1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tigry1 [53]
3 years ago
14

Astoria Co. had the following transactions during the month of August 2014: * Cash received from bank loans was $20,000. * Divid

ends of $9,500 were paid to stockholders in cash. * Revenues earned and received in cash amounted to $33,500. * Expenses incurred and paid were $26,000. Refer to the information above. At the beginning of August, 2014, owners' equity in Astoria was $160,000. Given the transactions of August, what will be the owners' equity be at the end of the month
Business
1 answer:
Fynjy0 [20]3 years ago
6 0

Answer: $158,000

Explanation:

Equity = Opening equity + Net Income - Dividends

Net Income = Revenue - expenses

= 33,500 - 26,000

= $7,500

Equity = 160,000 + 7,500 - 9,500

= $158,000

You might be interested in
The story in the video describes how the ceo of japan airlines, haruka nishimatsu, serves as an example of:
Anastaziya [24]
<span>the answer is several of the characteristics of a high performing strategic leader.

What unique about him is:
- He does not had a lavish lifestyle eventhough he held the most important position in the company.
- He let his office opened so all of his employees can get easy access to communicate with him
- He openly receive any ideas his employees gave to him as long as it's related to their growth as an organization.</span>
6 0
3 years ago
One of the main advantages of e-marketing is _
mezya [45]
Personal interaction
8 0
3 years ago
Read 2 more answers
As the production planner for Xiangling Hu Products, Inc., you have been given a bill of material for a bracket that is made up
Klio2033 [76]
<h3>Explanation:</h3><h3>Part (a):</h3>

Solved part is attached as an image.

<h3>Part (b):</h3>

Let us first determine the amount required of each item to produce 1 bracket.

From the attached diagram, we can see that to manufacture 1 bracket, quantity of each item needed is,

Base = 1

Spring = 2

Clamp = 1 + 4 = 5

Housing = 2

Handle = (1 * 1) + (4 * 1) = 5

Casting = (1 * 1) + (4 * 1) = 5

Bearing = 2 * 2 = 4

Shaft = 2 * 1 = 2

Hence, for 50 Brackets, quantity of each item required will be,

Base = 1 * 50 = 50

Spring = 2 * 50 = 100

Clamp = 5 * 50 = 250

Housing = 2 * 50 = 100

Handle = 5 * 50 = 250

Casting = 5  * 50 = 250

Bearing = 4 * 50 = 200

Shaft = 2 * 50 = 100

<em>NOTE: The above quantities give exclusive quantities required for each item. In actual practice, we won't have to purchase base, clamp & housing separately as the will be assembled from their components which are already procured.</em>

<h3>Part (c):</h3>

As 25 bases are already in stock, parts for them will not be needed. I will refer the quantities subtracted due to this by indicating (B). Similarly, quantities subtracted due to clamps will be indicated as (C).

Base = 50 - 25 = 25

Spring = 50

Clamp = 250 - 100 - 25(B) = 125

Housing = 100 - (2*25)(B) = 50

Handle = 1 * 125 = 125

Casting = 1 * 125 = 125

Bearing = 2 * 50 = 100

Shaft = 1 * 50 = 50

6 0
4 years ago
In the Keynesian model, a $1 billion increase in autonomous consumption leads to ______ in equilibrium output.
egoroff_w [7]

Answer: A greater than $1 billion increase

Explanation: According to the Keynesian Model which says that government should increase demand to boost growth.

Keynesian believes that Government spending on infrastructure, unemployment benefits, and education will increase consumer demand. They also believe that consumer demand is the primary driving force in an economy.

4 0
3 years ago
As the president of a local trade company, Kristin is faced with leadership, ethical, and operational decisions on a daily basis
docker41 [41]

Answer: Option B  

Explanation: In simple words, Information management refers to the governance of the information assets of the organisation.

Under this, the managers collects the information,that is useful to various stakeholders, from several different resources and then distributes it those stakeholders.

In the given case, Kristin is also managing the information that is useful to the organisation.

Hence the correct option is B.

4 0
3 years ago
Other questions:
  • Fresnas Inc. is a furniture manufacturing company. It has taken the initiative of incorporating social responsibility as one of
    15·1 answer
  • -8=-7(-4x+8)+8(x-3) what does x equal? and how do i get the answer?
    6·1 answer
  • Which sentences describe characteristics of a partnership?
    9·2 answers
  • Managing values in the workplace legitimizes managerial actions and strengthens the coherence and balance of the organization’
    10·1 answer
  • Assume that the MPC is 0.75. Full employment is considered to be at a GDP level of $500 billion. The GDP is $600 billion. What s
    15·1 answer
  • Wilcox Company has budgeted sales volume of 60,000 units and budgeted production of 54,000 units, while 10,000 units are in begi
    7·1 answer
  • SWOT analysis is a framework for analyzing the internal and external environment of a company. It consists of strengths, weaknes
    15·1 answer
  • Which of the following statements is NOT correct? Select one: a. After a 3-for-1 stock split, a company's price per share should
    12·2 answers
  • A company's issued share capital throughout an accounting period consists of 500,000 common shares of 20 cent each and 100,000 p
    10·1 answer
  • Problem solving and critical thinking are ______ because they use logic and reasoning to develop and evaluate options
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!