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sweet [91]
3 years ago
12

A corporation was incorporated on January 1, Year 6, with $500,000 from the issuance of stock and borrowed funds of $75,000. Dur

ing the first year of operations, net income was $25,000. On December 15, the corporation paid a $2,000 cash dividend. No additional activities affected equity in Year 6. At December 31, Year 6, the corporation’s liabilities had increased to $94,000. In the corporation’s December 31, Year 6 balance sheet, total assets should be reported at
A. $598,000
B. $600,000
C. $692,000
D. $617,000
Business
1 answer:
Kazeer [188]3 years ago
6 0

Answer:

A. $598,000

Explanation:

Total assets = Net Capital Invested

Net Capital invested = Equity + Long Term Debt + Net Income - Any dividends distributed = $500,000 + $75,000 + $25,000 - $2,000 = $598,000

Note: The net increase in liabilities from $75,000 to $94,000 that is $19,000 is increase of current liabilities and not of capital invested.

Therefore, that increase in liabilities will not be considered.

Final Answer

A. $598,000

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Answer:

The answer is Deliveries for which no purchase order was issued.

Explanation:

A receiving department compares inventory items received with copies of purchase orders. The purchase orders list the name of the vendor and do not list the quantities of the material ordered. Using the purchase orders, the receiving department is most likely to detect____Deliveries for which no purchase order was issued._____

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3 years ago
Paying attention to the trends that might impact your future career is called?
salantis [7]
I think the answer would be futurecasting. It is one method used in strategic planning. It involves the practice of perceiving what you future might be looking at present trends and how would this affect the future. Hope this answers the question.
7 0
2 years ago
There are 3 factories on the Momiss River. Each emits 2 types of pollutants, labeled P1 and P2, into the river. If the waste fro
hichkok12 [17]

Answer:

Kindly check explanation

Explanation:

Using table for our evaluation :

____________POLLUTANT

Factories___P1 ______P2 ____COST

__1_______0.1______ 0.45 ___ 1500

__2______ 0.2 _____ 0.25 ____1000

__3 ______0.40 ____ 0.30 ____2000

_________ ≥ 30 ____ ≥ 40 _____ z

Let amount of waste produced by Factories 1, 2 and 3 equal f1, f2 and f3 respectively.

Linear Program that will minimize the cost of reducing pollution by the desired amounts

Min cost:

min z = 1500f1 + 1000f2 + 2000f3

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4 0
3 years ago
True or false: An aspect of product performance that is mission-critical, such as safety for an automobile, increases price sens
MaRussiya [10]

Answer:

False

Explanation:

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3 years ago
Researchers now recognize three major types of behavior that constitute performance at work. Which of the following are these th
valina [46]

Answer:

Answer 1: task performance, citizenship, counterproductivity

Answer 2: Citizenship.

Explanation:

Here is the complete question: Question 1: Researchers now recognize three major types of behavior that constitute performance at work. Which of the following are these three major types of behavior?

     a. task performance, productivity, tenure.

     b. productivity, efficiency, absenteeism.

     c. task performance, citizenship, counterproductivity

     e. Citizenship, counterproductivity, personality.

     f.  leadership, knowledge, efficiency.

Question 2: Treating co-workers with respect, making constructive suggestions, and saying positive things about the workplace are a part of the ________ behavior that constitutes performance at work.

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3 0
3 years ago
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