Answer:
The annual holding period returns for 2012 through 2016 is 199.21%
Explanation:
In order to Calcualte the Holding Period Return for 2012 through 2016
we would have to use and calculate the following formula :
HPR = [(P1-P0) +D] / P0
P0 = Beginning value of stock = $39.26
P1 = The closing value of stock = $111.07
D = Dividends received during the year =($0.75 + $0.99 + $0.96 + $1.65 + $2.05) = $6.40
Substituting all the values in the formula , we will get Holding period return
HPR = [($111.07 - $39.26) + $6.40] / $39.26
= $78.21/ $39.26
= 1.9921
= 199.21%
Therefore, the annual holding period returns for 2012 through 2016 is 199.21%
The doctrine of state decisis is a
Project: Creating an Investment Portfolio
Do you want to own a home some day? Would you like to enjoy your retirement and go on vacations to some of those beautiful destinations advertised on television? Do you sometimes wonder how you are ever going to accomplish these things on your salary?
The good thing is that it is never too late to start saving, and time is on your side if you start now and follow through. It takes financial planning, execution of the plan, and some discipline. Once you develop your plan and set your goals, you'll need to execute that plan, and stick to it.
An investment portfolio is a collection of assets held for investment purposes by an individual or a company. It includes different asset classes such as stocks, bonds, CDs, and, in some cases, real estate. The amount allocated to each asset class is called asset allocation, which is usually referred to in percentages. The economy and market conditions are always changing, so it is not enough to just build an investment portfolio. You have to monitor the portfolio for its reaction to the economy and social events and periodically make adjustments to assets in your portfolio. Some of the factors that impact an investment portfolio are interest rates, the performance, or lack thereof, of the assets in your portfolio, this list goes on. The key is to keep an eye on it to make sure it is doing what you intended it to do. However, don't try to change your asset portfolio every time the market changes, as that will likely result in losses. The best strategy is to assess your portfolio annually, and only then make any necessary changes.
investment portfolio
OBJECTIVES
Create an investment portfolio to meet short-term and long-term financial objectives.
VOCABULARY
asset allocation the mix or combination of assets such as stocks, bonds, CDs, and money-market accounts
investment portfolio collection of investments owned by an individual or entity
If one of Jane’s goals is to build an emergency fund, how many months’ salary should she reserve for this fund and why? Where should the emergency fund be invested and why? Explain your answers using complete sentences.
To help her with her short-term goals, Jane can consider depositing a portion of her inheritance in a money market fund or a high-yield savings account. To assist Jane reach her long-term goals, the majority of her inheritance may be invested in a well-diversified portfolio of stocks and bonds.
If Jane wants to create an emergency fund, she should try to save enough money to cover her living needs for three to six months. This is a typical amount that is advised for unforeseen circumstances like job loss, medical emergency, or auto repairs. Jane needs to keep a close eye on her long term and short-term investments and rebalance her portfolio as necessary. Also, she should think about how her assets will affect her taxes and make every effort to reduce expenses. A safe, liquid account, such as a money market fund or a high-yield savings account, should be used to hold the emergency fund. These accounts provide faster access to money in an emergency and higher interest rates than typical savings accounts.
To learn more about long term investment refer here:
https://brainly.com/question/15335876
#SPJ1
Keesha Company borrows $175,000 cash on November 1 of the current year by signing a 180-day, 9%, $175,000 note
After 180 days from the borrowing date, Keesha Company must pay the lender a total of $183,219.18.
Given
Borrowing = $175,000
Rate = 9%
Time = 180 days
Assume: 365 days
Required to calculate the total repaid amount after 180 days
Interest = Borrowing x rate x time / 365 x 365
= $175,000 x 9 x 180 / 365 x 100
= $8219.18
Amount repaid = borrowing + interest
= $175,000 + $8219.18
= $183,219.18
Therefore, After 180 days from the borrowing date, Keesha Company must pay the lender a total of $183,219.18.
Learn more about borrowing here:
https://brainly.com/question/31017869
#SPJ1
DONT ANSWER PLZZZZZZZZZ
Answer:
ok i gochu
Explanation:
The American Marketing Association Statement of Ethics identifies six key aspirational
ethical values, one of which is
Select one:
a. diversity.
b. integrity.
c. perseverance.
d. charity.
e. openness.
Justify the role of ethics in the workplace
The role of ethics in the workplace is leads to satisfied workers who look forward to going to work rather than viewing it as a burden.
