Answer:
45.45%
Explanation:
The total selling price was $200,000 (paid on the date of the sale) + $900,000 (note received) = $1,100,000
Juan's cost of he land = $700,000 (basis) - $100,000 (mortgage) = $600,000
Juan's profit = $1,100,000 - $600,000
Juan's gross profit percentage = $500,000 / $1,100,000 = 45.45%
<span>One
firm that is historically low and deals with negatively correlated stock
markets is Gold Extraction Companies. They are have very low correction with
overall stock markets. The basic reason for this low correlation is that, as
the stock market become bearish, investor sentiment becomes weak, due to which
most of the investors withdraw their money from stock market. Now once investor
has withdrawn the money from stock market , they search on safe investments
which will provide them good reruns, Gold is one of the investment which is
relatively safe and provide high returns. Thus withdrawn money from the share
market is invested in gold by investors. Thus Gold prices and companies related
to extraction of gold have very less correlation to the gold.</span>
A transaction is any monetary business event that impacts a business's financial statements.
<h3>The journal entries </h3>
The journal entries are as follows
On August 4
Account Receivable $610
To Sales Revenue $610
(Being the goods sold on credit basis is recorded)
On August 7
Sales Return and Allowances $60
To Accounts Receivable $60
(Being the sales allowance is recorded)
On August 12
Sales Discount $11
Cash $539
To Accounts Receivable $550
(Being the amount paid is recorded after considering the 2% discount
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Answer:
auto pay takes money out automatically
Answer: conducting lectures in sustainable agriculture
Explanation: the description states that they help with environmental rights there for leading to agriculture and showing why they would support this activity