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Lubov Fominskaja [6]
3 years ago
15

I need to figure out the owners equity ! HELP

Business
1 answer:
motikmotik3 years ago
4 0

Owners equity is $82365 - $70500 which gives $11365. Therefore when you add $70500 + $11365, this would give $82365.

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Company A has been experiencing lost sales and high returns recently, so they have decided to undertake a comprehensive quality
Ne4ueva [31]

Answer:

Explanation:

Incremental cost

Inspection cost prior to shipment - 45,000

Upgrading of equipment - 400,000

Incremental benefit - 25,000

The incremental cost of improving quality far outweigh the incremental benefit

Even though loss of profit was avoided by retaining existing customers , yet the quality improvement program dies not guarantee additional customers and profit to write off or reduce  the incremental cost .

Therefor , it is not advisable fort the company to go on with the quality program.

6 0
3 years ago
A computer equipment was acquired at the beginning of the year at a cost of $56,000 with an estimated residual value of $5,000,
Tju [1.3M]

Answer:

=$25,400

Explanation:

The cost of the compute was $56,000

The residual value was 5000

Useful life is 5 years

Using the straight-line depreciation method, book value after three years will be

The depreciable amount will be the asset cost value - residual value

= $56,000 - $5000

= $51,000

The depreciation rate will be 1/5 year x 100 = 20%

depreciation per year will be 20% x 51,000

= 20/100 x 51,000

=$10,200

Depreciation for three years will be $10,200 x 3= $30,600

The book value after 3 years :

Book value = original cost - accumulated depreciation

= $56,000 - $30,600

=$25,400

5 0
3 years ago
Read 2 more answers
The reuse of one's previously published material in a new journal article is most appropriate if:
saveliy_v [14]
It's appropriate if it's cited and used as an example or prompt.
6 0
3 years ago
Molly liquidates her catering business. She is left with $20,000 after selling all the assets and settling the liabilities. In t
Firdavs [7]

Answer:

In this case, the amount of $20,000 represents the owner's equity.

Explanation:

Assets:

Assets are the items that are own by a business. Examples of assets are inventory, machinery, company owned vehicles etc.

Liabilities:

Liabilities are the items a business owes to others. Examples of liabilities are bank dept, taxes, mortgage debt etc.

Equity:

Owner's equity is also known as net assets refer to the owner share of assets when the liabilities are paid off.

The relation between Assets, liabilities and owner equity are represented in a equation as:

Assets = Liabilities + Owner Equity

8 0
3 years ago
The option of sticking with the current business lineup makes sense when
Mashutka [201]

Answer:

The correct answer is c. the company's present businesses offer attractive growth opportunities and can be counted on to generate good earnings and cash flows for shareholders.

Explanation:

A commercial line of products refers to products that are related to each other by some condition such as price, use or distribution. If, after evaluating the market, it is found that these products have a high growth potential, the best thing would be to continue betting on them within a reasonable period of time to reach a considerable level of sales. These products can in some way motivate the sale of others and therefore generate profits in the medium or short term for the shareholders.

4 0
3 years ago
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