1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
svetoff [14.1K]
3 years ago
9

If total liabilities increased by $6,000 and the assets increased by $8,000 during the accounting period, what is the change in

the owner’s equity amount?
Business
2 answers:
horrorfan [7]3 years ago
7 0
The correct answer to the question is an "Increase of $2,000"
AveGali [126]3 years ago
5 0
The change in owner's equity is $14,000, during the period. This is known by the equation - Assets = Liabilities + Equities.
You might be interested in
Western Electric has 32,500 shares of common stock outstanding at a price per share of $80 and a rate of return of 12.95 percent
Sergio039 [100]

Answer:

c. 11.10%

Explanation:

Options are <em>"a. 10.29% b. 10.51% c. 11.10% d. 10.72% e. 11.49%"</em>

Market Value of Equity = $80 * 32,500

Market Value of Equity = $2,600,000

Market Value of Preferred Stock = $95.50 * 7350

Market Value of Preferred Stock = $701,925

Market Value of Debt = $407,000 * 1.115

Market Value of Debt = $453,805

Total Market Value = Market Value of Equity + Market Value of Preferred Stock + Market Value of Debt

Total Market Value = $2,600,000 + $701,925 + $453,805

Total Market Value = $3,755,730

kP = Annual Dividend / Current Market Price

kP = $7.90 / $95.50

kP = 0.082723

kP = 8.27%

WACC = [wD * kD * (1 - t)] + [wP * kP] + [wE * kE]

WACC = [(453,805/3,755,730) * 8.11% * (1 - 0.40)] + [(701,925/3,755,730) * 8.27%] + [(2,600,000/3,755,730) * 12.95%]

WACC = 0.59% + 1.55% + 8.96%

WACC = 11.10%

6 0
3 years ago
You want to start your own consulting business and believe it could produce cash flows of $5,600, $48,200, and $125,000 at the e
Inessa05 [86]

Answer:

This business idea worth $430,127 today

Explanation:

Today value of the future cash flows can be calculated by discounting the cash flows on the given discount rate. It is called the present value and sum of present value of all cash flows is called Net present value.

We use following format to calculate NPV for the given business idea

Years                                     1                  2                  3

Cash Flows                      $5,600       $48,200      $125,000

Sale Proceeds                                                         $450,000

Net Cash Flows               $5,600       $48,200      $575,000

Discount Factor    14%    0.8772        0.7695        0.6750

Present values                 $4,912.32   $37,089.9    $388,125

Net present value of business idea = $4,912.32 + $37,089.9 + $388,125

NPV = 430,127.22

3 0
2 years ago
The main source of revenue for local governments is _____.
AleksandrR [38]

Answer:

the main sources of revenue for local government is property taxes

3 0
3 years ago
On May 3, 2020, Windsor Company consigned 90 freezers, costing $480 each, to Remmers Company. The cost of shipping the freezers
aivan3 [116]

Answer:

a. Value of Ending inventory  $ 22025

b. Profit=  $ 10429

c. Amount Remitted to the Consignor  $32454      

Explanation:

Windsor Company

Goods Sent on Consignment  90 * $ 480= $ 43,200

Shipping Charges                                              $ 850

Total                                                                    $44050

Cost of One Freezer = $ 44050/ 90= $ 489.44

Cost of 45 Freezers= $22025

The ending inventory value is calculated by multiplying the unit costs with the units at hand.

a. Value of Ending inventory at the Hands of the Consignee = Units* Cost Price = 45 * $ 489.44= $ 22025

Sales by the Consignee           45* $ 780= $ 35100

b. Profit= Sales - (Cost + Expenses) =  $ 35100- ($22025 + $2646)  

= $ 10429

Profit is calculated by subtracting all the expenses and the cost from the sales

Installation Charges                                 $330

Advertisement Costs                                $ 210

Commission (6% of 35100)=                     $2106

Total  Expenses                                      $2646  

c. Amount Remitted to the Consignor = Sales - Expenses=  ( $ 35100-  $2646 )= $32454                        

3 0
3 years ago
Read 2 more answers
What is the number one reason that it projects fall behind schedule or fail?
daser333 [38]
Poor planning or poor project management is the number one reason why projects fall behind schedule or fail. We all know how important it is to plan before acting, even more in the area of ​​management of the different areas of the project, it is important to define the objectives of the project from day one, defining them will mean success or failure of the project and from this point to advance in the planning of all areas before starting to do any work.
7 0
3 years ago
Other questions:
  • All else equal, a firm would prefer to have a higher gross margin. <br> a. True <br> b. False
    12·1 answer
  • Both mia and mario produce only the item in which they have a comparative advantage. then they trade one pasta for one pizza. be
    11·2 answers
  • The _____ is used to measure price changes in commonly used goods and services, such as food and housing.
    5·1 answer
  • Which of the following is not a qualitative factor to be considered in a make-or-buy decision?
    15·1 answer
  • Deployment Specialists pays a current (annual) dividend of $1 and is expected to grow at 22% for two years and then at 5% therea
    5·1 answer
  • In one version of the experiment, the professor plans to put a ceiling of $11 on prices. That is, no one will be permitted to su
    5·1 answer
  • Question 4 of 10
    9·1 answer
  • The final part of the strategy-formulation process is choosing: a. functional-level strategies. b. functional-level goals. c. bu
    10·1 answer
  • Mauro Products distributes a single product, a woven basket whose selling price is $21 per unit and whose variable expense is $1
    8·1 answer
  • POSSIBLE POINTS:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!