Answer:
$125,000
Explanation:
total assets $160,000 = total liabilities $90,000 + total equity $70,000
income statement:
revenues $210,000
<u>expenses $120,000</u>
net income $90,000
<u>- dividends $35,000</u>
retained earnings $55,000
stockholders' equity at end of the year = $70,000 + $55,000 = $125,000
When two knowledgeable people acting independently each produce the same info, this info is said to be true because they could have possibly thought about it together.
Answer:
$802,394
Explanation:
Calculation of market value of firm
Particulars Current value
Building $1,390,000
Equipment $417,000
Inventory $180,000 ($360,000 * 1/2)
Account receivable $194,194 ($200,200 * 0.97)
Cash $11,200
Money owned <u>($1,390,000)</u>
Total market value <u>$802,394</u>
So, the market value of this firm is $802,394.
Answer:
<em>Create a powerful image of the company</em>
Explanation:
In the modern wireless and competitive business world, <em>communicating the values and distinctive capacities of your business correctly and efficiently is essential to achievement.</em>
A strong business image is critical to the networking and advertising positioning approach of a company.
Answer:
Yes, the fertilizer lived up to its promise
Explanation:
New fertilizer promised 50% increase in yield
Initial yield = 1200 pounds of squash
Expected yield with new fertilizer = 1200 + (1200×0.5) = 1200 + 600 = 1800 pounds
Actual yield = 1900 pounds
Since the actual yield surpassed the promise yield of the fertilizer, it lived up to its promise