Chapter 12 is meant primarily for: A. farmers B. states C. taxing districts D. municipalities

Ksju [112]

Yes bc yea snnsnsndz

4 0

3 years ago

Bramble Corp. has current assets of $1490000 and current liabilities of $820000. If they issue $175000 of new stock what will th

crimeas [40]

Answer:

New Current ratio will be 1.82

Explanation:

Current assets = $1,490,000

Current liabilities = $820,000

New stock issued = $175000

Current Ratio = Current Assets / Current Liabilities

Current Ratio = $1,490,000 / $820,000

Current Ratio = 1.8171 = 1.82

New Stock issue will not effect the current ratio as current ratio only deals the current assets and current liabilities ( as given in formula above ). Any equity transaction will not effect this ratio.

4 0

3 years ago

Every saturday morning jack read for 30in play baskeball for 60 min and ride his bike if jack

Tanya [424]

Answer:

Explanation:

I am sorry but please give detailed question

3 0

3 years ago

While discussing approaches to boost organization productivity, rene, the president of an auto manufacturer, was interested in a

Lesechka [4]

It seems that you have missed the necessary options for us to answer this question so I had to look for it. Anyway, the answer that would best complete the given statement above is the word CLASSICAL. <span>While discussing approaches to boost organization productivity, rene, the president of an auto manufacturer, was interested in a rational approach that through the application of scientific methods, time and motion studies, and job specialization found it is possible to increase productivity. This is the essence of the CLASSICAL viewpoint. Hope this helps.</span>

5 0

4 years ago

Rent revenue $6540 Sales discounts $7830 Interest expense 13260 Selling expenses 99710 Beginning retained earnings 114930 Sales

Stels [109]

Answer:

Income Statement

Sales Revenue $ 402.000

Sales discounts -$ 7.830

Sales returns and allowances -$ 12.740

Net Revenue $ 381.430

Net Income -$ 22.779

Income attributable to controlling stockholders

Net Income -$ 22.779

Allocation to noncontrolling interest -$ 19.720

Income attributable to controlling stockholders -$ 62.219

Explanation:

Total Net revenue it's calculated with the Sales Revenue less Sales discounts and Returns and allowances.

Net Income it's calculated with the total Net Sales minus cost of goods sold, Expenses, Interest and Taxes for a determinated period.

To calculate the income to controlling stockholders it's necessary to subtracted at the end of the statement which they do not own.

Income Statement

Sales Revenue $ 402.000

Sales discounts -$ 7.830

Sales returns and allowances -$ 12.740

Net Sales $ 381.430

Cost of goods sold -$ 188.417

Gross Profit $ 193.013

Administrative Expenses -$ 80.660

Selling Expenses -$ 99.710

Other Income Rent Revenue $ 6.540

Net Income BEFORE Taxes $ 19.183

Interest Expenses -$ 13.260

Net Income BEFORE Taxes $ 5.923

Income Taxes -$ 28.702

Net Income -$ 22.779

Allocation to noncontrolling interest -$ 19.720

Income attributable to controlling stockholders -$ 62.219

4 0

4 years ago