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3 years ago

If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be:________

Business

1 answer:

natta225 [31]3 years ago

5 0

Answer:

d) Equity would increase by $63,228

Explanation:

We are not given any information about stock prices, but we do not need them. Whenever new common stocks are issued, stockholders' equity will increase (always).

Retained earnings are affected by net income and dividends:

net income increases retained earnings
dividends decrease retained earnings

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A plant's fixed overhead costs total $500,000 for a year to produce 400,000 widgets, among other items. If machine‐hours are use

maxonik [38]

Answer:

$0.5

Explanation:

A plant's fixed total overhead cost is $500,000 for a year

400,000 widgets are required to be produced for this period

All processes require a 40,000 machine hours and the widgets use 16,000 hours out of the total hours

The first step is to calculate the fixed overhead application rate

= $500,000/40,000

= $12.5 machine-hour

The fixed overhead that is applied to the widgets can be calculated as follows

= $12.5 × 16,000

= $200,000

Therefore, the fixed overhead that is applied to each of the widgets produced can be calculated as follows

= 200,000/400,000

= $0.5

Hence the fixed overhead that is applicable to each widgets is $0.5

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3 years ago

Monetary policy could be procyclical if the Federal Reserve: a) is late recognizing that a recession has begun and conducts expa

gladu [14]

A) is late recognizing that a recession has begun and conducts expansionary monetary policy.

6 0

3 years ago

What is the first step in applying for financial aid?

mamaluj [8]

Fill out the FAFSA. You must complete the FAFSA (Free Application for Federal Student Aid) to qualify for: Federal and most state grants, scholarships, low-cost student loans, and work-study programs<span>. The Pennsylvania State Grant Program and other state programs.

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3 years ago

If a speech consists of a story or series of short stories, which pattern of organization is the speaker using

Liono4ka [1.6K]

The pattern that is being referred to above is called the NARRATIVE PATTERN. If a speech contains a story or a series of short stories in it, and only includes a vivid imagery, the setting, plot and characters, then this would fall in the narrative pattern. Narrative means to narrate or to tell something according to the other of when it happened.

6 0

3 years ago

Assuming the Fashion line is discontinued, total fixed costs remain unchanged, and the space formerly used to produce the Fashio

horrorfan [7]

Answer:

A) Increase $137,500

Explanation:

Calculation for how will operating income be affected

CHANGE IN OPERATING INCOME

Sales Revenue (Additional) $850,000

(250 %* 340,000)

Less Variable expenses (Additional) ($587,500)

(250 % *$ 235,000)

Contribution Margin $ 262,500

($850,000-$587,500)

Less Fixed Expenses ($76,000)

($262,500-$76,000)

Operating Income $ 186,500

( $ 262,500-$76,000)

Less Previous Operating Income ($49,000)

Operating Income $137,500 Increase

($ 186,500-$49,000)

Therefore the operating income will increase by $137,500

7 0

3 years ago