an investor purchased 687 shares of common stock, $23 par, for $24,045. subsequently, 116 shares were sold for $27 per share. what is the amount of gain or loss on the sale? a. $928 gain b. $1,392 loss c. $1,392 gain d. $928 loss
Answers
Cost per share = Total cost / Number of shares
Cost per share = $24,045 / 687
Cost per share = $35
Next, we can calculate the cost of the 116 shares that were sold:
Cost of 116 shares = 116 shares x $35 per share
Cost of 116 shares = $4,060
Since the shares were sold for $27 per share, the investor incurred a loss. We can calculate the loss as follows:
Loss = Proceeds from sale - Cost of shares sold
Loss = (116 shares x $27 per share) - $4,060
Loss = $3,132 - $4,060
Loss = -$928
Therefore, the amount of loss on the sale is $928. Answer: d) $928 loss.
Related Questions
When a team has high capacity to adapt and learn _________ , it brings a high level of knowledge and skill to its work.A)Productive OutputB) Free RidershipC)SatisfactionD) Capacity to Adapt and Learn
Answers
D) Capacity to Adapt and Learn. When a team has high capacity to adapt and learn, it brings a high level of knowledge and skill to its work. This means that the team members are able to quickly learn new information and skills, and can adapt to changes in their work environment.
This, in turn, leads to increased productivity and better outcomes for the team. When a team has high capacity to adapt and learn (D) Capacity to Adapt and Learn, it brings a high level of knowledge and skill to its work. As a result, the team members may pick up new knowledge and abilities rapidly and adjust to changes in their working environment. As a result, the team does more work and achieves better results.
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klljhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
Answers
Answer:
lalalaallalalaaaaaaa
Explanation:
Answer:
KLLJHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHOPE THIS HELPS ......
which of the following is a reason for offering branded services?
Answers
One of the reasons for offering branded services is to establish a unique identity and differentiation in the market. By offering branded services, companies can create a recognizable and trusted brand that sets them apart from competitors, attracts customers, and builds long-term relationships.
Branding plays a crucial role in the success of businesses, and offering branded services serves several purposes. Firstly, it allows companies to differentiate themselves from competitors in a crowded marketplace. By creating a unique brand identity, companies can communicate their value proposition and highlight the distinctive features and benefits of their services. This differentiation helps to attract customers who align with the brand's values and offerings.
Secondly, branding enhances recognition and trust. A well-established brand creates familiarity and builds customer trust. When customers see a recognized brand name associated with a service, they are more likely to perceive it as reliable and of high quality. Trust is an essential factor in consumer decision-making, and branding helps to establish that trust by signaling consistency, credibility, and professionalism.
Furthermore, offering branded services allows companies to establish an emotional connection with customers. A strong brand can evoke positive feelings, create a sense of belonging, and foster customer loyalty. When customers have a positive experience with a branded service, they are more likely to become repeat customers and advocates for the brand, leading to increased customer retention and word-of-mouth referrals.
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Suppose you are a manager at an advertising agency who is eager to utilize Covey's advice about delegation. Today, you need to work on a
presentation for a potential new client. This requires delegating a routine status report about an ongoing advertising campaign to Joanne. By
delegating the status report to Joanne, she has
for its completion.
Answers
Available Option Are:
Juanita must have authority over the resources and personnel needed to complete the status report You should help Juanita with the status report, to the extent you have timeJuanita will have full responsibility for the assignment Juanita will be held accountable for the results of the assignment.Answer:
Correct Options are 1, 3 and 4.
Explanation:
She also has authority to access the legitimate resources to complete the status report in due time. Hence Option 1 is correct.
However, after delegating the assignment to Joanne. I am not responsible to help her complete the task. I may have responsibility of reviewing the status report but I am not responsible for helping her to complete the status report whenever I am free. Hence Option 2 is incorrect.
The reason is that after delegating the task to Juanita with authority and responsibility to complete the assigned task, she is now responsible to complete the status report as the task is assigned to her. Hence option 3 is correct
If Juanita's status report was not difference making or in simple words the purpose of the status report was not fulfilled then she will accountable for the outcome. Hence Option 4 is correct.
