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Aneli [31]
3 years ago
10

During the current year, assets increased from $11,000 to $19,000, and liabilities decreased from $9,000 to $7,500. If no additi

onal capital contributions were made during the year, dividends totaled $4,000, and expenses totaled $21,000, determine total revenues for the year
Business
1 answer:
garik1379 [7]3 years ago
6 0

Answer:

$34,500

Explanation:

Calculation to determine total revenues for the year

Using this formula

Total revenues=Increase in Assets+Decreased in liabilities+Dividends+Expenses

Let plug in the formula

Total revenues=($11,000-$19,000)+($9,000-$7,500)+$4,000+$21,000

Total revenues=$8,000+$1,500+$4,000+$21,000

Total revenues=$34,500

Therefore total revenues for the year is $34,500

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Tatiana [17]

The options are:

A) reverse engineeringB) value chain extensionC) focused strategyD) niche market

Answer:

Value chain extension.

Explanation:

Value chain extension are the steps a company takes to extend the reach of their products to customers, and multiple relationships are built that impacts the bottom line.

In this instance eBay customers write a review after each purchase and the reviews are now used by buyers to evaluate the seller's.

EBay in turn gives special privileges. This is eBay creating an extended value chain in delivering it's products to customers.

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4 years ago
A company purchased a delivery van for $28,400 with a salvage value of $3,900 on september 1, year 1. it has an estimated useful
Lunna [17]

The deprecation expense in year 1 is $1225.

<h3>What is the depreciation expense in year 1?</h3>

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Straight line depreciation expense is a function of the useful life of the asset, the cost of the asset and the salvage value of the asset.

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(3/12) x [(28,400 - 3900) / 5]

1/4 x (24,500/5) = $1225

To learn more about straight line depreciation, please check: brainly.com/question/6982430

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8 0
2 years ago
At work, Clarissa often takes on the extra duties of ordering all the food and drinks for any celebrations of work anniversaries
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Answer:

The correct answer is B) motherhood.

Explanation:

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Answer:

The standard deviation of the portfolio is 0.1104, or 11.04%.

Explanation:

Note: See the attached file for how the standard deviation is calculated.

Download xlsx
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