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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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Traders and investors trading in a forward transactions market are most concerned about:________
postnew [5]

Traders and investors trading in a forward transactions market are most concerned about c<u>hanges in the spot rate</u>.

A trader is a person who engages in the shopping for and promoting monetary property in any financial market, each for themself or on behalf of some other person or group. The primary distinction between a dealer and an investor is the length for which the individual holds the asset.

Kinds of traders consist of the important dealer, noise supplier, and marketplace timer. every shape of dealer appeals to consumers otherwise and is based on numerous strategies. understanding your non-public style of buying and selling can help make better-investing choices.

Buyers are answerable for making costs and executing trades in equities, bonds, commodities, and forex, usually dealing on behalf of, or for the advantage of, investment banks.

Learn  more about Traders here brainly.com/question/17727564

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5 0
2 years ago
1. Barry Cain invested $38,000 cash to start an appliance repair business. 2. Hired an employee to be paid $500 per week, starti
attashe74 [19]

Answer:

No.    Account Titles & Explanation             Debit          Credit

1.

       Cash                                                  $38,000

       Barry Capital Account                                         $38,000

2.

       No Entry Requires as Employee are only Hired there id no financial transaction involved in hiring the employees only.

3.

       Prepaid Rent                                     $10,800

       Cash                                                                     $10,800

4.

       Wages Expense                                $500

       Cash                                                                     $500

5.

       Cash                                                  $2,900

       Revenue                                                               $2,900

Explanation:

1. Cash paid is the capital contribution in the business so cash account will be debited and capital account will be credit as per their nature.

2. Hired an employee does not need any transaction as there is no financial  involvement in just hiring an employee.

3. Prepaid expense is actually an asset for us as we paid expenses in advance which is not incurred yet. It will be recognized as expense with passage of time.

4. Payment to worker is an expenses against a credit to cash as wage is paid in cash.

5. Revenue earned should be recorded and also received so cash will be debited for the receipt from sales and revenue shold be debited due to its nature of account.

8 0
3 years ago
Currently, you make one of the components needed for final assembly of your product and you are considering buying the part from
VashaNatasha [74]

Answer:

1. Break even quantity is 18,125 units

2. Cost to make 28,000 units = $ 775,000

3. Total costs to buy 28,000 units = $ 696,000

4. Savings by using low cost option ( buy from outside) $ 79,000

Explanation:

Computation of Break even point

Variable cost to make equipment in house                $ 25 per unit

Cost to purchase the unit from outside                       <u>$ 17 per unit</u>

Differential Cost per unit                                               <u>$ 8 per unit</u>

Fixed costs to be paid to outside supplier                  $ 220,000

Fixed costs to  be incurred in house                            <u>$  75,000</u>          

Incremental fixed costs                                                 $ 145,000

Break even point - Differential in fixed costs / Differential cost per  unit

$ 145,000/ $ 8 =                                                            18,125 units      

Computation of costs to make 28,000 units

Variable costs per unit -  $ 25 per unit

Units to be produced   -  28,000 units

Total Variable costs  $ 25 * 28,000 units                   $ 700,000

Fixed costs                                                                     $ <u> 75,000</u>

Total costs to make 28,000 units                               $ 775,000      

                               

Computation of costs to buy 28,000 units

Variable costs per unit -  $ 17 per unit

Units to be produced   -  28,000 units

Total Variable costs  $ 17 * 28,000 units                    $  476,000

Fixed costs                                                                    $  <u>220,000</u>

Total costs to make 28,000 units                              $ 696,000  

Computation of savings

Buying 28,000 units                                                    $ 775,000

Making 28,000 units                                                   <u>$ 696,000</u>

Savings from buying from outside                              $ 79,000                                

6 0
3 years ago
What is it about incentive systems that makes them so attractive to leaders attempting to implement organizational change
sveticcg [70]

Answer:

Incentive systems are so attractive to leaders who attempt to implement organizational change because they are powerful tools that can influence and motivate workers to embrace organizational change.

Explanation:

Incentive systems promote and encourage specific workers' actions or behavior. They are particularly used in businesses to motivate employees to adopt certain behaviors during a change transition by management.  Studies have shown that if correct incentive systems are correctly selected, implemented, and monitored, they can increase team performance by an average of 44 percent.  This improved performance makes incentive systems attractive to leaders who are implementing organizational changes.

4 0
3 years ago
Magic Realm, Inc., has developed a new fantasy board game. The company sold 16,400 games last year at a selling price of $70 per
olga nikolaevna [1]

Answer:

feelsbad

Explanation:

8 0
3 years ago
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