Answer:
cash dividends: 3,000
Explanation:
We can solve for cash dividends based on how the equity method works:
Beginning investing
+ proportional net income
<u>- cash dividends received </u>
Ending investing
beginning + inomce - dividends = ending
10,000 + 4,000 - cash dividends = 11,000
cash dividends= 14,000 - 11,000
cash dividends = 3,000
when received, the journal entry for the dividends was as follow:
cash 3,000 debit
investing 3,000 credit
to record cash received from investment
Answer:
form utility
Explanation:
Form utility refers to how well the products or services that are provided by the company fit in to customers' current need.
Since companies have to cater to different variety of customers with their own needs and personalities, it is impossible for companies to fulfill the form utility of all customers.
This utility fall to the hands of the customers. Customers need to evaluate the features that offered by the products and choose wisely based on their personal needs. This is why this utility is not directly related to marketing that conducted by the company. It's completely based on personal circumstances.
Answer:
$420,000
Explanation:
According to the question for computation of total stockholders' equity first we need to find out the addition to retained earning during 2019 which is shown below:-
Addition to retained earnings during 2019 = Net income - Cash dividend - Stock dividend
= $40,000 - $8,000 - $10,000
= $22,000
Total stockholders equity at December 31, 2019 = Stockholders equity, December 31, 2018 + Addition to retained earnings during 2019 + Stock dividend + Issue of new common stock - Purchase of Treasury stock
= $340,000 + $22,000 + $10,000 + $60,000 - $12,000
= $432,000 - $12,000
= $420,000
Answer:
present worth A: 513,821.51
present worth B: 431,013.1
<u><em>We should choose option B as the present worth is lower.</em></u>
<u><em>the IRR cannot be calculated </em></u>when all teh cashflow are negative as it the rate which makes the present value equal to zero. that means it will discount either the negative or postive subsequent cashflow to match an initial of the opposite sign.
Explanation:
For the intenal rate of return we must look for which rate makes the cost equal to zero.
For the opportunity cost, we solve for the present value of eahc discounted at the given rate of 9%
<em>Method A</em>
discount rate 0.09
# Cashflow Discounted
0 300000 300000
1 66000 60550.46
2 66000 55550.88
3 66000 50964.11
4 66000 46756.06
NPV 513821.51
<em>Method B</em>
# Cashflow Discounted
0 120000 120000
1 96000 88073.39
2 96000 80801.28
3 96000 74129.61
4 96000 68008.82
NPV 431013.1
Answer:
Explanation:
The plumber must first be licensed under F.S. 475, Part II. Persons appointed by a court of law to perform real estate services are exempt from real estate licensing requirements when employed by government agencies, railroads, rural electric cooperatives, or public utilities.