What do you understand by the role of ethics?Ethics can be thought of as the rules that direct our behaviour so that we make the best decisions for the benefit of everybody. In order to tell the truth, maintain our word, or assist a stranger in need, we must follow ethical principles.
A company that implements a workplace ethics programme aligns employee behavior. This encourages transparency, collaboration, and trust as a result. Additionally, workers perform better at their professions when they are aware of the expectations of their superiors.
Integrity is among the most crucial working ethics. Additionally, employees grow to feel attached to and devoted to the company.
Therefore, the role of ethics in the workplace is leads to satisfied workers who look forward to going to work rather than viewing it as a burden.
To know more about the role of ethics, visit:
https://brainly.com/question/28238639
#SPJ6
Forsyth Company manufactures one product, it does not maintain any beginning or ending inventories, and its uses a standard cost system. During the year, the company produced and sold 10,000 units at a price of $135 per unit. Its standard cost per unit produced is $105 and its selling and administrative expenses totaled $235,000. Forsyth does not have any variable manufacturing overhead costs and it recorded the following variances during the year:
Materials price variance . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,500 F
Materials quantity variance . . . . . . . . . . . . . . . . . . . . . . . . $10,200 U
Labor rate variance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,500 U
Labor efficiency variance . . . . . . . . . . . . . . . . . . . . . . . . . . $4,400 F
Fixed overhead budget variance . . . . . . . . . . . . . . . . . . . . . $2,500 F
Fixed overhead volume variance . . . . . . . . . . . . . . . . . . . . $12,000 F
Required:
1. When Forsyth closes its standard cost variances, the cost of goods sold will increase (decrease) by how much?
2. Using Exhibit 10B-5 as a guide, prepare an income statement for the year.
Dylan Corporation
Income Statement
For the year ended 12/31/xx
dollars in thousands
Sales 5270
Cost of goods sold at stanadard 4335
Total variance adustments 36
Cost of goods sold 4371
Gross margin 899
Selling and administrative expenses 450
Net operating income 449
Answer:
See below
Explanation:
1. Computation of cost of goods sold
Materials Price Variance
$6,500 F
Materials Quantity Variance
$10,200 U
Labor Rate Variance
$3,500 U
Labor Efficiency Variance
$4,400 F
Fixed Overhead budget variance
$2,500 F
Fixed Overhead volume variance
$12,000 F
Cost of goods sold
$11,700
2. Net operating statement
Sales[$153 × 10,000]
$1,530,000
Less: Cost of goods sold
Cost of goods sold at standard [$105 × 10,000]
$1,050,000
Cost of good sold adjusted
($11,700)
Variance adjustment Balance
$1,038,300
Gross profit
$491,700
Less selling and administrative expenses
($235,000)
Net operating income
$256,700
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
For more such questions on opportunity costs
https://brainly.com/question/30191275
#SPJ8
Read the articles, the interview, and listen to the podcast then answer the following questions-
1. What is the main takeaway for you in each of them?
2. How can you incorporate what you learned in each of them into your final social media marketing plan?
"How to Create a Social Media Content Strategy"
"How to Integrate Your Digital Marketing and Social Media Plan for Online Success"
"The Journey of a Social Media Marketer: Q&A with SMT Influencer Rachel Strella"
Main takeaway: Creating a great social media content strategy is imperative for marketing and engaging your audience.
2a. I'll focus on a content strategy that meets our goals and audience needs.
2b. We'll regularly analyze content metrics to keep our strategy effective and flexible.
2c. I'll align our digital marketing with social media for a consistent brand experience. By merging plans, we can enhance our online presence and boost success.
2d. I'll apply the influencer's experiences to our marketing plan. I'll explore social media marketing challenges and strategies to adapt for success.
What is the Social MediaIntegrating Digital Marketing and Social Media for Online Success: Learn how aligning strategies can enhance brand experience and boost results.
Define your goals for content creation to increase brand awareness, website traffic, lead generation, or customer engagement. Identify target audience: demographics, interests, preferences. Use this info to personalize your content. Choose social media platforms that fit your audience and goals.
Analyze competitors' social media presence for successful tactics, content types, and engagement strategies. Get industry insights on what works well.
