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3 years ago

At December 31, Idaho Company had the following ending account balances:

Business

1 answer:

telo118 [61]3 years ago

5 0

Answer:

Balance of Stockholder's Equity at December 31 is $1,910,000.

Explanation:

This will appear as follows

Idaho Company

<u>Details $ </u>

Stockholder's Equity:

Common Stock 525,000

Preferred Stock 500,000

Additional Paid-In Cap. - Common Stock 625,000

Additional Paid-In Cap. - Preferred Stock 50,000

Treasury Stock (40,000 )

Retained Earnings <u> 250,000 </u>

Balance at December 31 <u> 1,910,000 </u>

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A(n) blank______ model is a plan that details how a company creates, delivers, and generates revenues.

Lelechka [254]

A(n) blank Business model is a plan that details how a company creates, delivers, and generates revenues.

<h3>What exactly is a business model?</h3>

An organization's conceptual framework, which includes its mission, objectives, and continuing strategies for accomplishing them, is known as a business model.

A business model is essentially a specification outlining how a company achieves its goals.

<h3>A successful business model is what?</h3>

As an illustration, Clay Christensen of Harvard Company School proposes that a business model should include four components: a customer value proposition, a profit formula, essential resources, and key procedures.

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2 years ago

The two main sources of government revenue are

seropon [69]

Government's sources of revenue are taxes it takes from citizens and borriwing money

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3 years ago

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Tangible assets are first recorded at ______. Multiple choice question. current market value or resale value the amount of cash

worty [1.4K]

Tangible assets are first recorded at costs to acquire them for use.

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They include<em> investments, cash, inventory, vehicles, office equipment, buildings,machines, </em>etc

Tangible assets are very important to businesses as they

Help in business operations to provide goods and services

Serve as collateral for loans
In case of emergency, they can generate cash

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2 years ago

Rachel's Recordings reported net income of $250,000. Beginning balances in Accounts Receivable and Accounts Payable were $18,000

pentagon [3]

Answer:

Rachel's net cash flows from operating activities would be $264,500

Explanation:

In order to calculate Rachel's net cash flows from operating activities we would have to calculate the following formula:

cash flows from operating activities=Net income+Increase in accounts payable+ decrease in accounts payable

Net income=$250,000

Increase in accounts payable=Ending balance-Beginning Balance

Increase in accounts payable=$30,000-$23,000

Increase in accounts payable=$7,000

decrease in accounts payable=Ending balance-Beginning Balance

decrease in accounts payable=$10,500-$18,000

decrease in accounts payable=$7,500

Therefore, cash flows from operating activities=$250,000+$7,000+$7,500

cash flows from operating activities=$264,500

Rachel's net cash flows from operating activities would be $264,500

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3 years ago

As of December 31, 2018, Warner Corporation reported the following: Dividends payable $ 32,000 Treasury stock 570,000 Paid-in ca

Thepotemich [5.8K]

Answer: $9,182,000

Explanation: This question can be done as follows :-

Total shareholders equity = paid in capitals + other paid in capitals + retained earnings - treasury stock

Putting the values into equation we get :-

Total shareholders = $32,000 + $5,200,000 + $4,200,000 - $250,000

equity

= $9,182,000

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4 years ago