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natali 33 [55]
2 years ago
12

Your monthly paycheck after deductions is $4352.

Business
1 answer:
ratelena [41]2 years ago
5 0
2176 is the correct answer
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Owner made no investments in the business, and no dividends were paid during the year. Owner made no investments in the business
lyudmila [28]

Answer:

A corporation had the following assets and liabilities at the beginning and end of this year.

                                                     Assets             Liabilities

Beginning of the year             $ 76,500             $ 32,796

End of the year                           132,000               53,460

    Details                                                a           b        c       d

1 Beginning of the year Equity    43,704      43,704    43,704     43,704

2 Owner's investment (+)                 -         -           45,000      35,000

3 Dividends (-)                                 -          10,200        -     10,200

4 Net income / loss (+)               34836     45,036     -10164       10,036

5 End of the year Equity          78540      78540      78540      78540

Explanation:

Equity = Assets - Liability

Beginning of the year = 76500 - 32796 = $43,704

End of the year = 132000 - 53460 = 78540

Net income = End of year equity -  (Beginning of the year Equity + Owner's Investment - Dividends)

a) Net income = 5 -  (1 + 2 - 3)

                   = 78540 - (43704  + 0 - 0)

                   = 34,836

b) Dividend of 850 per month = 850 * 12 = 10,200

Net income = 5 -  (1 + 2 - 3)

                   = 78540 - (43704  + 0 - 10200)

                   = 45,036

c) Net Income = 5 -  (1 + 2 - 3)

                       = 78540 - (43704  + 45000 - 0)

                       = -10,164

d) Dividend of 850 per month = 850 * 12 = 10,200

Net Income = 5 -  (1 + 2 - 3)

                     = 78540 - (43704  + 35000 - 10200)

                       = 10,036

Owner's investment increases equity

Dividends reduce equity

Net Income increases equity

6 0
3 years ago
A merger where one company purchases another as a way to reduce competition, is an example of a type of market activity that gov
DIA [1.3K]

Answer:

B) antitrust laws

Explanation:

Antitrust laws refer to the laws with respect to the competition and it is established by the U.S government. The motive of this to secure the consumers from that business practices who are dealing in predatory and if this law does not exist then the consumers would not gain i.e from the competition arise in the market place

Therefore according to the given situation, when the government passes the law against so this reflect the antitrust laws

6 0
3 years ago
Draw a graph which depicts long run equilibrium of transnet
Nookie1986 [14]
I will not be able to illustrate the graph in the dialog box but instead, the writer will describe the long-run equilibrium of transnet. Long-run equilibrium in economics focuses on the period of time where the resource is still available and what is its costs and quantity produced. 
8 0
3 years ago
Bourne Incorporated reports a cash balance at the end of the month of $2,445. A comparison of the company's cash records with th
muminat

Answer and Explanation:

The journal entries required to adjust the balance of cash as follows:

1. Cash Dr $1,128

       To Notes receivable  $1,100

       To Interest revenue $28

(Being the cash is recorded)

Here cash is debited as it increased the assets and credited the notes receivable and interest revenue as it decreased the assets and revenue

2. Service expense Dr $78

Account receivable Dr $280

      To cash $358

(being the cash paid is recorded)

here service expense and account receivable is debited as it increased the expenses and assets and credited the cash as it decreased the assets

4 0
3 years ago
Filter Corp. maintains a debt-equity ratio of .45. The cost of equity is 14.7 percent, the pretax cost of debt is 8.1 percent, a
trapecia [35]

Answer:

11.78%

Explanation:

Weighted average cost of capital WACC determines firms cost of capital. It includes all sources of finance which are included in firms capital structure. The WACC is calculated with given formula:  

WACC = E/V Re + D/V * Rd (1 - T)

Re = cost of equity

V = Firms Market value of Debt and Equity

Rd = Cost of debt

E = market value of equity

D = market value of debt

T = Marginal Tax rate

WACC = 14.7 * 1 / 1.45 + 8.1 * 0.45 / 1.45 (1 - .34)

WACC = .1013 + 0.0165

WACC = 11.78%

7 0
3 years ago
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