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3 years ago

Based on the balance sheet for April, offer two ways in which Janet and Omar can increase their owner

Business

1 answer:

seropon [69]3 years ago

5 0

Answer:

Hie your question has incomplete information

However, Owners Equity can be increased through the following ways,

Increasing Revenue and Income Related Items from the Company operations.

This entails increasing product prices
Also increasing production and sales quantities

Reducing Overhead Costs

Cutting on some expenses
Outsourcing if this gives a cost advantage
Utilizing Spare Capacity

Increasing Assets

This increases returns from operations

Reducing Borrowings

This reduces the finance charges

Explanation:

The Above are ways to increase owners equity.

You might be interested in

Luther Industries currently has 5 million shares outstanding and its stock is currently trading at $40 per share. Assuming Luthe

aliya0001 [1]

Answer:

The Luther's new share price is closest to $16

Explanation:

For computing the new share in case of the stock split, first we have to find out the value of total share which is shown below:

Value of share = Outstanding number of shares × price per share

= 5,000,000 × $40

= 200,000,000

Now we find out the outstanding shares after the stock split which equal to

= Value of share × stock split ratio

=5,000,000 × 5 ÷ 2

= 12,500,000

Then, compute the new share price which is equal to

= Value of shares ÷ stock split outstanding shares

= 200,000,000 ÷ 12,500,000

= $16

Hence, Luther's new share price is closest to $16

6 0

4 years ago

Selected financial data regarding current assets and current liabilities for two competing companies, Simon and Garfunkel, are p

Akimi4 [234]

Answer:

Please find the detailed answer in the explanation section

Explanation:

1. Current ratio = Curren assets / Curren liabilities.

For Simon:

Current assets are:

Cash and cash equivalents $ 620

Short-term investments $3,690

Net receivables $992

Inventory $510

Other current assets $335

Total current assets $6,147

Current liabilities are:

Accounts payable $7,220

Short-term debt $1,270

Other current liabilities. $0

Total current liabilities $8,490

So current asset is $6,147/$8,490

0.72:1

For Garfunkel:

Current assets are:

Cash and cash equivalents $2,920

Short-term investments $0

Net receivables $1,330

Inventory $203

Other current assets $477

Total current assets $4,930

Current liabilities are:

Accounts payable $4,285

Short-term debt $1,028

Other current liabilities. $1,306

Total current liabilities $6,619

So current asset is $4,930/$6,619

0.74:1

1b Simon current asset is 0.72 while Garfunkel's own is 0.74

Therefore Garfunkel with 0.74 has a better current ratio

2a. Acid-test ratio = total current assets minus Inventory / total current liabilities

For Simon:

($6,147 - $510) / $8,490

=0.66:1

For Garfunkel:

($4,930 - $203) / $6,619

=0.71:1

2b. Garfunkel with 0.71 has a better acid-test ratio

6 0

3 years ago

The annual premium for a $15 comma 000 insurance policy against the theft of a painting is $300. If the (empirical) probabili

Korvikt [17]

Answer:

-$150

Explanation:

The computation of the expected return from the insurance company is shown below:

= Annual premium × probability of the stolen painting - 1 × theft of painting

= $15,000 × 0.01 - 1 × $300

= $150 - $300

= -$150

By multiplying annual premium with the probability of the stolen painting and then substracted theft of painting so that we can get to know the expected return and the same is to be considered

8 0

4 years ago

Coercive Acts Committees of Correspondence direct tax Indirect tax A. colonial extralegal shadow governments that convened to co

saw5 [17]

Answer:

I believe that two different questions have been mixed into one:

Coercive acts:

B) Set of 4 <u>ACTS</u> passed by Lord North to punish Massachusetts for destroying the tea and refusing to pay for the damage: THEY INCLUDED ADMINISTRATION OF JUSTICE ACT, MASSACHUSETTS GOVERNMENT ACT, PORT BILL AND THE QUARTERING ACT

Committees of Correspondence:

A) colonial extralegal shadow governments that convened to coordinate plans of resistance against the British

Explanation:

Massachusetts was the only colony that elected their own leaders since its charter allowed them more freedom than any other colony. After the Boston Tea Party, the British parliament decided to punish Massachusetts by sending their own governor and establishes severe penalties and laws. In a practical sense, the governor only ruled in Boston because the British were there, but the rest of Massachusetts remained extremely pro-independence and basically ruled itself as it had before.

5 0

3 years ago

Trans Union Corporation issued 6,800 shares for $50 per share in the current year, and it issued 11,800 shares for $37 per share

oee [108]

Answer and Explanation:

The impact of the transactions on the financial statement are as follows

1. In case of Sold 5,000 Shares:

The total Assets Increased by $250,000 i.e (5,000 × $25) as it increased the cash balance

Total Liabilities = No Change

Total Stockholders Equity = Increased by $250,000 as it increased the overall equity

Net Income = No Change.

2. In case of sale of 10,000 shares

The total Assets Increased by $370,000 i.e (10,000 × $37) as it increased the cash balance

Total Liabilities = No Change

Total Stockholders Equity = Increased by $370,000 as it increased the overall equity

Net Income = No Change.

3. In case of Purchased 20,000 of Treasury Stock

The Total Assets Decreased by $900,000 i.e (20,000 × $45) as it reduced the cash balance

Total Liabilities = No Change

Total Stockholders Equity Decreased by $900,000 as it decreased the overall equity

Net Income = No Change.

Note:

The number of shares given i.e 6,800, 11,800 and 21,800 are incorrect use the 5,000 shares, 10,000 shares and 20,000 shares and we did the computation accordingly

7 0

4 years ago