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Salsk061 [2.6K]
3 years ago
8

Nonrenewable energy cannot keep up with population growth. True False

Business
1 answer:
Scorpion4ik [409]3 years ago
8 0

Answer:

True

Explanation:

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The stockholders’ equity section of Marigold Corp.’s balance sheet consists of common stock ($7 par) $959,000 and retained earni
den301095 [7]

Answer:

Find below the pre stock dividend and post stock dividend effects.

Explanation:

Before the declaration of stock dividend the equity section of the balance sheet would look thus:

Common stock ($7 par)                  $959,000

Paid in capital in excess of par            -

Total paid in capital                         $959,000

Retained earnings                           $410,000

Total shareholders' equity              $1,369,000

However,upon declaration of the stock dividend which would be funded from retained earnings by reducing the retained earnings and increasing the common stock as well as paid in capital in excess of par.

Common stock ($7 par)($7*13,700)+$959,000           $1,054,900                  

Paid in capital in excess of par($18-$7)*13,700            $150,700

Total paid in capital                                                        $1,205,600

Retained earnings    $410,000-($18*13,700)                  $163,400

Total shareholders' equity                                              $ 1,369,000

4 0
3 years ago
In December 2015​, General Electric​ (GE) had a book value of equity of $ 97.7 ​billion, 9.6 billion shares​ outstanding, and a
MrRissso [65]

Answer:

The answer is:

A. market capitalization = $313.73billion

B. Market-to-book ration = 3.21

C. Book debt-equity ratio = 2.03

D. Market debt-equity ratio = 0.63

E. Enterprise value = $410.23billion

Explanation:

Please find the detailed calculation from the attached file.

7 0
3 years ago
The Tital Company adopts dollar-value LIFO inventory on 12/31/19 when its inventory at current price is $45,000. The inventory v
almond37 [142]

Answer:

b. $51,500

Explanation:

The correct answer is $51,500 which is b.

$45,000 * 30% = $13,500

This amount is then deducted from $65,000

$65,000 - $13,500 = $51,500.

LIFO is method of calculating the value of inventory in which all the units are valued.

LIFO stands for Last In First Out, which means the unit purchased the last will be sold first. In case of rising prices of inventory LIFO gives lower profits due to higher costs being charged for the units sold against the sale price which lowers the profit ultimately.

7 0
2 years ago
The alignment of _______ is a continuous process of adjusting business goals and the information systems infrastructure to achie
stiks02 [169]
The answer is Business and Information technology (IT). The alignment of Information technology as well as Business is a continuous process of adjusting business goals and the information systems infrastructure to achieve the business objectives. Business and Information technology can somehow be partner together to achieve the goals of the business.
5 0
3 years ago
Landon Stevens is evaluating the expected performance of two common stocks, Furhman Labs, Inc., and Garten Testing, Inc. The ris
skelet666 [1.2K]

Answer:

a. Furhman Labs, Inc. : 13.08%

Garten Testing, Inc. : 8.74%

b. Furhman Labs

the stock is undervalued

Garten Testing

the stock is overvalued

Explanation:

According to the capital asset price model: Expected rate of return = risk free + beta x (market rate of return - risk free rate of return)

Furhman Labs, Inc. : 4.4 + 1.4(10.6 - 4.4) = 13.08%

Garten Testing, Inc. : 4.4 + 0.7(10.6 - 4.4) = 8.74%

A stock is overvalued if its intrinsic value is less than the forecast, and, it is undervalued if its intrinsic value is greater than the forecast

Furhman Labs, intrinsic value = 13.08

forecasted value = 10.60

the stock is undervalued

Garten Testing, Inc , intrinsic value = 8.74%

forecasted value = 10.50

the stock is overvalued

6 0
2 years ago
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