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RideAnS [48]
2 years ago
5

Darden has beginning equity of $284,000, total revenues of $70,000, and total expenses of $32,000. the company has no other tran

sactions impacting equity. the company's ending equity is:________
Business
2 answers:
kolbaska11 [484]2 years ago
8 0

ujhiolijp;.lkophj;ibhjuihuiobj

Anika [276]2 years ago
3 0

Darden has a beginning equity of $284,000, total revenues of $70,000, and total expenses of $32,000. the company has no other transactions impacting equity. the company's ending equity is $38000.

What is equity?

Equity is defined as a company's capital that is raised and then utilized to fund operations, invest in projects, and buy assets. Equity in the context of finance refers to ownership of assets with potential obligations such as debts. Liabilities are subtracted from equity to calculate equity for accounting reasons. Owning stock means you have an interest, no matter how tiny, in the corporation that issued the shares. When you hold a bond or piece of commercial paper, which is a debt that the corporation owes you, you are the owner of equity.

To learn more about equity, visit

brainly.com/question/9261270

#SPJ4

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An agent is authorized to act on behalf of a principal in doing business with third parties. True False
bonufazy [111]

Answer:

The statement is: True.

Explanation:

In making business relationships, an agent acts as a third party that is legally authorized to establish businesses for one of the entities involved. The entity that uses the agent as an intermediary is called the principal. The agent must follow the principal's instructions avoiding to be biased by self-interest.

8 0
3 years ago
Appellate courts do not have to hear all of the cases they are presented.<br> True<br> False
frutty [35]
It's false! They have to hear all of them
5 0
3 years ago
Suppose that real domestic output in an economy is 20 units, the quantity of inputs is 10, and the price of each input is $4. An
Arisa [49]

Answer:

$2 per-unit cost of production

Explanation:

since 20 units are produced and 10 units of input are used so,

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6 0
3 years ago
Which of the following is not included in the heading of a cover letter
eduard
Since no choices are presented, I'll just list down the parts of a cover letter.

A cover letter is a one page document that is attached to a resume. It has 5 parts.

1) The Salutation : Dear Hiring Manager,
2) The Grab - Opening Paragraph - introduction about yourself and your immediate qualification on the position you are applying
3) The Hook - Second Paragraph - examples of work performed and its results
4) Paragraph of Knowledge - Third Paragraph - knowledge you have about the company and its needs in connection with your application.
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3 0
3 years ago
Read 2 more answers
Contribution margin is:
ddd [48]

Answer:

Sales less variable production, variable selling, and variable administrative expenses.

Explanation:

On a contribution margin income statement the variable administrative and variable selling are considered as variable cost and used to determinate the contribution margin.

Contribution margin =

sales revenue - total variable cost

the fixed cost are listed below the contriution,

once subtracted from the contribution, the rest is the net income.

8 0
3 years ago
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