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Alexeev081 [22]
4 years ago
5

For a given company, total assets are $260,000, current liabilities are $10,000, long-term liabilities are $60,000, common stock

is $150,000, and retained earnings is $40,000. how much is total stockholders' equity?
Business
1 answer:
VLD [36.1K]4 years ago
4 0
1. $140,000

2.$120,000

3.$190,000

4.$110,000

5.$160,000
3.$190,000
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The Bank of america trends in Consumer Mobility Report indicates that in a typical day, 51% of users of mobile phones use their
Vaselesa [24]

<u>Solution and Explanation:</u>

a)  51% of users of mobile phones use their phone at least once per hour,

It is a binomial distribution with n = 150, p = 0.51

mean = np = 150 multiply with 0.51 = 76.5

SD= sqrt(np(1-p) )= 6.1225

Since np and n(1-p) > 5, we can assume the distribution is normal.

B) please see the attached file.

c)  It is a binomial distribution with n = 150, p = 0.02

mean = np = 150*0.02 = 3

SD= sqrt(np(1-p) )= 1.71464

Since np < 5, we cannot assume the distribution is normal.

 

6 0
3 years ago
A taxpayer's most advantageous tax benefit is A) a tax deduction. B) a depletion allowance. C) a tax credit. D) straight-line de
ss7ja [257]

Answer:

D) a tax credit.

Explanation:

4 0
2 years ago
Rupesh wants to buy a new BMW priced at $54,000. He makes a down payment of 20% of the original price. He also trades-in his old
AlladinOne [14]

Answer:

The approximate payment at the end of every month will be $603.22.

Explanation:

Since the payment is going to be made at the end of every month, this can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value or the balance = Price of BMW - Down payment - Old car sales amount = $54,000 - ($54,000 * 20%) - $10,000 = $33,200

P = Monthly payment = ?

r = Monthly interest rate = Annual interest rate / 12 = 3.45% / 12 = 0.0345 /

12 = 0.002875

n = number of months = 60

Substitute the values into equation (1) and solve for P, we have:

$33,200 = P * ((1 - (1 / (1 + 0.002875))^60) / 0.002875)

$33,200 = P * 55.0377058660197

P = $33,200 / 55.0377058660197

P = $603.22

Therefore, the approximate payment at the end of every month will be $603.22.

5 0
3 years ago
What is ivan's marginal benefit if he decides to stay open for six hours instead of five hours?
Delicious77 [7]

Ivan's marginal benefit if he decides to stay open for six hours instead of five hours is $20. The marginal benefit can be solved by subtracting the total revenue of the equivalent hours.

$550 (6 hours) - $530 (5 hours) = $20  

4 0
3 years ago
The intent of corporate advertising is to make sure that all of a company's products are seen in a common, positive manner. True
evablogger [386]

Answer:

False since the intent of corporate advertising is usually done to ensure that the perception of the company's image is positive.

Explanation:

Corporate advertising is usually done to ensure that the perception of the company's image is positive. The products under the corporation is not a priority in this case, rather its is the company as a whole that needs to be viewed in good light.

This kind of advertising forms part of the public relations techniques used by the company or institution to improve its public image. There are so many companies with different brands under them that utilize this advertising technique to improve their standing in the public eye. It is a way of making the company itself to be a brand by advertising the company as a package.

These companies always want to prove that they care more about the public than they care for the products, in this way they create the perception that the company is primary and anything else is secondary.

Cooperate advertising is majorly used in companies whose business activities have a negative effect to the public. Cooperation that engage in mining activities or activities that affect the environment are likely to utilize this form of advertising.

6 0
3 years ago
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