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Tomtit [17]
3 years ago
6

If the liabilities of a business increased $83,000 during a period of time and the stockholders’ equity in the business decrease

d $34,000 during the same period, the assets of the business must have:
Business
1 answer:
Sedbober [7]3 years ago
4 0

Answer:

The assets of the business must have increased by $49,000.

Explanation:

Every time when a change in any type of account occur it should satisfy the accounting equation as follow:

Asset = Equity + Liabilities

So, the same situation is

Change in Asset = Change in Equity + Change in Liabilities

Change in Asset = -$34,000 + $83,000

Change in Asset = $49,000

So, the net change in the assets will be $49,000. This value is the net of change in the assets section resulting the change due to Equity and liability transaction.

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umka2103 [35]

Answer:

$26.05

Explanation:

according to the constant dividend growth model

price = d1 / (r - g)

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r = cost of equity

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1.5 x (1.045^6) / 12 - 4.5 = $26.05

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3 years ago
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The percentage of 250000 to 180000 is 72% or answer D
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Levine Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct
FinnZ [79.3K]

Answer:

Total materials variance = (Actual quantity * Actual price) - (Standard quantity * Standard price)

= 2,850 - (230 * 14.4)

= 462 (Favourable)

Materials price variance = (Standard price - Actual price) * Actual quantity

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= 150 Unfavourable

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= [(230 * 8) - 1,500] * 1.8

= 612 Favourable

Total labour variance = (Actual hours * Actual rate) - (Standard hours * Standard rate)

= 19,458 - (230 * 84)

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Labour price variance = (Standard rate - Actual rate) *  Actual hours

= [14 - (19,458/1,410)] * 1,410

= 282 Favourable

Labour quantity variance = (Standard hours - Actual hours) * Standard rate

= [(230 * 6) - 1,410] * 14

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6 0
3 years ago
(1 point) The manager of a large apartment complex knows from experience that 110 units will be occupied if the rent is 300 doll
Keith_Richards [23]

Answer:

$270

Explanation:

If the rent is $300 then 110 units will be occupied. The manager of the apartment complex should set a price which will maximize the revenue. When the rent is increased by $2 then one additional unit will be left vacant. This will reduce the revenue of the apartment manager. The equation to find the best possible rent which maximizes the total revenue is:

Profit = 110 (p - 300)

P = 110p - 330

P = 270.

The rent for the apartment should be 270 so the total revenue will be maximized.

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3 years ago
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