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Misha Larkins [42]
3 years ago
6

Leslie Printing has net income of $26,310 for the year. At the beginning of the year, the firm had common stock of $55,000, paid

-in surplus of $11,200, and retained earnings of $48,420. At the end of the year, the firm had total equity of $142,430. The firm paid dividends of $32,500. What is the amount of the net new equity raised during the year?
Business
1 answer:
BARSIC [14]3 years ago
6 0

Answer:

The amount of the net new equity raised during the year is $34,000.

Explanation:

Net new equity = total equity - common stock - paid-in surplus - (retained earnings + net income - paid dividends)

= $142,430 - $55,000 - $11,200 - ($48,420 + $26,310 -   $32,500)

= $34,000

Therefore, the amount of the net new equity raised during the year is $34,000.

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nevsk [136]

Answer:

a. No.  A state court will do a better job in this case because it exercises unlimited jurisdiction.  Moreover, you can only bring your case to a federal court if the amount of your claim is up to $75,000 or the issue is exclusive to the federal court.  This is not the case here.

b. Yes and No.  We need some additional information about the accident location to help answer this question definitively.

c. No. You should not consider accepting the offered settlement.  The jury award is meant to pay for your medical bills and also to help you recover financially as though the accident did not happen in the first place.  Accepting any lesser amount after the judgment is rendered is in bad taste.  The other party should have negotiated to settle out of court before the final judgment was rendered.  But it did not.  So, go with the jury award.

Explanation:

a) Data and Calculations:

Missed work for 15 weeks

Total medical bills incurred = $50,000

Total lost wages incurred = $15,000

Jury award = $100,000 ($50,000 for medical, $15,000 for lost wages and $35,000 for punitive damages)

Settlement offer = $50,000

7 0
3 years ago
In the product development process, _____ eliminates ideas that are inconsistent with an organization's new-product strategy or
Serggg [28]

Answer:

Screening

Explanation:

Screening is a process in product development that evaluates and compares ideas that are put together for a business.

Simply put, screening is the checking and analyzing of ideas about a new product to ensure that the best idea is utilized to ensure profit.

Screening is done because every idea suggested cannot be good enough or useful for an organization and as such have to be trimmed off or trashed entirely to enable one use the best approach from other ideas.

I hope this helps.

8 0
3 years ago
Renata's US-based lifestyle company decides to invest in a company based in France that specializes in health and wellness. This
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People often make investments the health and wellness sector. This would be an example of foreign direct investment.

<h3>What is a foreign direct investment (FDI)?</h3>

This is known as a purchase of an interest that a firm is involved in. Here, the company by a company or an investor are found outside its borders.

The 3 types of FDI are;

  1. Horizontal FDI
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It is simply a business decision to get or buy a good amount of stake in a foreign business as in the case with Reneta.

Learn more about foreign direct investment from

brainly.com/question/1125884

7 0
2 years ago
Knowles &amp; Foreman Company took the following data from its income statement at the end of the current year:Per-unit product
Slav-nsk [51]

Answer:

d. 1,680 units

Explanation:

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3 years ago
Manten is a popular brand of hiking boots. Its advertisements emphasize the experience of conquering unfamiliar terrain in the w
Helga [31]

Answer: Transformational advertising  

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