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Leya [2.2K]
3 years ago
12

Atlantic Corporation reported the following amounts at the end of the first year of operations Common stock $ 200,000 Sales reve

nue $ 800,000 Total assets $ 600,000 Dividends declared $ 40,000 Total liabilities $ 320,000 What are the retained earnings of Atlantic at the end of the year, and what amount of expenses were incurred during the year
Business
1 answer:
Serhud [2]3 years ago
3 0

Answer:

4567

Explanation:

4567

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Which of the following statements is more likely if cash and marketable securities increase by $5,000 during a period in which c
Goryan [66]

Answer:

C) Debt increases by more than cash dividends paid

Explanation:

Based on the information given the statements that is more likely based on the below calculation will be : DEBT INCREASES BY MORE THAN CASH DIVIDENDS PAID reason been that the NET INCREASE IN THE CASH from financing activities was the amount of $4,500

Net Increase In The Cash from financing activities = $5000 - $1000 + $500

Net Increase In The Cash from financing activities= $4500

4 0
3 years ago
Which of the following represents a market failure?
Marat540 [252]

Answer:

a. Shopping for used cars when the seller has private information about the car unavailable to the buyer

Explanation:

When the market is not able to produce an efficient quantity, then it is said that market is failed. This might happens due to many reasons and asymmetric information is one of them. When there is an asymmetric information, then the sellers of the used car have information about it, but the buyer do not have the full information about the used car.

Hence this leads to inefficient outcome and therefore market fails.

Hence it can be said that a market failure example is Shopping for used cars when the seller has private information about the car unavailable to the buyer.

Hence option first is the correct answer.

7 0
3 years ago
Hannah needs a saving tool to set up an emergency fund.witch of the following saving tools should Hannah choose?
Komok [63]

You need to give the answer choices, but a bank account is good, savings account, or insurance

6 0
3 years ago
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Savings tools offered by depository institutions may earn interest. which of the following statements is not true about interest
irina [24]
D   interest is the price paid for usong someone elses moneu
7 0
3 years ago
Which of the following statements about depository institutions in the U.S. are correct?
Kaylis [27]

Answer: C and D

Explanation:

Depository institutions are financial organization in the US that is legally authorized to confirm money deposit from customers.

4 0
4 years ago
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