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3 years ago

The right side any account is the

Business

2 answers:

lisabon 2012 [21]3 years ago

7 0

The right side of any account is B the credit side

Fofino [41]3 years ago

5 0

B. credit side
hope i helped

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Suppose the equilibrium price of a pound of potatoes in all U.S. states is initially $1.20. Further, suppose there is an increas

Rudik [331]

Answer:

A) The West Virginia potato supply curve will shift rightwards.

Explanation:

When the demand for potato increase its prices will go upwards. All the U.S. states have high demand for potato except West Virginia. The West Virginia will have increased supply because the demand is lower which will cause the price to be lower. The supply curve will shift rightwards because of law of one price.

7 0

3 years ago

A company has $100,000 in assets, 1000 shares outstanding and no debt. If EBIT is $20,000, the interest rate on debt is 10% and

LekaFEV [45]

A company has $100,000 in assets, 1000 shares outstanding, and no debt. If EBIT is $20,000, the interest rate on debt is 10% and its tax rate is 40%, then its EPS is 12 per share.

Earning Per Share (EPS) indicates the agency's profitability by means of showing how a great deal of cash a commercial enterprise makes for each proportion of its stock. The EPS parent is determined by way of dividing the employer's net income by using its outstanding shares of common inventory. however, it's miles taken into consideration the higher the EPS quantity, the more worthwhile the employer.

To find the ESP use the formula

ESP = Net Income / Common Share O/S- Net Income = 20000 - 0 -20000 * (.40) = 12000

ESP = 12000 / 1000 = 12 per share

Therefore Earning per share is 12 per share.

Earnings Before Interest and Taxes (EBIT) is a hallmark of an enterprise's profitability. EBIT may be calculated as sales minus charges with the exception of tax and hobby. EBIT is likewise referred to as running profits, operating earnings, and income before interest and taxes.

Learn more about EBIT here brainly.com/question/14565042

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7 0

2 years ago

The general fund has transferred cash to the appropriate fund for eventual retirement of term bonds maturing in 10 years. which

Lunna [17]

It would be d yes yes yes

4 0

3 years ago

The balance in accounts receivable at the beginning of 2016 was $600. During 2016, $3,200 of credit sales were recorded. If the

andreyandreev [35.5K]

Answer:

$3,100

Explanation:

Step 1: Draw up the Accounts Receivable Account

Opening Balance $600 Allowance for Doubtful debt $200

Sales $3,200 Cash Collected $3,100

Closing Balance $500

$3,800 $3,800

To calculate the cash collected from customers

first, add the debit side of the accounts receivable which is a sum of the opening balance and sales= 3,800

Secondly, add the figures in the credit side including allowance for doubtful debt and closing balance= $700

Thirdly, Subtract the lesser side from the greater, $3,800 - $700 = $3,100

$3,100 was cash collected from the customers in 2016

8 0

3 years ago

The stock of Cleaner Homes is currently selling for $15.40 a share. The new rights offering grants one right for each share of s

Kaylis [27]

Answer:

$0.60

Explanation:

Calculation for the value of one right

The first step is to calculate for the cost per share.

Using this formula

Cost per share =[New share price+(New Share right*Stock price)]/ (One right +New Share right)

Let plug in the formula

Cost per share [$13 + (3 × $15.40)] / (1 + 3)

Cost per share =$13+$46.20/4

Cost per share =$59.20/4

Cost per share = $14.80

The second step is to calculate for the Value of right.

Using this formula

Value of right=New share price-Cost per share

Let plug in the formula

Value of right = $15.40 - 14.80

Value of right= $0.60

Therefore the value of one right will be $0.60

5 0

3 years ago