Learn more about Social Media from
https://brainly.com/question/1163631
#SPJ1
Simmons Corporation reports the following information: Correction of understatement of depreciation expense in prior years, net of tax $ 430,000 Dividends declared 320,000 Net income 1,000,000 Retained earnings, 1/1/17, as reported 2,000,000 Simmons should report retained earnings, 1/1/17, as adjusted at
Answer:
$2,250,000
Explanation:
The computation of retained earnings is shown below:-
Retained earnings 31/1/17 = Retained earning 1/1/17 + Net income of current year - Understatement of depreciation expenses - Dividends declared
= $2,000,000 + 1,000,000 - $430,000 - $320,000
= $2,250,000
Therefore for computing the retained earnings 31/1/17 we simply applied the above formula.
As we assume that the question is asked for the 31/1/17 instead of 1/1/17 as it is already mentioned in the question
What guidelines must be followed to classify a transaction as associated with the principal of an estate or as an income transaction
Answer:
The answer is "The decedent's intentions or state laws".
Explanation:
The property of a deceased person is the real and the personal inheritance which an individual brings again when they pass away for a decedent's assets.
It is an individual gathers the debtor's property within a week of having debt and taxes, but instead transactions this to the property belonging to some property. In another property that has paid throughout order to achieve efficiently, a majority of states necessitate a will in written work. Its testator could even write or type its testament.This answer wasn't correct last time sadly so I'm not sure how to correctly do the problem. Here's the screenshot detailing it
Based on the benefits that John Cotton receives from his employer, the taxable benefits for 2021 will be $0.
Which benefits are taxable?Personal protective equipment are tax exempt because they are treated as Medical expenses.
Employer-provided cell phone allowances are not taxable if used for business purposes. Meals are also tax exempt when the employer provides it inside business premises.
No benefit is therefore taxable.
Find out more on tax-deductible expenses at https://brainly.com/question/936396.
#SPJ1
Jorge has a new job in an office. Which of the following safety procedures will he most likely need to learn?
Answer: D) How to exit safely in the event of a fire
Explanation:
Risk and uncertainty may arise due to lack of complete information about a particular opportunity. Yet the entrepreneur will work with what information is available to decide whether or not to proceed with an opportunity. Discuss two ways in which an entrepreneur will use the information to understand risk and uncertainty and deciding whether or not to exploit a business opportunity
Entrepreneurs are always faced with risks and uncertainties when considering new business opportunities. These risks may be financial, market, or even technological in nature, and may arise due to a lack of complete information about the opportunity. To decide whether or not to proceed with an opportunity, entrepreneurs must use the information available to them in a variety of ways. Here are two ways in which an entrepreneur may use information to understand risk and uncertainty:
Conducting market research: One of the most important ways entrepreneurs can reduce risk and uncertainty is by conducting thorough market research. By doing so, they can better understand the needs and preferences of their potential customers, the competitive landscape, and potential barriers to entry. Market research can be done through surveys, focus groups, and even social media monitoring. This information can be used to make more informed decisions about the viability of an opportunity, including whether or not it is worth pursuing, what kind of resources may be required, and what kind of risks may be involved.
Building a network of advisors and mentors: Another way entrepreneurs can reduce risk and uncertainty is by building a network of trusted advisors and mentors. These individuals can provide valuable insights and guidance based on their own experiences, helping the entrepreneur to identify potential risks and uncertainties and to make informed decisions about how to proceed. Advisors and mentors can also help the entrepreneur to develop contingency plans for dealing with unexpected events or challenges, which can further reduce risk and uncertainty.
Overall, the key to successfully managing risk and uncertainty as an entrepreneur is to use the information available to you in a strategic and thoughtful way. By conducting market research, building a network of advisors, and remaining flexible in your approach, you can increase your chances of success and make informed decisions about which opportunities to pursue.
~~~Harsha~~~
Question 5
If an individual has a Holland code suggesting Conventional strengths,
career in which field might be most satisfying?
h
O Finance
O Teaching
O Food Service
O Medicine
If an individual has a Holland code suggesting Conventional strengths, the career in finance field might be most satisfying. Thus, the correct answer is option B.
What is a Holland Code?The Holland Codes, also known as the Holland Occupational Themes, are a taxonomy of interests based on a career and vocational choice theory developed by American psychologist John L. Holland.
The Holland Codes are a component of the Strong Interest Inventory, which is used to assess interests. Holland defines the "Conventional Type" as a person who has "a preference for actives that entail the explicit, ordered, systematic manipulation of data . These behavioral tendencies, in turn, lead to the development of clerical, computational, and business system competencies.
