1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tatiana [17]
3 years ago
7

At the beginning of 2019, a corporation had assets of $270,000 and liabilities of $160,000. During 2019, assets increase $25,000

and liabilities increase $5,000. What was stockholders' equity on December 31, 2019?
Business
1 answer:
Doss [256]3 years ago
4 0

Answer:

Shareholders Equity = $130000

Explanation:

given data

asset beginning  = $270,000

liabilities beginning = $160,000

assets increase = $25,000

liabilities increase =  $5,000

solution

Shareholders Equity on Dec 31 , 2014 is $111000

first we get here total Assets that is express as

total Assets = Assets at the beginning + assets increase   ...............1

total Assets = $270000 + $25,000

total Assets = $295000

now we get total Liabilities that is

total Liabilities = Liabilities at beginning + liabilities increase   ...........2

total Liabilities = $160,000 +  $5,000

total Liabilities = $165000

so here Shareholders Equity will be as

Shareholders Equity = total Assets - total Liabilities    ..............3

Shareholders Equity = $295000 - $165000  

Shareholders Equity = $130000

You might be interested in
Kim Inc. is considering the replacement of a piece of equipment with a newer model. The following data has been collected: Old E
Ulleksa [173]

Answer:

Kim Inc.

The net advantage (disadvantage) of replacing the old equipment with the new equipment is:

= $7,500.

Explanation:

a) Data and Calculations:

                                                     Old Equipment     New Equipment  

Purchase price                                 $262,500              $450,000

Accumulated depreciation                  95,000               0  

Annual operating costs                     300,000                245,000

Total operating costs for 10 years 3,000,000             2,450,000

Salvage                                                 92,500             0

Total incremental cost                 $2,907,500           $2,900,000

b) The net advantage obtained by Kim for replacing the old equipment with the new equipment is $7,500 ($2,907,500 - $2,900,000).  Note that the purchase price of the old equipment with its accumulated depreciation are not relevant costs.  This case is worked out without taking into account the time value of money.  Assuming that the present value of the cash flows was computed, a different result and conclusion would be reached.

4 0
3 years ago
If you wanted to make sure a company has enough money available to pay its bills, which financial statement would
lisov135 [29]

Answer:

D. Cash flow statement

Explanation:

that is the answer

hope I helped you

8 0
3 years ago
People in the engineering, marketing, and operations departments were angry at each other, and to stop the finger-pointing, the
Licemer1 [7]

Answer:

The correct word for the blank space is: human.

Explanation:

Human or interpersonal skills are those abilities people have that let them interact with others effectively. Human skills are a must-need capability managers should develop at the moment of resolving conflicts within their organizations and dealing with employees in the day by day firm's operations.

4 0
3 years ago
________ distribution is a strategy in which producers of convenience prodcuts and raw material stock their products in as many
dem82 [27]

Answer:

Intensive Distribution

Explanation:

Intensive distribution is a strategy in which producers of convenience products and raw material stock their products in as many outlets as possible.

In this strategy, the producers of convenience products try to provide the product to the consumers where and when they want. In this way, consumers get brand exposure for any product they wish to buy and also it made convenient for them to buy the product. Example of such products are soaps, biscuits etc.

Thus the answer for the question is Intensive Distribution.

5 0
3 years ago
Read 2 more answers
Health Care Event Protection
Genrish500 [490]

Answer:

$ 132,500

$4,250

$9000

Explanation:

From the given information:

Christina Haley of San Marcos who's aged 57 years recently suffered from stroke.

She was in intensive care for 3 days and was hospitalized for 10 more days

Total bill = $135,500

After Discharge;

she spent 25 days in a nursing home at a cost of $170 per day

Amount earned by Christiana per month at her work = $4500

She missed 2 months of going to work.

Christina had a health insurance plan through her employer.

The policy had a $1,000 deductible and an 80/20 coinsurance clause with a $2,000 coinsurance cap

1. How much of Christina’s direct medical expenses was paid by her insurance policy?

The amount the insurance policy paid  can be known by the expression:

= Total bill amount for the care - deduction for policy - coinsurance cap

= $135,000 - $1000 - $2,000

= $ 132,500

2. What did Christina have to pay for her nursing home care?

We are being told that She spent 25 days in a nursing home at a cost of $170 per day

Thus; the amount  Christina have to pay for her nursing home care = 25 × $ 170

= $4,250

3. How much income did Christina lose?

We knew she missed two months from work and she collect $4500 per month.

Thus the amount of income she lose =  $4500 × 2

the amount of income she lose = $9000

5 0
3 years ago
Other questions:
  • During 2017, William purchases the following capital assets for use in his catering business:
    5·1 answer
  • As a financial advisor, what will you tell your client, Ryan, he should be willing to pay for an investment property that he pla
    7·1 answer
  • Significant data shows that bad physicians are the ones who get sued hcr
    12·1 answer
  • Patrick, who rear-ended Mary Jane's beloved sports car, is liable to Mary Jane under _____.
    9·1 answer
  • After you are done taking notes from a speaker, you should _____.
    15·1 answer
  • Given that Jacob's Chocolates Company had beginning retained earnings of $4,000; net income during the period of $10,000; and di
    7·1 answer
  • Question 9 Suppose money invested in a hedge fund earns 1% per trading day. There are 250 trading days per year. What will be yo
    11·1 answer
  • Which equation is used in the textbook to illustrate the sources of new ideas that will be important for the future of economic
    8·1 answer
  • With regards to interpretation, what are the important areas that appear on a cvp graph?.
    6·1 answer
  • Perit Industries has $165,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternat
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!