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3 years ago

Total stockholders' equity represents :

Business

1 answer:

Ganezh [65]3 years ago

5 0

Answer:

c. a claim against a portion of the total assets of an enterprise.

Explanation:

The statement of stockholder's equity comprises common stock, preferred stock, and retained earnings.

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

And, the ending balance of the common stock = Beginning balance of common stock + issued shares

In this the accounting equation is used which is shown below:

Total assets = Total liabilities + stockholder equity

The debit and credit side of the balance sheet should always be equal and balanced. So, its claims against the portion of the total assets

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Butler Corporation is considering the purchase of new equipment costing $84,000. The projected annual after-tax net income from

torisob [31]

Answer:

The net present value of the machine is $5530

Explanation:

Data provided in the question:

Cost of the equipment = $84,000

Annual after-tax net income from the equipment after deducting depreciation = $3,000

Depreciation = $28,000

Useful life = 3 years

Required return on investment = 9% = 0.09

Now,

After-tax cash flow = After-tax net income + Depreciation

= $3,000 + $28,000

= $31,000

Therefore,

Net Present Value = Present value of cash flow - Investment

= ( $31,000 × PVIFA(11%, 3) ) - $84,000

= ( $31,000 × 2.5313 ) - $84,000

= $78470.3 - $84,000

= -$5529.7 ≈ - $5530

hence,

The net present value of the machine is $5530

4 0

3 years ago

Read 2 more answers

Westwick Inc. is an advertising agency. Its employees are allowed to take decisions and work in ways that will help maximize the

Anna35 [415]

Answer:

C) Organizational plurality 

Explanation:

Organizational plurality is a working environment in which all representatives are encouraged to collaborate in a way that promotes the gains for the company, clients and themselves.

As with the advertising agency, the employees are given chances to follow their decisions and maximize their experience.

5 0

3 years ago

During the month of April, direct labor cost totaled $9,750 and direct labor cost was 30% of prime cost. If total manufacturing

MatroZZZ [7]

Answer:

manufacturing overhead= $42,000

Explanation:

Giving the following information:

Direct labor= $9,750 (30% of prime costs)

Total manufacturing costs= $74,500

First, we need to determine the direct material costs. We know that prime costs are the sum of direct labor and direct material.

Prime costs= direct labor / 0.3

Prime costs= 9,750 /0.3

Prime costs= $32,500

Direct material= 32,500 - 9,750

Direct material= $22,750

Now, we can calculate the manufacturing overhead:

Total manufacturing costs= direct labor + direct material + manufacturing overhead

74,500 = 9,750 + 22,750 + manufacturing overhead

manufacturing overhead= $42,000

8 0

3 years ago

Kids' Corner, a toy store, ordered a supply of stuffed toys from Toyland Inc. The toys were supposed to be delivered on the 1 st

AveGali [126]

Kids' Corner, a toy store, ordered a supply of stuffed toys from Toyland Inc. The toys were supposed to be delivered on the 1st of December but were sent to Kids' Corner on the 5th of December. There has been a(n) _____ of contract.

A. compensatory breach

B. anticipatory breach

C. material breach

D. concurrent breach

Correct Option:

There has been a material breach of contract.

Option: C

Explanation:

A contract law concept that applies to a non-performance under the contract that is sufficiently serious to give the grieved party the right to sue for contravention of the contract, is understood as a material break or infringement.

If a substantive violation has occurred, the aggrieved party is therefore deprived of a contractual duty to further results. Here the Kids' Corner toy store ordered a supply of stuffed toys from Toyland Inc. but received order in delay date, which is considered as material breach due to late delivery of expected material.

5 0

4 years ago

The _________ is the content or general message of a conversation or what the conversation is about. a. business b. impersonal c

statuscvo [17]

Answer:

a. business

Explanation:

The opening is the beginning of the message.

The closing is the end of the message.

I hope my answer helps you

8 0

3 years ago