Answer:
4284 persons
Explanation:
The new population of the town will be computed as:
Increase in population = Current population × Increase in population %
where
Current population is 4200 persons
Increase in population % is 2%
Putting the values above:
= 4200 persons × 2%
= 84 persons
So, the new population would be:
New population = Current population + Increase in population
= 4200 + 84 persons
= 4284 persons
Therefore, next year, there would be 4284 persons
Answer:
c. debit to the investment account for $12,500.
Explanation:
The computation is shown below:
= Net loss reported × owning percentage
= $50,000 × 25%
= $12,500
Simply we multiplied the reported net loss and its owning percentage so that the accurate loss amount can come
Since it is a net loss, so it would be debited to the investment account for $12,500
Hence, all other options are wrong except option c.
Answer:
$454,000
Explanation:
Ending inventory is the value of the inventory in the store at the end of the year.
Goods are purchased and added to the the beginning inventory, the sale for the period is deducted from it. the residual value is the value of ending Inventory.
In This question it is assumed that there is $26,000 of beginning inventory of the goods. $470,000 of the purchases were made and at the end of the year there was $42,000 balance of inventory.
We can calculate the deduction value as follow
Ending Inventory = Beginning Inventory + Purchases - deduction
$42000 = $26,000 + $470,000 - deduction
$42000 = $496,000 - deduction
Deduction = $496,000 - $42,000 = $454,000
Answer:
<u>EQUITY AND LIABILITIES</u>
<u>EQUITY</u>
Retained earnings $ 41,563
Preferred stock $ 8,485
Common stock - Issued $ 8,743
Treasury stock $ 2,450
Share Premium $ 52,878
Total Equity $114,119
Explanation:
The the stockholders’ equity section of the balance sheet shows the amount of capital invested by the shareholders in the business as well as the reserves that have been allocated to them.
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The right answer for the question that is being asked and shown above is that: • • Mega Mart is a “dog.” A business unit is considered a dog is when the market growth rate is low and the relative market share is also low.
Business unit that has grown very slowly.
They have a very low share.<span>
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