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tino4ka555 [31]
3 years ago
15

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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Whitepunk [10]

Answer:

Inventory to be shown in balance sheet = $955000

<u>Explanation:</u>

According to the given data:

Fair value of Skywalker’s inventory = $255000

Fair value of Skywalker’s buildings and equipment is = $870000

Calculation of amount to be reported for inventory in consolidated balance sheet is as follows:

Inventory = ($700000 + $255000)

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7 0
3 years ago
All of the following options are good tips for borrowing money EXCEPT...
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laila [671]

Answer: Backtranslation

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Back translation is the process of interpreting a document or retranslating a document that had been translated into another language back to its main original language.

Since the researchers are planning to use English and French versions of the survey, then in the preparation of the survey, they should use backtranslation.

4 0
3 years ago
The staff at a small company includes: 4 secretaries, 20 technicians, 4 engineers, 2 executives, and 50 factory workers. if a pe
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As the company prepares to sell and open more stores in the Indian and Chinese markets, which type of strategy would you recomme
aleksandr82 [10.1K]

Answer:

Business Environment Research

Explanation:

Very intensive 'business environment research' strategy is important for any company trying to open more stores in any new market. Business Environment refers to external factors that affect a business.

All the aspects of market environment

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It is important to understand all these aspects to be able to understand a market better, & sell (expand) their successfully.

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