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tatuchka [14]
4 years ago
11

The Baldwin Company currently has the following balances on their balance sheet:

Business
1 answer:
Art [367]4 years ago
6 0

Answer:

$77,950

Explanation:

We know that,

Total assets = Total liabilities + Shareholder equity

where,

Total assets = $240,859 + $55,000 = $295,859

Total liabilities = $140,674

And, the Ending retained earning balance = Beginning balance of retained earnings + net income - dividend paid

= $45,035 + $44,200 - $12,000

= $77,235

Now the shareholder equity would be

= Total assets - total liabilities - ending retained earning balance

=  $295,859 - $140,674 - $77,235

= $77,950

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Tamarisk, Inc. has 12000 shares of 5%, $100 par value, non-cumulative preferred stock and 48000 shares of $1 par value common st
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Answer:

$84,000

Explanation:

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The year 2017 preference share dividend pay out is 5% of 100 multiplied by 12,000 = $60,000

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Non cumulative preference shares dividend are paid first for the year the company declares dividend. The dividend is not cumulative ( prior years dividend for which company did not declare dividend are forfeited).

The common stockholders are paid dividend after preference shares dividend are paid. The common stockholders bears the full risk of the business as seen above. In event of liquidation, they are the last to be settled from realised asset of the bankrupt company.

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3 years ago
An aerospace company has submitted bids on two separate federal government defense contracts. The company president believes tha
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Answer:

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2. What is the probability that they win only one contract?

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3. What is the probability that they win both contracts?

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4 0
3 years ago
Elena says that 6% interest compounded semi-annually is the same as 1% interest compounded every month: she reasons they are the
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Elena is not correct in the two situations.

<h3>What is the effective annual rate?</h3>

Effective annual rate is the interest rate when the effects of compounding is taken account for.  In order to determine if Elena is correct, the effective annual rate has to be calculated.

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(1 + 0.12 / 12)^12 - 1 = 12.68%

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To learn more about the effective annual rate, please check: brainly.com/question/4064975

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Women make up 45% of the world s workforce. What percentage of these women live in poverty?
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I think A. 25%

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Mycenae is a simple Cobb-Douglas agricultural economy with constant returns to scale and competitive markets. Land and labor eac
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The term Growth refers to the process of Growing.It can also refer to an increase in size,number or strength

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