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
aivan3 [116]
3 years ago
6

Rick and Joe get together and start a mortgage brokerage business. They each contribute $25,000 of capital to the business. Afte

r the first year of operation, the total owners’ equity is listed as $60,000. Most likely, the additional $10,000 of owners’ equity is
a.common stock.
b.long-term liabilities.
c.current liabilities.
d.retained earnings.
e.a bank loan.
Business
1 answer:
bezimeni [28]3 years ago
7 0

Answer:

a.common stock.

Explanation:

The additional $10,000 of owners equity after listing on the stock market will be named as common stock. After listing company issues shares for capital investment in it. Common stock is the appropriate term used for every addition in the owners equity. So the correct option is a.common stock.

You might be interested in
In Mexico each unit of resource can produce either one professional computer or 3 computer games. Mexico has 30 units of this re
Anvisha [2.4K]

Answer:

Explanation:

From the information given:

(a)

The total production available for the professional computers at the time Mexico uses all resources for production = 30

The total production of computer games at this time = 3 × 30 = 90

Thus, from above, the production possibility curve can be seen in the image attached below.

(b)

The opportunity cost of one professional computer is three computer games. This because, for them to produce one more computer, it is required that they give up three computer games.

(c)

Yes, it is subject to Increasing.

This because the opportunity cost of 1 computer = 3 games

For two computers = 2 ×  3 games = 6 games

For three computers = 3 ×  3 games = 9 games  ... and so on.

(d)

Professional computer production is considered a Capital good.

(e)

Mexico should increase the production of professional computers because they help in more rapid economic growth.

4 0
3 years ago
With careful attention to controlling costs and quality, businesses can successfully satisfy consumers with a standardized produ
11111nata11111 [884]

Answer:

True (A)

Explanation:

Business can ensure  product standardization for different markets with careful attention to controlling cost and quality. Costs are inevitably in a business, however, they can be managed to the barest minimum.

6 0
3 years ago
Widden Company, which sells electric razors, had $320,000 of cost of goods sold during the month of June. The company projects a
butalik [34]

Answer:

Part A. The amount of purchases budgeted for July is calculated below:

Amount of purchases = Cost of goods sold + Closing inventory - Opening inventory  

Amount of purchases = ($320,000 x 1.09) + $34,000 - $33,000

Amount of purchases = $348,800 + $34,000 — $33,000

Amount of purchases = $349,800

Therefore, the amount of purchases budgeted for July is $349,800.

Part B. The amount of cash payments budgeted for inventory purchases in July is calculated below:

Amount of cash paid in July = Opening accounts receivable + 75% of purchases in July

Amount of cash paid in July = $37,000 + ($349,800 × 0.75)

Amount of cash paid in July = $37,000 + $262,350

Amount of cash paid in July = $299,350

Therefore, the amount of cash paid in July is $299,350.

8 0
3 years ago
Jana has spent the last year traveling to different operations for her company. She visited factories in Mexico and Thailand, a
Elodia [21]

The question is incomplete, in order to complete the sentence, it follows with the description, “Jana noticed that it seemed easy to convince people to work together for the good of the group. How would you characterize this trait?”

 

Based on the question above, Jana can be characterized as a collectivist by which is defined as a practice or principle of where an individual prioritizes other group than any or over any individuals.

4 0
3 years ago
A portfolio is made up of stocks a, b, c, and d in the proportion of 20%, 30%, 25%, and 25% respectively. the nondiversifiable r
kow [346]

The portfolio beta would simply be the summation of the weighted average of each beta.

Where weighted average of each beta is calculated as:

Stock weighted average = Stock proportion * Individual beta

Therefore,

Stock A beta weighted average = 0.2 * 0.4 = 0.08

Stock B beta weighted average = 0.3 * 1.2 = 0.36

Stock C beta weighted average = 0.25 * 2.5 = 0.625

Stock D beta weighted average = 0.25 * 1.75 = 0.4375

The summation of all betas yield the overall portfolio beta:

Portfolio beta = 0.08 + 0.36 + 0.625 + 0.4375

<span>Portfolio beta = 1.5025 ~ 1.5</span>

4 0
3 years ago
Other questions:
  • Q 6.26: Early in 2022, Baker Company switched to a JIT (just-in-time) inventory system. Financial information for the two most r
    7·1 answer
  • Which forces are part of the macro-environment?
    7·2 answers
  • The Ashwood Company has a long-term debt ratio of 0.50 and a current ratio of 1.60. Current liabilities are $970, sales are $5,1
    9·1 answer
  • PNW, LLC purchased equipment, a building, and land for one price of $6,050,500. The estimated fair values of the equipment, buil
    12·1 answer
  • Match each item (characteristics, assumptions, principles, and constraint guide the FASB when it creates accounting standards) w
    13·1 answer
  • Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the follo
    6·1 answer
  • The average cost associated with each additional dollar of financing for investment projects is:_________
    14·1 answer
  • The risk free rate currently have a return of 2.5% and the market risk premium is 5.77%. If a firm has a beta of 1.42, what is i
    5·1 answer
  • Review each of the following statements to determine which is correct regarding the importance of assessing a company's risk of
    10·1 answer
  • Which skills do business leaders rate as the most important for college graduates to possess?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!