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3 years ago

14

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000.

its ending equity is

1 answer:

jarptica [38.1K]3 years ago

5 0

$275,000

257,000 Beginning Equity

+51,000 Net Income

+6,000 Investments from stockholders

=314,000 New total

-40,000 Minus dividends payed to stockholders

=275,000 Equals ending equity

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The use of the allows bank customers the ability to complete most transactions electronically without leaving home.

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2 years ago

Command-and-control (sometimes called direct control) is when the government passes legislation specifically regulating an activ

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1. Under command-and-control regulation, the government will sometimes specify the technology that firms must use in production. TRUE, e.g. currently the US government banned Huawei from providing 5G technology in the US due to security concerns even though that provides the best 5G technology in the world.

2. The government may decide on a specific amount of pollution that firms can legally emit. TRUE, the EPA sets the standards and companies must follow them, whether they are too high or too low maybe subject to an extensive debate.

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4 years ago

The Wood Division of Bramble Corp. manufactures rubber moldings and sells them externally for $45. Its variable cost is $25 per

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3 years ago

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In divisional income statements prepared for Lemons Company, the Payroll Department costs are allocated to user divisions on the

AlladinOne [14]

Answer:

Lemons Company

a. Total amount of payroll checks = 920

amount of purchase requisitions = 12,500

b-a Residential Commercial Government Total

Payroll $32,832 $19,152 $10,944 $62,928

b-b Purchasing

Costs $17,688 $4,717 $7,075 $29,480

c. Residential's service department charge is __higher__ than the other two divisions because Residential is a user of service department services. Residential has many employees on a weekly payroll, which translates into a __higher__ number of payroll transactions.

Explanation:

a) Data and Calculations:

Cost of the Payroll Department = $62,928

Cost of the Purchasing Department = $29,480

Residential Commercial Government Total

Contract

Sales $2,000,000 $3,250,000 $2,900,000 $8,150,000

Weekly payroll

(52 weeks per year) 400 250 150 800

Monthly payroll 80 30 10 120

Total 480 280 160 920

Number of purchase

requisitions per year 7,500 3,000 2,000 12,500

a. Total amount of payroll checks = 920 (800 + 120)

Total amount of purchase requisitions = 12,500

b-a Residential Commercial Government Total

Payroll $32,832 $19,152 $10,944 $62,928

(480/920 * $62,928) (280/920 * $62,928) (160/920 * $62,928)

b-b Purchasing

Costs $17,688 $4,717 $7,075 $29,480

(7,500/12,500 * $29,480) (2,000/12,500 * $29,480) (3,000/12,500 * $29,480)

Total $50,520 $23,869 $18,019 $92,408

Percentage 54.7% 25.8% 19.5% 100%

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