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salantis [7]
3 years ago
12

Sheldon has the following year-end account balances: Accounts Receivable, $5,000; Supplies, $12,000; Equipment, $18,000; Account

s Payable, $17,000; Stockholders’ Equity, $43,000. The Cash account balance was not available at year-end. Given the account balances listed, the balance in the Cash account should be A : $95,000. B : $43,000. C : $25,000. D : $61,000.
Business
1 answer:
Reptile [31]3 years ago
4 0

Answer:

the balance in the Cash account should be C : $25,000.

Explanation:

Assets=(Liabilities+Owner’s Equity)

Assets= Cash+account receivable+Suplies+Equipment

Cash                       25.000

Acoount Receivable    5.000

Supllies                      12.000

Equipment              18.000

Assets                     60.000

 

Account Payable        17.000

Liabilities              17.000

 

Stakholder equity       43.000

Equity                       43.000

Liabilities+ Equity       60.000

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Define the term corporate social responsibility and give one practical example ​
Vesna [10]

Answer:

<u>Definition:</u> Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable—to itself, its stakeholders, and the public. By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society, including economic, social, and environmental.

To engage in CSR means that, in the ordinary course of business, a company is operating in ways that enhance society and the environment, instead of contributing negatively to them.

<u>Example:</u> Starbucks has long been known for its keen sense of corporate social responsibility and commitment to sustainability and community welfare. According to the company, Starbucks has achieved many of its CSR milestones since it opened its doors. According to its 2019 Global Social Impact Report, these milestones include reaching 99% of ethically sourced coffee, creating a global network of farmers, pioneering green building throughout its stores, contributing millions of hours of community service, and creating a groundbreaking college program for its partner/employees.

Starbucks' goals for 2020 and beyond include hiring 10,000 refugees, reducing the environmental impact of its cups, and engaging its employees in environmental leadership.  Today there are many socially responsible companies whose brands are known for their CSR programs, such as Ben & Jerry's ice cream and Everlane, a clothing retailer.

Explanation:

4 0
2 years ago
A sportswear manufacturer is introducing a new line of sneakers. To introduce the new line, the company must pay out a fixed cos
Maurinko [17]

Answer:

Total revenue at breakeven is $1,508,042

Explanation:

Breakeven point in units  = Fixed cost / Selling price -Variable cost per unit

Breakeven point in sales revenue  = Fixed cost / (Selling price* x)- (Variable cost per unit * x)

In this case,  

Fixed cost= $1.5 million

Selling price =$75

Variable cost per unit =40 cents

Breakeven point in units  = 1,500,000 million/ 75 -0.4

Breakeven point in units  = 20,107

Breakeven point in units sales = 20,107 * 75

Breakeven point in units sales = $1,508,042

8 0
3 years ago
Why would decreased wages be an added problem for the Pullman workers?
NNADVOKAT [17]
Mark Brainliest please

Answer

The company cut their wages and extended their hours


Explanation:
Pullman was a company in the US that built and operated sleeping rail cars that operated on the railroads of the United states. These rail cars were also known as Pullman named after its company Pullman.
Pullman was founded by George Pullman and this company started from 1867 up until 1968. the workers working for Pullman had strike actions against their company as with many other workers who usually strike when not satisfied with the company. one reason of the strike was " The company cut their wages and extended their hours" this action was unfair and led to strikes against Pullman by the workers.
4 0
3 years ago
Increasing W-4 allowances will ________ the net pay in your paycheck and ______ your total tax burden.
topjm [15]
<span>Increasing W-4 allowances will <u>increase</u> the net pay in your paycheck and <u>reduce</u> your total tax burden. Remember that more W-4 allowances means less tax withheld with your paycheck whereas less W-4 allowances means that more tax withheld with your paycheck.

<em>ANSWERS: increase, reduce</em></span>
7 0
3 years ago
You have $10,000 to invest - $3,500 in Company A, the remaining amount in Company B. The expected returns for these stocks are 2
mihalych1998 [28]

Answer:

The expected return on the portfolio is:

16.75%

Explanation:

a) Data and Calculations:

                                Company A      Company B      Total

Investment                  $3,500              $6,500      $10,000

Expected returns          20%                    15%

Expected returns ($)   $700                $975         $1,675

Expected return on

portfolio = $1,675/$10,000 * 100 = $16.75%

b) The expected return on the portfolio is calculated as the returns on the portfolio in dollars divided by the total investment in the two companies, multiplied by 100.  This gives a value in percentage terms.

6 0
2 years ago
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