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vova2212 [387]
2 years ago
5

Last year the Baldwin company increased their equity. In 2020 their equity was $49,131. Last year (2021) it increased to $54,834

. What are causes of change in equity
Business
1 answer:
Oduvanchick [21]2 years ago
3 0

The Issue and retirement of stock, Profits of $12,805 and Dividend payment of $6,489 causes the change in equity

Basically, in accounting, the primary cause for increase in stockholders' equity is increase in retained earnings.

  • However, there are other factors that contributes to the change in shareholder's equity.

In conclusion, the Issue and retirement of stock, Profits of $12,805 and Dividend payment of $6,489 causes the change in equity

The missing options includes <em>"A bond issue of$1,377. Issue and retirement of stock . Profits of $12,805 . A change of plant and equipment of$9,580. Plant Improvements of $9,580 A change in short term debt of-$4,478. Depreciation of -$41,287 Dividend payment of$6,489. A change in cash of $481. An accounts payable change of$1,546. Change in inventory of-$3,472."</em>

<em />

Read more about stockholders' equity

<em>brainly.com/question/14032844</em>

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Classify the following items as Direct materials, Selling and administrative expense, Factory overhead, or Direct labor. a. Rent
xxTIMURxx [149]

Answer:  

  1. a. <u>Rent expense on factory building</u> = Factory overhead, because it is the factory building.
  2. <u> b. Sales supplies used</u> = Selling and administrative expense.
  3. <u>c. Factory supplies used</u> = Factory overhead.
  4. <u>d. Indirect materials used</u> = Factory overhead.
  5. <u>e. Wages of assembly line personnel</u> = Direct Labor.
  6. <u>f. Cost of primary material used to make product</u> = Direct Materials.
  7. <u>g. Depreciation on office equipment</u> = Selling and administrative expense.
  8. <u>h. Rent on office facilities</u> = Selling and administrative expense.
  9. <u>i. Insurance expired on factory equipment</u> = Factory overhead.
  10. <u> j. Utilities incurred in the office</u> = Selling and administrative expense.
  11. <u>Advertising expense</u> = Selling and administrative expense.

4 0
3 years ago
Adding Erik Olin Wright’s concept of contradictory class locations to the Marxist concept of capitalists versus the proletariat,
bija089 [108]

Answer:

a salaried paralegal assistant at a law firm

  • <em>Correct label: proletariat the head of printing press operations at a major newspaper </em>
  • <em>Correct label: contradictory the owner of a large franchised restaurant </em>
  • <em>Correct label: capitalist a freelance graphic artist </em>
  • <em>Correct label: contradictory</em>
4 0
3 years ago
Select the correct answers. Which strategy would be most suitable for a company at the maturity stage of its product life cycle?
Sholpan [36]

Answer:

E decrease the product price

Explanation:

Maturity stage of the product is the stage where the product has already saturated in the market and sales begin to peak and slow down. Many companies will want to maintain this stage when it peaks but when the decline starts showing up it is a great challenge for them due to competition that cuts in from other companies.  so companies at maturity stage would want to adopt  the method of decreasing the price of the product in order  to fight off competition.

3 0
3 years ago
Assume you are saving $1,000 by depositing into a bank CD account with one year until maturity. The interest rate on your deposi
mina [271]

The amount of money that I would have in the bank account at the end of one year is $1,100.

The real interest rate I would expect to earn on the deposit is 6%.

If I am saving for a gaming computer, at the end of next year I would have enough money.

<h3>What is the value of the money by next year?</h3>

The formula that can be used to determine the money in my bank account next year is:

FV = P (1 + r)^n

Where:

FV = Future value

P = Present value

R = interest rate

N = number of years

1000 x (1.1)^1 = $1,100

<h3>What is the real interest rate?</h3>

The real interest rate is the nominal interest rate less inflation rate.

The real interest rate = 10% - 4% = 6%

To learn more about future value, please check: brainly.com/question/18760477

7 0
2 years ago
Convers Corporation (calendar-year-end) acquired the following assets during the current tax year: (ignore §179 expense and bonu
marishachu [46]

Answer:

$42,853

Explanation:

The computation of the allowable MACRS depreciation on Convers’s property in the current year is shown below:

<u>Assets      Place in service    Quarter   Original Basis  Rate Depreciation</u>

Machinery

(7 years)     Oct 25                   4th           $70,000         14.29%  $10,003

Computer

Equipment

(5 years)    Feb 03                   1st            $10,000         20%       $2,000

Used delivery

truck

(5 years)     Mar 17                   1st            $23,000        20%       $4,600

Furniture

(7 years)     Apr 22                  2nd         $150,000       14.29%    $21,435

Qualified

improvement

(39 years)    May 12                 2nd         $300,000     1.605%     $4,815

Total                                                        $553,000                       $42,853

Refer to the MACRS depreciation table

and we used the half year convention

5 0
3 years ago
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