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3 years ago

1. If a business has assets of $ 5,600 and liabilities of $900, the owner's equity is *

Business

2 answers:

Eddi Din [679]3 years ago

7 0

Answer:

The owner's equity is $900

Explanation:

Because an asset takes money from your pocket and liability puts money in your pocket.

VladimirAG [237]3 years ago

3 0

You subtract assets and liabilities to get the owner’s equity and so the answer is $4700

5600-900=4700

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Corporate finance (Financial management) deals with main three types of managerial decision making problems in the context of bu

Roman55 [17]

Answer:

staffing decision making problems

Explanation:

In simple words, corporate finance relates to the branch of finance that studies how and when an organisation and individuals should incest their money in the market.

In this subject matter. the analyst takes into consideration various market factors such as interest rates, GDP etc. and by applying various tools and methods make a decision.

It particularly deals with investment decisions and asset management problems and not staffing decisions.

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3 years ago

1. Monroe Company owns 40% of the voting stock of Nartal Industries, acquired at book value. Nartal reports income of $600,000 f

lesya692 [45]

Answer:

A. $230,400

Explanation:

600,000 x 40% = 240,000

260,000 - 156,000 = 104,000 transfers of goods intra-entity at sale price

we divide by the markup to know the cost:

104,000 / 1.3 = 80,000 cost of the goods

gross margin 104,000 - 80,000 = 24,000

we will eliminate 40% of the gross margin

24,000 x 40% = 9,600

This amount will be eliminate from the incoem statemnet:

240,000 - 9,600 = 230,400

7 0

4 years ago

What is the difference between patronage and the merit principle?

alexdok [17]

Patronage principle based its hiring and promotion system on political reasons while the merit principle employed the idea that hiring should be based on entrance examination and promotion. One of the major disadvantage of the patronage principle is that, it may end up employing people who are not qualify for the job. Merit principle choose based on qualifications.

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4 years ago

In a company's annual report, the section called Management Discussion and Analysis provides critical information for interpreti

ddd [48]

Answer:

A. True

Explanation:

The section called Management Discussion and Analysis in an annual report analyzes the performance of a company, includes comments from the management about the financial statements to allow the readers to understand the information in a better way and includes the future objectives and plans. According to this, the answer is that the statement that indicates that in a company's annual report, the section called Management Discussion and Analysis provides critical information for interpreting the financial statements and assessing the future of the company is true.

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3 years ago

At the price of $5 per pack of batteries, Duracell sells 10,000 packs of batteries and Energizer sells 15,000 packs of batteries

Verdich [7]

Answer:

28,000

Explanation:

To get this answer you have to assume perfect competition scenario, since in this case supply = demand. In this case:

At $7,5

Energizer sells 16,000 => Supply Energizer = 16,000

Duracell sells 12,000 => Supply Duracell = 12,000

Total Supply = 16,000+12,000

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3 years ago