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
BaLLatris [955]
3 years ago
9

Waterway Industries started the year with $66000 in its Common Stock account and a credit balance in Retained Earnings of $48400

. During the year, the company earned net income of $52800, and declared and paid $22000 of dividends. In addition, the company sold additional common stock amounting to $30800. As a result, the balance in retained earnings at the end of the year would be
Business
1 answer:
Degger [83]3 years ago
8 0

Answer:

$79,200

Explanation:

The computation of retained earning at year end is seen below;

= Opening retained earning balance + Net income - dividend paid

= $48,400 + $52,800 - $22,000

= $79,200

Therefore, the retained earnings balance is $79,200

You might be interested in
Despite some optimism about the seeds of recovery, the Congressional Budget Office (CBO) sees joblessness rising. The CBO sees u
Xelga [282]

Answer:

The resulting rise in unemployment is mostly a rise in __cyclical____ unemployment because it is related to the state of the economy.

Explanation:

Frictional unemployment occurs as a result of workers' search for or transition to new jobs.  It is brief and does not leave a mark on the economy.  Structural unemployment comes about when the skills of workers do not match the requirements of employers.  Therefore, workers require retraining and reskilling.  Cyclical unemployment relates to the macro-economic situation that is prevailing during periods of recession.

5 0
3 years ago
The current market value of the assets of ABCD is $86.28 million. The call option value on the firm's assets is $53.09 million.
Temka [501]

Answer: $33.19 million

Explanation:

From the question, we are informed that the current market value of the assets of ABCD is $86.28 million and that the call option value on the firm's assets is $53.09 million.

The market value of the firm's debt will be the difference between the market value of assets and the call option value of the firm's assets. This will be:

= $86.28m - $53.09m

= $33.19 million

6 0
3 years ago
Suppose the typical Buffalo Bills fan has the following demand curve for Bills football games: P = 120 – 10G where G is the numb
Vika [28.1K]

Answer:

(a) If the Bills want to sell tickets to all 8 games by selling eight individual tickets, they have to set the price P = 120 − 10(8) = 120 − 80 = $40. This yields revenue of $40(8) = $320 from each fan.

(b) If the Bills practice second degree price discrimination, they can effectively charge

P = 120 − 10(1) = 120 − 10 = $110 for single games,

P = 110 + 100 + 90 + 80 = $380 = $95/ticket for a 4-game package, and

P = 110 + 100 + 90 + 80 + 70 + 60 + 50 +40 = $600 = $75/ticket for an 8-game package.

4 0
3 years ago
A form of comparative analysis where customers show their opinions of another firm’s strengths vis-?-vis their competitors is a
Bezzdna [24]
The answer to this question is the term perceptual map. A pepceptual mapping is a technique used by marketers to visually map the customer's and possible customer's perception to a product versus to its competitor into a diagram. Perceptual mapping is also known as market maps. In perceptual mapping it also an analysis where the customers shows about an opinions of the competitors strenghts over them.
3 0
3 years ago
How will a drastic fall in the price of necklaces affect the quantity of necklaces that rachel supplies? explain your answer. 12
Eduardwww [97]

Price and quality exist positively correlated.  A drastic fall in the price of a necklace shows a drastic fall in its quality.

<h3>What is price?</h3>

A price exists as the quantity of payment or compensation provided by one group to another in return for goods or services. In some situations, the price of production has various names. If the product exists as a "good" in the commercial exchange, the payment for this product will likely be named its "price".

A positive correlation exists as a connection between two variables that move in tandem—that is, in the same direction. A positive correlation exists when one variable decreases as the other variable declines or one variable increases while the other increases.  A positive correlation indicates that both variables change in the same direction. A negative correlation indicates that the variables change in opposite directions. A zero correlation signifies there's no association between the variables.

Price and quality exist positively correlated. The price of a product stands as a good indicator of its quality. You always have to spend a bit more for the best. The marketing literature has managed the usage of price as a surrogate for quality as a decision-making heuristic. That exists; the higher the price, the higher the quality.

Therefore, a drastic fall in the price of a necklace shows a drastic fall in its quality.

To learn more about positive correlation refer to:

brainly.com/question/17104826

#SPJ4

5 0
1 year ago
Other questions:
  • All of the following statements about the geography of meat production in the United States and Canada are true EXCEPT:
    7·1 answer
  • Suppose all banks are subject to a uniform reserve requirement of 20 percent and that the union bank has no excess reserves. if
    12·1 answer
  • Bypassing regular sales channels in favor of Internet retailing can have strong appeal if it A. D) includes partnering rather th
    6·1 answer
  • In the short run,
    15·1 answer
  • Which type of intellectual property can protect your company's logo?
    7·2 answers
  • How is a significant amount of consignment inventory reported in the balance sheet? a)The inventory is reported separately on th
    12·1 answer
  • The Chicago National League Ball Club (Chicago Cubs) operated Wrigley Field, the Cubs’s home park. Through the 1965 baseball sea
    15·1 answer
  • PLEASE HELP WILL GIVE BRAINLIEST TO CORRECT ANSWER
    7·1 answer
  • Arena Corp. leased equipment from Bolton Corp. and correctly classified the lease as a finance lease. The present value of the m
    15·1 answer
  • Mauritiana uses standard costing for her shawls. She expects that a typical shawl should take 4 hours to​ produce, and the stand
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!