The Owner's Equity statement illustrates the capital account changes due to contributions, withdrawals, net income, or a net loss. So Ending Balance of the statement of changes in Owner's equity will be; Opening capital + Capital Added + Net Income - Owner's Withdrawals.
A one-page report titled a "statement of owner's equity" compares all assets and liabilities to determine the owner's equity's overall value. The snapshot, which is tracked over a predetermined time period or accounting period, depicts the flow of cash through a company.
Owner's equity is simply the difference between the owner's initial investment in the business and any withdrawals made by the owner. For instance: A real estate project with a value of $500,000 and a loan balance of $400,000 would have $100,000 in owner's equity.
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Answer:
Total Contribution Margin= $50,388
Explanation:
Giving the following information:
Sales (3,400 units) $ 88,400
Variable expenses 43,316
We need to calculate the selling price and unitary variable cost:
Selling price= 88,400/3,400= $26
Unitary variable cost= 43,316/3,400= $12.74
Now, we can calculate the total contribution margin for 3,800 units.
Sales= 26*3,800= 98,800
Variable cost= 12.74*3,800= (48,412)
Contribution margin= 50,388
<h2>Answer : Option A) 1 foot/second</h2><h3>Explanation :</h3>
If we consider that the plates are placed 2 ft apart and there has to be 1800 meals that needs to be delivered in an hour.
so if we multiply 2 ft and 1800 meals that is delivered in 1 hour,we get 2 X 1800 = 3600 meals in an hour.
If we try to accommodate the plates at each ft then there will be 3600 meals delivered in 1 hour.
we know that 1 hour has 3600 seconds in it.
So, here the distance is 1 ft, and speed has to be determined time is 1 hour = 3600 seconds
3600 meals / 3600 seconds = 1 foot per second.
OR 1800 meals set at 2 ft apart in 3600 seconds will give the speed of the belt as 1 foot per second.
(1 ft = speed X 1 hour)
<h2>so, the speed also will be 1 foot per second. </h2>
Answer:
c. $2.0 million for Lopes and by $2.5 million for HomeMax.
Explanation:
For the problem above, the two organizations agreed to work on a particular project because they believed that they will benefit from the outcome of the project. Based on the available information provided in the question, the profit that Lopes will make yearly will increase by $2.0 million while that of HomeMax will increase by $2.5 million.
Manuel is retired and receives a fixed payment from his pension each there is inflation when the buying power of his pension will fall
This is further explained below.
<h3>What is
inflation?</h3>
Generally, Inflation refers to the rate at which prices continue to grow during a certain period of time, and the term may also refer to inflation itself. In most cases, inflation is assessed on a broad scale, such as the overall increase in prices or the growth in the cost of living in a particular nation.
To put inflation in its most basic form, it may be thought of as the general upward trend in the prices of goods and services over time. What this implies is that a dollar spent now won't purchase as much in the future. In other words, it will lower your ability to purchase things in the future.
In conclusion, Manuel is now retired and receives a certain amount from his pension on an annual basis. In the event that there is inflation, Manuel will be able to buy a lesser total amount with his pension money.
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