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Svetradugi [14.3K]
2 years ago
7

On March 14, Apple Corporation purchased 6,000 shares of Pear Inc. for $25 per share plus a $340 brokerage fee. On June 30, when

the shares were trading at $27, Apple prepared an adjustment to fair value and recorded the annual dividend of $0.40 per share. On August 14, Apple sold 4,000 shares of Pear for $29 per share less a brokerage fee of $225. The journal entry at the date of sale would include
a) a debit to cash for $115,775.
b) a debit to cash for $108,000.
c) a credit to investments for $100,000.
d) a credit to gain on the sale of investments for $8,000.
Business
1 answer:
Likurg_2 [28]2 years ago
5 0

Answer:

c

Explanation:

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A dozen eggs cost $0.88 in january 1980 and $2.11 in january 2015.
Lera25 [3.4K]
Initial price = $0.88 (Jan. 1980)
Final price = $2.11 (Jan. 2015)

Change in price = $2.11 - $0.88 = $1.23
Percentage rise in price = 100(1.23/0.88) = 139.8% ≈ 140%
The average yearly rise in price = 139.8/(2015-1980) ≈ 4%

Answer:
Total percent rise in price = 140%
Average yearly rise in price = 4%
6 0
1 year ago
One year ago, Deltona Motor Parts deposited $16,500 in an investment account for the purpose of buying new equipment three years
IgorC [24]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

One year ago, Deltona Motor Parts deposited $16,500 in an investment account to buy new equipment three years from today. Today, it is adding another $12,000 to this account. The company plans on making a final deposit of $20,000 to the account one year from today.

To calculate the future value of the investment, we need to use the following formula:

FV= PV*(1+i)^n

First deposit= 16,500*(1.045^4)= 19,676.56

Second deposit= 12,000*(1.045^3)= 13,694

Third deposit= 20,000*(1.045^2)= 21,840.5

Total= $55,211.06

5 0
1 year ago
Which of the following statements is true of ISO 9000? Group of answer choices It is a sustainability certification for those in
sergejj [24]

Answer:

The correct answer is the last option: All of the above are true.

Explanation:

To begin with, the name of <em>"ISO 9000"</em> refers to a set of standards that help to any type of organization to be better at its main goal or purpose when it comes to satisfies its stakeholders' needs. Moreover, those standards focus on the control of the quality of the company and also in the management of its managers and the whole gruop of employees as well. In addition to that, it also helps the clients to know which companies are the best of the best in what they do, by having the certificate of ISO 9001 and only the companies that complete with those standards are the ones in getting it so therefore that they must have every process properly documented.

7 0
2 years ago
Wendy, the CEO of an oil drilling company, and her top management team recently discovered that their facilities are damaging a
wel

Answer: Bagley's ethical leader's decision tree

Explanation: In simple words, It refers to a framework that helps the managers of an organisation to take decisions regarding which they are uncertain and doubtful. It take into consideration all the possibilities and shortlists them on the basis of situation priorities.

In the given case, Wendy wants to determine whether they should close the facility temprarily or permanently. They are uncertain which action would be legal and correct.

Hence from the above we can conclude that they are using Bagley decision tree.

5 0
1 year ago
Carrie enjoyed observing wildlife in natural habitats. She wanted to be able to hide at a distance but observe wildlife close up
jek_recluse [69]

Answer: 1. The core benefit

2. Expected product

Explanation:

Product Levels model indicates the degree to which certain products and services meet the expectations of customers. There are basically five product levels models which include; Core benefit, Generic product, Expected product, Augmented product, and Potential product.

The two product levels model Carrie experienced in her purchase of the Nikon 7576, and Monarch 5 are;

a. The core benefit: A product meets the core benefit when it meets the needs of the customer. The two products purchased by Carrie satisfy her basic need of binoculars that would enable her to observe wildlife from a distance.

b. Expected Product: This is factored when the product features meets the expectation of the customer. In Carrie's case, she liked the feel and features of these devices and this implies that they met her expectations.

6 0
1 year ago
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