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Debora [2.8K]
3 years ago
9

A company's assets are in May are $188,000 and June $244,000 and the liabilities are $122,000 in May and $88,000 in June.

Business
1 answer:
Snowcat [4.5K]3 years ago
5 0

Answer:

a. $82,500

b. $103,000

c. $88,000

Explanation:

We know that

Total assets = Total liabilities + stockholder equity

And the assets and liabilities of May and June are given

So For May

The stockholder equity would be

= $188,000 - $122,000

= $66,000

And for June

The stockholder equity would be

= $244,000 - $88,000

= $156,000

So net increase would be

= $156,000 - $66,000

= $90,000

a. The stock is issued for $7,500

So, the net income would be

= $90,000 - $7,500

= $82,500

b. The cash dividend is paid for $13,000

So, the net income would be

= $90,000 + $13,000

= $103,000

c. Common stock is issued for $20,000 and cash dividend is paid for $18,000

So, the net income would be

= $90,000 - $20,000 + $18,000

= $88,000

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Answer:

False.

Explanation:

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So, Individual culture traits combine to form the next level – culture complexes.

And culture complexes combine to form larger levels called culture patterns. These patterns form important components of a society’s culture.

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3 years ago
__________ unemployment refers to persons who purposefully quit their jobs and have not yet found a new job.
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It would be frictional unemployment
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A company's ____________ is the percentage of the total target market for the product that belongs to the company.
ikadub [295]

Answer:

B. market share

Explanation:

Market share is the percentage of consumers that a company has captured from its specific, desired market within an industry.

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3 years ago
Read 2 more answers
The winner of the first annual Tom Morris Golf Invitational won $115 in the competition which was held in 1901. In 2015, the win
pickupchik [31]

Answer:

$31,920,341.91

Explanation:

The computation is shown below:

For computing the receiving amount in 2052 first we have to determine the rate which is shown below:

Current value = Initial value × (1 + interest rate)^time period

$1,480,000 = $115 × (1 + interest rate)^114

So, after solving this, the interest rate is 8.654%

Now the received amount in 2052 is

= $1,480,000 × (1 + 0.8654%)^37

= $31,920,341.91

The time period is come from

= 2015 - 1901

= 114

And, the 37 years is come from

= 2052 - 2015

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Consider the following game in which two firms decide how much of a homogeneous good to produce. The annual profit payoffs for e
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Answer:

Consider the following explanation

Explanation:

Context

Game theory involves two players. They have more than one option to decide. Pay off from each options adopted by two players are available. They have to select a strategy which will maximize their own return. But for optimizing their decision, they have to consider the action of his rival.

In this problem, two players are firm A and firm B. They have two strategies low output and high output. The strategies of firm a are measured in rows and for firm B in columns. They have to select a strategy which will maximize their payy off. Each cell has two pay offs. First one is for Firm A and second one is for firm B.

1. Dominant strategy is a strategy which will always give higher payoffs in comparison with pay off of other strategies. Consider first strategy of firm 1. If it adopts strategy of low output, then firm 2 can also adopt either strategy of low output or high output. In that case pay off of firm 1 will be 300 or 200.

Alteratively if firm 1 adopts high output then pay offs are 200 or 75. 200 is earned if firm B also go for low productivity. It is 75 if firm B adopts high productivity.

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5 0
3 years ago
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