Based on the information given selling new shares of stock represents equity financing.
Equity financing can be defined as the process of selling the percentage of the stock you own or selling the shares of your stock in order to raise funds.
Example an investor may choose to to purchased a shares in the company so as to make money or profit by selling their those shares.
Based on the information given selling of additional shares of ownership represent equity financing as the investors is trying to make money or raise funds so as to build a new movie theater by selling the new shares of stock.
Inconclusion selling new shares of stock represents equity financing.
Learn more about equity financing here:brainly.com/question/14033901
Answer and Explanation:
The preparation of the income statement is presented below:
Revenues
Fees earned $520,400
Total revenues $520,400
Less expenses:
Depreciation Expense $9,800
Insurance Expense $1,860
Miscellaneous Expense $3,920
Rent Expense $74,500
Salaries Expense $261,700
Supplies Expense $3,330
Utilities Expense $28,400
Total expenses $383,510
Net income $136,890
Answer:
I would say B, this career is unlikley to be a good fit for you.
Explanation:
It's common for your charateristicts to be different than those of the people in the job, but you must first always make sure that this is job is going to be ideal for you.
hope this helps!
Answer:
(a) Income Statement
Belyk Paving Co.
Income statement for the year xxxx
Sales $2,384,000
Cost of goods sold $1,441,000
Gross Profit $943,000
Administrative and selling expenses $436,600
Depreciation expense $491,600
Operating Income 14,800
Interest expense $216,600
Income before Tax ($201,8000)
Tax rate 35% <u> $0 </u>
Net Loss <u>($201,800)</u>
(b) operating Cash flow
Net Loss ($201,800)
Add: Non cash Expenses (Depreciation) <u> $491,600</u>
Cash flow from operating activities <u> $289,800 </u>