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Stells [14]
3 years ago
12

The following balances were taken from the general ledger of Doogie Corporation as of December 31. All balances are normal. Cash

$6,000 Accounts receivable $10,800 Accounts payable 6,000 Common stock 51,000 Equipment 45,000 Dividends 2,400 Utilities expense 2,000 Administrative expense 8,000 Sales revenue 17,200 Prepare a trial balance.

Business
1 answer:
love history [14]3 years ago
7 0

Answer:

Please refer to the attached

Explanation:

Please refer to the attached.

Note that in trial balance Debit side must always be equal to debit side

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Digital marketing has become an increasingly important element of the​ marketer's toolbox. according to a survey conducted by pe
Rasek [7]

Answer:

73%

Explanation:

Digital marketing is promotion of goods and services using digital tools such as email, search engines, social media, and websites on the internet.

The trend is on the increase and there is more emphasis on developing digital marketing tools, so marketers use services like web design, search engine optimisation, and ecommerce.

Digital marketing has the advantage of always being available so your business never sleeps.

6 0
4 years ago
A stock will pay no dividends for the next 3 years. Four years from now, the stock is expected to pay its first dividend in the
vesna_86 [32]

Answer:

$24.59 or $24.6 or $25

Explanation:

Value of the share is the present value of dividend associated with that share. We need to calculate the present value of each dividend at year 2 and add them to determine the value of the share.

As given there is no dividend for 3 years,next dividend of $2.4 dividend will be discounted for two years and $3 dividend for three years. After that we need to calculate the  present value using DVM and discount this value for 4 years.

Value of Stock = [ $2.4 (1+14%)^-2 ] + [ $3 (1+14%)^-3 ] + [ $3(1+5%) / (14%-5%) ] x (1+14%)^-4

Value of Stock = $1.85 + $2.02 + $20.72 = $24.59

8 0
3 years ago
The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. A random
Natali [406]

Answer:

C. $3,415.75

Explanation:

1   1.127,00  

2   1.482,00  

3   2.995,00  

4   3.009,00  

5   3.250,00  

6   3.250,00  

7   3.445,00  

8   3.449,00  

9   4.000,00  

10   6.120,00  

3.415,75  

8 0
3 years ago
Charger Company's most recent balance sheet reports total assets of $32,868,000, total liabilities of $19,668,000 and total equi
-Dominant- [34]

Answer:

1.49

Explanation:

The computation of the debt equity ratio is shown below:

Debt Equity Ratio is

= Total liabilities ÷ total equity

= $19,668,000 ÷ $13,200,000

= 1.49

By dividing the total liabilities from the total equity we can get the debt equity ratio and the same is to be considered plus it also shows a relationship between the total liabilities and total equity

4 0
3 years ago
Fill in both blanks with the correct terms: A _________ percentage of young people have debt than older generations, while their
Vinil7 [7]

Answer:

The correct answer is letter "C": Larger, lower.

Explanation:

According to different researches carried out across the U.S., young adults who are between 18 and 29 years old have a total debt to $1.05 trillion. Individuals' debt who are older than 70 is $1 trillion. The average debt amount that young adults (18-29) have is $22,000 while elder people from 50 years old and on is $36,000.

Then, <em>young adults have larger accumulated debt than elders and their debt amounts are lower as well.</em>

7 0
3 years ago
Read 2 more answers
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