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nalin [4]
3 years ago
11

If beginning capital was $110,000, ending capital was $95,000, and the owner's withdrawals were $10,000, the amount of net incom

e or net loss was a Question 10 options: net income of $15,000. net loss of $5,000. net loss of $15,000. net income of $5,000.
Business
1 answer:
inysia [295]3 years ago
6 0

Answer:

The answer is option B. Net loss of $5,000

Explanation:

Beginning capital = $110,000

Withdrawal = $ 10,000

Capital left = $110,000 - $ 10,000 = $100,000

Ending capital = $95,000

Since the ending capital is less than the beginning capital, there is a loss.

net loss = $100,000 - $95,000 = $5,000

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For what type of financial aid can you apply through the FAFSA?
Delvig [45]

Answer:

You use it to apply for Federal student financial aid, such as grants, loans, and work-study.

Explanation:

Hope it helps and have a good day

8 0
3 years ago
Read 2 more answers
Austin always saves 65% of the money he earns from mowing lawns. find the expression that represents the amount of the money Aus
kotykmax [81]

Answer:

y=.65x

Explanation:

this is for if its a x/y statement in which the value of y is 65% of the amount he earns in total which is the amount he saves total so that would be .65 of x

6 0
2 years ago
Read 2 more answers
Dominique, an executive chef in a large hotel, recently attended a training conference sponsored by several top professionals in
gavmur [86]

Answer:

The correct answer is letter "B": learning.

Explanation:

Learning organizations are those that share and use knowledge in such a way that all their members, without exception, can take advantage of it to face changes. Learning organizations promote constant training and the spread of information across all their layers.  

Learning organizations also look for developing employees' skills, incentivize a shared vision, foster teamwork, and generate systemic thinking to understand all the aspects of the institution.

3 0
3 years ago
Consider a profit-maximizing firm in a competitive industry. Under which of the following situations would the firm choose to pr
Mandarinka [93]

Answer:

Option (a) and (b) are considered or correct.

Explanation:

Under the following two conditions, a firm in a perfectly competitive market produces at a point where the marginal revenue is equal to the marginal cost:

(i) Minimum AVC < Price < minimum ATC : Yes

In this case, a firm may suffer a loss but it will be able to cover its minimum average variable cost. Hence, this firm continue operating in this market and if he shut down its operation then he may suffer a larger loss. Therefore, it chooses to continue operating under this market conditions.

(ii) Price > minimum ATC : Yes

In this case, the price received by the seller is greater than the minimum average total cost. Therefore, the firm is able to cover all of its cost of production and earning an economic profit. Hence, it obviously chooses to continue its operation.

The third option is not considered here because in this case, the firm won't be able to cover its variable cost.

3 0
3 years ago
In previous years, Cox Transport reacquired 4 million treasury shares at $22 per share and, later, 2 million treasury shares at
crimeas [40]

Answer:

$8 million

Explanation:

Weighted-average cost = [(4,000,000 × $22) + (2,000,000 × $25)] ÷ (4,000,000 + 2,000,000) = $23

Increase in paid-in capital - share repurchase per share = selling price —Weighted-average cost = $27 - $23 = $4

Amount of increase in paid-in capital—share repurchase = Number of treasury shares × $4 = 2 million × $4 = $8 million

Therefore, Cox’s paid-in capital - share repurchase will increase by $8 million.

3 0
4 years ago
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