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blagie [28]
3 years ago
10

York Casting Services started the year with total assets of $110,000 and total liabilities of $50,000. The revenues and the expe

nses for the year amounted to $140,000 and $50,000, respectively. During the year, the company did not issue any common stock, but it distributed dividends of $70,000. Calculate the amount of increase or decrease in stockholders' equity for the year.
Business
1 answer:
Wittaler [7]3 years ago
6 0

Answer:

Net income:                             $

Revenue                             140,000

Expenses                            (50,000)

Dividend paid                    <u> (70,000)</u>

Net income                        <u> </u><u>20,000</u><u>   </u>      

Net income is the amount of increase in stockholders' equity.                                                          

Explanation:

Net income is the excess of revenue over expenses and dividend. A positive net income increases the stockholders' equity. Common                                                                                                                                                      stockholders are legal owners of a company, thus, any income not distributed as dividend increases their equity.                                                            

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Block Island TV currently sells large televisions for $380. It has costs of $290. A competitor is bringing a new large televisio
Sergeu [11.5K]

Answer:

$238.18

Explanation:

For calculation of target cost first we need to follow some steps which is shown below:-

Step 1

Operating income before = Sold television - Cost

= $380 - $290

= $90

Step 2

Total operating income = $90 × 120,000

= 10,800,000

Step 3

New sales in units = Target operating income ÷ Increase percentage

= 10,800,000 ÷ (120,000 × 110%)

= 10,800,000 ÷ 132,000

= $81.82

Finally

So, the Target cost = Lower price - New sales in units

= $320 - $81.82

= $238.18

7 0
3 years ago
Hasbro, Inc., the trademark owner of "Candy Land," sought a court injunction to prevent Internet Entertainment Group, LTD from u
Ivahew [28]

Hasbro, Inc., the trademark owner of "Candy Land," sought a court injunction to prevent Internet Entertainment Group, LTD from using the domain name, "candy land". A jury will decide whether Hasbro is entitled to this remedy is FALSE.

Option B

<u>Explanation:</u>

A form of intellectual property composed of a distinctive symbol, design or expression that distinguishes products or services of a specific source from everyone else, while marks used it to distinguish services are generally referred to as product marks is understood as a "trademark".

Trademark law regulates a manufacturer or merchant's use of a tool (including a name, expression, emblem, product shape or logo) to define its products and differentiate those goods from those made or sold by someone else.

3 0
4 years ago
Scheduling personnel is an example of an operations management:
Molodets [167]

Answer:

B. operational decision

Explanation:

Scheduling personnel is an example of an operations management:  operational decision

6 0
3 years ago
MEMORANDUM TO: Human Resources Director FROM: Mark Taylor, Department Head SUBJECT: Promotions of Margaret Adams and Beth Taylor
emmasim [6.3K]

In the case above since the cases with the two people are similar,  we should Promote neither Margaret nor Beth.

<h3>What is promotion in an office?</h3>

The act of getting promoted is one that connote that a person have step into a leadership position.

Note that the more people, that person will have to be responsible for, and also more jobs goes with it and it is vital that your communication skills will be sharpened.

Note that since promotion will require more time which both individuals are not willing to give,  so therefore, In the case above since the cases with the two people are similar,  we should Promote neither Margaret nor Beth.

Learn more about Promotion from

brainly.com/question/11131986

#SPJ1

4 0
2 years ago
Factors leading to the slow growth of demand in embryonic industries include all of the following except the
wolverine [178]

Answer:

C) lack of venture capital for innovative products.

Explanation:

Embryonic industries are such industries that are at the beginning stage in their life-cycle. More specifically, newly established ventures are called the embryonic industry or firm.

Options A, B, D, and E all are wrong because a new firm may not produce high qualified first products. It may not have the right complementary products, the production cost may be higher than expected, and finally, there are a few distribution points. Those lead to the slow growth of the embryonic industry.

Option C is the answer because venture capitalists like to invest in innovative products, so there should not be a lack of capital.

4 0
3 years ago
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