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strojnjashka [21]
3 years ago
5

12. At the beginning of 2016, Yiwang PLC had assets of ¥540,000 and liabilities of ¥320,000. During the year, assets increased b

y ¥50,000 and liabilities decreased by ¥10,000. What was the total amount of stockholders' equity at the end of 2016?
Business
1 answer:
GrogVix [38]3 years ago
7 0

Answer:

¥280,000

Explanation:

In this question, we applied the accounting equation which is presented below:

Total assets = Total liabilities + Shareholder equity

where,

Total assets =  ¥540,000 +  ¥50,000 =  ¥590,000

Total liabilities =  ¥320,000 -  ¥10,000 =  ¥310,000

So, the total  amount of stockholders' equity would be

= ¥590,000 - ¥310,000

= ¥280,000

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kati45 [8]

Answer:

The answer is 16 years.

Explanation:

The formula for calculating the value of an investment that is compounded annually is given by:

V(n)=(1+R)^nP

Where:

n is the number of years the investment is compounded,

R is the annual interest rate,

P is the principal investment.

We know the following:

25000=(1+0.06)^n \times 10000

And we want to clear the value <em>n</em> from the equation.

The problem can be resolved as follows.

<u>First step:</u> divide each member of the equation by 10,000:

\frac{ 25000}{10000}=(1+0.06)^n \times \frac{ 10000}{10000}

2.5=(1.06)^n

<u>Second step:</u> apply logarithms to both members of the equation:

log(2.5)=log (1.06)^n

<u>Third step:</u> apply the logarithmic property logA^n=n.logA in the second member of the equation:

log(2.5)=n.log (1.06)

Fourth step: divide both members of the equation by log1.06

\frac{log(2.50)}{log (1.06)} =n

n= 15.7252

We can round up the number and conclude that it will take 16 years for $10,000 invested today in bonds that pay 6% interest compounded annually, to grow to $25,000.

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3 years ago
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artcher [175]

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The marginal propensity to consume is 0.75 and the economy is operating at full-employment real GDP at $510 billion. If a $20 bi
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Answer:

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Explanation:

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