The amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.
<h3>What is liability?</h3>
"At the beginning of year 2, a government entity had a $500,000 judgment outstanding. The government entity paid $400,000 of the judgment during year 2. The remaining balance of the judgment includes $25,000 payable early in year 3 and $75,000 payable at the end of year 4. What amount should the government entity report as a liability for the judgment in its year2 governmental fund financial statements?
A) $500,000 B) $100,000 C) $75,000 D) $25,000
It should be noted that liability simply means the future sacrifices of economic benefit that an entity is obliged to make.
Here, the amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.
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Answer:
Relationships.
Explanation:
We maintain ourselves worth by trying to please excel meditate and even control or change ourselves to be closer to the people we love most.
One benefit is that you are helping the other person talk through there problems
strengthen your relationship with that person
Making the other person feel appreciated
Hope this helps you have a great night!!!
Answer:
21%
Explanation:
Given that,
Cost of share = $21.70
Expect to pay dividend in year 1 = $1.00
Expect to pay dividend in year 2 = $1.16
Expect to pay dividend in year 3 = $1.3456
Expected selling price of share at the end of year 3 = $28.15
Growth rate in Dividends:
= [(Dividend in Year 2 - Dividend in Year 1) ÷ Dividend in Year 1] × 100
= [($1.16 - $1.00) ÷ $1.00] × 100
= 0.16 × 100
= 16%
Expected dividend yield
:
= (Dividend in year 1 ÷ Cost of Share
) × 100
= (1.00 ÷ $21.70) × 100
= 0.05 × 100
= 5%
Stock's expected total rate of return:
= Expected Dividend Yield + Growth rate in Dividends
= 5% + 16%
= 21%
Answer:
D) 200 percent profit; 100 percent loss.
Explanation:
There is a 50% chance that the company will make profit (20% profit) and 50% chance that it will lose money (20% loss).
Balin borrows $90 and invests $10 from his own money.
50% profit chance = $120 - $90 = $30 (200% profit)
50% loss chance = $80 - $90 = -$10 (100% loss)
