The answer is ♦<span>Claiming someone else's written work as your own.♦</span>
Answer:
Correct option is (B)
Explanation:
Given:
Beginning capital = $80,000
Net income = $35,000
Drawings = $18,000
Net income is added to opening capital and deduct drawings to arrive at capital balance at the end.
Capital at the end of the year = opening capital + net income - drawings
= 80,000 + 35,000 - 18,000
= $97,000
Answer:
The value of shareholders' equity is -$300
Explanation:
Shareholders' equity is the corporation's owners' residual claim on assets after debts have been paid.
Total assets= Total liability + shareholders' equity
Shareholders' equity = Total assets - Total liability
Shareholders' equity = $5,800 - $6,100
Shareholders' equity = -$300
Answer:
International investment has become more one-sided, consisting almost entirely of foreign direct investment.
Explanation:
This is because now internationally opportunities are being seized to have a better return on investment , to invest where opportunity cost is better and scope of foreign direct investment includes purchase of assets and shares.
Answer:
$51,200
Explanation:
Gross income computation includes all forms of income such as wages, rents, royalties, dividend etc. However, gifts and inheritances are not considered as a part of the gross income.
Therefore, Sandy's gross income consist of her salary, and the interest income
Sandy's Gross income = 50000 + 1200
= $51,200
The inheritance of her grandmother's estate and car gift are not included as a part of Sandy's gross income.