Answer:
$178,000
Explanation:
The computation of the total stockholders' equity is shown below:
= Share capital + additional paid in capital - deficit balance in retained earnings
where,
Share capital = 19,000 shares × $3 = $57,000
Additional paid in capital = 19,000 shares × $11 = $209,000
And, the deficit balance in Retained Earnings is $88,000
Now put these values to the above formula
So, the value would be equal to
= $57,000 + $209,000 - $88,000
= $178,000
Answer:
<em>Stereotyping</em>
Explanation:
Stereotyping means making an assumption, which might not be true about an individual or a group of people by another person or group. Stereotyping occurs when the individual fails to do in-depth research about the person he/she is making assumptions about. Stereotyping can be neutral positive or negative.
<em>Laurel is just making assumptions about her male employees been more creative than their female counterpart creativity. Laurel doesn't have fact to back this up, therefore laurel is stereotyping female employees in her organization.</em>
I think it is D ...... sorry if it is wrong .-.
Answer:
1. Adjusted net income = Ending inventory higher by amount * (1-Tax rate) = $70,000*(1-34%) = $70,000 * 66% = $46,200
Details Amount
Beginning retained earnings for the year 2017 $880,000
Add: Adjusted net income <u>$46,200</u>
Beginning adjusted retained earnings for year 2017 <u>$926,200</u>
2. Tax payable = Inventory * Tax rate = $70,000*34% = $23,800
Date Account Titles and Explanation Debit Credit
Inventory $70,000
Retained earnings $46,200
Tax payable $23,800
(To record adjustment of ending inventory)
