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2 years ago

Which of the following is not an example of a liability?

Business

2 answers:

algol [13]2 years ago

5 0

Answer:

Explanation:

You are renting so you are temporarily living there, unlike a home owner. They own the home meaning they are responsible for the upkeep. Renters that responsability falls upon the land lord.

finlep [7]2 years ago

3 0

D , because liability means to be responsible for something, especially by law.

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Grason Corporation is preparing a budgeted balance sheet for 2015. The retained earnings balance at December 31, 2014 was $533,5

OlgaM077 [116]

Answer:

D. $605,500

Explanation:

At the end of 2014, the Retained Earning balance was $533,000. This serves as our beginning balance for the year 2015.

Furthermore, Dividends are expected to be paid out, i.e. a deduction on the balance sheet.

Retained Earnings on the 2015 budgeted balance sheet = Beginning Balance + Expected Net Income - Expected Dividend

=533,500+112,000-40,000

=$605,500

7 0

3 years ago

What option will NOT be available if you are behind on loan payments?

Elena L [17]

Answer:

I think the answer is...... A.You can ask to get out of your loan.

Hope i helped :)

Explanation:

6 0

3 years ago

The night before you take an exam, you should

fgiga [73]

Wow thx!!! great tips

6 0

3 years ago

Read 2 more answers

How can data analytics improve the measurement of employees' performance?

N76 [4]

Data analytics can help improve the measurement of employees' performance by allowing a company, management team and employee understand what they can improve on as a whole and what they are doing correctly. The data analytics will allow a company to analyze their current employee performance and compare it with past performances. This will allow the company and the employees to see what and where improvement is needed.

8 0

3 years ago

On January 1, 2021, Gridley Corporation had 375000 shares of its $2 par value common stock outstanding. On March 1, Gridley sold

lesya [120]

Answer:

1,075,000

Explanation:

Weighted average numbers of share account the weightage of outstanding numbers of the share in the year based on the outstanding period.

Outstanding Balances

375,000 share for 2 months

Addition of new 750000 shares on March 1

1,125,000 shares (375,000+ 750,000) for 2 months

Stock dividend of 20% ( 1,125,000 x 20% = 225,000) on May 1

1,350,000 shares (1,125,000+ 225,000) for 3 months

Retirement of 420,000 Shares on August 1

930,000 shares (1,350,000 - 420,000) for 3 months

Issuance of 600000 shares on November 1

1530,000 shares (930,000 - 600,000) for 2 months

Schedule for weighted average numbers of shares is attached please find it.

Download pdf

3 0

3 years ago