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Tom [10]
3 years ago
12

During its first year of operations, Maria Rose invested $25,000 in Roseland Inc. in exchange for its common stock. The company

earned $68,000 of revenues and incurred $32,000 of expenses. A cash dividend of $5,000 was paid to Maria. At the end of the year, the company owed $24,000 to its creditors. At the end of the year, the company's assets totaled:
Business
1 answer:
Mazyrski [523]3 years ago
8 0

Answer:

$80,000

Explanation:

During the first year of oeration Maria Rose invested $25,000 in Roseland incorporation

The company earned $68,000 in revenue

They incurred expenses of $32,000

A cash dividend of $5,000 was paid out to Maria

The company owed $24,00£ to its creditors

Assets = liabilities - equity

The first step is to calculate the equity

Equity= common stock - dividend + revenue-expenses incurred

= $25,000-$5,000+$68,000-$32,000

= $20,000+$36,000

= $56,000

Therefore the company's assets can be calculated as follows

= $24,000 + $56,000

= $80,000

Hence the total company's assets is $80,000

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Answer:

the sales in dollars sell to generate the target income is $183,334

Explanation:

The computation of the sales in dollars sell to generate the target income is shown below:

= (Fixed cost + target income) ÷ (selling price - variable cost) ÷ selling price

= ($25,000 + $66,667) ÷ ($30 - $20) ÷ $20

= $91,667 ÷ 50%

= $183,334

Hence, the sales in dollars sell to generate the target income is $183,334

8 0
3 years ago
Jon is considering providing substantial funding to a new startup company called Ampére located in Spain. The company is plannin
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Answer:

c) Sociocultural

Explanation:

The attidudes of Spanish consumers towards autonomous cars are mainly influenced by sociological and cultural factors, in other words, they belong the sociocultural dimension of PESTEL.

Some of these factors may be: opennes to experience, education level of the population, demographic structure, income distribution, prevailing ideas or ideology in the populace, and so on.

These are the factors that Jon should look closely to in order to determine as objectively as possible the consumer attidue towards autonomous cars, so that he can decide whether or not to start this type of business.

4 0
3 years ago
A physical count of merchandise inventory on November 30 reveals that there are 82 units on hand. Assuming that the specific ide
sattari [20]

After computing the cost of inventory that was sold, The Cost of Goods sold is given as $1,334.30.

<h3 /><h3>The calculations related to the exercise are as follows:</h3>

From the information provided (see full question attached),

Inventory at hand as at November 1:

  • there are 29 Units of Inventory at the cost of $5.90 dollars each.

Purchases:

  • 118 units are purchased at $6.30 dollars each;
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  • 88 units are bought at $6.50 dollars each.

If at the end of the period there are 25 units each form the purchases above and 7 from the existing inventory as at Nov. 1st, then the cost of goods sold is:


((29-7) X 5.9) +((118-25) x 6.3) + ((59-25) x 6.15) + ((88-25) x 6.5))

= $1,334.30

Learn more about Inventory at:
brainly.com/question/24868116

5 0
2 years ago
When it comes to market sizing, things tend to be a bit __________ for b2b sellers compared to b2c sellers.
snow_tiger [21]

In relation to market sizing, matters tend to be a bit simpler for b2b sellers as compared to b2c dealers.

The "marketplace sizing" is made from the entire wide variety of capacity shoppers of a service or product inside a given market, and the entire revenue that these sales might also generate. it's crucial to calculate and understand marketplace size for several reasons.

Market sizing research affords insights into market funding decisions and ambitions to discover the ability of a marketplace in terms of length and profitability.

Everyday market length (NMS) is the minimum range of stocks that market makers ought to deal with in a transaction for that specific stock at a specific charge. normal market length way that there may be an assured bid and offer in the inventory to maintain expenses and trades flowing.

Learn more about market sizing here: brainly.com/question/13859545

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4 0
1 year ago
g The perfectly competitive firm's supply curve: Group of answer choices coincides with its perfectly elastic demand curve. is t
natulia [17]

Answer:

is the firm's marginal cost curve above the minimum point on the AVC curve.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Generally, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of supply states that the higher the price of goods and services, the lower the supply.

An aggregate supply curve gives the relationship between the aggregate price level for goods or services and the quantity of aggregate output supplied in an economy at a specific period of time.

Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.

Hence, a perfectly competitive firm's supply curve is the firm's marginal cost (MC) curve above the minimum point on the average variable cost (AVC) curve.

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