Therefore, a career in finance would be appropriate for an individual who has a Holland code suggesting Conventional strengths.
To learn more about Holland Code, click here:
https://brainly.com/question/17074111
#SPJ9
In 2020, a company receives advance payments from its customers. The company will deliver the products in 2021. At the end of 2020, the company will __________ related to this transaction (enter 1, 2, 3, or 4 that represents the correct answer).
1. record a deferred tax asset
2. record a deferred tax liability
3. have a permanent difference
4. report no difference between financial income and taxable income for 2020.
Answer:
In 2020, a company receives advance payments from its customers. The company will deliver the products in 2021. At the end of 2020, the company will ____1______ related to this transaction (enter 1, 2, 3, or 4 that represents the correct answer).
1. record a deferred tax asset
Explanation:
For having paid income tax in 2020 on the cash received for deferred revenue, the company will record a deferred tax asset. This deferred tax asset will then be offset in 2021 when the sales revenue will be recorded according to the financial income accounting. Deferred tax asset arises from the overpayment or advance payment of taxes. The opposite of a deferred tax asset is called a deferred tax liability, representing income tax owed, which will be settled in the coming years.
FILL IN THE BLANK. If the ABC company is losing customers on a regular basis, the force that would explain this is most likely to be ________.
Customers' negotiating power or the threat of new competitors are likely to be the factors contributing to the ABC company's consistent customer losses.
What effect does customer negotiating power have on the market?A strong buyer base reduces the likelihood of making money in a certain business. Consumers foster competition within an industry by lowering prices, requesting additional services or ones of greater quality, and putting competing companies up against one another. Profitability in the industrial sector suffers as a result.
What happens if the clients have substantial negotiation power?The theory holds that the bargaining power of consumers within a certain industry affects a seller's ability to compete and make a profit. Strong buyers can put pressure on vendors to lower prices, improve the quality of their products, and offer more and better services.
Learn more about Customers' negotiating power: https://brainly.com/question/30104841
#SPJ4
epartments have estimated annual factory overhead costs of $256,000 and $480,000, respectively. The Fabrication Dept. expects 25,000 machine hours this year. The Assembly Dept. expects $592,000 DL cost this year. Calculate the factory overhead cost that will be charged to each unit of the two products using multiple production dept. factory overhead rates (round to nearest $0.00).
Answer:
Factory overhead cost charged to each unit:
Fabrication Assembly
Factory overhead rates $10.24 $0.81
Machine hours per unit 5
Direct labor cost per unit $118.40
Factory overhead cost per unit $51.20 $95.90
Explanation:
a) Data and Calculations:
Fabrication Assembly
Annual overhead costs $256,000 $480,000
Expected machine hours 25,000 0
Expected direct labor costs 0 $592,000
Overhead rates $10.24 $0.81
($256,000/25,000) ($480,000/$592,000)
Assuming number of units produced = 5,000
Each unit will consume 5 (25,000/5,000) $118.40 ($592,000/5,000)
machine hours direct labor cost
Overhead cost per unit = $51.20 $95.90
($10.24 * 5) ($118.40 * $0.81)
The efficiency of the typist is known to be 50 words/minute with standard deviation 5 words/minute she is given a new training in 36 tests. She is scored an average of 52words/minute. Do you conclude that the training has improved her speed at 0.05?
Based on the given data, we can conclude that the training has significantly improved the typist's speed at a significance level of 0.05.
How to determine if the training has improved her speed at 0.05To determine whether the training has improved the typist's speed significantly, we can perform a hypothesis test using the given information. We will use a significance level of 0.05, which means that we are willing to accept a 5% chance of making a Type I error (incorrectly concluding that the training has improved the speed when it actually hasn't).
Let's set up the null and alternative hypotheses:
Null hypothesis (H0): The training has not improved the typist's speed. μ = 50 words/minute.
Alternative hypothesis (H1): The training has improved the typist's speed. μ > 50 words/minute.
To test these hypotheses, we can perform a one-sample t-test since we know the population standard deviation.
The test statistic for a one-sample t-test is given by:
t = (xbar - μ) / (s / √n),
where xbar is the sample mean, μ is the hypothesized population mean, s is the standard deviation, and n is the sample size.
In this case, xbar= 52 words/minute, μ = 50 words/minute, s = 5 words/minute, and n = 36.
