Answer:
$10,500 loss
Explanation:
The computation of the net income affected is shown below:
Since Big Ben purchased shares of Little Trick on 1st April ,so it has the right to receive 30% of the net income for nine months i.e from April 1 to December 31
Now the Earnings from Little Trick is
= $20,000 × 30% × 9 months ÷ 12 months
= $4,500
And, the Compensation paid is $15,000
So, the loss is
= $15,000 - $4,500
= $10,500
<span>The gang recruitment strategy is a type of recruitment strategy that uses physical and/or psychological pressure on potential members and threatens that either they or their family will be attacked if they fail to join.
This type of recruitment strategy will show members what needs to be improved and what is going good for the current recruitment process. The potential members have challenges to overcome and one on one interviews. </span>
Answer: d. provide disclosure in the footnotes to the financial statements.
Explanation:
A contingent liability is an obligation that a company might owe in future depending on the outcome of an event such as a law suit.
To record a contingent liability in the books, two conditions must be satisfied;
- Loss must be probable
- Amount must be estimable
If these two conditions are not satisfied then the contingent liability may simply be disclosed as a footnote in the financial statement. The amount here is not estimable so can be disclosed as a footnote.
Answer:
The formula for average is =AVERAGE(E15,E16).
The formula for highest is =MAX(F15,F16).
The formula for lowest is =MIN(G15,G16).
Explanation:
In MS Excel, on the left hand side below the tool bar there is a small box which tells the cell name where the cursor is clicked, the name of the cell can be changed from here easily, click on the desired cell and then by clicking on the box you can enter the name of the cell. After a cell is renamed the formula can be written by simply putting the name of the cell instead of the original e.g. E13
The formula for average is =AVERAGE(E15,E16).
The formula for highest is =MAX(F15,F16).
The formula for lowest is =MIN(G15,G16).
The cells provided in the formula above is just an example and more than two cells can be selected.
Answer:
D. Zeta prevails, but only if the assignment is signed and in writing
Explanation:
Zeta prevails but only if the assignment is in writing and is signed.
If the assignment is express thereby and is signed by the parties in contract , then zeta can demand the amount from willy. Without any written consent and permission , willy cannot enforce the payment to zeta.
This is the best option in this case .
