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Naily [24]
3 years ago
14

Rockwell Inc. reported the following results for the year ended June 30, 2016:

Business
1 answer:
pychu [463]3 years ago
4 0

Answer:

See attached file

Explanation:

The Retained Earnings Statement is prepared to show changes in the amount  of retained earnings over the accountable period. Retained earnings and Stockholders´ contributions are the main accounts in Stockholders´ Equity.  

The first ones are profits reserved by the company to invest in future projects rather than distribute as dividends to shareholders, that’s why are calculated as follows:  

Retained Earnings Final Balance = Retained Earnings Beginning balance – Dividend in cash – Stock dividend + Net Income – Net loss.

Stock Divided will register as Stockholders´ contributions.  

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Koch traded Machine 1 for Machine 2 when the fair market value of both machines was $50,000. Koch originally purchased Machine 1
nexus9112 [7]

Answer:

The right answer is $50,000

Explanation:

Simply put, adjusted basis is the cost of an object after factors that affects the cost has being considered. These factors usually include taxes, depreciation value and any other cost incurred in getting and retaining the said object. Adjusted basis is important so as to know the right amount to sell.

Adjusted basis increases when an individual factors the cost incurred from taxes and maintenance ad it reduces when he/she factors in depreciation.

In the case of Koch, he already exchanged his machine for another at $50,000, as far as he is concerned at that moment, the adjusted basis is $50,000 because it was exchanged in a fair market.  

8 0
3 years ago
Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most bal
Paladinen [302]

Answer:

1. The GDP deflator for this year is calculated by dividing the <u>value of all goods and services produced in the economy this year</u> using <u>this year's prices </u>by the <u>value of all goods and services produced in the economy this year </u>using <u>the base year's prices</u> and multiplying by 100.

This is why the formula for the GDP deflator is = GDP by year n prices/ GDP by base year prices.

2. However, the CPI reflects only the prices of all goods and services<u> bought by consumers. </u>

<u />

3. Which does an increase in the price of a Chinese-made car that is popular among U.S. consumers show up in? - <em><u>B) CPI</u></em>

The Chinese-made car is not made in the US and is included in the basket of goods consumers buy which is used to calculate calculate CPI.

4. Which does a decrease in the price of a Treewood Equipment feller buncher, which is a commercial forestry machine that cuts and stacks trees show up in? - <em><u>A) GDP Deflator</u></em>

This is not part of the goods in the basket and it is assumed to be made domestically so it is part of the GDP Deflator.

4 0
3 years ago
Unlike manufacturers, ________ buy products from other businesses but do not significantly alter the form of the products they b
LenKa [72]

Answer: Resellers

Explanation:

Resellers buy products from other businesses but do not significantly alter the form of the products they buy before selling them.

A reseller is a type of channel partner that acts as an intermediary between companies that make, distribute or provide IT products or services and end customers, which may be businesses or consumers. A key reseller role has been order fulfillment: The customer goes to a reseller to simplify the ordering process and offload procurement and order processing tasks.

Working with a reseller can also streamline product sourcing. A business that needs to purchase multiple technology components can make those purchases through a single reseller versus approaching multiple manufacturers or service providers directly. Competitive pricing may also attract customers to resellers.

6 0
3 years ago
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When members of the buying center agree to consider ibm, dell, and hewlett-packard in purchasing new computers because they are
Kipish [7]
<span>Identification of vendors</span>
5 0
3 years ago
Chan has been happily married to Mei Lin for the last five years and is very secure in their relationship. Over the last year, h
Alisiya [41]

Answer:

Respect

Explanation:

At the fourth level in Maslow´s hierarchy, is the need for respect.

When the needs at the bottos have been satisfied, the esteem needs begin to play a more prominent role in motivating behavior.    The first three steps in the maslow hierarchy are: physiological, safety and love.

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3 years ago
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