Which phrase best completes the diagram?

The Baldwin Company currently has the following balances on their balance sheet:

alekssr [168]

Answer:

Total assets next year = $194,136

so correct option is A. $194,136

Explanation:

given data

Total liabilities = $72,303

Common Stock = $11,775

Retained Earnings = $88,558

net profit = $36,500

dividends = $15,000

to find out

total assets be next year

solution

we get here Assets for current year that is express as

Assets for current year = Total liabilities + Common stock + Retained earnings ......................1

put here value we get

Assets for current year = $72,303 + $11,775 + $88,558

Assets for current year = $172,636

and

now we get Net addition to assets next year that is

Net addition to assets next year = Net Profit – Dividends ...............2

put here value

Net addition to assets = $36,500 - $15,000

Net addition to assets = $21,500

so as that Total assets next year will be

Total assets next year = Opening assets + Net addition ............3

Total assets next year = $172,636 + $21,500

Total assets next year = $194,136

so correct option is A. $194,136

8 0

3 years ago

Assume a single taxpayer is taxed at 10% on the first $9,275 of taxable income, 15% on the next $28,375 of income, and at 25% fo

Ksenya-84 [330]

Answer:

14.93%

Explanation:

Given:

For taxable income $9,275, tax rate = 10%

For taxable income $28,375, tax rate = 15%

For taxable income $53,500, tax rate = 25%

Now,

Tax on income = tax rate × taxable income

thus,

Total Tax on first $9,275 = $9,275 × 10% = $927.5

and,

Total tax on next $28,375 = $28,375 × 15% = $4,256.25

Therefore, the total income that has been taxed till the $9,275 + $28,375

= $37,650.

and, the amount left to be taxed = $42,000 - $37,650 = $4,350

Thus,

Tax on remaining $4,350 = $4,350 × 25% = $1,087.5

Total tax = $927.5 + $4,350 + $1,087.5 = $6,365

Therefore,

The average tax rate = $\frac{\textup{Total tax}}{\textup{Taxable income}}\times100$

or

The average tax rate = $\frac{6,365}{42,000}\times100$

or

Average tax = 14.93%

6 0

3 years ago

Social capital facilitates _______________. a. how the organization will spend its money b. the decision of whether to adopt a n

zvonat [6]

Answer: Option C

Explanation: Social capital refers to the additional success an organization get due to its positive relationships and communication network both within and outside the organisation. It is not a decision making but an ongoing process and is considered necessary in modern business environment.

The media houses could affect the business operations at a high level. Thus, positive relationships with the media houses can bring the organisation an edge over its competitors.

As it is related to relationship building and management it could be facilitated by the social capital.

7 0

3 years ago

Think about choices to include and choices to avoid when developing a mission statement. Drag and drop each of the following phr

sergeinik [125]

Answer and Explanation:

The categorization is as follows:

For Poor Mission Statements:

1. Lists all or all kinds of the products the organization sells

2. is product-oriented

3. is very broad or wide

4. is less or lower than seven words

For Good Mission Statements:

1. Addresses customers the organization serves

2. Is meaningful and relevant

3. Is specific and determined

4. Describes the business the organization is in

5. is market-oriented

6. States what the organization wants to accomplish or achieve

8 0

2 years ago

When a scientific number is the result of a measurement using equipment such as a balance, the last digit is ______?

zhuklara [117]

The answer is <span>the last digit is "estimated".
</span>
The Scientific notation or configuration shows a number in exponential notation, by replacing some portion of the number with E+n, where E (which remains for Exponent) duplicates the first number by 10 to the nth power. For instance, a 2-decimal Scientific notation shows 12345678901 as 1.23E+10, which is 1.23 times 10 to the tenth power. Hope this helps!

5 0

3 years ago