_______ is combining two or more stages of the marketing channel under one management.
Answers
Supply chain management is combining two or more stages of the marketing channel under one management.
Supply chain management is the control of the flow of goods and services, and it encompasses all processes that turn raw materials into completed goods. In order to maximise customer value and gain a competitive edge in the market, it involves the purposeful simplification of a company's supply-side processes.
The primary management of the movement of products and services is supply chain management (SCM), which includes all processes that transform raw materials into finished goods.
By maximising the supply chain, businesses may cut back on wasteful spending and deliver items to customers more swiftly and efficiently.
Businesses avoid costly recalls and legal lawsuits and stay out of the limelight thanks to effective supply chain management.
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When a corporation fails, the maximum that can lost by an investor protected by limited liability is:________
Answers
When an investor is protected by limited liability, the most they can lose if the company in which they have invested goes bankrupt is the amount that they first invested.
Hence, Investment completes the sentence "...limited liability is an investment. "
This is further explained below.
What is the investment?Generally, When an investor is protected by limited liability, the most they can lose if the company in which they have invested goes bankrupt is the amount that they first invested.
Limited liability is one in which a person's financial obligation is restricted to a certain amount.
This predetermined amount is often equal to the value of the human's stake in a corporation, or firm.
In conclusion, Investing is using money now in the hopes of earning a higher return in the future. The goal of every investment is to provide a return that is higher than the initial outlay of resources
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Implementing and executing strategy successfully requires Implementing and executing strategy successfully requires:______________
A. the same kinds of creative management talent and innovative thinking capabilities as crafting strategy.
B. a financially driven process aimed at squeezing the most profit out of conducting daily operations.
C. the efforts of a company's whole management team, not just a few senior managers
D. a high caliber CEO that possesses the business vision, industry and competitive analysis skills, and entrepreneurial creativity needed to navigate the competitive landscape.
E. less managerial expertise and effort to perform well, at least in comparison with crafting a winning strategy.
Answers
Answer: C. . the efforts of a company's whole management team, not just a few senior managers
Explanation:
Planning, implementing and carrying out strategies requires a careful, collective and calculative decision to be made by all head of department and the board of an organization, because the decision taken will rub off through these departments for implementation. The decision or choice of decision should not be left to a few persons in the organization because when the ideas and plans are arranged the execution may fail as all the respective department were not involved by their heads.
Michael is a manager of a Perth council recycling centre, which enables local residents and property owners to dispose of additional general, green and e-waste and recycling, and is concerned that local residents' use of the centre is declining. He doesn't know why this is and has come to your research company for advice. Michael believes a survey of local residents is the best approach to find out why use of the centre is falling.
Outline a research design for this problem and comment on the manager's suggested approach. In your answer provide a definition of the problem, a statement of the information needed, and an outline of the design of the phases of the research (e.g., an explicit plan for the exploratory, descriptive and/or causal research that you propose should be undertaken).
Answers
Michael, the manager of a Perth council recycling centre is worried because of the declining use of the centre.
What is he not aware of?Michael is not aware of the reasons behind this and is seeking help from a research company to discover what could be causing the decline.
To achieve his objective, he wants to conduct a survey of local residents to discover the reasons behind this decline.
Information Needed:
To accomplish the study, the following information is needed:Discover why residents' use of the centre is declining.Measure residents' awareness of the existence of the recycling centre.What is the primary reason for the lack of awareness?
Discover the other options available to residents for disposal of their waste.
