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yaroslaw [1]
3 years ago
14

What is the total stockholders' equity based on the following account balances?Common Stock $1,300,000Paid-In Capital in Excess

of Par 100,000Retained Earnings 360,000Treasury Stock 60,000a. $1,400,000.b. $1,820,000.c. $1,760,000.d. $1,700,000.
Business
1 answer:
Marrrta [24]3 years ago
6 0

Answer:

d. $1,700,000.

Explanation:

The computation of the total stockholder's equity is shown below:

= Common Stock + Paid-In Capital in Excess of Par + Retained Earnings - Treasury Stock

= $1,300,000 + $100,000 + $360,000 - $60,000

= $1,700,0000

While computing the total stockholder equity, we deducted the treasury stock as it reduces the balance of  equity whereas other items increase the balance of the equity, so we added it

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In this case, the cost would be $40 million but there is a benefit (cost savings) of $70 million.

Since the benefit outweighs the cost, it is a good idea.

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3 years ago
A tax on a good Group of answer choices gives buyers an incentive to buy less of the good than they otherwise would buy. gives s
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Answer:

gives buyers an incentive to buy less of the good than they otherwise would buy

Explanation:

The tax on the product means that it provided the inventive to the buyer in the case when the buyer purchase less of the product as compared when they purchase in other way

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3 years ago
The stage during which goals are set is
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3 years ago
Chester has negotiated a new labor contract for the next round that will affect the cost for their product City. Labor costs wil
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Answer:

Find attached complete question:

Option A 1452 units

Explanation:

The increase in labor cost=$3.39-$2.89=$0.50

Half of the increase would reflect as increase in price i.e$0.25

Current price is $16

new price is $16+$0.25=$16.25

contribution margin =selling price -variable cost

currently units sold=$30,875/$16= 1,930

Current contribution per unit=$11,401/1930=$5.91

new contribution per unit would reduce by $0.25 i.e $5.91-$0.25=$5.66

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period cost is $8346

breakeven units=$8346/$5.66=1475 units

The closest option is A 1452 units,the difference could be due to rounding error

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4 0
3 years ago
The three main project management goals are on time, within budget and achieving performance specifications. Should a project ma
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Answer:NO,The project manager should not give up any functionalities like technical requirements as it may lead to serious compromise that can cause serious hazard to the project or end users.

PART B

It is inappropriate at anytime to give up any Functionality(technical requirements) in order to meet schedule milestone.

Explanation:Technical requirements are standard procedures which has been established or put in place by experts or regulators as the best practices to ensure certain projects or Activities are effectively and efficiently done.

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3 years ago
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