Answer:
The answer is $ 200,000
Explanation:
The net income reported by Goodman Auto for the year was,$475,000 - $275,000 = $ 200,000.
The net income is difference between revenue earned by the company and expenses incurred in order to earn this revenue. In the problem goodman auto revenue is equal to 475,000 and expense are 275,000. So the difference between 475,000 and 275,000 will be reported as net income.
Answer: $126,000
Explanation: Shareholders equity can be defined as the total amount of investment done by the shareholders in the company. This investment can be done through various kinds of securities like common stock, preference shares.
As per this problem shareholder equity would be
= (no. of shares to be collected by warrant holders)*(price of each warrant)
and,
no. of shares to be collected = (1400 bonds) * (30 shares)
= 42,000 shares
.
therefore, equity :-
(42,000 shares) ( $3 ) = $126,000
Answer:
$76,134.84
Explanation:
Data provided in the given question
Future value = $105,000
Fixed interest rate = 4.1%
Number of years = 8
The calculation of present value is given below:-
= Future value ÷ (1 + rate of return)^number of years
= $105,000 ÷ (1 + 4.1%)^8
= $105,000 ÷ 1.379132002
= $76,134.84
Therefore, we simply applied the present value formula.
Answer:
d. downward and cause output to decrease
Explanation:
As we know that
Aggregate demand = Consumption expenditure + government expenditure + net export
Where,
Net export = Export - import
In the case when there is a reduction in the consumer spending so it would be expected that the aggregate demand curve would be shifted to the downward due to which it results in reduction in output
Therefore the option d is correct
Answer:
Operation costing
Explanation:
Operating costing is the combination of the job costing and the process costing. In this the cost are received for each and every operation rather for each and every process
Since in the given situation it is mentioned that they need some outside services like legal services etc so here the costing system that used for the loan department is operation costing
