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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

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Which countries were involved in the central powers alliance.
kirza4 [7]
Germany, Austria-Hungary, Ottoman Empire and Bulgaria.
7 0
3 years ago
Which of the following is not included in GDP?the payments for a chiropractor's servicescash income paid to a day laborer that i
Scilla [17]

Answer:

cash income paid to a day laborer that is not reported to the tax authorities

Explanation:

GDP stands for Gross domestic product. It is the  monetary value of all finished goods and services made within a country during a specific period.

It is calculated as GDP = private consumption + gross investment + government investment + government spending + (exports – imports).

Hence, cash income paid to a day laborer that is not reported to the tax authorities will not be included in GDP

8 0
3 years ago
C&A sells T-shirts for $20 that cost $5 to produce. The annual holding cost percentage is 10% and the T-shirts turn 25 times
Angelina_Jolie [31]

Answer:

B. $0.02

Explanation:

The computation is shown below:

Since the annual holding cost percentage is 10% and the cost of production is $5. So, the holding cost would be

= $5 × 10%

= 0.5

Now if the t-shirts run 25 times a year, so the holding cost would be

= 0.5 ÷ 25 times

= $0.02

Simply we compute the holding cost based on number of times the t-shirt turns in a year

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
The employees at Violet Inc. are required to complete their work and leave the office premises by 6:00 p.m. Team outings are org
earnstyle [38]

Answer: Norms

Explanation:

According to the given scenario, the violet Inc are basically organized the team outing every month for their employees and the company are expected from every employee to be present in the outing.

The given scenario is basically exemplifies the norms as it refers to the attitude and also the behavior. The norms is one of the social values that helps for developing the personality and the human behavior.

Norms is basically defined the standards or the rules for the human on the basis of their attitude and behavior.        

  Therefore, Norms is the correct answer.

4 0
3 years ago
Please answer this!!! Can someone get traced and arrested for taking money out of someone else’s bank electronically account wit
Marysya12 [62]

Answer:

yes

Explanation:

cause you still did fraud

3 0
3 years ago
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