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QveST [7]
3 years ago
12

Bleu Berri Farms had equity of $58,900 at the beginning of the year. During the year, the company earned net income of $8,200 an

d paid $2,500 in dividends. Also during the year, the company repurchased $3,500 of stock from one of its shareholders. What is the value of the owners' equity at year end?
Business
1 answer:
Fittoniya [83]3 years ago
8 0

Answer:

Owner's equity at year end would be $61,100

Explanation:

$58,900(Beginning equity) + $8,200 (Net income increases owner's equity) - $2,500 (This is paid out of retained earnings/owner's equity) - $3,500 ( A repurchase of stocks reduced owner's equity as cash would have been given to the shareholder for their equity) = $61,100

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Factor Weight A B C
nexus9112 [7]

Answer and Explanation:

The composite score for each location is as follows;

The Composite score for Location A is

= 85 × 0.15 + 70 × 0.2 + 87 × 0.18  + 0.27 × 95 + 86 × 0.1 + 88 × 0.1

= 85.7

= 86

The Composite score for Location B is

= 85 × 0.15 + 91 × 0.2 + 97 × 0.18 + 90 × 0.27 + 90 × 0.1 + 0.1 ×92

= 90.91

= 91

The Composite score for Location C is

= 82 × 0.15 + 91 × 0.2 + 90 × 0.18 + 92 × 0.27 + 97 × 0.1 + 0.1 ×84

= 89.64

= 90

5 0
2 years ago
The following lots of Commodity P were available for sale during the year. Use this information to answer the question. Beginnin
Simora [160]

Answer:The answer is $1,256

Explanation:

Date. Qty. Price. Value. Qty. Price. Value. Qty. Value

$ $ $ $ $

15. 63. 945. - - - 15. 945

10. 74. 740. - - - 25. 1,685

10. 77. 770. - - - 35. 2,455

Beginning inventory = 5×61 = $305

Ending inventory = 20 × 77 =$1,504

Purchase = $2,465

To calculate the cost of good sold

Beginning inventory + Purchase - Ending inventory = Cost of good sold

= 305 + 2,455 - 1,504 = 1,256

The cost of good sold =$1,256

5 0
3 years ago
A shortage of qualified personnel is one of the main reason that companies outsource. A project may require experts in a particu
k0ka [10]

Answer: Access to specific skills

Explanation: The benefit of outsourcing that the company is getting in the given example is that the company could get access to experts in the particular jobs that are important for a project.

By outsourcing certain jobs, expert knowledge can be used to operate business with the additional benefit of hundred percent focus.

7 0
3 years ago
_____ is a study of variation in a measurement system using statistical analysis.
wel

repeatability and reproducibility (R&R) study

7 0
3 years ago
Government leaders spend a great deal of time trying to answer the _________ of economics
rewona [7]

Answer:

The correct answer is behavior.

Explanation:

The economy is perhaps the most important tool used by public administrators, due to the importance in the development of the countries and the growth expectations at a given moment. The behavior of the economy must be widely studied, since the implementation of strategies for the benefit of all depends on it. One of the main fields of action is GDP, which is in the national interest; Another very common one is the unemployment rate, which refers to the occupancy rate of people able to perform a task.

8 0
3 years ago
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