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Alexandra [31]
3 years ago
15

A company had beginning assets and liabilities were Rs. 100,000 and Rs. 50,000 respectively.

Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
7 0

Answer: Rs. 120,000

Explanation:

At the end of the year, both assets and liabilities had doubled. New asset and liability figures are therefore:

Assets = Rs. 200,000

Liabilities = Rs. 100,000

Net income is part of equity and as there is no equity, net income must be the entire equity.

Assets = Equity + Liabilities

200,000 = Equity + 100,000

Equity = 200,000 - 100,000

= Rs. 100,000

From this Net income, dividends were distributed to the tune of Rs. 20,000. This should be added back to see the full figure.

= 100,000 + 20,000

= Rs. 120,000

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Luba_88 [7]
D. adventurous ofc lol good luck
3 0
3 years ago
A book store had a $780,000 in sales revenue in 2000 and $590,000 in 2011. Assuming a constant EXPONENTIAL annual rate of decrea
Tamiku [17]

Answer:

The predicted sales revenue for 2017=$501,334.008

Explanation:

If something reduces at a constant rate over a specified period of time, then it can be represented using an exponential function as follows;

y=a(1-r)^x, or y=ab^x

where;

y=final sales revenue after the reduction

a=initial sales revenue before the reduction

1-b=reduction factor

x=time interval

In our case;

y=$590,000

a=$780,000

1-r=b=unknown

x=2011-2000=12 years

replacing;

590,000=780,000.b^12

b^11=590,000/780,000=0.756

b=0.756^(1/12)

b=0.977

r=1-0.977=0.023

Determine predicted sales revenue;

y=ab^x

y=sales revenue in 2017

a=sales revenue in 2011=$590,000

b=0.977

x=7 years

replacing;

y=590,000(0.977)^7

y=$501,334.008

The predicted sales revenue for 2017=$501,334.008

6 0
3 years ago
Economists refer to a budget deficit that exists when the economy is achieving full employment as a:cyclically adjusted deficit.
pav-90 [236]

Answer:

The correct answer is: cyclically adjusted deficit.

Explanation:

The cyclically adjusted budget deficit can be defined as the budget deficit that exists when the economy is operating at its full potential or at full employment level.  

It is caused because of economic slowdown and not changes in fiscal policies. The economists use the cyclically adjusted budget to evaluate the effects of fiscal policies.  

When there is a cyclically adjusted budget deficit, the fiscal policy is expansionary.

5 0
3 years ago
A portfolio has an expected return of 12.3 percent. This portfolio contains two stocks and one risk-free security. The expected
geniusboy [140]

Answer:

Investment in stock X is worth $21,387.60

Explanation:

Expected Return of the protfolio is calculated:

Stock.X.return*invest.x + Stock.Y.return*invest.Y + Risk.free*invest.RF

Where:

  • Stock X return = 9.7%
  • Stock Y Return = 17.7%
  • Risk free = 3.8% (investment in Risk free = 18,000/78,000 = 23.08%)
  • Investment in X+Y = 1 - Invetment in RF = 1 - 0.2308 = 0.7692

So, replacing the numbers

0.097*x + 0.177*Y + 0.038*0.2308 = 0.123

Where X+Y = 0.7692, so X = 0.7692-Y

0.097*(0.7692-Y) + 0.177*Y = 0.123 - 0.0088

Then

0.0746 - 0.097*Y + 0.177*Y = 0.1142

0.08*Y = 0.0396

So Y = 0.0396/0.08 = 0.495 = 49.5%

X = 0.7692 - 0.495 = 0.2742 = 27.42%

27.42% * 78000 =

3 0
3 years ago
Lin corporation has a single product whose selling price is $134 and whose variable expense is $67 per unit. the company's month
Rashid [163]

Answer:

600 units

Explanation:

The equation to calculate target profit is:  

S × Q = (V × Q) + F + T

  • S = sales price  
  • Q = Quantity of units
  • V = Variable expenses
  • F = Fixed expenses
  • T = Target profit

$134Q = $67Q + $32,300 + $7,900

$134Q - $67Q = $40,200

$67Q = $40,200

Q = $40,200 / $67 = 600

7 0
3 years ago
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