Answer:
The Elston's stockholders' equity on December 31, 2014 is $550,000
Explanation:
For computing the stockholder equity, first, we have to find out the ending retained earning balance which equals to
= Beginning retained earning balance + Net income - dividend paid
= $375,000 + $75,000 - $50,000
= $400,000
where,
Net income = Service revenue - operating expenses
= $700,000 - $625,000
= $75,000
Now the stockholder equity equals to
= Common stock + ending balance of retained earning
= $150,000 + $400,000
= $550,000
Answer:
Explanation:
Base on the scenario been described in the question, we can solve the problem by using pareto chat and cumulative complaint line in the image attached below
<span>Alienated follower?
I hope this is right.
</span>
the term base model is generally used to describe a car's bottom-level trim, which often goes unnamed. For example, say a car is sold in three trim levels, the Car, the Car LX and the Car RS.
