Answer:
its a subject ....is a study of economic ,business concepts....
Answer:
c. $25,000
Explanation:
Calculation to determine At the end of the year, the company's equity totaled:
First step is to calculate the Net income using this formula
Net income= Revenues- Expense
Let plug in the formula
Net income= 35000-23000
Net income=12000
Second step is to calculate Net income added to capital using this formula
Net income added to capital = Net income-Cash dividend
Let plug in the formula
Net income added to capital=12000-2000
Net income added to capital=10000
Now let determine the Ending company total equity using this formula
Ending company total equity= Opening invested capital + Net income added to capital
Let plug in the formula
Ending company total equity=15000+10000
Ending company total equity=$25000
Therefore At the end of the year, the company's equity totaled:$25,000
Answer:
current ratio = 3. 80 times
Acid-test ratio = 2 times
Explanation:
<em>The current ratio is the sum of sum of current assets divided by current liabilities. It is used ti measures the the ability of Airline Accessories to meet its short -term obligation falling due within a year</em>
Current ratio = 96 + 88 + 12/ (86 + 29)
= 3. 80 : 1
Acid test ratio also measures liquidity but with adjustment for risky current assets i.e inventory.
Acid test ratio = current asset - inventory/ Current liabilities
= (96 + 88 + 12)/(86+29)
=2 : 1
Answer:
$12.60
Explanation:
The computation of the current value of the stock is shown below:-
= $1.40 × (1.08) ÷ 1.16 + 1.40 × (1.08)^2 ÷ (1.16)^2 + 1.40 × (1.08)^3 ÷ (1.16)^3 + 1.40 × (1.08)^3 × (1.03) ÷ (0.16 - 0.03) × (1.16)^3
= $1.3034 + $1.2136 + $1.1299 + $8.9520
= $12.60
Therefore for computing the current value of stock we simply solved the above equation.
Answer:
<em><u>Convenience products.</u></em>
Explanation:
Convenience products are those goods or services that are purchased by the consumer with high frequency without comparison criteria or high purchasing efforts. These products are widely distributed so that the consumer has the availability of purchase at any time. Examples include magazines, fast food, detergents and beverages.
Some of its features are:
- Low price,
- Classified as non-durable goods,
- High frequency of replacement at points of sale,
- Easy replacement products