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1 year ago

What change in the book value of the company's equity took place at the end of ?

Business

1 answer:

Dmitriy789 [7]1 year ago

5 0

What change in the book value of the company's equity took place at the end of previous year, and was negative.

The book value of equity decreased by $2.094 billion compared with that at the end of previous year, and was negative. Change in book value = 1638+456 = 2094 billion

What is book value of equity?

The amount of money left over after a company's assets have been liquidated and any outstanding debts have been settled using the profits from the sale is known as the book value of equity, or "Shareholders' Equity."

Therefore,

The book value of equity decreased by $2.094 billion compared with that at the end of previous year, and was negative. Change in book value = 1638+456 = 2094 billion

To learn more about book value of equity from the given link;

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The boss praised his hourly employees for their good work. The boss hopes that the praise encourages the employees to continue t

lukranit [14]

Answer: option (A). the boss's praise

Explanation: Reinforcement is the process of encouraging or establishing a belief or pattern of behaviour. in this scenario, The boss praised his hourly employees for their good work. The boss hopes that the praise encourages the employees to continue to work hard. In this example, the reinforcement is the boss praise.The boss hoped the praise would encourage the employees to work harder.

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3 years ago

In the current year, Norris, an individual, has $52,000 of ordinary income, a net short-term Capital loss (NSTCL) of $9,800 and

Tanya [424]

Answer:

The answer is an offset against normal income of $3,000 and a NSTCL move forward of $3,900.

Explanation:

Solution

Given that:

The net short term capital loss=$9800

The net Long term capital gain=$2900

The net short term capital loss is =$6900

Thus

In this case, 3000 is allowed to be set off against ordinary income and the balance of (6900 - 3000) = 3900 can be moved forward or over.

Therefore Norris report implies that an offset against normal income of $3,000 and a NSTCL carry forward of $3,900.

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3 years ago

A golf ball manufacturer gives us its data for the year: WIP Inventory, January 1 Units started Units completed and transferred

N76 [4]

Answer:

c. $10,106 if taken separately for Direct Material or Conversion Costs

Or None of these as total cost is $ 10,779+$ 10,081= $20860 for units transferred out

Explanation:

Units % of Eq. Units

Completion D.M Conversion

Units completed and

transferred out 6,400 units 100% 6400 6400

WIP Inventory, 3,100 units 90%,60% 2790 1860

December 31

<u>Total Units to account for 9190 8260</u>

Direct materials $15,478

Direct labor $7,400

Manufacturing Overhead $5,611

Direct Material Cost per unit= $ 15478/9190= $ 1.684

Conversion Cost per unit= $13011 / 8260= 1.575=$ 1.58

Direct Material Cost for Completed units = 6400 * $1.684= $ 10,779

Conversion Cost for Completed units = 6400 *1.575= $ 10,081

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3 years ago

Governor Smith of Georgia is presented with the following data: currently the state derives a total of $400 million of benefits

Rudiy27

Answer:

In order to use the Cost-Benefit Principle correctly we need to compare the marginal benefit of the new spending, which is $25 million, with the marginal cost of the new spending, which is $50 million. This new spending makes no economic sense.

Explanation:

The cost-benefit principle in accounting states that the additional benefit must outweigh additional cost in an accounting system.

Spending of $250 million is giving $400 million revenue. The new proposal of spending $300 million to get $425 million implies we are spending extra $50 million to make extra $25 million.

This is not a good investment according to the cost-benefit principle.

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3 years ago

A key resource is assigned on multiple tasks that are running simultaneously. The project manager needs to minimize impact on ac

marin [14]

Answer: Resource levelling

Explanation:

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While performing activities in project planning, the manager will try to schedule some tasks simultaneously. Resource leveling can be used to balance the workload of the main resources during the duration of of the project usually at the expense of either the time, cost or scope.

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3 years ago

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