1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zolol [24]
3 years ago
5

KCCO, Inc., has current assets of $4,200, net fixed assets of $23,400, current liabilities of $3,750, and long-term debt of $8,4

00.
What is the value of the shareholders’ equity account for this firm?
Business
1 answer:
Gennadij [26K]3 years ago
7 0

Answer:

Share holder's equity  = $15,450

Explanation:

given data

current assets = $4,200

net fixed assets = $23,400

current liabilities = $3,750

long-term debt = $8,400

solution

we get here value of the shareholders equity that is express as

Share holder's equity = (current assets + net fixed assets) - (current liabilities + long term debt)    ....................1

put here value we get

Share holder's equity  = ( $4,200 + $23,400) - ( $3,750 + $8,400 )

Share holder's equity  = $15,450

You might be interested in
s) A system has four processes and five types of allocatable resources. The current allocation and maximum needs are as follows:
Troyanec [42]

Answer:

The smallest value of x is 5 which leads to a safe state.

Explanation:

Solution

Given that:

Process Available Maximum Request = Max-Available

A         [2 ,1 ,0 ,2, 2] [4, 2,2, 3, 3]          [2,1,2,1,1]

B         [3 ,1, 1, 0 ,2] [3 ,3 ,6 ,1 ,2]          [0,2,5,1,0]

C         [2 ,1 ,0 ,2 ,1 ] [3 ,2 ,3 ,3 ,1]          [1,1,3,1,0]

D         [1, 1, 0, 1, 0 ] [1, 2, 3, 2 ,1 ]          [0,1,3,1,1]

Available = 3,2,x,2,3 ⇒ x has to be determined.

Now

consider x=1 then Available = 3,2,1,2,3

It can't satisfy A,B,C,D since the minimum value of x among those is 2

Consider x=2 then Available = 3,2,2,2,3

It can't satisfy B,C,D since the minimum value of x among those is 3

Thus

consider x=3 then Available = 3,2,3,2,3

It can't satisfy D since the minimum value of x among those is 5

Then

consider x=5 then Available = 3,2,5,2,3

It can satisfy A,B,C,D

Therefore, the minimum value of x is 5. So, that it leads to a safe state.

5 0
3 years ago
2. Read the following data from Maria's personal monthly bank statement and answer the questions that follow:
Nutka1998 [239]
B I hope it’s helped
3 0
3 years ago
Read 2 more answers
Which of the following statements about group insurance is true?
Kruka [31]

Answer:

it b i promise it is the right answer i know

4 0
4 years ago
Trusper Company was organized on January 1, Year 1 and has had 1,000 shares of $200 par value, 10% cumulative preferred stock ou
snow_tiger [21]

Answer:

$50,000

Explanation:

Generally, preferred stockholders receive dividends earlier than common stockholders. Moreover, as the preference shareholders are cumulative, if they do not receive dividends current year, they will receive in the next year. Finally, preferred dividend is fixed until there are new issuance of preferred stock.

Preferred dividends for Year 1 = 1,000 shares × $200 × 10% = $20,000

For year 2 = $20,000

Given, total dividends in year 1 = $15,000

Therefore, company provides $15,000 to preferred dividends. No common dividends in year 1.

However, in the next year (Year 2), the company will pay $5,000 + $20,000 = $25,000 to preferences shareholders.

Therefore, remaining dividends are for common stockholders.

Year 2 common stockholders dividends = $75,000 - $25,000 = $50,000.

8 0
4 years ago
Target Profit Outdoors Company sells a product for $110 per unit. The variable cost is $65 per unit, and fixed costs are $288,00
STatiana [176]

Answer:

Results are below.

Explanation:

Giving the following information:

Target Profit Outdoors Company sells a product for $110 per unit. The variable cost is $65 per unit, and fixed costs are $288,000.

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 288,000 / (110 - 65)

Break-even point in units= 6,400

<u>Now, we incorporate the desired profit in the formula:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (288,000 + 54,720) / 45

Break-even point in units= 7,616 units

7 0
3 years ago
Other questions:
  • Quick Eats is a fast-food restaurant that has recently entered the hospitality industry. Since most of its competitors are pursu
    5·1 answer
  • Kelly works at an ice cream shop and observes that the number of people buying ice cream varies greatly from day to day.For a co
    15·1 answer
  • The economists at JET Consulting consider Campbell’s Soup to be an inferior good. During a recession, when the income in the eco
    5·1 answer
  • Cherries on Top, a national ice cream shop, is struggling financially to keep up with the bigger chains. The top executives have
    5·1 answer
  • A project has expected sales of 15,000 units, plus or minus 4 percent, variable cost per unit of $120 plus or minus 3 percent, f
    15·1 answer
  • Avoidable costs are best described as: Select one: a. Revenues and costs that differ from one alternative to another. b. Costs i
    14·1 answer
  • When computer users have trouble with their machines or software, Roland is the first person they call for help. Roland helps us
    11·1 answer
  • The percentage change in prices over time. This is a key indicator of the cost of
    11·2 answers
  • One of the most noted changes in the workforce between 2000 and 2010 is the increase in women pursuing professional careers such
    9·1 answer
  • A ________ exists when various companies producing similar products or services work together to control markets for the types o
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!