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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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Chris Taylor: Attempt 1
arsen [322]

Be reasonable

Explanation:

Be reasonable where u use logic and strong motives which consequently improves your way of thinking

I hope that I answered u

6 0
4 years ago
Alfred, an architect at Abode Inc., uses the term "spatial organization" while communicating to his client. The client is unable
vlabodo [156]

Answer:

Jargon

Explanation:

Based on the scenario being described within the question it can be said that the term "spatial organization" exemplifies Jargon. This term refers to any and all specialized terminology associated with a specific field or area of expertise. It is usually used between individuals of the same field who understand the word's meaning in a certain context, since those outside of the field may not understand it.

4 0
3 years ago
Gomer decides to spend an hour playing basketball rather than studying. His opportunity cost is: Group of answer choices the inc
TEA [102]

Answer:

the benefit to his grades from studying for an hour

Explanation:

Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

In this scenario, Gomer decided to spend an hour playing basketball rather than studying his books. Thus, his opportunity cost is the benefit to his grades from studying for an hour.

This ultimately implies that, if he had spend the time he used in playing basketball to study, it would have added value to his grades.

6 0
3 years ago
Suppose the town of boone has a total population of 50,000 people. of those, 45,000 people are employed. there are 1,000 full-ti
slega [8]
Population - 50,000
Employed - 45,000
Students not looking for work - 1,000

To calculate Boone's unemployment rate you'll use the formula: 
Unemployment rate = number of people unemployed / labor force

Those that fall into the unemployment category are those that are not working but are actively looking/wanting to work. Students, stay-at-home moms etc that are not wanting to work, though unemployed, to not fall into this category.

The labor force is made up of everyone willing and able to work.

First, let's subtract the students who are not looking for work from the population so get the labor force. 50,000 - 1,000 = 49,000 (labor force)

Next, to get the number of people unemployed let us subtract the labor force of 49,000 by those already employed of 45,000. 49,000 - 45,000 = 4,000

Finally, we are able to calculate the unemployment rate of Boone. 
Unemployment rate = number of people unemployed / labor force
Unemployment rate = 4,000/49,000= .081 multiply by 100 to get the percentage. 8.1%
Unemployment rate of Boone is 8.1%
3 0
4 years ago
The firm is currently an all-equity firm with assets worth $250 million and 100 million shares outstanding. The firm plans to bo
4vir4ik [10]

Answer:

C) $1.70

Explanation:

The value of the firm after the debt would be = 250 million + (20% * 100 million) =  $270 million

Value of equity = Total value of firm - Value of debt

Value of equity = $270 million - $100 million

Value of equity = $170 million

The total number of share outstanding is 100 million shares

Hence, he should offer the shares at = $170 million / 100 million shares = $1.7 per share

7 0
3 years ago
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