Answer:
The answer is: Equity at the end of the year will be $123,000
Explanation:
At the beginning of the year the balance sheet was as following:
assets $195,000 liabilities $75,000
equity $ 120,000
Then during the year the income statement is:
- total revenues $226,000
- <u>total expenses $175,000 </u>
- net income $ 51,000 (this increases assets and equity)
If the owners withdrew $48,000, then cash and equity will decrease.
The ending balance for the year:
assets $195,000 + $51,000 liabilities $75,000
-$48,000 = equity $120,000 + $51,000 - $48,000 =
$198,000 $123,000
The component of reflective listening that is missing from this conversation is Paraphrasing the expressed.
<h3>Reflective listening Components</h3>
- Statements like "I see," and "Okay," are crucial at the beginning of a conversation and in circumstances when there may be worry or discomfort in an Affirming Contact.
- Clarify any implicit portions of the message, which include ideas and sentiments that are not fully or clearly articulated together with their openly declared message.
- Paraphrasing the expressed explains to the speaker what was heard, as well as what the listener's feelings and ideas were. utilize a follow-up query occasionally.
Hence, Paraphrasing the expressed is the aspect of reflective listening that is absent from this dialogue.
To learn more about reflective listening refer to:
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Which of the following types of business environment is MOST typical of the Commonwealth Caribbean area?
a) Corporate state
b) Mixed economy
c) Centrally planned
d) Perfectly competitive
Answer is b) Mixed economy
Flow to Equity (FTE) is the approach to capital budgeting that discounts the after-tax cash flow from a project going to the equity holders of a levered firm.
An alternative capital budgeting strategy is the flow to equity (FTE) or free cash flow approach. The FTE approach merely requires that equity capital be discounted at the cost of the cash flows from the project to the equity holders of the leveraged firm. The amount of cash that a company's equity shareholders have access to after all costs, reinvestment, and debt repayment is taken into account is known as flow to equity. Free Cash Flow to Equity (FCFE) is calculated as Net Income - (Capital Expenditures - Depreciation) - (Change in Non-cash Working Capital) - (Change in Non-cash Equity) + (New Debt Issued - Debt Repayments) This is the cash flow that can be used to repurchase stock or pay dividends.
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