Answer:
RETAINED EARNINGS = $364,700
Explanation:
Retained earnings are nothing but the profit that a corporation earns up to a specific date. In the question we have been given the retained earnings of the previous year ( 31 December, 2013) and we have to calculate the retained earnings for the present year (31 December, 2014). For this calculation would be like -
RETAINED EARNINGS ( 2013) - $340,800
+
NET PROFIT - $56,500
-
DIVIDEND PAID - $32,600
RETAINED EARNINGS (2014) = $340,800 + $56,500 - $32,600
= $364,700
Answer:
Difference in difference estimate = 50 - 5% = 45 %
Explanation:
a) Data and Calculations:
Market A Market B
Sales 240 410
Sales rise 360 430
Rise difference 120 20
Percentage of rise 50% 5%
120/240 x 100 = 50%
20/41 x 100 = 4.878% or 5%
Therefore, the Difference in difference estimate = 50 - 5% = 45 %
One can then say that the free warranties in market A brought about a difference in difference of 45% in Market A when compared to the no warranties in Market B. This can be seen from the presented data. Sales in A rose from 240 units to 360 units, an increase of 120 units or 50%. Sales in market B only rose from 410 to 430, an increase of 20 units or 5%. This difference in difference estimator shows the effect of the free warranty on market A and market B. This means that the firm could do better by introducing the free warranties for its product in market B, all things being equal.
Answer:
A fully rented apartment building
Explanation:
Capital assets are a term that describes substantial portions of property including homes, cars, stocks, bonds, etc. In other words, specifically in business, a capital asset is defined by its valuable life which is extended than a year and is not planned for sale at a typical period of business's operation.
Hence, in this case, the right answer is A fully rented apartment building
Jean told her stockbroker to purchase 300 shares of stock of company abc at $20 per share. The fee that the stockbroker charges for this service is called Commission. Hence, option D is correct.
<h3>Who is stockbroker?</h3>
Stockbroker is the person who execute the shares and invest in them on the behalf of their clients. Stockbroker has certain knowledge about the trading of shares, so using their ability of understanding the stock market.
Many of the stockbroker works for the firm or company and handle their customer's accounts and do tradings.
Thus, option D is correct.
For more details about Stockbroker, click here:
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a. Dividend
b. Yield
c. Net Proceeds
d. Commission
Answer:
The days' sales in receivables are B.148.37 days
Explanation:
The days' sales in receivables is calculated by using following formula:
The number of days' sales in receivables = 365/Accounts receivable turnover
In there:
Accounts receivable turnover = Net Credit Sales /Average Accounts Receivable
E-Shop, Inc. has net sales on account of $1,500,000 and average net accounts receivable of $610,000.
Accounts receivable turnover = $1,500,000/$610,000 = 2.46 times
The number of days' sales in receivables = 365/2.46 = 148.37 days