Answer:
$110,000
Explanation:
A company's January 1, 2016 balance sheet reported total assets of $120,000 and total liabilities of $40,000. During January 2016, the following transactions occurred: (A) the company issued stock and collected cash totaling $30,000; (B) the company paid an account payable of $6,000; (C) the company purchased supplies for $1,000 with cash; (D) the company purchased land for $60,000 paying $10,000 with cash and signing a note payable for the balance. What is total stockholders' equity after the transactions above?
$110,00
Beginning equity = $120,000 − $40,000 = $80,000.
Only transaction (A) affects stockholders' equity.
Therefore, stockholders' equity = $80,000 + $30,000 = $110,000.
Liability insurance or legal liability
Answer:
$140 per hour
Explanation:
The computation of labor charge per hour is shown below:-
Labor charge per hour = (Total of Wheels 'N Spokes Repair Shop ÷ labor hours) + Profit margin
= ($500,000 ÷ 5,000 hours) + $40 per labor hour
= $100 per hour + $40 per hour
= $140 per hour
Therefore for computing the labor charge per hour we simply applied the above formula.
Answer: The answer is <u>A rounded bacterium</u> for sure.
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Explanation:
If the government imposes a price ceiling of $4. The quantity purchased by consumers in this market would decline from 4 to 2.
A price ceiling is a situation in which the calculated price is above or below the equilibrium price determined by the market forces of supply and demand. Higher price caps have been shown to be ineffective. It turns out that price caps are very important in the residential rental market.
A price ceiling is the legal maximum price you can pay for goods or services. Governments set price caps to keep the prices of essential goods and services affordable. For example, when Hurricane Katrina hit in 2005, the price of bottled water exceeded $5 a gallon.
Learn more about the price ceiling here brainly.com/question/1448982
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