Answer: False
Explanation:
Mr. Garcia should not accept the planner's ideas without critical evaluating the point the planner gave when he was discussing with him.
Mr Garcia should give his opinion on the issue raised by the planner and make inquiries so that the planner will give more detailed analysis regarding the investment.
The evidences gotten while discussing with him can be used to determine if the project is worth it or not.
Answer:
$131,000
Explanation:
The computation of the ending balance of stockholder equity is shown below:
= Beginning balance of stockholder equity + net income - dividend paid + additional common stock issued
= $94,000 + $24,000 - $9,000 + $22,000
= $131,000
Therefore, the ending balance of stockholder equity is $131,000
We simply added the net income and the additional common stock issued and deduct the dividend paid to the beginning balance of stockholder equity so that the ending balance could come
I believe it’s A I hope this helps!