Outline of Research Design:
Step 1: Exploratory Research PhaseThe exploratory research phase involves discovering and analyzing the market situation. The manager would use an exploratory study to find out what was causing the decrease in the use of the recycling centre. Exploratory research would also include data on alternative sources that local residents use for waste disposal.Exploratory research may be conducted using secondary data obtained from a variety of sources, including the Internet, business magazines, and industry experts.Step 2: Descriptive Research PhaseIn the descriptive research phase, the manager will use a survey to obtain a detailed understanding of the attitudes, behavior, and demographics of the target population. Descriptive research may be conducted using a variety of research methods, such as online surveys, phone surveys, or in-person interviews.Step 3: Causal Research PhaseCausal research is concerned with discovering what causes particular actions or attitudes. The manager may seek to identify what actions could be taken to improve the use of the recycling centre through causal research. Causal research can be conducted through experimentation or surveys to determine how certain variables influence the response variables or how they are related to each other. Such research may lead to a better understanding of the causes of declining use and more effective measures to improve its usage.Comment on the Manager's Suggested Approach:
A survey of local residents is an excellent method of research for gathering quantitative information on the factors leading to the decline of use of the recycling centre. However, the survey should not be the only research method employed. Exploratory research may be conducted to obtain a broader understanding of the issue. Other research methods, such as causal research, can be used to create a more effective plan for improving the use of the recycling centre.To know more on Company visit: https://brainly.com/question/30532251
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what is the manager
Answers
Answer:
Karens go-to person
Explanation:Just because
Using the accounting equation (A = L + OE) calculate the amount of equity the company has if your assets are worth $10,000 total, while your debt is $5,000.
Answers
Answer:
$5,000
Explanation:
The Equation (A = L + OE) is the accounting equation that guides in preparing a balance sheet. The equation in full is
Assets = Liabilities + Owners Equity.
In this case
Assets = $10,000 , liabilities = $5,000, equity = ?
$10,000 = $5000 + Equity
Equity = $10,000 - $5,000
Equity = $5,000
Why do governments want to
keep their economies growing?
Answers
Answer:
to get stronger and have more power
Michael has the ability to create and articulate a realistic, credible, and attractive vision of the future for an organization or organizational unit that grows out of and improves on the future. Michael is a leader.
Answers
Which is an example of E-commerce? A. Hot dog stand B. Cable company C. Online boutique D. Car wash
Answers
An example of an E-commerce is an online boutique.
What is E-commerce?
E-commerce is a business that exists online. For example, if a person establishes sells items on a website or on a social media platform, the person is operating an e-commerce. An example of an e-commerce business is ASOS.
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Did someone see the Steelers and Washington FT game yesterday?
Answers
Answer:
Yes
Explanation:
Because I watched it
If a company transports its products to a foreign market for sale, which type of global business is being conducted?
Answers
When a company transports its products to a foreign market for sale, this global business is called exporting.
Most firms start their global business by utilizing the process of transporting the products to foreign markets for developing and expanding their business. Exporting is the simplest type of global business and a conventional entering strategy to foreign markets.
Exporting can be described as the advertising and selling of products created in one country into another. While no immediate assembling is expected in an abroad country, critical interests in promoting are required.
Exporting can be carried out using either a direct or indirect method i.e., through an agent. Whereas, selling the products in a foreign market is a customary and deeply grounded technique for arriving at unfamiliar business sectors.
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The adjusted trial balance for Yondel Company at December 31, 2018 is presented below: Accounts Debit Credit Cash $ 8,000 Prepaid rent 23,000 Land 445,000 Accounts payable $ 12,000 Salaries payable 20,000 Common stock 230,000 Retained earnings 109,000 Dividends 14,000 Service revenue 340,000 Salaries expense 160,000 Rent expense 29,000 Utilities expense 32,000 Totals $ 711,000 $ 711,000 Prepare the closing entries for Yondel Company for the year ended December 31, 2018.
Answers
Answer:
Explanation:
Cash =8000
Prepaid rent = 23,000
Land = 445000
Accounts payable = 12,000
Salaries payable = 20,000
Retained earnings = 109,000
Dividends = 14,000
Service revenue = 340,000
Salaries expenses = 160,0000
Rent expenses = 29,000
Utilities expenses = 32,000
Net income = Service revenue - Salaries-Rent-Utilities-
=340,000-160,000-29,000-32,000 = 119,000
Journal
1. Debit Service revenue - 340,000
Credit income summary - 340,000
2, Debit Income summary - 221,000
Credit Salaries expenses 160,000
Credit Rent expenses 29,000
Credit Utilities expenses 32,000
3 Debit Income summary 119,000
Credit retained earnings 119,000
4 Debit retained earnings 14,000
Credit retained earnings 14,000
What do borrowers use to secure a mortgage loan?
