1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Solnce55 [7]
3 years ago
15

Apex Systems Co. offers its services to residents in the Seattle area. Selected accounts from the ledger of Apex Systems Co. for

the fiscal year ended December 31, 2016, are as follows:
Bart Nesbit, Capital

Dec. 31 91,200 Jan. 1 (2016) 1,340,000

Dec. 31 356,000

Bart Nesbit, Drawing

Mar. 31 22,800 Dec. 31 91,200

June 30 22,800

Sept. 30 22,800

Dec. 31 22,800

Income Summary

Dec. 31 1,437,000 Dec. 31 1,793,000

Dec. 31 356,000


Prepare a statement of owner’s equity for the year. No additional investments were made during the year. If a net loss has been incurred or there has been a decrease in owner’s equity, enter that amount as a negative number using a minus sign. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries.
Business
1 answer:
AfilCa [17]3 years ago
6 0

Answer:

Explanation:

The preparation of the statement of stockholders' equity at the end of the year is presented below:

                                          Apex Systems Co.

                             Statement of stockholders' equity  

                            For the fiscal year ended December 31, 2016

Particulars                  Common Stock          

Beginning

Balance                      $1,340,000

Add: Net income       $356,000    

Less:

Bart Nesbit, Drawing  -$91,200

Ending balance          $1,604,800                

                       

You might be interested in
All of the following are forms of cognitive bias except:_____.
Alecsey [184]

Answer:

Option C would be the correct answer.

Explanation:

Throughout objective reasoning, cognitive bias seems to be a weakness that has been triggered by that of the human brain's propensity to interpret knowledge through a prism of individual perspective including interests. The types of cognitive bias but for the remaining change.  

The types of cognitive bias are almost as follows:

  • Overconfidence bias
  • Confirmation bias
  • Halo effect
  • Anchoring bias

The latter considerations provided are not closely linked to the case provided. So, the answer above is the right one.

6 0
3 years ago
Shen purchased corporate stock for $20,000 on april 10, 2015. on july 14, 2017, when the stock was worth $12,000, shen died and
Alinara [238K]
Mijo made $2,200 profit. The initial investment had nothing to do with him therefore it is not considered his loss because the initial investment did not belong to him. Once he inherited the stock at $12,000 his personal profit/loss began to occur. Also the character of the profit would be not a fixed remuneration becauae of the flux of the markets, fees, etc.
4 0
3 years ago
Neo-mercantilists equate political power with economic power and economic power with:______a. corruption.b. a balance-of-trade s
butalik [34]

Answer: balance of trade surplus

Explanation:

Neomercantilism is a policy regime whereby export was encouraged while import was, discouraged. It also controls capital movement, and advocatee for currency decisions to be a government decision.

Neo-mercantilists equate political power with economic power and economic power with balance of trade surplus which is when the value of exports are more than that of imports.

7 0
3 years ago
Fred is a new employee who has been assigned to your team. This is the first time Fred has worked in your country. Aware that he
kotykmax [81]

Answer:

4.Teach Fred about how decisions are made and communicated, as well as how conflict is handled.

Explanation:

Cultural differences are an important topic when it comes to adjusting to a new workplace. However, no matter how much the new employee knows about a specific culture, it is up to the manager or team leader to help him adjust.

The most effective way to help him is by teaching him <em>how decisions are made and conflict is handled</em>, in a straightforward manner. Since Fred is working in a team and not individually, it is essential for him to learn the basics of conflict management, as conflict handling varies immensely from country to country.

The same is applicable for decision making. He could not know the decision making practice in his new environment upfront. Some environments may encourage a more liberal way of making decisions, while some propose a strict protocol when it comes to making even the most trivial decisions.

Of course, checking him periodically and making sure he knows you're there for him are practices that can do only good. However, they are not critical for the issue.

4 0
3 years ago
Security Analysts that have evaluated Concordia Corporation, have determined that there is a 15% chance that the firm will gener
dexar [7]

Answer:

3.17

Explanation:

Expected earnings per share = (15%x2.40)+(60%x3.10)+(25%x3.80)

4 0
3 years ago
Other questions:
  • Which subject line will likely result in grabbing readers' attention? a.Carpool and Vanpool Opportunity b.Our Sustainability Eff
    7·1 answer
  • At January 1, 2020, Culver Inc. had accounts receivable of $69,000. At December 31, 2020, accounts receivable is $54,000. Sales
    14·1 answer
  • The current period statement of cash flows includes the flowing: Cash balance at the beginning of the period $310,000 Cash provi
    14·1 answer
  • What protocol, developed by Netscape in 1994, is designed to create an encrypted data path between a client and server that coul
    10·2 answers
  • All of the following can change the supply curve EXCEPT: A. the cost of labor. a change in consumer tastes for the product. B. t
    6·2 answers
  • Ano naman ang sa mga anak ang mapapangako sa magulang?​
    12·2 answers
  • Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers? Select two answe
    7·2 answers
  • Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note,
    10·1 answer
  • Name four sources of grants for new and existing Irish firms or any firm
    14·1 answer
  • Beginning in 2001, one of the goals of the war in afghanistan was to use force to seize oil supplies. contain the spread of comm
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!