Answer:
total stockholders' equity = $660000
Explanation:
given data
Issued = 15,000 shares
par value = $0.01 per share
issued = $39.00 per share
net income = $300,000
Paid dividends = $15.00 per share
to find out
total stockholders' equity
solution
we get here common stock that is express as
common stock = 15,000 × $39
common stock = $585000
and
dividends is = $15 × 15000
dividends = 225000
so
total stockholders' equity will be
total stockholders' equity = common stock + net income - dividends
total stockholders' equity = $585000 + $300,000 - 225000
total stockholders' equity = $660000
Answer: Limited partner.
Explanation:
A limited partner is part of the ownership of a partnership business, whose liability in the business, can't go beyond his capital invested into the business.
The partner who bears much of the liability of a partnership business is the general partner, which is the more active business owner.
Answer:
$ 43,135.67
Explanation:
The amount required today is the present value of the future expected amount in 11 years computed using the present value formula below:
PV=FV/(1+r)^n*m
PV=the unknown present value
FV=$76,000
r=monthly interest rate=0.43%
n=number of years=11
m=number of months in 1 year=12
PV=$76,000/(1+0.43%)^(11*12)
PV=$76,000/(1+0.43%)^132
PV=$76,000/1.761883042
PV=$ 43,135.67
Answer:
11.11
Explanation:
λ=1/100/day
K=10,000
Therefore the expected length of time for replacing a burned-out lamp is equally the expected waiting time in the system which is W.
L= 1,000 (average number of burned-out lamps)
Effective arrival rate:
¯λ=λ(K-L) =1/100(10,000-1,000) = 90/day
Average length of time it takes to replace a burned-out lamp is:
W=L/¯λ= 1,000/90 =11.11
Mafia, Inc. is not living up to the contract since the company is supposed to replace the burned-out street lamp in an average of 7 days.