A. Credit Card
B. Down Payment
C. House
D. Land
E. Vehicle
I’m not sure if the answer is A and B, or if C is included too.
Answers
Answer:
A. and B.
Explanation:
mortgage loans are given to individuals by a certified bank against their property. In order to secure this loan the bank requires a down payment from the individual looking for the loan as well as the individual's credit card information. This credit card will be charged the amount that the individual owes the bank on a monthly basis.
Answer:
C,D,and E
Explanation:
For a mortgage to be secure it needs to be backed up by a valuable asset such as your car your house or land.
Which type of account (real, personal, or nominal) includes the following expenses of a business?
Expenses like rent, transportation, and advertising are part of a business’ ______
account, because they are fictitious.
Answers
Answer: Nominal account
Explanation:
Expenses like rent, transportation, and advertising are part of a business (Nominal) account, because they are fictitious.
Personal accounts are the accounts that have to do with individuals, or businesses. A real account is an account that isn't closed when the accounting period ends. The bqlnaces in the real account are carried to the following period. An example of this is cash.
Nominal account is an account that has a zero beginning balance at the start of the year. This is because when an accounting year ends, the nominal account will be closed.
Why is liability an especially important type of car insurance?
Answers
Answer: If you cause a car accident, liability insurance will cover injuries to other people and damage to their property. Liability car insurance, sometimes called "third-party" coverage, is one of the most important types of car insurance.
Explanation:
what is a capitalization rate? what are the different ways of arriving at this rate for an appraisal?
Answers
The rate on the total property is known as an overall rate or overall capitalization rate (debt and equity). The band of investment strategy is one method for calculating an overall rate.
What does capitalization rate mean?A rate that aids in analyzing a real estate investment is the capitalization rate, also referred to as the cap rate. Net operating income divided by the asset's current market value (sale price) is the cap rate.
The capitalization rate demonstrates the possible rate of return on an investment in real estate. By calculating the net present value (NPV) of anticipated future net profits or net cash flow, the capitalization approach is a technique for determining the fair value of an asset, such as income-producing real estate.
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Identify and explain two reasons why effective communication within a business is important to the management
Answers
Answer:
Why effective communication within a business is important to the management?
In order to attain your objectives, it is critical to communicate well during negotiations. Within the business, communication is also crucial. Effective communication can aid in the development of a positive working connection between you and your employees, which can enhance morale and productivity.
Explanation:
It Builds and Maintains Relationships: Positive interactions with people help to form and maintain relationships. Communication will be crucial in this process; without it, it would be difficult to build and maintain fruitful partnerships. Communication is an important component of any relationship. Two people cannot be friends until they begin to communicate with one another. A supervisor-underling relationship is similar, in that the boss should be able to explain how to do his job to a new office worker.
It Facilitates Innovation: Collaboration and innovation inside the unit or organisation can be improved when employees feel free to express themselves. Employees, for example, will be able to share their ideas on how to improve a company process. Furthermore, if employees are unable to communicate their ideas owing to a lack of communication skills, the idea is unlikely to be fully implemented.
Complete the sentence.
A(n) ____ should always behave responsibly and appropriately online.
Answers
Answer:on edge its digital citizen
Explanation:i got 100%
Answer: Below
Explanation:
ntdSraacmdneorPafer difinition
Answers
Answer:
what is the questions word
Explanation:
what is the collective name for creations that are not the intellectual property of anybody? unclaimed works federal reserve public domain royalty free
Answers
The collective name for creations that are not the intellectual property of anybody is the public domain.
Public Domain means that the works are available for anyone to use without having to pay royalties or obtain permission from the original creator. The Federal Reserve, on the other hand, is the central banking system of the United States that regulates monetary policy and oversees financial institutions. Royalty refers to the payment made to the owner of intellectual property for the use of their creation.
