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2 years ago

15

The Baldwin Company currently has the following balances on their balance sheet: Total Liabilities $135,759 Common Stock $52,705

Retained Earnings $40,723 Suppose next year the Baldwin Company generates $36,500 in net profit and pays $15,000 in dividends and total liabilities and common stock remain unchanged. What must their total assets be next year? Select: 1 $229,187 $93,429 $250,687 $280,687

1 answer:

LiRa [457]2 years ago

8 0

Answer:

The correct option is the third one,$250,687

Explanation:

The key to ascertaining is accounting equation which that assets equal capital plus liabilities.

This implies that by determining the capital and liabilities,total assets sorted out.

Common stock $52,705

*Retained earnings for the year $62,223

Total equity and retained earnings $114,928

total liabilities $135,759

Total equity and liabilities $250,687

Total assets=total equity and liabilities=$250,687

Retained earnings for the year=prior year retained earnings+net profit-dividends paid

prior year retained earnings $40,723

net profit is $36,500

dividends is $15,000

*retained earnings for the year=$40,723+$36,500-$15,000=$62223

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3 years ago

Check the ONE factor that is NOT used to determine the best channel to send a message. *

mihalych1998 [28]

Answer:

Concern of your audiences response.

Explanation:

Communication can be defined as a process which typically involves the transfer of information from one person (sender) to another (recipient), through the use of semiotics, symbols and signs that are mutually understood by both parties.

The Sender Message Channel Receiver (SMCR) model of communication was developed and created by David Berlo in 1960. SCMR was developed from the Shannon-Weaver model of communication of 1949.

The SCMR model of communication comprises of four (4) main components and these are;

1. Sender (S) : this is typically the source of information (message) or the originator of a message that is being sent to a receiver. Thus, they are simply the producer of a message.

2. Channel (C) : this is the medium used by the sender for the dissemination or transmission of the message to the recipient. For example, telephone, television, radio, newspapers, billboards etc.

3. Message (M) : this is the information or data that is being sent to a recipient by a sender. It could be in the form of a video, audio, text message etc.

4. Receiver (R) : this is typically the destination of information (message) or the recipient of a message that is being sent from a sender. Thus, the receiver is any individual who is able to read, hear or see and process the message being sent or communicated in the communication process.

The factors used to determine the best channel to send a message includes the following;

I. The importance of a message

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3 years ago

Vaughn Corporation has retained earnings of $706,100 at January 1, 2017. Net income during 2017 was $1,638,400, and cash dividen

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Answer: Please see below for answer

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Solution- Using items that increase retained earnings first before any deduction

Vaughn Corporation

Retained earnings statements

Ended December 31st, 2017.

Retained Earnings as Reported on January 1st $706,100

Correction for Overstatement of expenses $89.100

Retained earnings as adjusted = $795,200

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3 years ago

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3 years ago

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ZanzabumX [31]

Answer:

Unit less Labor Productivity:

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For Deluxe Cars=0.2 units/hour

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Explanation:

Unit less Labor Productivity Calculations:

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For limited Cars=0.2 units/hour

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