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Anna [14]
3 years ago
13

At October 1, Arcade Fire Enterprises reported stockholders' equity of $70,000. During October, no stock was issued and the comp

any earned net income of $18,000. If stockholders' equity at October 31 totals $78,000, what amount of dividends were paid during the month?
Business
1 answer:
viva [34]3 years ago
5 0

Answer:

$10,000

Explanation:

As provided no equity is issued, therefore,

Common stock + Net income = Stockholder's equity

We know common stock = $70,000

Further there might be some dividend paid, which shall be deducted from net income to compute total value of Stockholder's equity.

Therefore,

$70,000 + $18,000 - Dividend = $78,000

$88,000 - $78,000 = Dividend = $10,000

Therefore, dividends paid during the month = $10,000

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Answer:

A) Isabel's after-tax cost for paying the bill in December = $19,000 - ($19,000 x 40%) = $19,000 - $7,600 = $11,400

B) Isabel's after-tax cost for paying the bill in January:

the cost before taxes = $19,000 - ($19,000 x 4%/12) = $19,000 - $63 = $18,937

after-tax cost = $18,937 - ($18,937 x 40%) = $18,937 - $7,575 = $11,362

C) January, since the cost of the debt is lower.

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3 years ago
to have ____ advantage means to be able to produce more using the same resources. To have _____ advantage means to have a lower
Anestetic [448]

Answer:

Absolute, Comparative, Opportunity cost, Gains of trade, Not possible

Explanation:

The terms that will be filled in these blanks are economic terms that are used often in the business. The completed sentences have been written below -

  • To have absolute advantage means to be able to produce more using the same resources.
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  • It is not possible for one producer to have a comparative advantage for every good.
3 0
3 years ago
mungo purchases disability income insurance. the benefit is a payment of $2000 per months during qualifying periods of disabilit
r-ruslan [8.4K]

Mungo purchases disability income insurance. the benefit is a payment of $2000 per month during qualifying periods of disability the disability insurance premium is  Occupation, Benefit Period or Tenure, Health, Elimination Period or the Waiting Period, Policy Provisions if any.

A length of incapacity is a non-stop time frame throughout which a man or woman is below a disability as defined by segment 21  of the Social security Act. there may be no restriction on what number of hours you could work on SSI, alternatively, a restriction on how a lot you can make in a month.

A character in 2022, you need to be making less than $841 of countable earnings per month and feature much less than $2,000 in belongings to qualify. For a pair, the limit is $3,000.A closed duration of incapacity is the time period between the onset of incapacity and the date whilst a claimant is bodily able to return to work performing a significant gainful hobby. Calculating gain payment quantities. Your Weekly benefit quantity WBA relies upon for your annual income.

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2 years ago
If the exercise price of an M-tel warrant is $48 and the stock splits 2 for 1, what will be the post-split exercise price of the
mariarad [96]

Answer: $60

Explanation:

4 0
3 years ago
The following data were gathered to use in reconciling the bank account of Savannah Company: Balance per bank $16,750 Balance pe
Reika [66]

Answer:

Adjusted Balance as per bank statement = $15,095

Adjusted Balance as per book = $15,095

Explanation:

given data

Balance per bank = $16,750

Balance per company records = 16,125

Bank service charges = 80

Deposit in transit = 2,195

NSF check = 950

Outstanding checks = 3,850

to find out

What is the adjusted balance on the bank reconciliation

solution

first we get here Adjusted Balance as per bank statement that is express as

Adjusted Balance as per bank statement = Balance per bank + Deposit in transit Outstanding checks     .......................1

put here value

Adjusted Balance as per bank statement = $16,750 + $2,195 - $3,850

Adjusted Balance as per bank statement = $15,095

and

Adjusted Balance as per book  will be here as

Adjusted Balance as per book = Balance per company record - Bank Service charges - NSF checks     ......................2

put here value

Adjusted Balance as per book = $16,125 - $80 - $950

so

Adjusted Balance as per book = $15,095

6 0
3 years ago
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