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A property is assessed at $39,000. The local municipality has an equalization rate of 5%. What is the market value of the property...
Answers
Answer:
$780,000
Explanation:
Calculation for the market value of the property
Using this formula
Market Value=Assessed property/Equalization rate
Let plug in the formula
Market Value=$39,000/0.05
Market Value=$780,000
Therefore the market value of the property will be $780,000
2. The owner of a franchise benefits from brand name recognition, access to professional
and nationwide advertising.
Answers
Answer:
True
Explanation:
It is TRUE that the owner of a franchise benefits from brand name recognition, access to professional and nationwide advertising.
This is because the owner of a franchise has various advantages. The advantages include enhanced reputation which covers all the places there is a franchise.
Then there is an increase in management techniques and work practices, including access to national advertising to cover many places and continuous support.
What percentage of a participant's income are group long-term disability benefits amounts typically limited to?
Answers
The percentage of a participant's income is group long-term disability benefits amounts typically limited to 60%.
Depending on the particular policy and the rules of the plan sponsor, the amount of group long-term disability (LTD) payments that are normally limited to a participant's salary can change. However, a typical cap is 60% of the participant's earnings prior to incapacity.
As a result, if a person develops a condition that prevents them from working, they will receive LTD benefits equal to up to 60% of their pre-disability income.
It's vital to keep in mind that group LTD benefits may also be subject to additional restrictions and requirements, including minimum and maximum benefit amounts, waiting periods before benefits start, and benefit length.
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Shen Systems purchased equipment four years ago at a cost of $218,000. The equipment is valued at $97,400 on today's balance sheet but could actually be sold for $92,900. This is the only fixed asset the firm owns. Net working capital is $41,300 and long-term debt is $102,800. What is the book value of shareholders' equity
Answers
Book value of shareholders' equity is the difference between the assets and liabilities of the company. It is the main answer for this question. Here's the explanation:Assets = Equipment + Net working capital = $97,400 + $41,300 = $138,700
Liabilities = Long-term debt = $102,800Book value of shareholders' equity = Assets - Liabilities = $138,700 - $102,800 = $35,900Therefore, the book value of shareholders' equity is $35,900.
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Book Value of Shareholders' Equity is $31,400.
The book value of shareholders' equity is obtained by deducting the liabilities from the assets. It is one of the important figures in accounting.
Shareholders' equity, also known as net worth, is calculated by subtracting the total liabilities from the total assets. Assets = Liabilities + Shareholders' Equity Equipment's book value is $97,400. If it is sold today, it will yield $92,900. Therefore, depreciation is: $97,400 - $92,900 = $4,500
The value of total assets is $97,400 + $41,300 = $138,700The total liabilities are $102,800Shareholders' equity is calculated by subtracting liabilities from assets.$138,700 - $102,800 = $35,900
However, we must also consider the equipment's accumulated depreciation to get the book value of shareholders' equity:Book Value of Shareholders' Equity = Total Assets - Liabilities - Accumulated Depreciation= $138,700 - $102,800 - $4,500= $31,400
Finally, shareholders' equity is increased by the equipment's actual sale price: $31,400 + $92,900 = $56,300
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1. Give the three (3)
business resources
Answers
Answer:
Financial Resources
Human Resources
Educational Resources
Explanation:
A university received national recognition for discovering an ancient civilization in Africa. To gain access to the site, dig up the remains, study the civilization and its artifacts, and properly store the items, the university called on a team of professors. Which best describes who the university chose for this project?
Answers
Answer: Archeologist, Mectronics Engineer, Historian and Material Scientist.
Explanation:
Since the university needs someone to dig up the remains, the archeologist will be useful as the person will help study the remains.
The historian is someone who studies what happened in the past and will be useful as well. The engineer will use his or her skills to help when the ground is dug so as to dug the necessary part and the material scientist is useful as well to help study the materials involved.
Answer:
d
Explanation: