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atroni [7]
3 years ago
6

A company’s January 1, 2014 balance sheet reported total assets of $120,000 and total liabilities of $40,000. During January 2

014, the following transactions occurred: (A) the company issued stock and collected cash totaling $30,000; (B) the company paid an account payable of $6,000; (C) the company purchased supplies for $1,000 with cash; (D) the company purchased land for $60,000 paying $10,000 with cash and signing a note payable for the balance. What is total stockholders’ equity after the transactions above?
A. $30,000.

B. $110,000.

C. $80,000.

D. $194,000.
Business
1 answer:
timofeeve [1]3 years ago
8 0

Answer:

B. $110,000

Explanation:

Calculation for the total stockholders equity

First step is to calculate the Beginning equity

Beginning equity = $120,000 − $40,000

Beginning equity = $80,000.

Now let calculate the stockholders' equity

Stockholders' equity = $80,000 + $30,000

Stockholders' equity = $110,000

Therefore the total stockholders equity will be $110,000

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photoshop1234 [79]

Answer:

The Net Present Value is - $20324

Explanation:    

We can use our financial calculator to work out the NPV using the cashflows from the different periods and using the discount rate given. Which is 18%.

We have 11 periods. Starting off with CF 0. ( CF = cashflow ) We will work in Thousands to make it easier to read and compute. $ ' 000

CF 0 Machine Investment (750) Working Capital Investment (25) Total=(775)

CF 1 160 inflow

CF 2 160 inflow

CF 3 160 inflow

CF 4 160 inflow

CF 5 160 inflow

CF 6 160 inflow

CF 7 160 inflow

CF 8 160 inflow

CF 9 160 inflow

CF 10 160 inflow

CF 11 160 inflow. 35 salvage value from machine. Working capital 25. Total Cashlow = 220

We now use our financial calculator and input these amounts into the calculator.

We start of by entering the data and hitting ENT and do so for every Cash flow. At the end we press 2nd function CFI on our calculator. We then enter the discount rate of 18%. and press down button to get to NPV and then press COMP.

We get an answer of -20,32400407

We now need to put the amount into thousands. Thus = -20324,004

rounded to the nearest dollar we get - $ 20324

7 0
3 years ago
Callaway Golf Co. leases telecommunication equipment from Photon Company. Assume the following data for equipment lease form Pho
inessss [21]

Answer:

This lease is  regarded and classified  as Capital lease.

Explanation:

This lease is  regarded and classified  as Capital lease.

Here, Callaway Golf Co. is the body financing the leased asset but the right ownership is with Photon Company.

Now; the present value of future payment is calculated as:

Present value of future payment =[PVA 6%,5 × Annual payment ]+[PVF 6%,5 × Residual value]

=[4.46511 × 31000] +[0.74726 × 15500]

= 138418.27+ 11582.53

= 150000

However the present value of minimum lease payment is equal or more than 90% fair market value ,as such we therefore conclude that this  lease is a capital lease.

3 0
3 years ago
Raul recently started a real estate company with a unique way of presenting a menu of​ services, each with a fixed​ price, rathe
Zigmanuir [339]

Answer:

small business

Explanation:

Based on the company specifications that is provided about Raul's company the most appropriate representation of his firm would be a small business. This is the case because a small business is categorized as any business with one owner controlling and running a business with less than 100 employees. Seeing as Raul only has 21 brokers employed and is planning to expand his model nationally but has NOT yet done so, then he is the owner of a small business.

6 0
3 years ago
Consider a game with two players who cannot​ communicate, and in which each player is asked a question. The players can either a
AveGali [126]

Answer:

Each player can adopt a T for T strategy or a trigg er strategy. It is important to state that these strategies were not possible in a one-time game.

The equilibrium is that both players answer honest and each makes normal profit.

Both games, the P risoners' dilemma and this game, have a cooperative equilibrium in the long term. If a player employs a trig ger strategy or a T for T strategy, they can reach the cooperative honesty/honesty outcome.

In a short term, game equilibrium is not likely due to lying is more profitable than answer honestly deploying stated strategies.

Reference: NomCab HSEONE.  “PS8- solution.” Academia , 2019.

6 0
3 years ago
alexander spent27$ for tickets to a baseball game.he also spent 24$on food how much did he spend on tickets and food
Lera25 [3.4K]

Answer:

either this is a stupid question or this isnt asked right hahaha, based on the basic info here, 51??

Explanation:

6 0
3 years ago
Read 2 more answers
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