Answer: $153,000
Explanation:
Stockholders' equity, also known as shareholders equity, is the book value of the organisation. In other words it is the assets left over after all liabilities have been deducted (Equity = Assets - Liabilities). This equity consists of 2 elements: The ordinary share equity (capital), which is the montary value of the shares issued by an organisation, and retained earnings, which is the amount of income left over after dividends have been paid out. In this case the stockholders equity is calculated as follows:
Opening balance: $136,000
Revenue for September: +$38,000
Expenses: - $21,000
Total: $153,000
Purchased equipment of $5,000 is not included in this figure, as it falls under assets and is accounted as such. Once accounted, then the total assets figure will be used to deduct liabilities from, and the balance must equal the shareholders equity ($153,000) above.
Answer:
Why do you think it's important to think about whether or not
you'd want to do the role responsibilities as they are listed in the
job description?
Explanation:
Answer:
The weighted average interest rate that Colgate faced on its short-term borrowings in 2013 was:
2.2%.
Explanation:
On page 62 of its 10-K annual report for the fiscal year ended December 31, 2013, it specifically reported that "the weighted-average interest rate on short-term borrowings of $13 in 2013 and $54 in 2012 included in Notes and loans payable in the Consolidated Balance Sheets as of December 31, 2013 and 2012 was 2.2% and 1.0%, respectively." To calculate the weighted-average interest rate, we multiply each loan amount by its interest rate to obtain the "per loan weight factor." Then add the per loan weight factors together. Add the loan amounts together. Divide the "total per loan weight factor" by the "total loan amount," and then multiply by 100 to calculate the weighted average.
The innovation of Transportation and Communication act as catalyst for Market Revolution in the 18th Century.
The term "Market Revolution" describes a fundamental transformation to the U.S. economy in the 18th and 19th Century as a result of widespread mechanization of industry and the expansion of various domestic and foreign economic markets.
The revolution brought about an explosive economic growth and new personal wealth in the country.
The impact of the transportation and communication industry brought about the increased improvement in Market Revolution because its speed and lowered the expense of commerce during the period.
Therefore, in conclusion, the Transportation and Communication are the catalyst for the Market Revolution.
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