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
jeka57 [31]
2 years ago
15

On january 1 of the current year, jimmy's sandwich company reported stockholders’ equity totaling $132,500. during the current y

ear, total revenues were $115,000 while total expenses were $104,500. also, during the current year paid $39,000 in cash dividends. no other changes in equity occurred during the year. if, on december 31 of the current year, total assets are $215,000, the change in total stockholders’ equity during the year was:
Business
1 answer:
Georgia [21]2 years ago
4 0
<span>The change in the stockholders' equity during the given year was $111,000. Working out the math, if you take the $132,500 reported investor equity at the beginning of the year and add the $115,000 in total revenues to that, minus the $104,500 in expenses and $39,000 in cash dividends you get $104,000. Take the total calculated assets of $215,000 at the the end of the year, subtract the difference between $215,000 and $104,000 and the answer is $111,000.</span>
You might be interested in
which describes the economic role of a worker? a buys goods and services b provides goods and services c is uninterested in good
maria [59]

Answer:  b provides goods and services

Explanation: I m pretty positive this is the ans bye

3 0
3 years ago
Compute the continuously compounded interest rate for 228 days where the ACT/365 interest rate is 2.92%. Give your answer to fou
Nikitich [7]

Answer:

The answer is 1.8407.

Explanation:

To calculate interest rate for 228 days we will first calculate daily rate and than put value in compounding rate formula.

Daily interest rate = 2.92%/365 = 0.008 %

Interest rate 228 = (1+I%)^n -1

Interest rate 228 = (1+0.008%)^228-1  = 1.8407%

3 0
2 years ago
Herbert gained most of the capital for his new start-up project by posting a small demonstration of his product on a website tha
qwelly [4]

Answer:

d. was able to fund his project through seed money.

Explanation:

Seed money or seed funding is the first fund or seed that is obtained for a new business idea. Mostly seed money is obtained from friends, family, and colleagues.

Herbert had a great idea by presenting a demonstration of his product on a website, attracting people with interest to fund the start-up.

8 0
3 years ago
Assume that chips cost $1 and soda costs $2. If the consumer has $14, the combination of goods that would maximize his utility p
ddd [48]

Answer:

The remaining amount that the consumer would have would be $11

Explanation:

If the person originally had $14 but spent $3 all together on their items they would remain with the amount of $11.

(I hope this helps, I'm not sure if it's exactly what you were looking for but it's something so...)

3 0
3 years ago
Assume that a 10-year Treasury bond has a 12% annual coupon, while a 15-year T-bond has an 8% annual coupon. Assume also that th
Lady bird [3.3K]

Answer:

A)If interest rates decline, the prices of both bonds will increase, but the 15-year bond would have a larger percentage increase in price.

TRUE

As it has more time to maturity it will have a higher time expose to the rate therefore, will be more volatile against the rate fluctuations

Explanation:

The 10-year ond is issued at premium, above par as the coupon rate 12% is higher than market rate 10%. Each year will decrease the market value to come closer to maturity date.

The 15-year ond is issued at discount, below par as the coupon rate 8% is lower than market rate 10%. Each year will increase the market value to come closer to maturity date.

3 0
3 years ago
Other questions:
  • If we could accurately forecast interest rates, financing decisions would be easy. Although it's difficult to predict future int
    9·1 answer
  • The present value of an ordinary annuity is:
    11·1 answer
  • Metlock Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. 1/1 - Beginn
    10·1 answer
  • What is a "social cost" of production?
    13·1 answer
  • T. Bina and M. Valley are partners with equal capital balances of $50,000 each. They agree to let R. Smith invest $20,000 in the
    15·1 answer
  • Howard has a chemical burn from accidentally spilling a strong basic cleaning solution onto his arm. It causes a small burn mark
    10·1 answer
  • An insured has a primary group health plan and an excess plan, each covering losses up to $10,000. The insured suffered a loss o
    8·1 answer
  • Which of the following is not a benefit of marriage, according to the U.S. Department of Health and Human Services?
    14·1 answer
  • Which would you use to estimate the demand for a product at various prices?
    13·1 answer
  • In the quantity discount model, the optimum quantity will always be found on the lowest total cost curve.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!