<u>Calculation of amount of stockholders' equity at the end of the year:</u>
At the beginning of the year, Morales Company had total assets of $816,000 and total assets increased $178,000 during the year, hence Total Assets at the end of the year shall be 816000+178000 = $994,000
At the beginning of the year, Morales Company had total liabilities of $526,000 and total liabilities decreased $82,000 during the year. Hence Total Liabilities at the end of the year shall be 526000-82000 = $444,000
Now we can calculate amount of stockholders' equity at the end of the year as follows:
Equity = Assets – Liabilities
= 994,000-444,000
= $550,000
Hence, the amount of stockholders' equity at the end of the year shall be <u>$550,000</u>
Answer:
In this case, the broker:
b. may not show the buyer homes in the other state without a non-resident license.
Explanation:
A state line is a boundary that defines one state from another. States are defined by the state line that encloses them.All states in the United States have specific rules that govern their social, political and economic welfare. Conducting a business in a state requires that one has to firstly get information on the laws that regulate business activities in the area. The most common document that one needs to operate a business in any given state is a business license. The business license gives one the legal right to conduct his/her duties in the particular state.
Operating in a state has to be understood before determining whether or not one will need some kind of legal right to conduct his/her business. The requirements for one to qualify as operating in a state are;
1. When one owns property in that state.
2. Having facilities in that state where formal meetings regularly take place
3. Selling in the state using a party directly related to your business
4. When an individuals owns a bank account in that state
In our case, since the brokers action can be termed as business related and he/she is not a resident of any of the adjoining states, the broker has to have a non-resident license to show the buyer homes in those states.
<span>One composite commodity is produced.
</span><span>Output is regarded as net output after making allowance for the depreciation of capital.
</span><span>There are constant returns to scale. In other words, the production function is homogeneous of the first degree.
</span><span>The two factors of production, labor and capital, are paid according to their marginal physical productivities.
</span>
Answer:
Explanation:
Rate of return = 4.83%
inflation rate =3.55 %
marginal tax bracket = 25 %
after tax rate of return = 4.83 ( 1 - .25 ) = 3.6225 %
after tax inflation rate = 3.55 (m 1 - .25 ) = 2.6625 %
real rate of return = [ (1+3.6225% /1+ 2.6625%) - 1 ] x 100
= .0093 x 100 = .93 %
Total monetary return = 30000 x 3.625 %
= 1087.5
Rate of return is more than rate of inflation , for short term perspective staying invested in money market investment is good option . Real rate of return is not negative at least .
