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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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The purpose of domains in a typical IT infrastructure is to: a. help organize the roles, responsibilities, and accountabilities
sergey [27]

Answer:

a. help organize the roles, responsibilities and accountabilities for risk management and risk mitigation.

Explanation:

Domain connects remote users to the organization network. It helps host to define the access to specific user. Domain holds all the critical information and data in the system. It defines the roles and responsibilities for risk mitigation.

6 0
3 years ago
Which of the following is NOT an element of the marketing mix?
frosja888 [35]

Answer: Option D

Explanation: The set of activities done by a company for marketing its product is called marketing mix. These are the factors that affect the marketing results of the entity and should be considered thoroughly while decision making.

Seven elements of marketing mix are :-

1. Product

2. Price

3. Place

4. Promotion

5. Packaging

6. Positioning

7. People

THUS, DISTRIBUTION IS NOT ITS PART.

4 0
3 years ago
Myriad Solutions, Inc. issued 10% bonds, dated January 1, with a face amount of $320 million on January 1, 2021, for $283,294,72
otez555 [7]

Answer:

The net amount of the liability Myriad would report in its balance sheet at December 31, 2021 is $287,524,896

Explanation:

First, we need to determine the amount of discount on the bond at the time of issuance

Discount on Bond = Face value - Issuance value = $320,000,000 - $283,294,720 = $36,705,280

June 30, 2021

Now we will use the effective interest method to calculate the amortization of discount on the bond.

Amortization of Discount = ( Carrying Value x Market yield ) - ( Face value x Coupon rate ) = ( $283,294,720 x 12% ) - ( $320,000,000 x 10% ) = $33,995,366.4 - $32,000,000 = $1,995,366.4 = $1,995,366

Carrying value = $283,294,720 + $1,995,366 = $285,290,086

December 31, 2021

Now we will use the effective interest method to calculate the amortization of discount on the bond.

Amortization of Discount = ( Carrying Value x Market yield ) - ( Face value x Coupon rate ) = ( $285,290,086 x 12% ) - ( $320,000,000 x 10% ) = $34,234,810.32 - $32,000,000 = $2,234,810.32 = $2,234,810

Carrying value = $285,290,086 + $2,234,810 = $287,524,896

5 0
2 years ago
Compute the payback period for each of these two separate investments: A new operating system for an existing machine is expecte
Westkost [7]

Answer and Explanation:

The computation of the payback period for each investment is shown below;

For Option 1

= Initial Investment ÷  Annual Cash Flow

= $280,000 ÷ $134,569

= 2.081 Year

Here Annual cash inflow is

= Net income + Depreciation

= $80,769 + (($280,000 - $11,000) ÷ 5)

= $134,569

For Option-2

= Initial Investment ÷ Annual Cash Flow

= $200,000 ÷ $70,429

= 2.84 Year

Here Annual cash inflow is

= Net income + Depreciation

= $44,000 + (($200,000 - $15,000) ÷ 7)

= $70,429

6 0
3 years ago
Programs designed to foster ethical behavior are more controversial today because unethical and illegal business conduct continu
andrew11 [14]

Programs designed to foster ethical behavior are more controversial today because unethical and illegal business conduct continues to occur, even in organizations that have implemented the programs. True

In computing, a program is a selected set of ordered operations for a computer to carry out. the modern computer that John von Neumann outlined in 1945, this system incorporates a one-at-a-time sequence of instructions that the pc follows. usually, the program is put into a storage region available to the laptop. The purpose of the software is to remedy a hassle or to pursue a hobby via innovative expression. In essence, why the programmer decided to create this software. as an example, “the cause of this software is to encourage others to recycle."

Programming is the process of making a hard and fast of commands that inform a pc how to perform an assignment. Programming may be carried out with the use of diffusion of laptop programming languages, inclusive of JavaScript, Python, and C++.

Learn more about Programs  here: brainly.com/question/23275071

#SPJ4

3 0
1 year ago
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