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3 years ago

Capstone Corp. reported $150,000 of comprehensive income for 2014. It also reported the following:

Business

1 answer:

babunello [35]3 years ago

8 0

Answer:

Option (D) is correct.

Explanation:

Given that,

Beginning retained earnings = $300,000

Income tax expense = $60,000

Ending retained earnings = $320,000

Cash dividends declared = $80,000

Net income:

= Increase in Retained Earnings + Dividend Declared

= (Ending Retained Earnings - Beginning Retained Earnings) + Dividend Declared

= ($320,000 - $300,000) + $80,000

= $20,000 + $80,000

= $100,000

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When a _________ matures, you receive your entire investment back plus any remaining interest.

kiruha [24]

Bond is correct answer.

When a bond matures, you receive your entire investment back plus any remaining interest.

Hope it helped you.

-Charlie

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3 years ago

Problems and Applications Q2 Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per

kari74 [83]

Answer:

$550,000

Explanation:

Based on the information given the OPPORTUNITY COST OF RUNNING THE HARDWARE STORE will be $550,000 ($500,000+$50,000), which include the amount of $500,000 which is the cost of renting the store as well as to the cost to buy the stock while the $50,000 is her salary as an Accountant, reason been that she would QUIT HER JOB as an accountant in order for her to run the store.

Therefore the OPPORTUNITY COST will be $550,000

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2 years ago

Gold Company was experiencing financial difficulties, but was not bankrupt or insolvent. The National Bank, which held a mortgag

Fiesta28 [93]

The answer would be

5 0

3 years ago

Suppose the revenue from producing (and selling) x units of a product is given by Upper R (x )equals 10 x minus . 04 x squared

Volgvan

Answer:

marginal revenue is -6

and production levels 200, 50

Explanation:

given data

R(x) = 10 x - 0.04 x²

solution

we have given

R(x) = 10 x - 0.04 x²

so here R'(x) is

R'(x) = 10(1) - 0.4 (2x)

R'(x) = 10 - 0.8 x ....................1

so here at x is 20 marginal revenue will be

R'(20) = 10 - 0.8(20)

R'(20) = 10 - 16

R'(20) = - 6

and

when revenue is $400

R(x) = 400

400 = 10 x - 0.04 x²

x= 200, 50

7 0

3 years ago

An engineering firm measures its output in standard service hours (SSH) per unit, which is a function of the skill levels of its

tatyana61 [14]

Answer:

Instructions are below.

Explanation:

Giving the following information:

The variable cost is $60 per SSH and the fixed cost is $2,000,000 per year. The firm charges $100 for each service per hour. Assume the maximum hours the firm operates (that is the output) is 170,000 per year.

1) To calculate the break-even point, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 2,000,000/ (100 - 60)

Break-even point in units= 50,000 hours

2) %of hours= (50,000/170,000)*100= 29.41%

3) Fixed costs= $1,800,000

Break-even point in units= 1,800,000/40

Break-even point in units= 45,000 hours

The number of units required to cover for fixed costs diminished by 10%.

4) Selling price= $110

Break-even point in units= 2,000,000/(110 - 60)

Break-even point in units= 40,000 hours

The number of units required to cover for fixed costs diminished by 20%.

5) In generals terms, it is easier to increase the selling price compared to decreasing fixed costs. In this case, the best option is to increase the selling price. The effect on income and the break-even analysis is higher than decreasing fixed costs.

3 0

3 years ago