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7nadin3 [17]
3 years ago
5

Based on the information in the table, which BEST explains the relationship between Country A and Country B?

Business
1 answer:
Ivan3 years ago
8 0

Answer:

Im going with b because i cant see the picture

Explanation:

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On January 1, C company sells 50,000 shares of $3 par common stock for $5. It does not issue any preferred stock. Later on the c
cestrela7 [59]

Answer:

$85,000

Explanation:

Given that,

Shares sold = 50,000 shares of $3 par common stock for $5

Buys back = 10% of its common shares outstanding for $7 per share

Total equity on December 31 = $300,000

Balance in stockholder's equity without retained earnings:

= Beginning balance in stockholder's equity + Increase in stockholder's equity - Decrease in stockholder's equity

= $0 + (50,000 × $5) - (50,000 × 10% × $7)

= $250,000 - $35,000

= $215,000

Retained earnings on December 31:

= Total equity at December 31 - Balance in stockholder's equity without retained earnings

= $300,000 - $215,000

= $85,000

5 0
3 years ago
Most service firms today have developed _______ programs that collect customer inputs and then integrate them into managerial de
vlada-n [284]
The appropriate response is the voice-of-customer. The "voice of the customer" is a procedure used to catch the prerequisites/criticism from the client (inward or outer) to give the clients the best in class benefit/item quality. This procedure is about being proactive and always imaginative to catch the changing necessities of the clients with time.
7 0
3 years ago
Review the following statements and determine which is (are) correct regarding an adjusted trial balance and how it is used In p
spayn [35]

Answer:

The Correct Statements regarding an adjusted trial balance and its use in preparing financial statements are:

1. The adjusted trial balance includes all accounts and balances appearing in financial statements.

3. Financial statements are easier to prepare using the adjusted trial balance than the general ledger.

5. The ending Retained Earnings account balance on the balance sheet is transferred from the statement of retained earnings.

6. The income statement is the first financial statement prepared after preparing the adjusted trial balance.

Explanation:

a) The above answers leave the following incorrect statements about the adjusted trial balance:

2. The ending Retained Earnings account balance on the balance sheet is taken directly from the adjusted trial balance.

4. The balance sheet is the first financial statement prepared.

b) In conclusion, the adjusted trial balance, which lists the general ledger account balances, is compiled after considering period-end adjustment entries, in line with the accrual concept and the matching principles of generally accepted accounting principles.

4 0
3 years ago
Moss Corp. owns 20% of Dobro Corp.’s preferred stock and 80% of its commonstock. Dobro’s stock outstanding at December 31, Year
Yakvenalex [24]

Answer:

The correct answer of the following question is $42,000.

Explanation:

Given information -

Moss owns 20% of Dobro's preferred stock and 80 % of outstanding common stock.

Preferred stock (10%) $100,000

Common stock - $700,000

Dobro earnings for year 1, December 31 - $60,000

Here the equity method with consolidation will be used, which means the net income from subsidy would be recognized by Moss corp up to the interest.

therefore, we can calculate the earnings available for common stock and preferred stock.

Earnings available for preferred stock - $100,000 x 10% x 20%

= $10,000 x 20%

= $2000

Earnings available for common stock =

Total earnings from Dobro - Cumulative preference dividend

= $60,000 - $10,000 ( $100,000 x 10% )

= $50,000

Now on this $50,000 we will take out 80% of the interest that Moss owns

$50,000 x 80%

= $40,000

Therefore the total amount of earnings = $2000 + $40,000

= $42,000

3 0
2 years ago
Approximately what portion of global employers tends to use social media websites to hire new employees?
drek231 [11]

Answer:

Approximately what portion of global employers tends to use social media websites to hire new employees?

B. 40 percent

Explanation.

Kindly find explanation in the attached photo.

7 0
3 years ago
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