Configuration management is the same as change management. <br> a. True <br> b. False

What do firms stand to gain by increasing their market power

Ivahew [28]

Answer:

Increase in profit.

8 0

3 years ago

Read 2 more answers

The right side of the balance sheet shows the firm's liabilities and stockholders' equity. Which of the following best describes

Leokris [45]

Answer:

1. Equity is the difference between the company's assets and liabilities.

2. D. $83

Explanation:

Req. A

We know,

The accounting equation is

Total asset = total liabilities + total stockholders' equity

Therefore, total asset - total liabilities = total stockholders' equity

So, we can say that equity is the difference between the company's assets and liabilities. However, equity cannot be claimed before the liabilities. Therefore, the option "A" is the correct answer.

Req. B

Now Inc.

Statement of retained earnings

For the year ended, December 31, 20XX

Beginning retained earnings (Last year) $527

Add: Net Income (Current year) 176

Less: Dividend (Balancing) <u> </u><u>(83)</u>

Ending retained earning (Current year) $620

Calculation: $(527 + 176 - 620) = $83

Therefore, the option "D" is the correct answer.

3 0

3 years ago

Sparty Corporation has provided the following information for its most recent year of operation: Revenues earned were $88,000, o

AlekseyPX

The amount of net income reported on Sparty's income statement is $19,690.

<h3>What is revenue?</h3>

The total amount of income earned by the sale of goods and services connected to the principal operations of the firm is referred to as revenue in accounting.
Commercial revenue is often known as sales or turnover.
Some businesses make money by charging interest, royalties, or other fees.

<h3>What are dividends?</h3>

A dividend is a profit distribution made by a corporation to its shareholders.
When a corporation makes a profit or has a surplus, it can pay a portion of the earnings to shareholders as a dividend.
Any money that is not dispersed is re-invested in the company.

<h3>Solution -</h3>

To find the amount of net income reported on Sparty's income statement, use the following formula:

Net Income = Gross Profit — Operating Expenses — Other Business Expenses — Taxes — Interest on Debt + Other Income

Net income = 80000 - 31000 - 11000 - 18130 = 19690

Therefore, the amount of net income reported on Sparty's income statement is $19,690.

Know more about net income here:

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4 0

2 years ago

Each month, renaldo earns a commission of 10.5% of his total sales for the month, plus a flat salary of $2,500. if renaldo earns

katovenus [111]

Renaldo would earn <span>2817.63. You take the $ of sales and multiply it by the commissions percentage, then add the number you get with the flat salary to get his total $ earned that month.</span>

8 0

3 years ago

On July 3, 2009, Devin purchased 100 shares of CDEF stock at a cost of $30 per share. His commission was $29. He sold his shares

vichka [17]

Answer:

$1,692

Explanation:

Data provided in the question:

Number of shares purchased = 100

Cost of stock = $30 per share

Commission = $29

Selling price per share = $45

Commission for selling = $29

Earned dividends = $2.50 per share

Now,

Total Return

= Number of Shares × (Sale Price - cost + Total dividends) - Total Commissions

or

Total Return = 100 × ($45 - $30 + $2.50) - (2 × $29)

or

Total Return = $1750 - $58

or

Total Return = $1,692

8 0

3 years ago

Configuration management is the same as change management. a. True b. False