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1 year ago

Which of the following accounts are classified as shareholders' equity?

1 answer:

5 0

The following accounts which are classified as shareholders' equity are Additional paid-in capital, Common stock ,Retained earnings.

Option A, B, C is correct.

<h3>Shareholder Equity:</h3>

Shareholder Equity is the amount invested in the business by the owner of the business. This includes the money they have invested directly and the accumulation of earnings earned by the company that has been reinvested since its inception.

<h3>Is equity a liability or an asset?</h3>

Equity is the company's total assets minus total liabilities. It can be defined as the total amount of dollars that a company would be left with if it liquidated all its assets and paid off all its liabilities. This is then distributed to shareholders.

Learn more about shareholder equity:

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Future Value At age 20 you invest $1,000 that earns 7 percent each year. At age 30 you invest $1,000 that earns 10 percent per y

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Answer:

In the case of age 30, there will be more money at the age of 60

Explanation:

When person start investing at the age of 20 then total year till 60 years age is = 40 years.

Interest rate (r ) = 7 percent or 0.07.

Investment amount (Present value) = $1000

Now the total amount at the age of 60 years is calculated below.

$Total \ amount = Present \ value (1 + r)^{n} \\= 1000 ( 1 + 0.07 ) ^{40}\\= 14974.4578 \ dollars$

Now calculate the total amount at the age of 60 years when he invest at the age of 30 and earns interest rate 10 percent. Now the number of years is 30.

$Total \ amount = Present \ value (1 + r)^{n} \\= 1000 ( 1 + 0.1 ) ^{30}\\= 17449.4023 \ dollars$

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3 years ago

This table can be used to organize Gigi’s credit card balances and payments over 6 months. The annual percentage rate on the cre

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Answer:

-16.34

Explanation:

Disclaimer: I am not sure, sorry. It might be -16.34, 16.34, or 15.75. Once again, sorry.

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2 years ago

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Answer:

You choose Jim since they are both similar employees and choosing your friend is OK

Explanation:

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Therefore the above represent the answer

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2 years ago

LO 3 Chad's Chocolates is considering the purchase of a new candy press. The machine under consideration costs $17,550 and would

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B) $(1,813)

Explanation:

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You can solve for NPV using financial calculator with the following inputs;

CF0= -17,550

C01 = 2,650

F01 (Frequency) = 19

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Net present value; NPV = -1,812.879 or -1,813 rounded off to the nearest whole number.

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Bob's Boats uses job costing. They use direct labor hours as a basis for allocating overhead costs to jobs. Given the following

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Answer:

Bob's predetermined overhead rate = 9.91

Explanation:

Calculation for predetermined overhead rate

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