It is given that Joseph purchased 100 shares of ABCD Growth Fund for a price of $10.00 per share with a total investment of $1,000. At the end of the year he sold his investment for $11.20 per share. Find the total capital gain.
To get the capital gain, compute the total price in which Joseph sold his investment.
$11.20 x 100 = $1,120
Subtract the answer to the total price bought by Joseph
$1,120 - $1,000 = $120
The total capital gain is $120
Answer:
value of right = $1.95
Explanation:
given data
new shares = $19 plus 3
current market price = $26.80
to find out
value of one right
solution
we get here value of rights that is express as
value of rights =
.............1
value of rights =
value of rights = 
value of right = $1.95
Answer:
The answer is National Labor Relations Act (Wagner Act)
Explanation:
The national labor Act of 1935 provides workers with the right to organize and join labor union. The Act also provides workers with a framework for collective bargaining. The Wagner Act prohibits the interference or coercion of workers to exercise their rights of organizing or joining labor unions alongside bargaining collectively for their working conditions or wages.
Moreover, the Act prohibits the employer from the refusal to bargain with employees' representatives.
Among the choices the situations is the best use of endnotes in a business report is letter C which is <span> There are many references and readers are unlikely to check details of sources.
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Answer:
Explanation:
The journal entry is shown below:
Accumulated depreciation - machine A/c Dr $28,000
Loss on disposal of machine A/c $1,000
To Cash $1,000
To Machinery A/c $28,000
(Being the disposal of machinery is recorded)
For disposal of machinery, we debited the accumulated depreciation, loss on disposal of machine and credited the cash account and machinery account