$600,00 is the Stakeholder Equity Balance.
Stakeholder Equity Balance = Total Assets - Total Liabilities
= $1,000,000 - $400,000
= $600,000
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What is Stakeholder Equity?</h3>
The balance sheet account for stockholders' equity, sometimes referred to as shareholders equity is made up of share capital plus retained earnings. It also symbolizes the difference between the value of assets and obligations. Assets = Liabilities + Stockholders Equity is the original accounting formula, however, it can also be written as
Stockholders Equity = Assets - Liabilities.
Components of the stakeholder Equity are:
- Share Capital is the term used to describe funds that the reporting company receives from transactions with its owners.
- Retained Earnings are income-derived quantities also known as Accumulated Other Comprehensive Income and Retained Earnings (for IFRS only).
- Dividends and Net Income: Dividend payments lower retained profits while net income increases them.
Therefore, $600,000 is the stakeholder equity balance.
For more information on Stakeholder Equity balance, refer to the given link:
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Answer:
A. Increase cash by $120,000 and increase contributed capital by $120,000
Explanation:
when a company issues common stock then the company's cash balance and shareholders fund increases.
in this case, the company issued 2,500 shares of common stock at price $48;
The effect increase cash = 2,500*48
= $120,000
The effect increase contributed capital = 2,500*48
= $120,000
Therefore, The the correct balance sheet effect is, increase cash by $120,000 and increase contributed capital by $120,000.
Given the Ricwy corporation maintenance cost is modeled by the formula y=4800+0.4x, the maintenance cost when x=9000 hours will be:
y=4800+0.4(9000)
y=4800+3600
y=$8400
The total maintenance cost for the month of August will be $8400
Answer:
Expected unit sales.
Explanation:
Production budget can be defined as a report or plan that measures the amount of units that will be produced during a particular period of time. It is used by manufacturers to measure what it would cost to manufacture a particular product.
Production budget is used by managers of different organisations to estimate the number of units that they have to produce in future periods which would be in the basis of the future estimated sales numbers. Managers also utilize this report as a planning tool for future production development, machine times, and planning.
