Answer:
b. $ 36,000
Explanation:
The fundamental accounting equation is
Assets = Liabilities + Stockholders Equity
Per the data provided in the question regarding changes in account balances
$ 356,000 = $108,000 + (240,000+24,000)
$ 356,000 = $ 372,000
= - ($ 14,000)
Since the data provides that a dividend payment of $ 52,000 has been made, we have to add it to our differential balance to get the income for the year.
$ - 14,000 + $ 52,000 = $ 36,000
Answer:
Probably country Y had a comparative advantage over country X in the production of widgets, therefore trade resulted between the countries and it increased the gains for both countries.
Country Y will probably continue to produce and export widgets and country X will be producing and possibly exporting some other good.
Answer:
Originally pay for the stock = $8
Explanation:
Given:
Total return = 62.5%
Value of stock (after 1 year) = $12
Dividend during the year = $1
Originally pay for the stock = ?
Computation:
![Total\ return = [\frac{Dividend + (Value\ of\ stock\ after\ 1\ year - Purchase\ Value)}{Purchase\ Value} ]\times 100](https://tex.z-dn.net/?f=Total%5C%20return%20%3D%20%5B%5Cfrac%7BDividend%20%2B%20%28Value%5C%20of%5C%20stock%5C%20after%5C%201%5C%20year%20-%20Purchase%5C%20Value%29%7D%7BPurchase%5C%20Value%7D%20%5D%5Ctimes%20100)
![62.5 = [\frac{1 + (12 - Purchase\ Value)}{Purchase\ Value} ]\times 100\\\\0.625 Purchase\ Value = 1 + 12 - Purchase\ Value\\\\1.625 Purchase\ Value = 13\\\\Purchase\ Value = 8](https://tex.z-dn.net/?f=62.5%20%3D%20%5B%5Cfrac%7B1%20%2B%20%2812%20-%20Purchase%5C%20Value%29%7D%7BPurchase%5C%20Value%7D%20%5D%5Ctimes%20100%5C%5C%5C%5C0.625%20Purchase%5C%20Value%20%3D%201%20%2B%2012%20-%20Purchase%5C%20Value%5C%5C%5C%5C1.625%20Purchase%5C%20Value%20%3D%2013%5C%5C%5C%5CPurchase%5C%20Value%20%3D%208)
Originally pay for the stock = $8
Answer:
a) Providing information that managers need to make operational decisions
Explanation:
Managerial accounting: Managerial accounting focuses on internal users. It works internally instead of externally. The aim of managerial accounting is to see the internal performance of the business organization.
All the processes, departments, projects are run in a smooth manner is checked by the internal managers which help them to make ethical decisions that help to achieve the organizational objectives.
Hence, the correct option is a.
