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
slega [8]
2 years ago
11

The Baldwin Company currently has the following balances on their balance sheet: Total Assets $256,555 Total Liabilities $149,32

0 Retained Earnings $49,793 Suppose next year the Baldwin Company generates $44,200 in net profit, pays $12,000 in dividends, total assets increase by $55,000, and total liabilities remain unchanged. What will ending Baldwins balance in Common Stock be next year
Business
1 answer:
algol [13]2 years ago
8 0

Answer: $80,242

Explanation:

Common stock = Assets - Liabilities - Retained earnings

Assets next year = 256,555 + 55,000

= $311,555

Liabilities remain unchanged.

Retained earnings

= Opening retained earnings + Net income - dividends

= 49,793 + 44,200 - 12,000

= $‭81,993‬

Common stock next year;

= 311,555 - 149,320 - 81,993

= $80,242

You might be interested in
In which instance will total revenues decline? Multiple Choice price increases and Ed equals -.41 price increases and demand is
liraira [26]

Answer:

price increases and Ed equals -2.47

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Demand is inelastic if a change in price has little or no effect on quantity demanded. The absolute value of the coefficient for inelastic demand is less than 1.

If price increases and demand is inelastic, total revenue would increase because there would-be little or no change in quantity demanded as a result of the price increase.

Demand is elastic if a small change in price has a greater effect on the quantity demanded.

The absolute value of the coefficient for elastic demand is greater than 1.

If demand is elastic and price is increased, revenue would fall because of the decease in quantity demanded.

If demand is elastic and price is deceased, revenue would rise because of the increase in Quanitity demanded as a result of the fall in price.

Demand is unit elastic if a change in price has the same proportional effect on quantity demanded. The absolute value of the coefficient for unit elastic demand is one.

I hope my answer helps you

8 0
3 years ago
matt, a shareholder, can run for director by simply placing his name on the company's proxy statement. True or False?​
IgorLugansk [536]
False

Reason: A Shareholder cannot go for the director's by writing his name on the proxy Statement. Instead he has to place his name on the AGM or Annual General Meeting, where Shareholders meet, propose for their plans and Vote for The Company's Director.
6 0
3 years ago
Which of the following best describes what investment is?
antoniya [11.8K]
The most likely answer is option 3
3 0
3 years ago
Original car dealership getting ready mass marketing TV advertisements emphasizing a tight end luxury vehicles the region this c
Tpy6a [65]
Yes amazing work buy stocks and lower prices but 30p0
6 0
2 years ago
Successful business strategies generate value. Creating value lays the foundation for the important benefits that economies can
olya-2409 [2.1K]

The main thing which superior performance allows a firm to do is:

  • reinvest some of its profits in gaining more resources and thus grow.

<h3>What is Business Strategy?</h3>

This refers to the creation and maintenance of competitive advantage of a particular market against other competitors which gives a particular business an edge in the market.

With this n mind, we are told that successful business strategies generate value and then if they are able to leverage on this, then they can reinvest the profits.

Read more about business strategies here:
brainly.com/question/25686320

6 0
2 years ago
Other questions:
  • Which type of malware could appear to be desirable to the user
    14·1 answer
  • "In the context of international trade, _____ is defined as selling goods in a foreign market at a price below their costs of pr
    12·1 answer
  • In which industry is monopolistic competition most likely to be​ found?
    9·1 answer
  • A cost imposed on someone who is neither the consumer nor the producer is called a
    8·1 answer
  • The market situation of a monopolistic competitor is made more complex than our simple revenue-and-costs graphs would suggest, b
    10·1 answer
  • Adieu Enterprises, based in Toronto, decides to expand into the South American market. To do so, it establishes a separate opera
    11·1 answer
  • Ethan's Eggroll House, a calendar year corporation, purchased a new computer and printer in January for $1,500. In February, the
    6·1 answer
  • How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?
    5·1 answer
  • What is an essential feature of a market economy?
    13·1 answer
  • Bald Eagle, Inc., had the following transactions for the year ended December 31, Year 7. Select from the options list provided t
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!