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Rina8888 [55]
3 years ago
12

Determine financial statement amounts and prepare owner's equity statement.

Business
1 answer:
bagirrra123 [75]3 years ago
8 0

Answer and Explanation:

a. The first part is presented in the attached spreadsheet

b. The presentation is shown below:

Owner’s equity statement for Alpha Company:-

Particulars                      Amount($)

Opening balance             39,000

Additional investment    9,000

Income from operation    17,000

Available total equity   65,000

Less - Drawings          -15,000

Closing balance           50,000

c) For preparing the financial statements, the first part is to pass journal entries, than positing into ledger after that the income statement is made and then the stockholder equity and balance sheet are made

As the income statement records all revenues and expenses for the company . The same net profit or net loss is shown in the statement of stockholder equity and the closing balances of the retained earning and the common stock are recognized in the balance sheet along with the assets.

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If the Moran Corp. has an ROE of 12 percent and a payout ratio of 20 percent, what is its sustainable growth rate
AleksandrR [38]

Answer:

9.6%

Explanation:

The ROE is 12 %

The payout ratio is 20%

The first step is to calculate tnr retention ratio

= 1-(20/100)

= 1-0.2

= 0.8

The sustainable growth can be calculated as follows

= 12×0.8

= 9.6

Hence the sustainable growth rate is 9.6%

6 0
3 years ago
If $ 9 comma 000 is invested in a certain business at the start of the​ year, the investor will receive $ 2 comma 700 at the end
laiz [17]

Answer:

NPV= 1,036.16

Explanation:

Giving the following information:

Initial investment= $9,000

Cash flows= $2,700 at the end of each of the next four years.

Interest rate= 3%

To calculate the net present value (NPV), we need to use the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

Cf1= 2,700/1.03= 2,621.36

Cf2= 2,700/1.03^2= 2,545

Cf3= 2,700/1.03^3= 2,470.88

Cf4= 2,700/1.03^4= 2,398.92

Total= 10,036.16

NPV= -9,000 + 10,036.16

NPV= 1,036.16

3 0
3 years ago
The prisoners' dilemma is ____________ with a ____________ equilibrium that is not the best outcome for both players.
yan [13]

Regardless of what the other prisoner​ does, the excellent strategy for each prisoner is to confess.

Rationalization:

The prisoner's predicament describes a state of affairs in which prisoners find themselves in an instead complex scenario. in the event that they both deny the crime, they are collectively better off. but, the interrogators offer a deal that forces them towards a confession.

The shortage of belief in a few of the prisoners is so sturdy, that they emerge as confessing. that is made feasible through keeping them remoted from every different and developing incentives to admit. sufficient worry is generated, in addition to the temptation of praise is also given.

Each prisoner gets tempted with the aid of the fast jail term and turn out to be confessing. This simply makes their punishment pretty big, and also well-known for showing critical secrets and techniques to the police.

The collision between the various two prisoners ought to be robust and sufficient for both of them to disclaim. but, this doesn't manifest, and each of them gets lured by means of the police. that is also their dominant method.

Learn more about confessing here

brainly.com/question/26210840

#SPJ4

7 0
2 years ago
Dercole Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated
sineoko [7]

Answer:

$35,706

Explanation:

Machining:  

= Cost ÷ Total MHs

= $43,200 ÷ (7,300 + 2,700) MHs

= $43,200 ÷ 10,000 MHs

= $4.32 per MH

Order Filling:

= cost ÷ Total orders

= $13,900 ÷ (600 + 1,400) orders

= $13,900 ÷ 2,000 orders

= $6.95 per order

Overhead cost for Product N8:

= Machining + Order Filling

= ($4.32 per MH × 7,300 MHs) + ($6.95 per order × 600 orders)

= $31,536 + $4,170

= $35,706

8 0
3 years ago
Within the relevant range of activity ______. variable costs do not change in total, only per unit fixed costs remain constant i
Vlad1618 [11]

Answer:

False

Explanation:

Within the relevant range of activities, total fixed costs remain constant and fixed costs per unit decrease as total output increases. Total variable costs vary depending on total output, but variable costs per unit should remain constant.

On a long term basis, all costs are variable, that is why it is important to consider the range of activities, i.e. output levels.

6 0
3 years ago
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