Let's calculate the test statistic:
t = (52 - 50) / (5 / √36) = 2 / (5 / 6) = 2 * 6 / 5 = 12 / 5 = 2.4.
Next, we need to find the critical value corresponding to a significance level of 0.05. Since the alternative hypothesis is one-sided (μ > 50), we will find the critical value from the t-distribution with degrees of freedom (df) equal to n - 1 (36 - 1 = 35) and a one-tailed significance level of 0.05.
Using a t-table or a t-distribution calculator, the critical value for df = 35 and a one-tailed significance level of 0.05 is approximately 1.691.
Since the test statistic (2.4) is greater than the critical value (1.691), we reject the null hypothesis. This means we have sufficient evidence to conclude that the training has improved the typist's speed at a significance level of 0.05.
Therefore, based on the given data, we can conclude that the training has significantly improved the typist's speed at a significance level of 0.05.
Learn more about significance level at https://brainly.com/question/15414435
#SPJ4
Company B Company B is an IT hosting company that provides a range of shared services used by a wide variety of customers. One of Company B's customers is Company A
Answer and Explanation:
Specifically the following cloud characteristics will aid company B in retaining it's customers:
First cloud services allows a broader network and larger storage facilities. With cloud technology Company Will be able to get their services on a goat of devices: smartphone, tablets, phablets, thereby increasing accessibility for company A's customers. Also there is greater storage facilities available with cloud services
Second third party cloud services could now become an option as company is able to utilize the services of big cloud services companies in providing it's software to company B clients. This would boost security for it's software as well as greater accessibility and service level.
A mirror should be centered on a wall. The mirror is 4 feet wide and the wall is 20 feet wide. Which equation helps determine the distance x on each side of the mirror?
Answer:
A). x + 4 + x = 20
Multiple-choices
A). x + 4 + x = 20
B). 4 + x + 4 = 20
C). x = 20 + 4 + 4
D). 4 = 20 + x + x
Explanation:
The mirror will be in the middle of a wall which is 20 feet wide.
If the mirror is 4 feet, then 4 will be in the middle.
X will be on either side of the 4feet mirror.
Therefore:
x + 4 + x =20
What are different speaking styles
Answer:
the unique way in which the information is delivered to the audience.
Explanation:
hope it is helpful
The competitive threat that outsiders will enter a market is weaker when
The competitive threat that outsiders will enter a market is weaker when the incumbents enjoy substantial cost advantages.
The competitive threat that outsiders will enter a market refers to the possibility that new firms will enter a market to compete against existing firms. It is the degree of competition in a market that is determined by the ability of other companies to enter the same market and offer similar goods or services at a lower cost.
There are certain factors that determine the competitive threat of outsiders, these are:Ease of Entry: When the cost of entering a market is low, the threat of new entrants is high and vice versa.Brand loyalty: In markets where consumers are more loyal to the existing brands, the competitive threat of new entrants is weaker.
Patents: In markets where incumbents hold many patents, the competitive threat of new entrants is weaker.Cost advantage: The competitive threat of outsiders is weaker when incumbents enjoy substantial cost advantages.Cost advantage is the answer to your question.
The competitive threat that outsiders will enter a market is weaker when incumbents enjoy substantial cost advantages.
For more such question on competitive visit:
https://brainly.com/question/28967395
#SPJ8
Wally's Party Warehouse provides wholesale party equipment and materials to Party Shops. In 2019, Wally's Party sold 30 bounce houses at $30,000 each. The bounce houses carry a 3-year warranty for defects. Wally estimates that repair costs will average 2% of the total selling price. The estimated warranty liability at the beginning of the year was $26,000. Claims of $19,000 were actually incurred during the year to honor warranties.
What was the balance in the Warranty Liability account at the end of the year?
Answer:
he is probably a b!tsh for wasting money and I hope he is poor now
Explanation:
DESCRIBE THE FUNCTIONS OF
PRELIMINARY DATA GATHERING?
Preliminary data gathering involves collecting and analyzing relevant information to establish a foundation for research or decision-making, including identifying objectives, assessing data availability, etc.
What are the Functions of Preliminary Data Gathering?Preliminary data gathering encompasses the initial acquisition and evaluation of pertinent information, serving as a basis for research or decision-making. It aids in defining project scope, goals, and needs, while also assessing data availability and quality.
