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Veronika [31]
3 years ago
14

J&J Corporation's year-end 2018 balance sheet lists current assets of $250,000, fixed assets of $800,000, current liabilitie

s of $195,000, and long-term liabilities of $350,000.
What is J&J's total stockholders' equity?
A. $495,000
B. $555,000
C. $1,050,000
D. There is not enough information to calculate total stockholder's equity.
Business
1 answer:
Ierofanga [76]3 years ago
7 0

Answer:

The answer is B. $555,000

Explanation:

Please note that the student meant $300,000 for non-current liability and not $350,000

Stockholder's equity = total asset - total Liability

Total asset = current asset + fixed asset

= $250,000 + $800,000

= $1,050,000

Total liability = current Liability + non-current liabilities

= $195,000 + $300,000

= $495,000

Therefore, shareholder's equity is

$1,050,000 - $495,000

$555,000

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Use the contribution margin ratio approach to compute the number of shows needed each year to earn a profit of $ 5 comma 687 com
leonid [27]

Answer:

Instructions are listed below

Explanation:

To calculate the number of shows to achieve a certain amount of profit you need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= (fixed costs + profit)/contribution margin ratio

contribution margin ratio= (price - unitary variable costs)/price

For the number of shows, divide the Break-even point (dollars) by the selling price

4 0
3 years ago
LL Incorporated's currently outstanding 7% coupon bonds have a yield to maturity of 14%. LL believes it could issue new bonds at
Hitman42 [59]

Answer:

The after-tax cost of debt of LL Incorporated  rounded to decimal places is 9.80%

Explanation:

First and foremost ,the before tax cost of debt is the yield to maturity of 14%

Having determined the before-tax cost of debt,the after-tax cost of debt is the before-tax cost of debt adjusted for marginal tax rate of 30% as computed thus:

after-tax cost of debt=before-tax cost of debt*(1-t)

the t is the tax rate of 30% which is also 0.3

after tax cost of debt=14%*(1-0.3)

                                  =14%*0.7=9.80%

6 0
3 years ago
On November 1, 2021, Taylor signed a one-year contract to provide handyman services on an as-needed basis to King Associates, wi
Blizzard [7]

Answer:

Taylor should recognize revenue in 2021 in the amount of $0.00

Explanation:

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It is important to note that Control is transferred on an as-needed basis to King Associates

Tylor has not yet transfered any handyman services during 2021. Therefore no revenue is recognised as transfer of control of goods and services is made to the customer does not exist.

Only when handyman services are provided then the revenue is recognised in the year the servises are provided.

3 0
3 years ago
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Bingel [31]

The <u>left hemisphere</u> is involved in the organization of how you will move your body in space in response to a verbal command.

In general, the left hemisphere, or side of the brain, is responsible for speech and speech. For this reason, it is called the "dominant" hemisphere. The right hemisphere plays a major role in visual information interpretation and spatial processing.

The human brain is basically bilaterally symmetrical and split in the middle. The right hemisphere receives sensory input from the left side of the body and controls its movement, while the left hemisphere controls the corresponding functions on the right side. However, the symmetry is limited and there are differences.

The left hemisphere of the cerebrum is part of the brain involved in sensation and perception, motor control, and higher cognitive processes. The two cerebral hemispheres have somewhat different functions. For example, in most people, the left hemisphere is largely responsible for speech.

Learn more about hemisphere here: brainly.com/question/2598361

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6 0
2 years ago
The sale of a new brand of flavored water, taste funny, soared after it was used in many scenes in the latest blockbuster action
alexgriva [62]
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