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Scorpion4ik [409]
2 years ago
15

Review the transactions and determine the accounts, the account types (use assets, liabilities, equity, dividends, revenue, and

expenses), if they increase/decrease and if they are DR/CR.
Assets Liabilities
Beginning of the year: $27,000 $16,000
End of Year: $61,000 $25,000
1) What is the equity at the beginning of the year?
2) What is the equity at the end of the year?
3) If the company issues common stock of $5,300 and pay dividends of $44,200, how much is net income (loss)?
4) If net income is $3,800 and dividends are $6,600, how much is common stock?
5) If the company issues common stock of $16,500 and net income is $18,700, how much is dividends?
6) If the company issues common stock of $42,900 and pay dividends of $3,100, how much is net income (loss)?
Business
1 answer:
aksik [14]2 years ago
7 0

Answer and Explanation:

The computation is shown below:

1.

Beginning Equity = Beginning Assets – Beginning Liabilities

= $27,000 - $16,000

= $11,000

2.

Ending Equity = Ending Assets – Ending Liabilities

= $61,000 - $25,000

= $36,000

3.

Increase in Equity = Ending Equity – Beginning Equity

= $36,000 - 11,000

= $25,000

Now

Increase in Equity = Issue of Common Stock + Net Income - Dividend

$25,000 = $5,300 + Net Income - $44,200

Net Income = $63,900

4.

Increase in Equity = Issue of Common Stock + Net Income - Dividend

$25,000 = Issue of Common Stock + $3,800 - $6,600

Issue of Common Stock = $27,800

5.

Increase in Equity = Issue of Common Stock + Net Income – Dividend

$25,000 = $17,200 + $19,600 - Dividend

Dividend = $11,800

6.

Increase in Equity = Issue of Common Stock + Net Income – Dividend

$25,000 = $42,900 + Net Income - $3,100

Net Income (loss) = -$14,800

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alexdok [17]

Answer:

B. $1,639 ​

Explanation:

To do arbitraje we will ask at Bank A for $0.305

and then bid in Bank B at $0.306

As the transactions has no cost we are doing a profit by using the exchange as they allowed. Doing this procedure will at some point eliminate the difference in exchange rate for these bank as the purchase will rise the ask rate for Bank A and the sale will decrease the bid rate.

500,000 \times \frac{0.306}{0.305}

Total: 501639,3442622951

The profit will be for: 501,639.34 - 500,000 = 1,639.34

7 0
3 years ago
Solar Solutions, a U.S.-based company, is planning to expand operations to a foreign country. Considering the factors that make
DaniilM [7]

A country that US-based company Solar Solutions should consider entering and expanding its business is one that has democratic institutions and a market-based economic system.

<h3 /><h3>Business internationalization</h3>

It corresponds to a strategy adopted by companies that wish to expand their business to other countries based on an economic opportunity that increases competitiveness and profitability in the market.

Therefore, a democratic country based on the free market would be the ideal option for a company to go global to produce and sell its products and services more widely and based on the economic laws of supply and demand.

The correct answer is:

  • A country that has democratic institutions and a market-based economic system.

Find out more information about internationalization here:

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4 0
2 years ago
Sourcing a supply from a small, women-owned business is an example of a corporate social responsibility action to A. E) protect
topjm [15]

Answer:

promote workforce diversity.

Explanation:

Corporate Social Responsibility pertains to corporate responsibility towards society to achieve its goals, missions, and targets.

The organisation could not operate for a longer time without the company's permission because it would harm the community well-being and eventually the organisation needs to shut down its operations.

And we promote or motive or encourage the workforce diversity then it would be an example of corporate social responsibility by considering a supply from a small, owned business

7 0
3 years ago
1. Which of the following is an example of a SOCIAL influence on consumers
AveGali [126]

Answer:

reference groups

Explanation:

Reference groups are considered a social influence in consumer purchasing. They are often groups that consumers will look to to make purchasing decisions. So if a reference group endorses a product, either through use or statements about the product, those that look to the group will often purchase that product.

6 0
3 years ago
Java Joe operates a chain of coffee shops. The company pays rent of $20,000 per year for each shop. Supplies (napkins, bags and
Semmy [17]

Answer:

a. Variable cost

Explanation:

Variable cost -

It refers to the amount of money which increases or decreases with the production output , is referred to as variable cost .

Variable cost is directly proportional to the production .

For example , the cost of raw material increases as the production of the output increases .

In numerical terms , the variable cost is the sum of the marginal cost over the total units .

The summation of the fixed cost and variable cost gives the total cost .

Hence , from the given scenario of the question ,

The correct option is  a. Variable cost .

4 0
2 years ago
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