This stage assists researchers and decision-makers in gaining insights, assessing project feasibility, recognizing potential obstacles, and formulating a strategic plan for subsequent data collection and analysis.
Learn more about Preliminary data gathering on:
https://brainly.com/question/14293427
#SPJ1
What lies is at the heart of the allocation of goods and services in a free-market economy?
The notion that lies at the heart of the allocation of goods and services in a free-market economy is the Law of Supply and Demand.
How are resources allocated in the free market?In the free market, people are free to supply and demand various types of goods ( so long as they are legal ) which allows for resources to be allocated such that those demands are met.
The way that these resources are allocated is that there is an interaction between those who are able to supply goods, and those who demand those goods, based on the prices that the people selling and buying are willing to accept, or pay.
Find out more on the free market at https://brainly.com/question/24519548
#SPJ1
Which of the following is one way that technology can improve productivity?
A. The assembly line enables more workers to participate in the production process.
B. Powerful machines are less dangerous to industrial workers.
C. Machines replace workers and eliminate human effort from the production process.
D. Better methods of production allow workers to earn higher wages.
Answer:
machines
Explanation:
Answer:
Machines replace workers, reducing production costs.
Explanation:
Big City, Pennsylvania passed an ordinance that requires all carbonated beverages sold within city limits to come with a label that states: "Many carbonated drinks like this one contain dangerous levels of sugar without offering any recognizable health benefits." The Cool Cola Company would like to challenge this ordinance because it violates Cool Cola's right to free commercial speech. Which of the following legal standards would Big City NOT have to meet to defeat Cool Cola's claim?
a. Big City must tailor the regulation to fit whatever interest it has asserted in justifying the regulation.
b. Big City must demonstrate that the regulation does not unduly affect the sales of cool cola.
c. Big City must demonstrate that the regulation "directly advances" whatever interest it has asserted in justifying the regulation.
d. Big City must demonstrate a "substantial interest" in regulating the speech.
The legal standard that Big City would NOT have to meet to defeat Cool Cola's claim is b. Big City must demonstrate that the regulation does not unduly affect the sales of cool cola.
Is this statement relevant?
This standard is not relevant to determining whether the ordinance violates Cool Cola's right to free commercial speech.
The other three standards are relevant to determining the constitutionality of the ordinance under the First Amendment's protection of free speech.
Specifically, the government (in this case, Big City) must demonstrate that the regulation is narrowly tailored to achieve a substantial government interest (c), directly advances that interest (c), and serves a substantial interest (d) in order for the regulation to be constitutional under the First Amendment.
To know more about constitution related question visit:
https://brainly.com/question/29799909
#SPJ1
1. By giving yourself a safety cushion on all sides of the vehicle you improve your ability to? 1. stop 2. maneuver 3. think 4. all of the above
Answer: 4
Explanation: All of the above
United Resources Company obtained a charter from the state in January of this year. The charter authorized 218,000 shares of common stock with a par value of $2. During the year, the company earned $494,000 Also during the year, the following selected transactions occurred in the order given:
a. Sold 83,000 shares of the common stock in an initial public offering for $13 per share.
b. Repurchased 23,000 shares of the previously issued shares for $16 per share.
c. Resold 3,000 shares of treasury stock for $19 per share.
Required:
Prepare the stockholders’ equity section of the balance sheet at December 31, 2014. (Amounts to be deducted should be indicated with a minus sign.)
Answer:
United Resources Company
Stockholders' Equity Section of the Balance Sheet at the end of the year:
Authorized share capital:
Common stock, $2 par, 218,000 shares
Issued and Outstanding shares:
Common stock, $2 par, 66,000 shares $172,000
Additional paid-in capital - common stock 642,000
Treasury stock, $2 par, 20,000 shares (40,000)
Retained earnings 494,000
Total equity $1,268,000
Explanation:
a) Data and Analysis:
Authorized share capital:
Common stock, $2 par, 218,000 shares
Net income for the year = $494,000
Transactions:
a. Cash $1,079,000 Common stock $166,000 Additional Paid-in Capital - Common $913,000
83,000 shares of the common stock in an initial public offering for $13 per share.
b. Treasury stock $46,000 Additional Paid-in Capital- Common stock $322,000 Cash $368,000
23,000 shares of the previously issued shares for $16 per share.
c. Cash $57,000 Common stock $6,000 Additional Paid-in Capital - Common stock $51,000
3,000 shares of treasury stock for $19 per share.