Supplies expense is $11,400.00.
Expenses = Beg Inv + Addl Inv - Remaining
= 5,100 + 12,400 - 6,100
= 11,400
Answer:
The correct answer is gross income multiplier.
Explanation:
Gross income multiplier is the figure used as a multiplier of the annual gross income of a property to produce an estimate of the value of the property. Number used to estimate the Value of a Property. Gross property income is multiplied by this figure.
Answer:
The total stockholder's equity at the end of the year will be $352,000.
Explanation:
The issue of common stock at $7/share= 14,000*$7=$98,000
The issue of common stock at $8/share= 28,000*$8=$224,000
The net income is $140,000.
The dividends paid= $70,000.
Purchase of treasury stock= 4000*$10=$40,000
The total stockholder's equity
=The issue of common stock at $7/share+The issue of common stock at $8/share+The net income-The dividends paid-Purchase of treasury stock
=$98,000+$224,000+$140,000- $70,000-$40,000
=$352,000.
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