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
Assoli18 [71]
3 years ago
8

Cragmont has beginning equity of $277,000, net income of $63,000, withdrawals of $25,000 and no additional investments by owners

during the period. its ending equity is:
Business
1 answer:
Andrew [12]3 years ago
3 0
<span>The ending equity is $315,000 This is just a matter of adding income and subtracting withdraws. So let's do it. "Cragmont has beginning equity of $277,000," x = $277000 "net income of $63,000" x = $277000 + $63000 = $340000 "withdrawals of $25,000" x = $340000 - $25000 = $315000</span>
You might be interested in
When Zappos focused on aligning and maximizing customer service, distribution, product selection, and other key areas, they were
marissa [1.9K]

Answer:

awdadeadaewdaw

Explanation:

8 0
3 years ago
Oil Products Company purchases an oil tanker depot on January 1, 2017, at a cost of $600,000. Oil Products expects to operate th
anzhelika [568]

Answer:

The Journal entries are as follows:

(i) On January 1, 2017

Plant Assets A/c Dr. $600,000

      To cash                                 $600,000

[To record the depot]

(ii) On January 1, 2017

Plant Assets A/c Dr. $41,879

       To To Asset retirement obligation $41,879

[To record the Asset retirement obligation]

Missing information: Based on an effective-interest rate of 6%, the present value of the asset retirement obligation on January 1, 2017, is $41,879.

4 0
4 years ago
2. How are school rules similar to state and federal laws? What woud the typical American high school be like if there were no r
jenyasd209 [6]
School rules and government rules are very similar, some similarity are no steeling and drugs and an average high school with no rules would be chaotic. 
7 0
4 years ago
Describe how the ethical codes of your company support or inhibit how these individual characteristics impact employee morale an
Marina86 [1]

Explanation:

Codes of ethics are essential in every organization to be a parameter of employees' moral conduct. Through the code of ethics, the organization induces its people to take actions and behaviors that are positive for the organizational environment and the company's culture, as well as encouraging employees to act in accordance with the company's identity and moral values ​​and also from society.

In a globalized environment, work environments have become multicultural, which should be understood in the code of ethics, which when effective and aligned with organizational objectives will positively impact on motivation and organizational performance, since the organization will have the image and the positioning of a company that preserves individual values, morals and positive development practices in society.

6 0
3 years ago
A local clinic (institution) in need of more Purell antibacterial soap might purchase from Target, which is a ______ of soap, wh
oksano4ka [1.4K]

Answer:

The target is a re-seller

McGraw-Hill is a manufacturer

Explanation:

Purchasing Purell antibacterial soap from a target is re-seller, meaning the target is neither the producer nor the distributor of products but haven given name of such company like McGraw-Hill, one will know that McGraw-Hill is major publisher of books and their books are well local high school around the world. This makes the local high school that might bought from McGraw-Hill buying from a manufacturer

7 0
3 years ago
Other questions:
  • Cameron is going to receive an annuity for 44 years of $27,833, and Kennedy is going to receive a perpetuity of that same amount
    9·1 answer
  • A study comparing perceptions of punctuality in the United States and Brazil found that Brazilian timepieces are less reliable a
    10·1 answer
  • Which method of forecasting analyzes historical data and involves a panel of experts A. Time series analysis B. Cost-benefit ana
    5·1 answer
  • Chrissy receives 200 shares of chevron stock as a gift from her father. the stock cost her father $9,000 10 years ago and is wor
    13·1 answer
  • When Jocelyn interviewed for a position at TruTech, the interviewer told her about the downsides to the job, including the need
    15·1 answer
  • A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised
    14·1 answer
  • suggest promotional tools which the company can use to help it develop a completely new image for its product
    11·1 answer
  • Which one is not a benefit to
    5·1 answer
  • Match each of the following accounts to its proper balance sheet classification.
    12·1 answer
  • How would a list of personal property and its worth help when
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!