Answer:
$52,456,800
Explanation:
For computation of total stockholders’ equity first we need to find out the total capital stock and total paid in capital which is shown below:-
Total Capital stock = Preferred stock + Common stock
= $153,000 + $20,300,000
= $20,453,000
Total Paid in capital = Paid in capital in excess of par of common stock + Paid in capital in excess of par of preferred stock
= $25,000,000 + $59,000
= $25,059,000
Total stockholder equity = Total Capital stock + Total Paid in capital + Retained earning - Treasury stock
= $20,453,000 + $25,059,000 + $7,600,000 - $655,200
= $52,456,800 - $655,200
= $52,456,800
Therefore for computing the total stockholder equity we applied the above formula.
Answer:
The change in net working capital for the year is $50,000
Explanation:
Net working capital is the difference between Current assets and current liabilities. Change in net working capital is the difference between net working capital at the beginning and st the end.
current assets at the beginning =( 300+400+800)=1500
Current assets at the end = ( 350+450+300)= 1100
current liabilities at the beginning = (300+1000)= 1300
current liabilities at the end = (350+600)= 950
net working capital at the beginning = 1500 - 1300= 200
net working capital at the end = 1100 - 950= 150
therefore the change in net working capital for the year is 200 - 150 =50 000
Answer:
The firm collects on its sales in an average of 10 days
Explanation:
if the receivables turnover is 36.5 it means it colect his accounts 36.5 times per year
we can convert this into a days metric:
<em>the days account is outstanding:</em>
365 days per year / we collect 36.5 per year = 10 days to collect an account on average
The acounts are collected every ten days on average.
Answer:
A. as much advertising to fans as possible
Explanation:
The event triangle is made up of these 3 components
1. The participants
2. The sponsors
3. The spectators
Here the fans represent the spectators. They are the most critical factor of the event triangle .
The spectators are those who the boy band would be playing for. They are the ones who would go out to watch the event.
The spectators become monetary when the advertisement gets them to buy tickets for the event. That is they pay a fee to watch the event.
Primarily they provide necessary financial support for the event plus the money made from adverts.
