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GuDViN [60]
4 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]4 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

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Find the value of C, which makes the following two cash flow series equivalent. Assume that the market interest rate is 6% per y
Svetradugi [14.3K]

Answer:

Find attached complete question.

$ 750.10  

Explanation:

In order to ascertain the value of C ,we need to equate the present value of the two streams of cash flows to each other as follows:

first stream:

$400/(1+6%)^1+$400/(1+6%)^2+$125/(1+6%)^3+$400/(1+6%)^4+$400/(1+6%)^5+$125/(1+6%)^6+$400/(1+6%)^7=$1,808.19  

Second stream:

C/(1+6%)^1+C/(1+6%)^2-$250/(1+6%)^3-$250/(1+6%)^4-$250/(1+6%)^5+C/(1+6%)^6+C/(1+6%)^7

-$250/(1+6%)^3-$250/(1+6%)^4-$250/(1+6%)^5=-$594.74

C/(1+6%)^1+C/(1+6%)^2+C/(1+6%)^6+C/(1+6%)^7=C/0.9434+C/0.8900+C/ 0.7050+C/ 0.6651  

simplification

C/0.9434+C/0.8900+C/ 0.7050+C/ 0.6651=C/(0.9434+0.8900+0.7050+0.6651)= 0.31216C

All in all:

$1,808.19 =-$594.74+ 0.31216C

$1,808.19+$594.74= 0.31216C

$2402.93 = 0.31216C

C=$2402.93* 0.31216  =$ 750.10  

5 0
3 years ago
Which of the following are reasons to form a corporation? *
telo118 [61]

Answer:

More resources, less responsibility

5 0
3 years ago
Company A sells paper coffee cups to all Caribou Coffee locations in the US. Company B sells dinner plates to Applebee’s. Compan
Vladimir79 [104]

Answer:

Company A and Company B

Determination of annual revenue:

a) The information needed to determine which company has higher annual revenue include:

i) The annual quantities of packs of paper coffee cups sold to the Caribou Coffee locations in the US for a number of years.

ii) The annual quantities of dinner plates sold to Applebee's for the same years as above.

b) The annual revenues can be calculated by multiplying the price for a pack of 100 cups by the annual quantity sold.

Explanation:

Revenue is a function of price and quantity sold.  The price is unit selling price and the quantity depends on the period for which revenue is being computed.

Revenue is the earnings from the sale of goods and services.  The excess of revenue over cost of sales gives the gross profit, from which expenses would be deducted to arrive at net income after adding other incomes from non-operational activities.

3 0
4 years ago
Modern quality management approaches recognize the importance that quality: Group of answer choices Is planned, built, and inspe
lutik1710 [3]

Answer:

Processes and activities of the performing organization that determine quality policies, objectives and responsibilities so the project will satisfy the needs for which it was undertaken.

Uses policies and procedures to implement, the organization's quality management system and it supports continuous process improvement activities as undertaken on behalf of the performing organization. It works to ensure that the project requirements, including product requirements are met and validated.

Addresses the management of the project and the deliverables of the project. Applies to all projects, regardless of the nature of their deliverables. Quality measures and techniques are specific to the type of deliverables being produced by the project.

For example, software deliverables may use different approaches and measures vs building a nuclear power plant. In either case, failure to meet the quality requirements can have serious, negative consequences for any or all of the project's stakeholders.

Meeting customer requirements by overworking the project team may result in increased profits and increased project risks, employee attrition, errors, or rework

Meeting project schedule objectives by rushing planned quality inspections may result in undetected errors, decreased profits, and increased post-implementation risks

Explanation:

Processes and activities of the performing organization that determine quality policies, objectives and responsibilities so the project will satisfy the needs for which it was undertaken.

Uses policies and procedures to implement, the organization's quality management system and it supports continuous process improvement activities as undertaken on behalf of the performing organization. It works to ensure that the project requirements, including product requirements are met and validated.

Addresses the management of the project and the deliverables of the project. Applies to all projects, regardless of the nature of their deliverables. Quality measures and techniques are specific to the type of deliverables being produced by the project.

For example, software deliverables may use different approaches and measures vs building a nuclear power plant. In either case, failure to meet the quality requirements can have serious, negative consequences for any or all of the project's stakeholders.

Meeting customer requirements by overworking the project team may result in increased profits and increased project risks, employee attrition, errors, or rework

Meeting project schedule objectives by rushing planned quality inspections may result in undetected errors, decreased profits, and increased post-implementation risks

4 0
3 years ago
Your team consists of 12 members, each in different locations, who are collaborating on a detailed committee report. Your team i
elena-14-01-66 [18.8K]

Answer: A. Google Docs

Explanation:

Google Docs will be the best solution in this case because it is a cloud computing tool that enables people to work on a document simultaneously across the world. As others are working on the documents, the saves that they make are instantly saved on the document and reflected across all users who have access to the document at the time.

7 0
4 years ago
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