1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
soldi70 [24.7K]
3 years ago
8

Accounting Equation

Business
1 answer:
baherus [9]3 years ago
8 0

,Answer:

  • a. $420,000
  • b. $473,000

Explanation:

a. Stockholders' equity December 31, 2017

Assets = Equity + Liabilities

529,000 = Equity + 127,000

Equity = 529,000 - 127,000

= $402,000

b. Stockholders' equity in 2018:

Assets = Equity + Liabilities

(529,000 + 101,000) = Equity + (127,000 + 30,000)

630,000 = Equity + 157,000

Equity = 630,000 - 157,000

= $473,000

You might be interested in
Dakota Company had net sales (at retail) of $260,000.
disa [49]

Answer:

$35,860  

Explanation:

The computation of the ending inventory using the retail inventory method is shown below

Particulars                      Cost          Retail

Opening Inventory(A)   $63,800    $128,400

Purchases(B)                 $115,060    $196,800

Goods available

C=(A-B)                         $178,860     $325,200

Cost ratio

($178,860 ÷ $325,200 × 100) 55%  

Sales at retail (D)                            $260,000

End, Inventory at Retail                     $65,200

($325,200 - $260,000)

End, Inventory at Cost    $35,860  

($65,200 × 55%)

8 0
3 years ago
Help i'm desperate time is tight
ioda
C is the correct answer
6 0
3 years ago
Which of the following is an example of consumer problem behavior?
Dahasolnce [82]

Answer:

E. Johnathan eats alone because he feels guilty about his binge-eating habits and gets worked up when waiters attend to him.

Explanation:

Johnathan is not happy with his habit of binging food.This made him to act like seating alone while eating and he gets worked up when he is attended by waiters

7 0
3 years ago
The Endangered Species Act, passed by Congress nearly four decades ago, has spawned a continuous series of debates between those
WINSTONCH [101]

Answer:

anthropocentrists and ecocentrists

Explanation:

Ecocentrism exposes a love towards nature as a total abstract being; It is related to the Gaia hypotheses. Unlike anthropocentrism, that sensocentrism and that biocentrism, ecocentrism is concerned with preserving ecosystems and species, not preserving the lives of specific individuals.

Ecocentrist environmentalism differs from anthropocentric environmentalism in that the former gives priority to the conservation of species and ecosystems over the conservation of individuals - including human beings - with the latter giving priority to the human being over the conservation of species and ecosystems, defending conservation only for the benefit of humans.

8 0
3 years ago
Legazint, a law firm, organizes its staff into departments based on the type of clients the department deals with. These departm
Ksenya-84 [330]

Legazint most likely follows <u>b. a customer-based division</u>.

<u>Explanation:</u>

The customer-based division is generally followed in an organization to split the functional areas based on the customer demand. This is mainly followed due to increase in production and sales. The working departments are classified into separate categories.

In the above scenario, customer-based division is followed in the law firm. This was done for the facilitation of the clients. The staffs are organized into separate departments based on the client demands. The common departments are federally incorporated organizations, partnerships, corporations, sole proprietorship and limited liability companies.

6 0
3 years ago
Other questions:
  • Christina is evaluating Maximum Brands as an investment opportunity. She is very concerned about future financial performance by
    15·1 answer
  • A disadvantage associated with obtaining goods and services externally includes:
    13·1 answer
  • n the 1930s, what caused Canada to respond by raising its tax on goods imported from the United States? the Glass-Steagall Act t
    11·1 answer
  • Bingo Corp. signed a promissory note of $1,000 for one of its vendors in exchange for supplies. $100 cash payment is due upon si
    11·1 answer
  • Suppose you buy clothes at Mimi's Clothing Shop. Your spending is Mimi's _____.
    5·1 answer
  • On September 1, 2021, Gold Gaming sold 400 one-year subscriptions to its online gaming website for $90 each. The total amount re
    9·2 answers
  • This is 1 question do not delete, mods. how am I supposed to separate a connect the lines thing without knowing the answers
    15·1 answer
  • The following information was drawn from the balance sheets of the Kansas and Montana companies: Kansas Montana Current assets $
    14·1 answer
  • 5 quality attributes of cassava root
    13·1 answer
  • Continuing the analysis of Ginnie's Gym Refreshment Bar:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!