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Molodets [167]
3 years ago
8

Mune Company recorded journal entries for the declaration of $250000 of dividends, the $160000 increase in accounts receivable f

or services rendered, and the purchase of equipment for $105000. What net effect do these entries have on stockholders’ equity?
a. Decrease of $355,000
b. Decrease of $195,000
c. Decrease of $90,000.
d. Increase of $55,000.
Business
1 answer:
kipiarov [429]3 years ago
5 0
Decrease of 90.000 thats whAT
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Answer:

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Explanation:

The formula to compute the return on investment is shown below:

Return on investment = Net income ÷ Investment

The preparation of the return on investment analysis is shown below:

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                                  Return on investment analysis

                            Numerator    ÷   Denominator  = Return on investment

Location A            $70,000       ÷   $500,000        = 14%

Location B            $44,000       ÷   $200,000        = 22%

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3 years ago
The following information pertains to Tara Co.'s accounts receivable on December 31, Year 4 Days outstanding Amount Estimated %
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Answer:

Explanation:

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4 years ago
Using the midpoint method, what is the price elasticity of supply from a price of $4.00 to a price of $4.50 per iced coffee?
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What is the primary role of individuals as participants in the money market?
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