Answer:
The answer is: A) 0$
Explanation:
If Tomika Corporation's current and accumulated earnings and profits was $0, the fact that it distributed $10,000 to Alana (sole shareholder) wouldn't change that number. The only thing that has changed in Tomika is the amount of equity.
For earnings and profits account to change, Tomika must make or lose some money doing business.
Answer:
$25,000
Explanation:
Data provided in the question
First payment will occur in a year = $1,000
Growing rate = 8%
Interest rate = 12%
So, the today value of the bequest is
= (First payment will occur in a year) ÷ (Interest rate - growing rate)
= ($1,000) ÷ (12% - 8%)
= ($1,000) ÷ (4%)
= $25,000
Hence, the today value of the bequest is $25,000
Answer:
$80,000
Explanation:
Calculation to determine the amount of differential revenue
Using this formula
Differential revenue=Per units*Number of units
Let plug in the formula
Differential revenue=$400 x 200 units
Differential revenue= $80,000
Therefore the amount of differential revenue is $80,000
<span>A management concept based on an understanding of the changing wants and needs of customers and which leads to flexible product designs and production processes, is called customer orientation.
Customer orientation includes group of action that are focused on </span><span>helping </span>customers<span> to meet their long-term needs and wants.</span>
Answer:
$50,000
Explanation:
Based on this information, the cash collected from accounts receivable during the period is $50,000. This can be calculated in the following way. Since the Company started the period with a $14,000 debit balance and ended that period with only $8,000 it means that $6,000 was used. Since it was used, it means that it was deducted from the actual collected total. Therefore to find this total we add these $6,000 to the revenue for that period which was $44,000. This totals up to $50,000.
