Answer:
RAW DATA GAP, INC
statement of stockholders' equity
for the year ended January 29th, 2011
![\left[\begin{array}{cccccc}&$C Stock&$R/E&$OCI&$ Treasury Stock&$Total\\$Balance Jan 1&2990&10815&155&-9069&4891\\$Net Earnings&&1204&30&&1234\\$Dividends&&-252&&&-252\\$sale of stcok&&&&4&4\\$purchase of stock&&&&-1797&-1797\\$Balance, Dec 31&2990&11767&185&-10862&4080\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccccc%7D%26%24C%20Stock%26%24R%2FE%26%24OCI%26%24%20Treasury%20Stock%26%24Total%5C%5C%24Balance%20Jan%201%262990%2610815%26155%26-9069%264891%5C%5C%24Net%20Earnings%26%261204%2630%26%261234%5C%5C%24Dividends%26%26-252%26%26%26-252%5C%5C%24sale%20of%20stcok%26%26%26%264%264%5C%5C%24purchase%20of%20stock%26%26%26%26-1797%26-1797%5C%5C%24Balance%2C%20Dec%2031%262990%2611767%26185%26-10862%264080%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
We list each equity concept and writetheir change and net effect on the total equity
Answer:
$10,942.20
Explanation:
The computation of the bond interest expense for the six month is shown below:
= Carrying value of the bond × effective interest rate × number of months ÷ total number of months in a year
= $218,844 × 10% × 6 months ÷ 12 months
= $10,942.20
By multiplying the carrying value of the bond with the effective interest rate and the number of months we can get the bond interest expense and the same is to be considered
Answer:
(c)Terry should report profit from his business of $250,000
Explanation:
Before computing the actual solution, first, we have to compute the net income of both the parties
For Terry = Gross revenue - employees salaries - rent and utility expenses
= $500,000 - $200,000 - $50,000
= $250,000
For Jim = Gross revenue - cost of goods sold
= $500,000 - $125,000
= $375,000
The other item values would not relevant for deduction. Hence, ignored it
Therefore, option c is correct.
Answer:
The answer is option (c)$89,301
Explanation:
Solution
Given that:
Inflation rate = 2%
The expected value of an investment = 82,500
Now,
nominal terminal value of the investment at the end of year 4.
Thus,
The nominal terminal value rate at the end of year four is given as follows:
= 82, 500 * (1 +2%) ^4
=$89300. 65
= $89,301
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