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Rama09 [41]
3 years ago
11

On January 1, 2018, Cat Power Company reported stockholders' equity of $705,000. During the year, the company paid dividends of

$30,000. At December 31, 2018, the amount of stockholders' equity was $825,000. What amount of net income or net loss would the company report for 2015?
(A) Net loss of $30,000

(B) Net income of $90,000

(C) Net income of $120,000

(D) Net income of $150,000
Business
1 answer:
Setler79 [48]3 years ago
7 0

Answer:

D. Net income of $150,000

Explanation:

$705,000 + X - $30,000 = $825,000

X = $150,000

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-7,759.29 dollar

Explanation:

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7 0
3 years ago
Beach Grub is a chain of "fast casual" restaurants that sells its menu items at higher prices than its competitors. Yet, the res
Lerok [7]

Answer:

Differentiation strategy

Explanation:

Differentiation strategies seek to create higher value for their customers by producing goods and services that offer unique features that differentiate them form their competitors. This is done while trying to keep the same or similar (maybe a bit more expensive) price levels as the competition .

In this case Beach Grub offers a differentiated service while keeping their prices higher than the competition but not as high as luxurious restaurants.

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3 years ago
You own a stock which has produced annual returns of 11 percent, 3 percent, 8 percent, and 14 percent over the past four years,
Nana76 [90]

Answer:

C) 9.00; 8.92

Explanation:

The arithmetic rate of return is given by:

R_{A} = \frac{11+3+8+14}{4} \\R_{A} = 9.00

The geometric rate of return is given by:

R_{G} =  (\sqrt[4]{(1.11*1.03*1.08*1.14)} -1) *100 \%\\R_{G} =  (1.0892-1) *100 \%\\R_{G} =  8.92

Therefore, the arithmetic rate of return is 9.00 percent and the geometric rate of return is 8.92 percent

The answer is C) 9.00; 8.92.

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3 years ago
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a_sh-v [17]

Answer:

ITS NOT B

Explanation:

6 0
3 years ago
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