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trapecia [35]
3 years ago
7

Mofro's Computer Repair Shop started the year with total assets of $300,000 and total liabilities of $200,000. During the year,

the business recorded $500,000 in computer repair revenues, $300,000 in expenses, and Mofro paid dividends of $50,000. Mofro's stockholders' equity changed by what amount from the beginning of the year to the end of the year?
Business
1 answer:
azamat3 years ago
8 0

Answer:

The change in stockholders' equity was of 150.000

Explanation:

With the amount of sales and expenses of the year, the company had a profit of 200.000, if it pay dividends by 50.000, it means that the company  retained earnings for 150.000, this is the change in the equity of the company and keep in cash in the total assets.

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Read the following scenario. Then in the table below, match each of the activities to the management by objectives step it repre
Klio2033 [76]

<u>Solution and Explanation:</u>

<u>Setting a Goal = B </u>

Basis the past data and knowledge, 90 seconds is set as target for maximum time to hold .

<u>Developing a Action Plan = A </u>

The contingent call center workers are hired for anytime service and support to ensure hold time is less than 90 seconds .

<u>Reviewing progress = C </u>

In mid of the project, review is done to check how many times hold time exceeded 90 seconds .

<u>Appraising performance = D </u>

It is done at the end post project completion with data and results .

 

5 0
3 years ago
For accounting purposes, postdated checks (checks payable in the future) are considered to be
klio [65]

The postdated checks are considered to be an accounts receivable for accounting purpose.

<h3>What is a postdated checks?</h3>

These are checks that is expected to make a payment to be processed on a specified date in the future.

However, in accounting, the postdated checks are considered to be an accounts receivable by a firm for accounting purpose.

Read more about postdated checks

<em>brainly.com/question/3257002</em>

#SPJ12

6 0
2 years ago
The potential benefits lost by taking a specific action when two or more alternative choices are available is known as a(n):____
AlekseyPX

Answer:

b. Alternative cost. 

Explanation:

Sunk cost is cost that has been incurred and cannot be recovered.

Out of pocket cost is a cost incurred out of an employees personal cash reserves for which he may be reimbursed for by his employers.

Differential cost is the cost of two different options.

Opportunity cost is the benefit lost when one alternative is chosen over other alternatives.

I hope my answer helps you.

3 0
3 years ago
Biltz Company uses a predetermined overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. During
Fiesta28 [93]

Answer:

manufacturing overhead underallocated for the year $124,102.4

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

we distribute the expecte rate over the cost dirver

582,100 / 135,000 = 4.3185

150400 x 4.3185 = 649502.4 applied overhead

applied - actual = over or underappied

if actual > applied = underapplied

if actual < applied = overhead

525,400 - 649,502.4 = -124,102.4

3 0
3 years ago
The best way to negotiate for an increase in starting salary is to _____. a. try to ask other employees at the company what they
defon
The best way for you to negotiate an increase in starting salary is to research similar jobs, note what their starting pay is, and provide the list to your boss. Most jobs will match what other people are paying because they need employees. The best way to lose your job right off the bat is to tell your boss that he is a cheapskate. I do not advise this.
5 0
3 years ago
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