Answer: the correct answer is D) $250,000
Explanation:
Answers
transactions relating to stockholder's equity
Issued shares 10,000* $7 = $70,000
Issued shares 20,000*$8 = $160,000
net income = $100,000
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Sub Total $330,000
Debts
50,000 dividend ($50,000)
3,000 *$10 treasury stock ($30,000)
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Sub Total ($80,000)
Total $330,000-$80,000 = $250,000
Answer: A. Had major expenses in the first year.
Explanation: It just makes sense and it’s also correct
Discharging waste from the facility into the bay can result in a. <u>penalties </u><u>and damages</u>.
Many companies are known to discharge their wastes in an estuary bay. Such companies are subjected to heavy penalties by the government and also as there are aquatic organisms in a bay, the toxic compounds from the water can cause damaging results to the bay ecosystem.
Hence, companies such as Deep earth extraction inc, they discharge waste in the bay, and there are penalties and damages that they have to afford due to the risk they had caused to the bay. All companies should make sure to have a proper disposal system where other life forms and the earth is not damaged by the toxic wastes.
To learn more about waste, click here:
brainly.com/question/19152477
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Answer:
Explanation:
Sales$439,000
Profit Margin = 6% x $439,000 = $26,340
Tax liability = 34% x $26,340 = $8,956.
Cash flow from operations:
Net income $26,340
Add depreciation $32,000
Deduct net working capital changes -$56,000
Deduct tax liability $8,956
Cash flow from operating activities -$6,616
