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fiasKO [112]
1 year ago
10

If a company receives $12,000 from a stockholder, the effect on the accounting equation would be?

Business
1 answer:
Advocard [28]1 year ago
3 0

If a company receives $12000 from a stockholder the effect on the accounting equation would be that assets increase by $12000 and equity also increase by $12000.

Given that a stockholder pays $12000 to the company.

We are required to find the effect of the payment by the stockholder to the company in accounting equation.

Accounting equation is basically an equation which tells that assets is equal to the sum of liabilities and capital.

Assets=Liabilities+Capital

When company receives some payment from the stockholder then the cash or bank increases and accordingly assets increases and equity also increases.

Hence if a company receives $12000 from a stockholder the effect on the accounting equation would be that assets increase by $12000 and equity also increase by $12000.

Learn more about accounting equation at brainly.com/question/24401217

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Northwest Iron and Steel is considering getting involved in electronic commerce. A modest e-commerce package is available for $3
djverab [1.8K]

Answer:

$8,693

Explanation:

Effective annual interets rate: AI = (1+i/m)^n - 1

i = 3*2=6%, m = 26

AI = [1+6%/26]^26 - 1

AI = 1.0617 - 1

AI = 0.0617

Let semi annual income be $X. So, present value of four semiannual income will be aggregated to get principal invetsed money of $30,000

30,000 = ∑[X/1.0617^n}

30,000 = 3.451 * X

X = 8693.132425383947

X = $8,693

Therefore, firm have to earn $8,693 after every 6 months at an interest rate of 3% per week to recover $30,000 initial investment in 2 years

3 0
2 years ago
Kia, a top-level manager in a software firm, is allocating the company's resources to meet the organization's long-term goals. S
lana66690 [7]

Answer:

C. Strategic plan

Explanation:

Strategic planning involves developing a business strategy, method of implementing the business strategy and finally evaluating the business strategy in order to see if it has achieve its goal. It is characterized by strategy formulation, implementation and evaluation. In this case, Kia is contributing to the strategic plan by allocating company's resources to meet the long term goals of the company and defining long term activities, that is, developing a business strategy.

3 0
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Rubio recently invested $20,000 (tax basis) in purchasing a limited partnership interest. His at-risk amount is $15,000. In addi
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Answer:

Please see attachment .

Explanation:

Please see attachment .

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Esquire Comic Book Company had income before tax of $1,550,000 in 2021 before considering the following material items: 1. Esqui
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Answer:

                   Esquire Comic Book Company

                                Income Statement

                For the Year Ended December 31, 2021

Operating income                                                 $1,550,000

Restructuring costs                                                 ($60,000)

Income from continuing operations b/ Taxes     $1,490,000

<u>Income tax expense                                              ($372,500)</u>

Income from continuing operations                                        $1,117,500

Discontinued operations:

  • Operating income                                          $610,000
  • Loss on disposal                                          ($395,000)
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Income from discontinued operations                                     $161,250

<u>Net income                                                                             $1,278,750</u>

Explanation:

Income from discontinued operations must be reported separately, but any restructuring costs must be included as operational expenses.

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Answer:

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