All categories

2 years ago

Generally, a business should consider insuring against an event when the risk

Business

1 answer:

posledela2 years ago

8 0

Answer:

Explanation:

The econimac situatiom will detertoarte further.

You might be interested in

Last year the Baldwin company increased their equity. In 2020 their equity was $49,131. Last year (2021) it increased to $54,834

Oduvanchick [21]

The Issue and retirement of stock, Profits of $12,805 and Dividend payment of $6,489 causes the change in equity

Basically, in accounting, the primary cause for increase in stockholders' equity is increase in retained earnings.

However, there are other factors that contributes to the change in shareholder's equity.

In conclusion, the Issue and retirement of stock, Profits of $12,805 and Dividend payment of $6,489 causes the change in equity

The missing options includes "A bond issue of$1,377. Issue and retirement of stock . Profits of $12,805 . A change of plant and equipment of$9,580. Plant Improvements of $9,580 A change in short term debt of-$4,478. Depreciation of -$41,287 Dividend payment of$6,489. A change in cash of $481. An accounts payable change of$1,546. Change in inventory of-$3,472."

Read more about stockholders' equity

brainly.com/question/14032844

3 0

2 years ago

Al owned a family high-deductible health policy as part of his MSA for the entire year. What is his maximum permitted contributi

Arte-miy333 [17]

Well according to my calculations and 20+ yrs of experience in business your answer should be 15,000

4 0

3 years ago

Vaughn Manufacturing started business in 2012 by issuing 209000 shares of $21 par common stock for $28 each. In 2017, 25500 of t

marshall27 [118]

Answer:

A. $153,000

Explanation:

The Journal Entry is shown below:-

Property Dr, $1,173,000

To Treasure stock $1,020,000

To additional paid-in-capital $153,000

The computation is given below:-

For Property

= 25,500 × $46

= $1,173,000

For Treasure stock

= 25,500 × $40

= $1,020,000

For Additional paid-in-capital

= $1,173,000 - $1,020,000

= $153,000

6 0

2 years ago

Jeremy operates a business as a sole proprietorship. The proprietorship uses the cash method of accounting. He decides to incorp

ollegr [7]

Answer:

$13,000

Explanation:

Given that:

Jeremy operates a business as a sole proprietorship which uses a cash method of accounting. Now he is planning transfer them into a new corporation in exchange for its stock.

The assets are :

$10,000 of accounts receivable with a zero basis

have a basis of $20,000 and an FMV of $40,000

Liabilities

payable of $12,000

The note payable on medical equipment is $7,000.

Therefore , Jeremy's basis for his stock is : $20,000 -$7,000 = $13,000

since that will reduce the basis by amount of the note payable.

The liabilities payable will be deducted and taken care of by the corporation.

8 0

2 years ago

Miguel is planning on serving a roasted vegetable platter at the reception he's catering. Vegetables with _______ are best suite

telo118 [61]

C i believe is correct

5 0

3 years ago

Read 2 more answers