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Pie
3 years ago
13

A corporation had the following assets and liabilities at the beginning and end of this year. Assets Liabilities Beginning of th

e year $124,500 $53,373 End of the year 172,000 69,660 Owner made no investments in the business, and no dividends were paid during the year. Owner made no investments in the business, but dividends were $550 cash per month. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange for common stock. Dividends were $550 cash per month, and the owner invested an additional $35,000 cash in exchange for common stock. Determine the net income earned or net loss incurred by the business during the year for each of the above separate cases: (Decreases in equity should be indicated with a minus sign.).
Business
1 answer:
xenn [34]3 years ago
3 0

Answer:

Hence, the net income earned or net loss incurred by the business during the year $102,340.

Explanation:

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At a chip manufacturing plant, four technicians (A, B, C, and D) produce three products (Products 1, 2, and 3). This month, the
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The term "decision variables" refers to a group of variables that are responsible for regulating the objective function.

The decision variable for the quantity of the product 1, 2, 3 manufactured can be expressed as:

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The objective function used in maximizing the profit is:

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Learn more about objective function for maximizing profit here:

brainly.com/question/12975426

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