Answer:
$120,669
Explanation:
Ending Retained Earnings = Opening Retained Earning + Net Income - Dividends
therefore,
Ending Retained Earnings = $90,369 + $46,300 - $16,000 = $120,669
thus,
Ending balance in Retained Earnings be next year will be $120,669
Can you put this in English please
Cause and effect in the context of business cycle refers to actions done for a project in the business. Cause and effect may also refer to the stocks or market proceeds (e.g. Because of ____________, the proceeds were higher/lower).
Answer:
consume 8 units of A and 12 units of B
Explanation:
given data
prices of A = $1.50
prices of B = $1
Budget constraint = $24
consider data indifference curve
unit A unit B
16 6
12 8
8 12
4 24
solution
As graph, Mr. Chen will buy 8A and 12 B goods.
so Budget constraint is here express as
24 = 8 × $1.50 + 12 × 1.00
so here
MRS = 
rule of equilibrium
so here MRS is
MRS = 
= 
= 
MRS = =
Answer:
$150,000
Explanation:
$150,000
The failure to accrue warranty expense is an accounting error. It gives rise to a Prior period adjustment in the year of discovery (20x3).
Prior period adjustments are limited to corrections of errors affecting prior-year net income. They adjust the beginning balance of retained earnings in the year of correction.
The change in depreciation method is an estimate change, which is reported in earnings. It is not a Prior period adjustmen
