Answer:
Lopez Sales Company
1. Amount of Gross Margin recognized by Lopez:
Sales = $81,600
Less cost of sales = $38,400
Gross Margin = $43,200
2. Amount of the gain on the sale of land recognized by Lopez:
Land:
Selling price = $81,000
less Cost = $43,200
Gain on sale = $37,800
Explanation:
a) Gross margin is the difference between the selling price and the cost price of a product. It is the profit determined before business running expenses are deducted to obtain the net income or margin.
It measures the ability of the business to generate enough income to cover expenses that are normally incurred in business, like rent, utilities, and salaries and wages.
b) The Gain on sale of any capital asset is the difference between the selling price and the cost (book value). This gain is reported separately in the income statement and is the subject of capital gains tax.
Answer:
Constituency
Explanation:
CSIRT stands for Computer Security Incident Response Team, they are a group of experts that are hired to handle all incidents that occurred within your computer system.
In CSIRT term, constituency refers to area of expertise that each members of the team possess along with division of responsibilities that they have within the team . Having wider range of constituency tend to make the team become more efficient and capable to handle different types of attacks to the system.
If student and course participate, that relationship is called a Binary Relationship
Explanation:
Binary Entity:
it can be defined as the relationship between 2 different entities.
The binary entity is of 3 types namely
- one to one (eg: person and diving license)
- one to many ( eg: project and employee )
- many to many (eg: student and books)
The binary of teacher and subject can be explained by
<em>teacher</em> → teaches → <em>subject</em>
Elmo would sign the check on the front signature line and Kris would sign the back side of the check to authorize it
Answer:
It will grow to $229.91
Explanation:
Amount (A) = Pe^rt
P is the amount invested = $100
r is the rate of return = 9.25% = 9.25/100 = 0.0925
t is the duration of the investment = 9 years
A = 100e^(0.0925 × 9) = 100e^0.8325 = $229.91 (to 2 decimal places)
