1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
torisob [31]
4 years ago
11

Bramble Corp. has the following accounts at December 31: Common Stock, $11 par, 5,450 shares issued, $59,950; Paid-in Capital in

Excess of Par—Common Stock $33,400; Retained Earnings $47,000; and Treasury Stock, 550 shares, $12,650. Prepare the stockholders’ equity section of the balance sheet
Business
1 answer:
bonufazy [111]4 years ago
6 0

Answer:

$127,700

Explanation:

Bramble Corp stockholders’ equity section of the balance sheet

Stockholders’ equity

Paid-in Capital

Capital Stock

Common Stock 59,950

Additional Paid-in Stock

Paid-in Capital in Excess of Par Common Stock 33,400

Total paid in Capital 93,350

Retained Earnings 47,000

Total paid in Capital and Retained Earnings 140,350

(93,350+47,000)

LessTreasury Stock 12,650

Total Stockholders’ equity 127,700

(140,350-12,650)

You might be interested in
A country sells more goods and services to foreign countries than it buys from them. It has Select one: a. a trade surplus and p
GREYUIT [131]

Answer:

a trade surplus and positive net exports. 

Explanation:

If a country sells more goods and services to foreign countries than it buys from them, it means the country's export is greater than its import. If export is greater than import, net exports (export- import ( would be postive.

Also, there would be a trade surplus.

 A trade surplus is when the value of export is greater than imports. 

I hope my answer helps you

5 0
3 years ago
This type of restaurant has a relatively large number of employees per customer
Firlakuza [10]
I think the answer is fine dining. Because if it is a fancy restaurant they want to have as many people to cater to each customer
6 0
3 years ago
Read 2 more answers
Local adaptation is typically preferred by managers who are charged with making the international business successful in their c
atroni [7]

<u>Answer: </u>True

<u>Explanation:</u>

To maintain the competitive advantage of the business the managers of international business adapt to local adaptation strategy. International markets have different languages and culture it is necessary to promote business in the local language to reach the target market accordingly.

The multinational companies have their offices, distribution and production in different countries but they maintain same set of policies and procedures which makes decision making quick and easier. Through this way they maintain the global consistency.

4 0
3 years ago
A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $60; Sec
lys-0071 [83]

Answer:

$82

Explanation:

As company Uses FIFO system, it will sell first two products

The cost price =($60 + $67 = 127).

So Gross profit = Selling Price-Cost Price

Gross Profit = 209-127

= $82

The gross profit for the period is $82

8 0
3 years ago
For the following transaction, determine whether cash flows from operating activities will increase, decrease, or remain the sam
grandymaker [24]

In case collected cash from a customer is for services that will be performed in the next accounting period the cash flow from operating activities will increase.

The cash flow from operating activities will increase cash flow in the period of receipt itself as it will result in an increase in the cash balance of the organization  In case collected cash from a customer is for services that will be performed in the next accounting period.

If the balance of an asset will increase, cash float from operations will be lower. If the stability of an asset decreases, cash flow from operations will boom. If the balance of liability will increase, cash flows with the flow from operations will grow. If the balance of a liability decreases, cash flows with the flow from operations will decrease.

An accounting period, in bookkeeping, is the length with reference to which control accounts and economic statements are organized. In management accounting, the accounting length varies extensively and is decided with the aid of management. monthly accounting durations are common.

Learn more about accounting here brainly.com/question/26690519

#SPJ4

8 0
2 years ago
Other questions:
  • Google this for me: What is business management?
    15·1 answer
  • University Company produces collegiate apparel. From its accounting records, it prepares the following schedule and financial st
    6·1 answer
  • How do you think Alden, from Situation 2, found out about Revinate? Given all the online companies that might help your business
    11·1 answer
  • Jose visited a garage sale and found a baseball card collection which he believed was worth over $1,000. he bought the collectio
    11·1 answer
  • A decrease in quantity demanded is caused by: a) a decrease in quantity supplied. b) an increase in quantity supplied. c) a decr
    5·1 answer
  • Bagley Corporation expects to incur $900,000 of factory overhead and $600,000 of general and administrative costs next year. Dir
    7·1 answer
  • Prepare an amortization schedule for a three-year loan of $84,000. The interest rate is 9 percent per year, and the loan calls f
    6·1 answer
  • Mark is a resident sound designer in a new theater and needs to purchase equipment. What piece of sound equipment will help him
    15·2 answers
  • Abbott, Inc., issued $50,000 of bonds, paid cash dividends of $8,000, sold long-term investments for $12,000, received $5,000 of
    13·1 answer
  • Solutions to deal with social, cultural and demographic issues​
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!