<span>This is known as a flex hours policy. Employees can set their own hours of working, so long as they participate in a common core time for the company. This is a commonly sought employee benefit; and can contribute to employee satisfaction with work life balance.</span>
Answer:
Explanation:
The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.
And, the balance sheet comprises of the assets and liabilities. With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.
The preparation of the statement of stockholders’ equity and the balance sheet is presented in the spreadsheet. Kindly find the attachment below:
According to the historical cost principle, if an asset costs $50,000 when it was purchased, and the one who purchased it still owns the asset today, it will have a higher value than $50,000. If the interest rate is assumed to be 5% for 5 years, the asset will be recorded as $63,814.08.
can you send the problems
Answer:
$198,000
Explanation:
Here is the full question used in answering this question :
During the year, Fast/Wash Inc., has $310,000 in revenues, $105,000 in expenses, and $7,000 in dividend payments. Stockholders equity changed by
Change in stockholders equity = +310,000 - $105,000 - $7,000 = $198,000
Income increases stockholders equity while, dividend payments and expenses reduce stockholders equity.
