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blsea [12.9K]
3 years ago
12

Al’s Automotive started the year with total assets of $250,000 and total liabilities of $180,000. During the year the business r

ecorded $375,000 in revenues, $200,000 in expenses, and dividends of $35,000. Stockholders' equity at the end of the year was
A :$210,000
B :$455,000
C :$270,000
D :$520,000
Business
1 answer:
34kurt3 years ago
8 0

Answer:

A :$210,000

Explanation:

The accounting equation gives the relationship between the various elements of the balance sheet. These are the assets, liabilities and Stockholders' equity

Assets = Stockholders' equity + Liabilities

Retained earnings is the portion of the company's earnings that is added to the common stock to get the Stockholders' equity.

Retained earnings added =  $375,000 -  $200,000 - $35,000

= $140,000

Stockholders' equity at the end of the year = $250,000 - $180,000 + $140,000

= $210,000

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Rashid [163]

Answer:

3- Device Types

4- Location

Explanation:

These 2 settings can help Marta in targeting the specific audience she wants to.

  1. Location Settings allows your campaign to reach the location of your choice, where Marta feels that the most relevant audience belongs.  For example, if she feels that her customers mainly belong to Houston, so she could specify her campaign to Houston to save money instead of running the campaign in every part of the country.
  2. Device Type, specifying this category would allow limiting her audience to only specific people who are active on cellphones as mostly that's her customer base.
8 0
3 years ago
Who do you think mergers help the most, consumers or the businesses that merge?
sweet [91]

Mergers may improve product quality, which benefits consumers. For example, the merger of two start-up software companies could result in better quality products and faster time-to-market as the merged entity takes advantage of the research capabilities and facilities of their legacy companies.

3 0
2 years ago
Sunset Corp. currently has an EPS of $2.21, and the benchmark PE for the company is 21. Earnings are expected to grow at 5 perce
storchak [24]

Answer:

$46.41

Explanation:

Sunset corporation has an EPS of $2.21

The benchmark PE is 21

The earnings are expected to grow at 5 % per year

Therefore the current stock price can be calculated as follows

= benchmark PE × earnings per share.

= 2.21 × 21

= $46.41

Hence the estimate of the current stock price is $46.41

8 0
3 years ago
According to the Bureau of Labor Statistics, the actual unemployment rate was 8.3% in February 2012 and the natural rate of unem
padilas [110]

According to the Bureau of Labor Statistics, the actual unemployment rate was 8.3% in February 2012 and the natural rate of unemployment was 5.2%. The<u> cyclical</u> unemployment rate was <u>3.1</u>%.

<u>Explanation:</u>

Unemployment is when an individual who is able to work and is also willing to work at the wage rate which is prevailing in the market, does not get work. There are some types of unemployment like cyclical, structural, frictional and so on.

Cyclical unemployment is the rate of unemployment that occurs in the different phases of the trade cycle. Because of high rate of actual unemployment rate in 2012, the cyclical rate of unemployment was also around 3%.

4 0
3 years ago
An engineering firm can lease a measurement system for $1,000 per month or purchase one for $15,000. The leased system will have
vredina [299]

Answer: 17 months

Explanation:

Lease amount = $1000 per month

Purchase amount = $15000

Interest rate = 0.5% per month

Let the number of months that us required for the system to breakeven be m. Therefore,

m × 1000 = 15000 + ( m × 80) + (m × 15000 × 0.5)/100

1000m = 15000 + 155m

1000m - 155m = 15000

845m = 15000

m = 15000 / 845

m = 17 months

6 0
3 years ago
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