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
Ostrovityanka [42]
3 years ago
11

Nelson Company experienced the following transactions during Year 1, its first year in operation. Acquired $6,200 cash by issuin

g common stock. Provided $2,500 of services on account. Paid $1,650 cash for operating expenses. Collected $2,000 of cash from customers in partial settlement of its accounts receivable. Paid a $110 cash dividend to stockholders. What is the balance of the retained earnings that will be reported on the balance sheet as of December 31, Year 1
Business
1 answer:
Goshia [24]3 years ago
8 0

Answer:

$740

Explanation:

The balance of retained earnings that would be reported on the balance sheet as of December 31 year 1 is computed as;

= Services provided on account - cash paid for operating expenses - cash dividend paid to stockholders

= $2,500 - $1,650 - $110

= $740

You might be interested in
A tax of $0.25 is imposed on each bag of potato chips that is sold. The tax decreases producer surplus by $600 per day, generate
Karolina [17]

The tax create a deadweight loss of $15 per day.

<h3>What is tax revenue?</h3>

A tax revenue means the sum derived from tax payers.

Dead weight loss = 0.5 * (P2 - P1) * (Q1 - Q2)

Dead weight loss = 0.5 * 0.25 * 120

Dead weight loss = $15

Hence, the tax creates a deadweight loss of $15 per day.

Therefore, the Option C is correct.

Read more about tax revenue

<em>brainly.com/question/25641320</em>

6 0
2 years ago
Which of these examples demonstrate common qualifications for Information Support and Services careers? Check
Damm [24]

Answer:

146

Explanation:

5 0
3 years ago
Read 2 more answers
3. Franchising is widely used in the casual dining and fast food industry, yet Starbucks is quite successful with a large number
Softa [21]

Starbucks doesn't franchise.

Explanation:

Starbucks doesn't franchise because they want to run their own stores and can control the quality and profits.

In addiction, franchising is a way for companies to expand fast with less money. Starbucks is relying on their name to continue its success and growth. According to Starbuck's investor report , "Seattle's best coffee brand does offer franchise opportunities to qualified and select applicants , using a predefined set of criteria and focusing on multi-unit franchisees with a proven track record of success."

Starbucks pursues join ventures. Starbucks can be found in several grocery stores and retail stores. Starbucks has the name tights  but it is using the location of these venues to promote the product and introduce new customers in the Starbuck's pool.

3 0
3 years ago
First job interview tips / advice - 20 pts
algol [13]

A job interview isn't simply a test of your knowledge; it's also a test of your ability to use it appropriately. Understanding the major areas on which you should concentrate when preparing for your first job interview is essential. I'll guide you through some of the most crucial elements to consider while preparing for your first interview.

<h3><em>So, let’s begin….</em></h3>

1. On your resume, be honest.

  • In your CV, don't lie about anything. If you lie, you will lack confidence while answering questions on that issue, and you will become uneasy as a result. So, just tell it like it is.
  • By lying, you are undermining your knowledge and talents, which you have worked hard to acquire.
  • Emphasize your talents and your readiness to learn new skills if you don't have any.

2. Prepare your introduction well:

  • Make a self-introduction that you should be able to finish saying in 1 minute 30 seconds once you've finished preparing your resume. Self-introductions that are too long are not heard and may appear uninteresting.
  • Make your strengths, whether technical or non-technical, stand out.
  • Be detailed with your self-introduction since it can help you make a positive first impression.

3. Always keep a backstory for some answers:

  • Some questions, such as strengths and shortcomings, need a history to support your response. In most cases, a history to support your response helps both you and the interviewer understand how you are overcoming that limitation. The same may be said about strengths.

4. Always proofread your resume:

  • Check your resume twice. Make sure that it does not have any kind of grammatical errors or spelling mistakes.
  • Errors in resume make a bad impression.

5. Have a fundamental understanding of the company:

  • Read up on the company's profile that you'll be applying for. Read about the many industries that the firm operates in, the CEO's name, where the company is situated, why the company was recently in the news, and so on.
  • Believe me when I say that if you answer these questions correctly, you will make a great first impression. It demonstrates that you are aware of and interested in the company's work.

6. Make sure you're ready for the technical round:

  • Make a list of the most often requested technical questions. This should be done three to four days before the interview. Prepare responses and make sure to cover all of the fundamentals of the areas you stated on your CV.
  • Also, be prepared to answer questions about your final year project. Revise the flow chart diagrams and, if applicable, block diagrams, since they are easier to explain in a shorter amount of time.

7. HR Round:

  • The HR round is really important. Look for the most frequently asked HR questions (you can get them from various sources). Prepare a few words to support your answer or point of view for each response.

8. Choose and prepare your outfit the day before:

  • Wear a dress that is both comfy and ironed. Look at the executives on the about me page if you're unsure. That's how you should dress.
  • Maintain a polished and understated appearance. Don't go overboard with the accessories.

Important details to keep in mind (before, during, and during the interview):

- Maintain a cheerful and self-assured attitude.

- Emphasize appropriate body language by sitting in a proper posture and maintaining eye contact. Maintain a friendly demeanor and a small grin on your face.

- Be truthful

- Arrive on time

- All you have to do is give it your all. If you give it your all and still don't get the job, that's life.

- Be courteous

- Pay attention to what they're saying and pay attention to what they're saying. If you don't understand a question, politely inquire for clarification.

Simply keep these things in mind and plan beforehand. Give it your all and don't give up until you succeed.

I hope this helped

4 0
2 years ago
As a result of an increase in the growth rate of the money supply: __________
sweet-ann [11.9K]

Answer:

Real GDP growth increases only in the short run, and the inflation rate increases in both the short run and the long run.

Explanation:

An increase in the growth rate of money supply will result in an increase in inflation in both the short run and the long run.

Long run growth of the real GDP growth depends on the effective use of resources and technology, not the money supply.  

A small increase in the money supply is always needed to support economic growth, that is why one of the few ideas that most economists agree upon is that the inflation rate should be between 1.5 - 2% per year.

4 0
3 years ago
Other questions:
  • Vicky asks walt, a cobbler, to repair a pair of boots. there is no discussion of a price, and vicky and walt do not sign any doc
    9·1 answer
  • Consider the following items: • Land • Accounts Receivable • Notes Payable (due in three years) • Accounts Payable • Retained Ea
    13·1 answer
  • What is exchange rate risk?
    12·1 answer
  • The Arnold National Bank has a bond portfolio that consists of bonds with 5 years to maturity and a 9% coupon rate. These bonds
    8·1 answer
  • Journ Co. purchased short-term investments in available-for-sale securities at a cost of $64,000 on November 25, 2017. At Decemb
    8·1 answer
  • On April 12, Hong Company agrees to accept a 60-day, 8%, $8,100 note from Indigo Company to extend the due date on an overdue ac
    15·1 answer
  • The stock of Business Adventures sells for $40 a share. Its likely dividend payout and end-of-year price depend on the state of
    12·1 answer
  • You work for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their products
    11·1 answer
  • If the natural unemployment rate is 7 percent and the current unemployment rate is 5 percent, then the economy is
    9·1 answer
  • Outsourcing some production is a means of supporting a constraint. Group of answer choices TRUE FALSE
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!