 yrs , ---> n=48 (4*12)

j=7.5 %.---> i=0.075/12

m=12

* i=j/m

*n=mt

TVM=An*i : [1-(1+i)^-n]

TVM=34,720*0.075/12 : [1-(1+0.075/12)^-48]

TVM =839.49 (round two decimal)

4 0
3 years ago
In two to three sentences, answer the following:
VladimirAG [237]

Answer:

The information that we can get from stock quote is about bidding price, details of previous bidding, etc.

Explanation:

A stock quote can be defined as the last price of stock of exchange. It is the price on which the traders and the buyers consented in their last trade or exchange.

<u>The details that a stock quote provides is the price of last bid, volume of trade, bid price, volume of trade</u>. The buyers and traders can access this information either on their phones, newspapers, news media, online portals etc. The stock quote is shown in decimals.

4 0
3 years ago
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