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-BARSIC- [3]
3 years ago
14

g The following information relates to XYZ Company: January 1, 2023: Liabilities ............... $137,000 Retained earnings ....

..... $232,000 December 31, 2023: Total equity .............. $258,000 During 2023, the assets of XYZ Company decreased by $65,000, the liabilities decreased by $14,000, and the common stock increased by $29,000. Calculate XYZ Companys common stock at January 1, 2023.
Business
1 answer:
Georgia [21]3 years ago
5 0

Answer:

The common stock at January 1, 2023 is \$ 77,000

Explanation:

Total equity                                \$258,000

Total Liabilities                           \$123,000

Total asset as on December     \$381,000

Learn more about common stock, refer :

brainly.com/question/11453024

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The Townson Manufacturing Company has gathered the following information for the month of September: 9,900 units in the beginnin
andrezito [222]

Answer: 82,650 units

Explanation:

Equivalent Units of Production (EUPs) for the conversion costs = Units transferred out + Percentage of completed Ending Inventory

Ending Inventory = Beginning Work-In-Process + Units started into production - Units transferred out

= 9,900 + 99,000 - 66,900

= 42,000 units

Equivalent Units of Production (EUPs) for the conversion costs = 66,900 + (3/8 * 42,000)

= 82,650 units

7 0
3 years ago
Jake owns a company called Boat Builders, LLC and one evening he took several of his employees out after work to a bar. After ea
lakkis [162]

Answer:

<u>Yes, because Boat Builders, LLC failed to exercise a reasonable standard of care at their premises.</u>

Explanation:

<em>Remember, </em>we are told, "Jake... invited them back to the Boat Builders premises," meaning they (Boat Bilders, LLC) had a duty of care responsibility toward all of his employees present.

Note we are told, "Mark made light of it but gave Jake a menacing look so Jake dropped it," this was a moment that shows Jake's negligence because as the owner of Boat Builders he had a duty of care to ensure no one is hurt without their own fault within their premises (which included their "parking lot").  

4 0
3 years ago
Barbara got a flat tire and does not have a spare. She needs her car for work, so she goes to a business that offers payday loan
yKpoI14uk [10]

Answer:

Ans. c) The annual percentage rate of the loan is approximately 913%

Explanation:

Hi, well, she borrowed $75 and paid $90 ($75 + $15 fee) in 8 days. So we need to use the following formula to check what 8 days percentage rate was applied to this loan.

r=\frac{FinalValue}{InitialValue} -1

That is:

r=\frac{90}{75} -1=0.20

So she pays 20% for 8 days, to know the annual rate (approx.) we need to do the following operation.

r(Annual)=\frac{0.20}{8Days} *\frac{365Days}{1Year} =\frac{9.13}{1Year}

That is 913% per year.

Best of luck.

6 0
3 years ago
Read 2 more answers
A cellular service provider charged a customer $40 for 150 minutes of airtime. The same provider charged another customer $55 fo
yKpoI14uk [10]

Answer:

C(t)=0.1t+25

Explanation:

So, we are looking for a linear equation. As we know Equation of a line has different forms, let´s use slope-intercept form:

C(t)=mt+b

Where C is the total cost as a function of t, t is the amount of airtime in minutes, m is the slope and b is the y-intercept

Now, let´s use the data provide in order to find m and b:

40=150m+b   (E1)

55=300m+b   (E2)

We have a 2X2 system of equations, let´s solve it using elimination method:

2(E1)-(E2)

25=0+b\\b=25

Replacing b in (E1) or (E2):

m=\frac{40-25}{150}

m=\frac{1}{10}=0.1

Knowing the slope m and the y-intercept b the linear model that represents the total cost as a function of t is:

C(t)=0.1t+25

You can check the results evaluating t=150 and t=300, the results must be 40 and 55 respectively

6 0
3 years ago
Which of the following identifies how much product transportation cuts into farmers' profits?
11Alexandr11 [23.1K]

Answer:

It can be 13 to 62 percent of retail sales.

Explanation:

Farmers grow crops after their day and night of struggle. They earn their livelihood by selling these crops. The transportation cost to commute crops from the farmers land to the retail market. If this transportation cost is minimized the farmers can earn better profit and raise their living standard. Also with better earnings farmers will be able to adopt new technological methods to grow agricultural products.

6 0
3 years ago
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