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Neko [114]
3 years ago
6

Doc's ribhouse had beginning equity of 79000 and net icome of 23000. The company has no other transaction impacting equity. Calc

ulate the ending equity
Business
1 answer:
____ [38]3 years ago
7 0

Doc's ribhouse ending equity would be $102,000 if has beginning equity of 79000 and net icome of 23000.

<h3>What is equity?</h3>

Equity is the amount of capital invested or owned by the owner of a company. The equity is evaluated by the difference between liabilities and assets recorded.

Doc's ribhouse beginning equity

= $79,000

Net income

= $23,000

Ending equity

= ?

Ending Equity

= Beginning Equity + Net Income - Dividends

= $79,000 + $2

= $102,000

Hence, Doc's ribhouse ending equity would be $102,000

Learn more about equity here : brainly.com/question/11556132

#SPJ1  

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Which of the following is most likely a topic of discussion in macroeconomics?an increase in the price of a hamburgera decrease
otez555 [7]

Answer:

a decrease in the unemployment rate

Explanation:

Macroeconomics is a branch of economics that studies the economy as a whole. Economic variables studied in macroenomics includes GDP, unemployment, inflation etc

Microeconomics is a branch of economics that studies the behaviour of economic agents- individuals and firms in the economy.

I hope my answer helps you

4 0
3 years ago
Match each right or responsibility in a home rental agreement with the correct party.
Salsk061 [2.6K]

1) renter's right----------return of deposit to renter after the rental agreement ends

Most states expect landlords to refund security deposits they gather inside a specific time period after the occupancy closes. Landlords may subtract from the security store any legitimate derivations for repairs and different harms made by the rent and state law.  

You ought to request that a landlord to refund your deposit toward the finish of your tenancy.If your proprietor doesn't consent to the discount, the custodial plan holds the cash until the point that the debate is settled by the plan's question goals benefit or by the court.

2) renter's responsibility-----------b)basic housekeeping and damages caused by renter

Renters are commonly responsible of guaranteeing their property remains sanitary, clean and in decent shape. A landlord is generally not in charge of making any repairs caused by the inhabitant's own imprudence. Be that as it may, if an inhabitant sees an issue and neglects to report it to the landowner, the occupant might be held subject for extra harm that would not have happened had the occupant made an opportune protest.  

3) landlord's right-----------eviction of renter for continued late payment of rent

Gathering late rent can be a standout among the most disappointing parts about being a landlord. All things considered, collecting money for the utilization of your rental property is the essential reason you got into land contributing.  

At the point when renters drive landlords to begin the eviction procedure, it can appear as though getting any sort of cash out of the procedure is quite a while away. It's not unusual for the renter to get irate when they get a notice that the eviction procedure has been begun.

4) landlord's responsibility-----------a) removing bedbugs from property

Bed bug issue? It happens to even the best of apartments. Bed bugs can get a ride in your bag or utilized furniture (be careful with second hand sleeping cushions!) or on your apparel. The critters can even go from another loft in your building.  

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6 0
3 years ago
A registered broker-dealer has an employee who is not registered as an agent in that State. The employee wishes to sell U.S. Gov
nikitadnepr [17]

Answer:

A.

Explanation:

Based on the answers provided it can be said that in this scenario statement "A" is true, The employee is prohibited from selling the U.S. Government bonds unless he is registered as an agent in that State. Any agent trying to sell a security in that State, needs to be registered or fall under an exemption provided from registration, and since no exemption is provided to agents of broker-dealers that offer U.S. Government securities he needs to be registered.

4 0
4 years ago
ABC Enterprises issues $400,000 of bonds paying a stated interest rate of 7%. The bonds are due in 10 years, with interest payab
Ainat [17]

Answer:

$305,772.29  

The bond was issued at discount

Explanation:

The pv value approach in excel comes handy in determining the price of teh bond.

The formula is stated below:

=-pv(rate,nper,pmt,fv)

rate is the yield to maturity of other bonds of similar risk and maturity at 11%

nper is the number of times that the bond would pay coupon interest to the bondholders ,since the bond is an annual coupon paying bond,it would pay coupon for 10 years

pmt is dollar value of the coupon payable by the bond annually which is 7%*$400,000=$28,000

fv is the face value of the bond at $400,000

=-pv(11%,10,28000,400000)=$305,772.29  

Since the bond was be issued at a price lower than its face value,hence it was issued at a discount

Alternatively

Present value of interest payment = 28000 * 5.8892 = 164,898

Present value of Bond Principal = 400000 * 0.3522 = 140,874.

Total present values                                                        305,772

4 0
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iragen [17]
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