1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SashulF [63]
3 years ago
6

A company has a beginning retained earnings balance of $100,000. It has net income for the current year of $50,000 and paid $10,

000 to the owner as an owner withdrawal. What is the ending balance of retained earnings for the company
Business
1 answer:
Brut [27]3 years ago
4 0

Answer:

The ending balance of retained earnings for the company $ 140.000

Explanation:

Retained Earnings increase the balance with the Net Income of each year that it's not withdrawalled by the owner or because are not paid dividends, to this case the owner only withdraw $10.000 of $50.000 generated during the year.

You might be interested in
Define black hole.......​
larisa [96]

Answer:

hope this helps

Explanation:

A black hole is a place in space where gravity pulls so much that even light can not get out.

8 0
3 years ago
When the required return is equal to the coupon rate, the bond value is▼equal togreater thanless thanthe par value. In contrast
-BARSIC- [3]

1) Answer: When the required return is equal to the coupon rate, the bond value is equal to the par value,

2) if the required return is less than the coupon rate the bond will sell at a premium.

Explanation:

1) The reason for this that the required return is the market or investors required rate of return for a particular bond, when the required rate and coupon rate are equal it means that the investor is getting the return he wants in coupon payments, therefore the investor will be willing to buy the bond on par value, as he is getting his required return in the form of coupon payments.

2) When the required return is less than the coupon rate the investor is getting more in coupons than he required from the bond so the bonds price will be higher than par so that the return from the coupons become equal to the required rate of return. Thats why when a bonds required return is less than the coupon it sells on a premium.

3 0
3 years ago
The HRM specialists at A&C Company took the opportunity to increase productivity and decrease manual data analysis by using
FrozenT [24]

Answer:

<u>Skills inventory</u>

Explanation:

Skills inventory refers to the skills stored in an individual i.e one's capabilities and skills.

Skills inventory assessment makes an employer identify how well an employee would be able to meet the skills required at the job and how those skills would aid in the achievement of organizational goals.

It refers to assessing and understanding the competencies of the current staff by an organization.

For the above purpose, businesses may use commercial software or database management systems (DBMS).

In the given case, the HRM specialists exercised the option of using computer network in addition to database management system, to develop a skills inventory , post which, the company is able to successfully identify specific organizational skills.

6 0
3 years ago
What is a companys obligation to contribute to the sustainability of natural resources
FrozenT [24]

Answer:

Companies have a corporate social responsibility towards their environment.

Explanation:

Corporate social responsibility implies that companies are expected to engage in industrial practices that would not result in harm to their environment. For example, the amount of carbon being released into the environment must be controlled as excessive release of carbon can be detrimental to health. It is also not right for waste to be discharged into the oceans because the health of the sea animals, the ocean itself and those who swim in it are at risk.

To promote sustainability, companies avoid practices that would eventually harm their environment. Abiding by these practices might take a longer route, but is eventually cost effective and beneficial.

8 0
3 years ago
has 17,500 shares of stock outstanding along with $408,000 of interest-bearing debt. The market and book values of the debt are
Naddik [55]

Answer:

$926,073

Explanation:

Enterprise value=market capitalization+value of debt-cash

value of the firm=price-earnings ratio=11.8

earnings=net income

net income=profit margin*sales

net income=$697,000*6.8%=$47,396

11.8=market capitalization/$47,396

market capitalzation=11.8*$47,396=$559,272.80  

enterprise value=$559,272.80+$408,000-$41,200=$ 926,072.80  (approx  $926,073)

6 0
3 years ago
Other questions:
  • XOLO Ltd. sold its stocks at a face value of $10. The stocks presently have a market value of $45. The earning per share (EPS) i
    11·1 answer
  • A security professional needs to identify a physical security control that will identify and authenticate individuals before all
    8·1 answer
  • Who is affected by our government’s fiscal policies?
    5·1 answer
  • A 2001 harris poll of 1011 randomly selected american adults found that 25% were cigarette smokers. a sample of the same size in
    5·1 answer
  • Overspeculation and a decrease in consumer confidence are both leading factors of:?
    14·1 answer
  • A computer manufacturing company allows customers to shop in their preferred way. For example, they can gather information onlin
    13·2 answers
  • A conservative statistical test is one that question 22 options: minimizes both type i and type ii errors. minimizes type i erro
    12·2 answers
  • How much should be in the reserve for fixed expenses?
    15·1 answer
  • *WILL GIVE BRAINLY*
    14·1 answer
  • What are the aims of standardization
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!