Answer:
=E7/B7*100
Explanation:
For Kelly to want to see Joan's bonuses as a percentage of her base salary is because Kelly has already calculated the amount she was entitled to but she wants to know compare Joan's bonuses to her base salary. So to get that Kelly has to do divide Joan's total bonuses by her base salary then multiply by 100% the formula structure in cell G7 will be: =E7/B7*100
Answer:
D)$1.32
Explanation:
For computing the earning per share, we need to apply the formula which is shown below:
= (Net income - preference dividend) ÷ (average of outstanding shares)
where,
Average of outstanding shares = (Beginning balance of outstanding shares + ending balance of outstanding shares) ÷ 2
The other items value will remain the same
Now put these values to the above formula
So, the value would equal to
= ($500,480 - 251,003) ÷ {(200,180 shares +180,150 shares ) ÷ 2}
= $249477 ÷ 190165 shares
= $1.32
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $4,680
Credit card expenses A/c Dr $120 ($4,800 × 2.5%)
To Sales $4,800
(Being the deposit is recorded and the remaining balance is debited to the cash account)
We debited the cash and the credit card expenses account and credited the sales account so that proper entry would be recorded.
The correct matches are as follows:
1. DISTRIBUTION FEE: Management companies pay brokers 0.1% fee for marketing the fund.
In mutual fund business, distribution fee refers to the amount of money that is charged for marketing and selling fund shares. The money is used for such thing as compensating the brokers or those who sell the fund shares, paying for advertisement, printing and mailing of sales literature, etc. The distribution fee is typically capped at 0.75% of mutual asset.
2. ACCOUNT MAINTENANCE FEE: $20 broker fee charged against the mutual fund.
This is the amount of money that a broker charges for maintaing each mutual fund in an account. The fee is paid on a yearly basis by the mutual fund to the broker. Thus, for an investor who hold five mutual funds, his broker will be paid $100 every year.
3. REVENUE SHARING FEE: Payment to company that investors go through to buy the mutual funds.
Revenue sharing is said to occur when the mutual fund company makes payment to the broker or a dealer that is involved in the investment. Revenue sharing can take many form and is usually calculated as a percentage of the invested amount. Revenue sharing serves as incentives to brokers to promote one fund relative to another.
4. SHAREHOLDER SERVICE FEE: 25% broker fee charged against the mutual fund for servicing the account.
This is the amount of money that a broker is paid for servicing an account. Under the current regulations, a broker can be paid as much as 0.25% of the worth of a mutual investment as a payment for servicing the account.
<span />
Answer:
itll be 10
Explanation:
because on how itll show for the energy on demand
