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2 years ago

At the end of the prior annual reporting period, Mesa Industries's balance sheet showed the following:

Business

1 answer:

Angelina_Jolie [31]2 years ago

6 0

Statement of Stockholder's equity

Common stock Paid in capital Retained earnings Total stockholder's equity

Shares Amount

Balance as of December 31, prior year 6,300 $ 63,000.00 $ 20,000.00 $ 47,000.00 $ 1,30,000.00

Add: Net income $ 51,000.00 $ 51,000.00

Less: Dividends declared $ (18,900.00) $ (18,900.00)

Stock issue 2,000 $ 20,000.00 $ 30,000.00 $ 50,000.00

Balance as of December 31, Current year $ 2,12,100.00

Dividend = $326x 46000shares = $1196,000

Stockholders' equity refers back to the belongings final in a business once all liabilities had been settled. This figure is calculated by using subtracting overall liabilities from the total property; alternatively, it could be calculated by using taking the sum of percentage capital and retained profits, less treasury stock

.Stockholders equity (additionally called Shareholders equity) is an account on an agency's stability sheet that consists of percentage capital plus retained income. It additionally represents the residual fee of property minus liabilities.

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Marie and Ramesh form Roundtree Corporation with the transfer of the following. Marie performs personal services for the corpora

prisoha [69]

Marie and Ramesh's current income, gain, or loss and the basis that each takes in the Roundtree stock are: $175,200. $175,200, $0, $475,640.

<h3> Current income, gain, or loss and the basis</h3>

Marie has a basis equal to fair market value of $175,200.

Ramesh has no recognized gain on the receipt of stock reason being that all of the consideration that Ramesh transfers to Roundtree stock qualifies as property. Hence, Ramesh gain is $0.

Ramesh basis:

Ramesh basis=$25,000 + $50,000 + $400,640

Ramesh basis=$475,640

Hence:

Marie has income of $175,200 and $175,200 basis in her 400 shares

of stock and Ramesh has income of $0 and $475,640 basis in her 1600 shares of stock.

Inconclusion Marie and Ramesh's current income, gain, or loss and the basis that each takes in the Roundtree stock are: $175,200. $175,200, $0, $475,640.

Learn more about current income, gain, or loss and the basis here:brainly.com/question/8084221

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3 years ago

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P&L, a French luxury goods company, launched a new line of leather accessories in four countries. The company devised an agg

Elena L [17]

Answer:The meeting will fall under the FOURTH PHASEie STRATEGIC EVALUATATION of the planning process

Explanation:

The fourth phase of planning is the Strategy Evaluation which involves Buisness taking a concise time to monitor an already working proposed plan and adjust the process as nessesary.

Buisnesses like P and L can address an already working procedure to analyse what is working or what is not by organisaing, monitoring , getting feedback and measuring performance of the work done by the earlier proposed plan. This on the long run leads to establishment of best practices and help to correct future processes and plans.

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A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the

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Answer:

The answer is "Option D".

Explanation:

Using the formula for calculating present value:

$= \frac{Future \ value}{(1+r)^n}\\\\$

that's why "Option D" is correct.

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3 years ago

Armani, the exclusive fashion house, uses the following competitive strategy with the products it sells a. Broad Cost Leadership

frez [133]

Answer:

d. Differentiation

Explanation:

Under differentiation strategy, the company differentiates it's products from those of the competitors by the addition of unique attributes which gradually create brand loyalty for such products.

Product differentiation can be accomplished by different packaging, labeling or using different promotional strategies.

Such differentiation may lead to the brand gaining competitive advantage.

In the given case, Armani employs product differentiation strategy for it's products which are targeted at niche category of customers i.e royal customers.

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Suppose a stock had an initial price of $54 per share, paid a dividend of $1.30 per share during the year, and had an ending sha

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Answer:

Use the equation for total return:

total stock return= (P1-P0)+D/P0

P0=Initial Stock Price

P1=Ending Stock Price (Period One)

D=Dividends

-3.15%---Percentage of total return

Dividend Yield-2.41%

Capital Gains-- -5.56%

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