Hello!
The correct answers are:
BLANK 1 ANSWER: Attack.
BLANK 2 ANSWER: Defend.
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Answer:
$155.000
Explanation:
According with the information the person has first calculate the Equity. According with the accounting equation the Assets are equal to Liabilities plus the Equity. The first step is found the equity of the next way:
Equity year 1= Assets- Liabilities
Equity year 1= $210,000 - $85,000
Equity year 1= $125.000
Equity year 1= 125.000- 50.000 (dividends) = $75.000
Nevertheless, the calculation of the net income is measure independent of the operations in the balance sheet.
After you need to calculate the net income:
Net income= Revenues- Expenses
Net income= $275,000- $120,000
Net income= $155.000
As you can see the operations in the income statement only affects are affects by the revenue and the expenses.
Answer:
C. She wants to work with a different group of adults.
Explanation:
Whitney has an associate degree in early childhood education, so she is qualified for the job, the pay is $35,000 which is above her least requirement and she likes to work with children which the company does so, however she does not want to work with such group of adults (employees) who are not comfortable working with the children as she is a social person and wants to work in a fun environment with happy people.
Answer: capitalism
Explanation: Capitalism defines a socio-economic system that is based on private property rights, including the private ownership of resources or capital, with economic decisions made largely through the operation of a market unregulated by the state. The ever constant revolutionizing of production, the uninterrupted disturbance of all social condition, uncertainty amongst others have been pivotal in setting is apart from other economic systems. It respects the conditions necessary for humanity to succeed as well as propelling innovation and prosperity in modern societies.
Answer:
c. increase of $300,000
Explanation:
The autorized shares do not increase the equity of the firm. The firm generaes equity when the shares are issued. Therefore, we should consider January 2nd issuance:
12,000 common shares x $25 = 300,000 total proceeds
face value: 12,000 common x $5 = 60,000 face value
additional paid-in 240, 000
