Answer:
$13,000
Explanation:
Net income= net sales -net expenditure
in this case:
net sales=$126,000
net expenses = $113,000 {COGS + operating exp.+other exp.}
Net income= $126,000-$113,000
=$13,000
Answer:
$30
Explanation:
The cash flows from financing activities will include:
+ issuance of preferred stock
+ issuance of bonds
- paid off long-term bank borrowings
- repurchase of common stock
- dividends paid
cash flows from financial activities = $35 + $50 - $15 - $30 - $10 = $30
The $45 resulting from the debt retired through issuance of common stock was not a financial operation, therefore it is not included in the cash flow form financial activities.
Answer:
$466,500
Explanation:
Assuming Metlock, Inc is free of tax, tax rate = 0%
Net profit of the year = (revenues - expenses) * (1- tax rate)
= $487,000 - $384,000 = $103,000
Retained earnings balance at the end of the year
= Retained earnings balance at beginning of the year + net profit - dividend paid
= $402,000 + $103,000 - $38500
= $466,500
Answer:
innovation and learning perspective
Explanation:
The innovation and learning perspective in strictly designed and implemented in organisations to improve the working environment and to seek for the long-term stability. This point of view incorporates representative preparing and corporate social dispositions identified with both individual and corporate personal growth. It gives employees with an opportunity to speak and suggest their perspectives.
Answer: B
Explanation:
As a general rule, owners, such as investors, in a public corporation are only liable for the money they have invested into the business. They can only lose what they have invested in the business. So, if the company goes bankrupt, the creditors cannot claim the owner’s personal assets.
