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antiseptic1488 [7]
2 years ago
9

If ballard company reported assets of $500 and liabilities of $200, ballard's stockholders' equity equals:_____.

Business
1 answer:
MatroZZZ [7]2 years ago
4 0

If Ballard company reported assets of $500 and liabilities of $200, Ballard's stockholders' equity equals <u>$300</u>.

Liability is a time period in accounting that is used to explain any type of monetary duty that a commercial enterprise has to pay at the cease of an accounting period to someone or a commercial enterprise. Liabilities are settled with the aid of shifting economic blessings which include cash, items, or services.

Liabilities are any money owed to your enterprise, whether or not it's financial institution loans, mortgages, unpaid bills, IOUs, or some other amount of money that you owe someone else. if you've promised to pay a person an amount of cash within the future and have not paid them but, that is a liability.

Learn more about Liabilities here: brainly.com/question/17090843

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Your broker is selling you an investment scheme in which you will receive $5,000 four years from now, $6,000 five years from now
kvasek [131]

Answer:

IRR = 3.64%

Explanation:

using a financial calculator or excel spreadsheet we can determine the IRR of this investment:

year 0 = -$15,000

year 1 = $0

year 2 = $0

year 3 = $0

year 4 = $5,000

year 5 = $6,000

year 6 = $7,000

IRR = 3.64%

Since your required rate of return is 12%, you should pay a maximum of  $10,128.57

6 0
3 years ago
Chhom corporation makes a product whose direct labor standards are 0.8 hours per unit and $34 per hour. In November the company
Irina-Kira [14]

Answer:

$17,000 Favorable

Explanation:

Provided information, we have

Standard hours for each unit = 0.8 hours

Standard Rate per hour = $34

Actual quantity produced = 7,650 units

Actual labor hours used = 5,620

Actual rate per hour = $118,020/5,620 = $21 per hour

Standard hours for Actual output = 7,650 \times 0.8 = 6,120 hours

Labor Efficiency Variance = (Standard Hours - Actual Hours) \times Standard labor rate per hour

= (6,120 - 5,620) \times $34

= $17,000 Favorable

As the amount is positive and actual hours used is less than standard hours the variance is favorable.

4 0
3 years ago
The following differences enter into the reconciliation of financial income and taxable income of Abbott Company for the year en
adoni [48]

Answer:

Abbot makes a savings of $74,000 in the current year.

Review full presentation of answers in the attaches

Explanation:

4 0
3 years ago
Read 2 more answers
On january 1 of the current year, jimmy's sandwich company reported stockholders’ equity totaling $132,500. during the current y
Georgia [21]
<span>The change in the stockholders' equity during the given year was $111,000. Working out the math, if you take the $132,500 reported investor equity at the beginning of the year and add the $115,000 in total revenues to that, minus the $104,500 in expenses and $39,000 in cash dividends you get $104,000. Take the total calculated assets of $215,000 at the the end of the year, subtract the difference between $215,000 and $104,000 and the answer is $111,000.</span>
4 0
3 years ago
Jensen Company has a contribution margin ratio of 45%. This means that its variable costs are 55% of sales. True False
Sergeeva-Olga [200]

Answer:

Jensen company has a contribution margin ratio of 45%. This means that its variable costs are 55% of sales.

This statement is true

Explanation:

Contribution margin ratio is the ratio of contribution to sales. Since the contribution margin ratio is 45%, it implies that variable costs are 55% of sales.

5 0
3 years ago
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