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wel
3 years ago
7

Barsuk Company began the year with stockholders' equity of $108,000. During the year, Barsuk issued stock for $147,000, recorded

expenses of $420,000, and paid dividends of $28,000. If Barsuk’s ending stockholders' equity was $290,000, what was the company’s revenue for the year?
Business
1 answer:
g100num [7]3 years ago
6 0

Answer:

The company’s revenue for the year is $483,000

Explanation:

The computation of the revenue is shown below:

The ending balance of the stockholders' equity  = Beginning balance of stockholders' equity + issued shares - expenses + income - dividend paid

$290,000 = $108,000 + $147,000 - $420,000 + income - $28,000

$290,000 = - $193,000 + income

So, the income would equal to

=  $290,000 + $193,000

= $483,000

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givi [52]

Answer: 71% or $12,780 annually.

Explanation:

To find the amount of the Annuity that represents a return on Capital each year you divide the cost of the Annuity by the total amount of the Annuity to be received if the single life annuity is used to the fullest.

First then, we would need to calculate the full value of the Annuity.

Janice expects to get $1,500 per month for 17.6 years.

That means the total value would be,

= 1,500 * 12 months * 17.6 years

= $316,800 is the Total Annuity Receivable.

Calculating the return on Capital we will have,

= Cost of Annuity / Total Annuity Receivable

= 225,000 / 316,800

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The return on Capital is 71% or $12,780 annually.

8 0
3 years ago
Choose the best answer to complete the statement.
Grace [21]

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A router, also a home network, allows you to connect several computers and other devices to a single Internet connection.

Hope this helps!

3 0
3 years ago
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Rasek [7]

Answer:

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