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lina2011 [118]
3 years ago
12

At September 1, 2018, Swifty Co. reported stockholders’ equity of $156000. During the month, Swifty generated revenues of $37400

, incurred expenses of $20000, purchased equipment for $4920 and paid dividends of $2040. What is the amount of stockholders’ equity at September 30, 2018?
Business
1 answer:
kenny6666 [7]3 years ago
4 0

Answer:

$171,360

Explanation:

Given that,

At September 1, 2018, Swifty Co. reported stockholders’ equity = $156,000

Revenues = $37,400

Expenses = $20,000

Purchased equipment = $4,920

Paid dividends = $2,040

Net income:

= Revenues - Expenses

= $37,400 - $20,000

= $17,400

Stockholders’ equity at September 30, 2018:

= Beginning balance + Net income - Dividend paid

= $156,000 + $17,400 - $2,040

= $171,360

Therefore, the amount of stockholders’ equity at September 30, 2018 is $171,360.

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goblinko [34]

Answer:

The answer is: after 8 games

Explanation:

You can solve this problem in two ways:

                                        Deanna                        Lise

Start with                            $15                            $13

After 1 game                      $14.25                       $12.50

After 2 games                   $13.50                       $12.00

After 3 games                   $12.75                        $11.50

After 4 games                   $12.00                        $11.00

After 5 games                   $11.25                         $10.50

After 6 games                   $10.50                        $10.00

After 7 games                    $9.75                         $9.50

After 8 games                   $9.00                        $9.00

Or you can solve this equation:

= (price of arcade D - price of arcade L) / (Deanna's money - Lise's money)

= ($0.75 - $0.50) / ($15 - $13) = $0.25 / $2 = 8

7 0
3 years ago
8) walter co. and sandburg industries report the following information at december 31: walter sandburg accounts receivable $41,0
True [87]

Walter Co. is a manufacturer because it uses raw materials, and has a stock of merchandise inventory, work-in-progress inventory, and finished goods inventory. The current assets of Walter Co. will be:

Current Assets:

Cash                                                          6,000

Inventories

Raw materials inventory       21,000

Work in progress inventory  40,000

Finished goods inventory      25,000

Merchandise inventory           48,000

Total inventory                                      1,34,000

Other assets

Accounts receivable                               41,000

Prepaid expenses                                     1,000

Current assets                                                               2,22,000

A manufacturing company is a company that takes in raw materials processes the raw materials and then sells the finished goods manufactured in the market. So the current assets section of the balance sheet of Walter Co. is given which will be written on the right side of the balance sheet.

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3 0
1 year ago
Mike and Ike, the fruit-flavored chewy candies, needed a major facelift. The brand had a small but loyal core of "munchers." A r
elena55 [62]

Answer:

D. Product and Promotion

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By changing the product packaging, the company modified its product strategy.

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8 0
3 years ago
Read 2 more answers
The objective of _____ is to gather data about project usability, costs, benefits, and schedules.
Ivahew [28]

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<h3>What is a fact finding process?</h3>

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Note that  All costs incurred of fact-finding are borne by the employer and the union and as such, The objective of <u>Fact-finding</u> is to gather data about project usability, costs, benefits, and schedules.

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7 0
1 year ago
Assume that Puritan Corp. operates in an industry for which NOL carryback is allowed. Puritan Corp. reported the following preta
timama [110]

Answer:

$87,120

Explanation:

The calculation of the deferred tax asset for the NOL carryforward is given below:

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= ($600,000 - $358,000) × 36%

= $242,000 × 36%

= $87,120

Since in a year 2021 it is a loss and the income in year 2022 that is to be adjusted and the same is considered in the computation part

Hence,  the deferred tax assets for the NOL carryforward is $87,120

6 0
3 years ago
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