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ladessa [460]
3 years ago
11

At the beginning of the year, Shaolin Company had total assets of $520,000 and total liabilities of $210,000. Answer the followi

ng questions viewing each situation as being independent of the others. (1) If total assets increased $200,000 during the year, and total liabilities decreased $75,000, what is the amount of stockholders' equity at the end of the year
Business
1 answer:
Afina-wow [57]3 years ago
3 0

The amount of stockholders' equity at the end of the year is $585,000.

<h3>What is the accounting equation? </h3>

The accounting equation is also known as the balance sheet equation. It relates the assets of a business to its liabilities and stockholders' equity. According to the accounting equation: Assets = stockholders' equity + liabilities

<h3>What is the stockholders' equity? </h3>

Stockholders' equity = assets - liabilities

Stockholders' equity = ($520,000 + $200,000) - ($210,000 - $75,000)

Stockholders' equity = $720,000 - $135,000

Stockholders' equity = $585,000

To learn more about stockholders' equity, please check: brainly.com/question/23828880

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the probabilities that stock A will rise in price is 0.61 and that stock B will rise in price is 0.39. Further, if stock B rises
Flauer [41]

Answer:

0.7699

Explanation:

The calculation of the probability that at least one stocks is shown below :-

∩ represents the interaction of sets.

while

∪ represents the set of all elements in the collections.

So,

P(A ∩ B) = P(B) × P(A ÷ B)

= 0.39 × 0.59

= 0.2301

P(A ∪ B) = P(A) + P(B) - P(A ∩ B)

= 0.61 + 0.39 - 0.2301

= 1 - 0.2301

= 0.7699

4 0
3 years ago
How are money market mutual funds looked at?
tangare [24]

Answer:Money market funds are mutual funds that investors typically use for relatively low-risk holdings in a portfolio. 1  These funds typically invest in short-term debt instruments, and they pay out earnings in the form of a dividend. A money market fund is not the same as a money market account at a bank or credit union.

Explanation:

...

5 0
3 years ago
Read 2 more answers
Your U.S.-based company has recently purchased an old office building where employees are being assigned to work. As you are set
Mariana [72]

Answer:

Answer is C. Find a different outlet that uses three prongs.

Refer below.

Explanation:

Your U.S.-based company has recently purchased an old office building where employees are being assigned to work. As you are setting up the employees' desktop computers, you come to one location where the nearest wall outlet has only two prongs. All of the metal-enclosed desktop computers have three-prong cords. The following is the BEST way to proceed with that particular desktop computer:

Find a different outlet that uses three prongs.

5 0
4 years ago
Stanley purchases nonresidential real property costing $300,000 and places it in service in March 2018. What is Stanley's 2019 d
juin [17]

Answer:

$7,692.31

Explanation:

Given;

Cost of non-residential real property = $300,000

Purchased in March 2018.

Useful life of non-residential real property = 39 years

Annual Depreciation = cost/useful life

                                   = $300,000/ 39

                                   = $7,692.31

Stanley's 2019 depreciation on the property amounts to $7,692.31.

8 0
3 years ago
Use the following chart to explain how the loan repayment period affects the total cost of the loan.
FromTheMoon [43]

Loan 1 and Loan 2 have the same principal and interest rate but different monthly payments and total loan costs, therefore, the loan repayment periods would be different.

<h3>What is the loan repayment period?</h3>

The loan repayment period refers to the time it takes to repay a loan.

When the amount being repaid is smaller, the loan repayment period tends to be longer, and vice versa.

Data and Calculations:

           Loan Repayment   Principal    Interest Rate    Monthly     Total cost

             Period                                                              Payment    of the loan

Loan 1    5 years                  $5,000    6.47 percent       $98         $5,866

Loan 2  10 years                 $5,000     6.47 percent       $57         $6,804

Thus, the loan repayment periods are affected by the monthly payments and total costs to reflect the loan terms.

Learn more about loan repayments at brainly.com/question/25599836

#SPJ1

6 0
2 years ago
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