Answer:
Hey
Explanation:I need points to keep going
Answer:
$2,049
Explanation:
The profit or loss on a stock portfolio can be determined by by comparing the stock closing value at a specific date and the purchase price.
As per given data
Stock Shares Allocated Price
A 700 $22.15
B 360 $26.43
C 240 $28.87
Purchase price = (700 + 360 + 240 ) shares x $23 = $29,900
First day Closing Value of Portfolio
Stock Shares Allocated Price Value
A 700 $22.15 $15,505
B 360 $26.43 $9,514.8
C 240 $28.87 <u> $6,928.8 </u>
Total <u>$31,948.6</u>
Profit on the first day closing = Closing price of Portfolio - Purchase price
Profit on the first day closing = $31,948.6 - $29,900 = $2,048.6
Answer:
<em><u>Accounting result</u></em>
revenues 723,000
cost <u> (690,000) </u>
income 33,000
<em><u>Economic result</u></em>
Accounting income 33,000
opportunity cost rent: (2,000)
opportunity cost wages:<u> (20,000) </u>
economic profit 11.000
Explanation:
The accounting will consider only the explicit cost whch are therevenues and expenses incurred during the period, In the other hand, the economist approach will also cosider the renounce utility of the factor in this case, the 2,000 for renting and 20,000 for working somewhere else.
Standardization and innovation play critical roles in the development of goods and services. Standardization allows for a stabilized starting point in which to move forward and develop other goods and services which is related to innovation. Standardization provides stability, a known factor which can be relied upon, whereas innovation is riskier and may not come to be successful endeavor. However, like all risk, that is the payoff for the investment in innovation, for if the innovative good or service can be successfully brought to market, the dividends for a payout can be well worth it.
Answer:
cash 560,000 debit
bonds payable 560,000 credit
--to record issuance of the bonds--
interest expense 16,800 debit
cash 16,800 credit
--to record interest payment on bonds--
interest expense 16,800 debit
cash 16,800 credit
--to record interest payment on bonds--
Explanation:
As the face value equals the market value (bond rate equals the market rate)
The company will not recognize any discount or premium.
the interest expense will match the coupon payment.
the rate is 6% annual so we diviede by two to get teh semiannual rate:
0.06 / 2 = 0.03
cash proceeds / interst expense
560,000 x 0.03 = 16,800