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g100num [7]
3 years ago
12

At the end of the accounting period, houston company had $12,000 of par value common stock issued, additional paid-in capital in

excess of par value - common of $11,000, retained earnings of $12,000, and $4,000 of treasury stock. the total amount of stockholders' equity is:
Business
1 answer:
amid [387]3 years ago
8 0

The amount of stockholder's equity is calculated as -

Total stockholder's equity = Common stock issued + Additional paid in capital + Retained earnings - Treasury capital

Total stockholder's equity = $ 12,000 + 11,000 + $ 12,000 - $ 4,000

Total stockholder's equity = $ 31,000

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Suppose that, at a given level of disposable income, consumers decide to save more. Explain what effect this decision will have
-Dominant- [34]

Answer: decrease ; less saving

Explanation:As people attempt to save more, the result is both a decline in output and unchanged saving. Although people want to save more at a given level of income, their income decreases by an amount such that their saving is unchanged. As people save more at their initial level of income, they decrease their consumption. But this decreased consumption decreases demand, which decreases production. A change in autonomous spending has a different effect on output than the actual change in autonomous spending.

7 0
2 years ago
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Please i need an urgent answer what is feeding regime​
Dvinal [7]

Answer: A plan that specifies a diet, amount and schedule of nutritional

6 0
2 years ago
Cash is difficult to protect because it is easy to transfer and its ownership difficult to prove. These statements are?.
Arte-miy333 [17]

The following are some causes for a bank balance to differ from a company's balance: Deposits in transit, Charges for printing checks and bank services, Accounting mistakes at the business.

<h3>What are financial statement audits mostly focused on?</h3>
  • In a financial statement audit, the auditor is able to determine with a reasonable degree of assurance whether there are no major misstatements in the financial statements.
  • Cash can easily stolen or misplaced. As a result, it's critical to put internal controls in place to protect these assets and ensure that only authorized individuals have access to them.
  • A fundamental internal control process is to deposit all cash receipts in the bank as soon as possible. Cash receipts are frequently deposited by businesses each day.
  • The following are some causes for a bank balance to differ from a company's balance: Deposits in transit, Charges for printing checks and bank services, Accounting mistakes at the business.  

To learn more about Accounting mistakes at the business refer to:

brainly.com/question/25671660

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4 0
1 year ago
Early in the current year, Tokay Co. purchased the Silverton Mine at a cost of $21,220,000. The mine was estimated to contain 21
algol [13]

Answer:

=$5,230,000

Explanation:

Annual Depreciation=Depreciable Value×Units produced during the year estimated total production

The units of the depreciation method start by calculating the depreciable amount.

Depreciable  amount = Assets cost - salvage value

=$21,220,000.-$4,000,000

=$17,220,000

depreciation expense per unit=  depreciable amount/production capacity

=$17,220,000/210,000 per tone

=$82 per tone

During the year, 195,000 were extracted.

The depreciation value for the year will be

= 82 x 195,000

=$15,990,000

book value will be asset cost minus depreciation expense

=$21,220,000 -$15,990,000

=$5,230,000

.

4 0
2 years ago
If a business using the specific identification method of inventory has two items on hand at $300 each and purchases four items
Katyanochek1 [597]

Answer:

The value of inventory is $1600.

Explanation:

The business has two inventory on hand that cost $300 each so total value of inventory = 2 × 300 = $600

The value of four items at $400 each = 4 × 400 = $1600

Total number of items = 2 + 4 = 6

Total value of 6 items = 600 + 1600 = $2200

The value of sold inventory = 2 × 300 = $600

The value of inventory = total value of inventory - The value of sold inventory

The value of inventory = $2200 - $600

The value of inventory = $1600

5 0
3 years ago
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