1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GuDViN [60]
3 years ago
13

Ending assets for CompuHelp equals $650,000, and the beginning retained earnings was $325,000. If net income during the period w

as $225,000 and the cash dividends paid total $150,000, what is the ending liabilities (assume common stock is zero)?Ending liabilities will be $250,000
Business
1 answer:
stira [4]3 years ago
5 0

Answer:

It is $250,000

Explanation:

Ending retained earning = Retained earnings at the beginning+Income during the period-dividends paid

= $325,000+$225,000-$150,000

= $400,000

Ending liabilities = Total Assets- Ending retained earnings

                           = $650,000-$400,000

                           =$250,000

Using Accounting equation, All Assets= Total equity and liabilities

You might be interested in
One of the most important economic resources is money. <br> a. True <br> b. False
Elenna [48]
Yes one of the most important economic resources is money
4 0
3 years ago
Is the attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and contro
frez [133]

The correct answer is:  " management" .

____________________________

      "  <u>  Management  </u>  is the attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and controlling organizational resources. "

____________________________

An effective "mnemonic" for these 4 (four) components of management is:

"PLOC" ;  or more appropriate, in the order in which they occur:  "POLC" .

____________________________

Note that "organizational resources" include "data" (e.g. data management) ; as well as management of employees among various departments; hierarchies of management among departments;  supply chain marketing and management, and labor-management relations and human resources management.

Effective management skills include:  conceptual skills, technical skills, and human skills.

____________________________

4 0
3 years ago
Sharon purchases two products, X and Y, with a given fixed budget. The marginal utility she receives from the last unit of X she
Elanso [62]

Answer:

A) is maximizing her total utility from the given fixed budget.

Explanation:

The equal marginal principle refers to the principle in which the consumer would select that combination of goods which maximise its total utility. It could be selected by having marginal utility and its price

And for profit maximization, the marginal utility and the price is equivalent to both the goods.

i.e

\frac{MU_X}{P_X} = \frac{MU_Y}{P_Y}

\frac{60}{2} = \frac{30}{1}

30 = 30

Hence, the correct option is a.

5 0
3 years ago
Given the following information, calculate the total amount of annual operating expenses for this income-producing property: min
stira [4]

Answer:

$100,000

Explanation:

Operating expenses refers to the expenses incurred by the firm at the time of starting the business.

Total amount of annual operating expenses for this income-producing property:

= minor roof repairs + property taxes + maintenance + janitorial + security

= $20,000 + $30,000 + $25,000 + $15,000 + $10,000

= $100,000

8 0
3 years ago
What decision rule should be followed when deciding if a business segment should be eliminated?
dusya [7]
Here is the answer of the given question above. The decision rule that should be followed when deciding if a business segment should be eliminated is this: Segments with revenues which are less than avoidable expenses should be considered for elimination. <span>Unavoidable expense are those expense which will continue to be incurred whether segment is continued or discontinued. Hope this helps.</span>
5 0
2 years ago
Read 2 more answers
Other questions:
  • Muriel buys a $2,000 savings bond with a 4% coupon and 20 years to maturity. How much interest will she earn over the life of th
    15·1 answer
  • When do children develop their eating habits and physical activity patterns?
    10·1 answer
  • What tendency is most likely manifest in the following situation? An engagement team performed a substantive analytical procedur
    15·1 answer
  • At the luxury hotel in miami, florida, three hotel employees serve the needs of each guest. in every room, a guest can summon a
    15·1 answer
  • Shawn went to a restaurant where the beer was mediocre and the place was run-down. The restaurant was out of many of its more po
    6·1 answer
  • 1. Rosa Green estimates the cost of future projects for a large contracting firm. Rosa uses precisely the same techniques to est
    13·1 answer
  • On August 31,the balance sheet of La Brava Veterinary Clinic showed cash $9,000,Account receivable$1700,supplies $600,equipments
    12·2 answers
  • Summer Nights sells bottles of bug spray for $ 9.00 each. Variable costs are $ 4.00 per​ bottle, while fixed costs are $ 40 comm
    7·1 answer
  • Help quick!
    8·2 answers
  • Enlightened marketing calls for building long-run consumer engagement, loyalty, and relationships by continually improving the b
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!