Ask question

Ask question

All categories

Alexeev081 [22]

3 years ago

5

For a given company, total assets are $260,000, current liabilities are $10,000, long-term liabilities are $60,000, common stock

is $150,000, and retained earnings is $40,000. how much is total stockholders' equity?

1 answer:

VLD [36.1K]3 years ago

4 0

1. $140,000

2.$120,000

3.$190,000

4.$110,000

5.$160,000
3.$190,000

You might be interested in

On January 1 of the current year, Barton Corporation issued 11% bonds with a face value of $99,000. The bonds are sold for $94,0

Bogdan [553]

Answer:

$11,880

Explanation:

Calculation to determine The bond interest expense for the year ended December 31 is

First step

Semiannual interest=($99,000 * 0.11 * 6/12)

Semiannual interest= $5445

Second step

Semi-annual discount amortization

Semi-annual discount amortization=($99,000 - $94,050)/5*/12

Semi-annual discount amortization=($4950 / 5)*6/12

Semi-annual discount amortization= 495

Third step

Semiannual interest expense=(5445 + 495)

Semiannual interest expense = $5940

Now let determine the bond interest expense

Bond interest expense =($5940 * 2)

Bond interest expense = $11880

Therefore The bond interest expense for the year ended December 31 is $11,880

3 0

2 years ago

"The amount of money that could have been earned by leasing a piece of land to a developer to build a multi-story office buildin

dmitriy555 [2]

Answer:

The options for this question are the following:

A. implicit cost

B. accounting cost

C. explicit cost

D. pure economic cost

E. positive economic rent

The correct answer is A. implicit cost .

Explanation:

Implicit cost is an economics term that refers to the costs of a business that do not require direct spending but, instead, the result of a loss of potential revenue. This concept can have important ramifications for companies and entrepreneurs when they decide how to divide tasks between their workforce and how much they charge for their services. It is also an important concept for individuals to understand when choosing the best time budget for a variety of projects.

The implicit cost of some companies is generally a result of the amount of time it takes a person to complete the business and the time value of that person. For example, if someone hires an independent contractor to complete a plumbing job, that contractor must charge enough to cover their explicit and implicit costs in order to make a profit. The explicit costs will be the cost of the necessary materials, which is quite easy to calculate.

8 0

2 years ago

Read 2 more answers

What return do you expect earn if you buy the 3 years ,10% coupon bond today and sell it in exactly 1 year( if current price is

IrinaK [193]

Answer:

8.02%

Explanation:

Since corporate bonds pay coupons semiannually, it would be important to first all determine the semiannual yield to maturity of this bond using a financial calculator as shown below:

We need to set the calculator to its end mode before making the following inputs:

N=6(number of semiannual coupons in 3 years=3*2=6)

PMT=50(semiannual coupon=face value*coupon rate/2=1000*10%/2=50)

PV=-1051.45 (current price)

FV=1000(bond's face value)

CPT

I/Y=4.02%

After one year, there would 4 semiannual coupons left, we can compute the bond price as shown thus:

N=4

PMT=50

I/Y=4.02(without % sign)

FV=1000

CPT

PV=1,035.56

The expected rate of return over one year is computed thus:

N=2(number of semiannual coupons in 1 year holding period)

PMT=50(the amount of each semiannual coupon)

PV= -1051.45

FV=1,035.56(selling price after one year)

CPT=4.01%(on a semiannual basis)

annual rate of return=4.01%*2=8.02%

7 0

2 years ago

Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions: 1)

Luba_88 [7]

Answer:

$9,500

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.

Yowell's net cash flow from operating activities

= $44,000 - $10,500 - $24,000

= $9,500

Other transactions will be stated in the investing and financing sections of the cash flow statements

7 0

2 years ago

When Beck's Bicycles, Inc., volunteered to send its expert riders up mountainous terrain to rescue a lost dog that was unable to

Ronch [10]

Answer:

public relations

Explanation:

The effort quickly turned into an important public relations campaign for the firm. This is the process in which a company manages how information is spread between them and the public/society that surrounds them. This is done in order to increase a company's following, relay information, or deal with a problem. Many times this is either done through social media or news outlets.

4 0

2 years ago