Answer:
Owner's equity at the end = $43920
Explanation:
Given below is the informations:
Begining equity = $50630
Net income = $6850
Dividend paid = $4630
Repurchased = $8930
Below is the calculation for the owner's equity at the end.
Owner's equity at the end = Begining equity + Retained earning - Repurchased
Retained earning = 6850 - 4630 = 2220
Owner's equity at the end = 50630 + 2220 - 8930
Owner's equity at the end = $43920
Answer:
$74,16
Explanation:
Note : I have attached the full question as images below !
Price Earning ratio = Price per share ÷ Earnings per share
= $24
Where,
Earnings per share = Earnings attributable to Common Stock holders ÷ Weighted Average Number of Common Stock Outstanding
therefore,
Earnings per share = $1,640 ÷ 530 = $3.09
so,
Market Price per share = Price Earning ratio x Earnings per share
Market Price per share = $24 x $3.09
= $74,16
Answer:
integrated marketing communications
Explanation:
integrated marketing communications involves the use ofmany different channels by businesses to deliver a clear and consistent message.
All marketing tools, approaches and resources are used to maximise impact on the mind of the consumer, while focusing on reducing cost.
Right major tools of intergrated marketing communication are advertising, sales promotion, personal selling, public relations, direct marketing, events and experiences, social media marketing, and mobile marketing.
Answer:
The journal entry is given below:
Explanation:
Date Description Debit ($) Credit ($)
Dec 1 Cash 20,000
Accounts Receivable $(145000-5000)(1) 140,000
Merchandise Inventory* 101,700
Equipment** 81,200
Allowance for doubtful accounts 4,400
Payne, Capital 338,500
Note: 1) Since $5,000 of accounts receivables are irrecoverable, therefore, it is an expense, which decreases the accounts receivables amount.
* Merchandise inventory to be valued at a current year's ending price
** For partnership journal purpose, equipment is to be valued at net book value price rather than cost price.
Therefore, Payment's investment is $338,500.