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4 years ago

Steeler Company has $71,000 in total assets and $44,000 in total liabilities. What is the amount of its stockholders' equity

Business

1 answer:

daser333 [38]4 years ago

6 0

Answer:

the amount of its stockholders' equity is $30,000

Explanation:

From The Accounting Equation, we know that :

Assets - Liability = Equity

Therefore,

Equity = $71,000 - $44,000

= $30,000

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Shareholders may prefer the compensation package that includes stock options because the options give the CEO the incentive to m

OLEGan [10]

Answer: True

Explanation:

There exists a problem known as the Agency Problem between managers and the shareholders of a company. The manager is the agent and the shareholders are the owners. Sometimes, it has been shown that the agent might act in their best interests as opposed to be best interests of the owners of the business.

To solve this, the manager should be made an owner as well and one way to do so is to give them stock options. This way, they will be motivated to work hard for the owners because they will benefit as well.

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3 years ago

The Marketing Department has proposed increasing the West Division's monthly advertising by $15,000 based on the belief that it

kramer

Answer:

Net Increase in profit is $27,000

Explanation:

* The data was missing in this question, a similar question is attached with the answer, and answer is made accordingly. Please find it.

Sales ( $350,000 x 120% ) = $420,000

- Variable cost ( 40% ) = $168,000

- Traceable fixed cost( 175000+15000) = <u>$190,000</u>

Net Profit = $62,000

Net Increase in Net Income = $62,000 - ( 350,000 - (350,000 x 40%) - 175,000 ) = 27,000

6 0

3 years ago

Which of the following can increase your credit card's APR?

vekshin1

B) missing a credit card payment

When you miss a credit card payment, not only will your credit score go down, but your credit card company will charge you more which will increase your APR

5 0

3 years ago

Read 2 more answers

Suppose that on further analysis you decide that after year 5 McDonald’s earnings and dividends will grow by a constant 4% a yea

jonny [76]

Answer:

it affects it because year 0 is the present state more like present value of the stock in five years. especially in a method like intrinsic.

Explanation:

7 0

3 years ago

Generic Motors is a manufacturing firm. Its beginning inventory of materials was $1,000, purchases of materials $20,000, ending

Hoochie [10]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Direct material:

beginning inventory= $1,000

purchases= $20,000

ending inventory= $1,500.

beginning inventory of work-in-process (WIP) was $5,000

ending inventory of WIP was $6,700.

Its cost of direct labor was $12,000, manufacturing overhead $11,000.

Its beginning inventory of finished goods was $3,000, the ending inventory of finished goods was $1,300.

A) Direct material used= beginning inventory + purchases - ending inventory

DM used= 1,000 + 20,000 - 1,500= 19,500

B) cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 5,000 + 19,500 + 12,000 + 11,000 - 6,700= $40,800

C) COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 3,000 + 40,800 - 1,300= $42,500

3 0

3 years ago