Answer:
Option A $210,000
Explanation:
As we know that:
Closing Equity = Opening balance + (Revenues - Expenses - Dividends)
To find closing equity we have to find opening equity and the opening balance is the difference of opening assets and opening liabilities so:
Opening Total Equity = Opening Total Assets - Opening Total Liabilities
Putting values we have:
Opening Equity = $250,000 Op. Assets + $180,000 Op. Liabilities
= $70,000 Opening Equity
So putting the value of opening equity we have:
Closing Equity = $70,000 Opening Equity + ($375,000 Revenue - $200,000 Expenses - $35,000 Dividends)
= $70,000 + 140,000 Retained Earnings = $210,000 Closing Equity
So the option A is correct.
Answer:
b. performance.
Explanation:
Discharge of contract by performance is when the both the parties agreeing to a contract performs their respective promises.
Discharge of contract by performance is a normal and natural mode of completing a contract.
Once the performance i.e the agreeing statements are proper and complete by the both the parties, they are free from the further liabilities.
Answer:
The statement is: False.
Explanation:
The difference between mass marketing and relationship marketing is that the first is used to attract large numbers of customers with a product that is not necessarily tailor-made for them. On the other hand, relationship marketing provides consumers with a good or service that matches their needs. Companies implementing this approach are likely to keep customers' information in a database to evaluate changes over time and to adapt to them.
Thus, maintaining databases thanks to the advance of technology is likely more useful for firms using relationship marketing.
Answer:
D) 5182 glass vases
Explanation:
<em>Contribution per glass vases:</em>
$4.5 selling price - $ 1.75 variable cost= 2.75
<em>Operating income:</em>
29,000 units x $ 2.75 - $ 8,500 = $71,250 operating income
<em>Target income is to obtain a 20% increase:</em>
71,250 x (1 + 20%) = 85,500 target income:
<em>units needed for target income:</em>
(85,500 target income + 8,500 fixed cost) / 2.75 contribution per unit= 34.181,81
aditional glass vases needed for target income:
34,182 - 29,000 = 5,182
A bond issue consists of a number of bonds, usually in denominations of $1000 or $5000 and is sold to many different lenders.
<h3>What is a bond?</h3>
It should be noted that bonds are securities that can be readily bought and sold.
In this case, a bond issue consists of a number of bonds, usually in denominations of $1000 or $5000 and is sold to many different lenders.
Learn more about bonds on:
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