Capital stock is a stockholder's equity accounts Thus, option B is correct.
According to the corporate charter, capital stock is the number of common and preferred shares that a company is authorised to issue. Capital stock can only be issued by the company and represents the total number of shares that can ever be issued. The amount is shown on the balance sheet under shareholders' equity.
The number of outstanding shares (shares issued to investors) does not always equal the number of available or authorised shares. Authorized shares are those that a company is legally permitted to issue—capital stock—while outstanding shares are those that have been issued and are still held by shareholders.
Learn more about Capital stock
https://brainly.com/question/29992715
#SPJ4
Correct question:
Which of the following accounts is a stockholders' equity account? a. Cash B Capital Stock c.
Marketing research involves all of the following regarding information EXCEPT:
identification.
collection.
analysis.
manipulation.
dissemination.
Market research involves identification, collection, analysis, and dissemination. Hence, all options are correct EXCEPT manipulation.
Market research is a means of gathering information about certain markets and target customers. Market research firms and trade associations give statistics and statistical reports on current and projected market trends.
Typical steps in doing market research includes:
Identify and define the problem or research questionsMake the planCollect data and informationAnalyze data and the findingsDisseminate the results in a report, paper, or other publications.It's sometimes necessary to put up a summary of the study, including the process you used, the results, the conclusions, and the next steps you recommend based on those results.
Learn more about market research here:
https://brainly.com/question/12371177
#SPJ4
FILL IN THE BLANK. Direct materials, direct labor, and manufacturing overhead are all ______ costs.
Direct materials, direct labor, and manufacturing overhead are all product costs.
The direct costs actively engaged with the manufacturing of a product are referred to as product costs. A retailer's product expenses would include goods purchased from a supplier in addition to any other costs related with bringing their products to market. In summary, product costs encompass any costs incurred during the purchase or production of a product.
Product costs are typically categorized as inventories and referenced to as "inventoriable costs" since these are used to calculate the inventory's worth. When a product is sold, the expenditures associated with it are added to the cost of goods sold, which is represented on the income statement.
Learn more about Income here:
https://brainly.com/question/25745683
#SPJ4
if average inventory is $5 million and annual sales is $55 million, what is the inventory turnover rate?
$0.5 million is the inventory turnover rate. Cost of goods sold divided by two divided by (Beginning inventory plus Final inventory) is the inventory turnover ratio.
The inventory turnover ratio calculates how frequently your average inventory is "turned" or sold over a predetermined time period. A low inventory turnover ratio could indicate sluggish sales or overstocking (also known as surplus inventory). The percentage of clients lost over time for a product or marketing team is referred to as turnover rate. The turnover rate for a SaaS provider will take into account both customers who proactively cancel their subscriptions and those who merely choose not to renew them.
To learn more about inventory, click here.
https://brainly.com/question/14184995
#SPJ4
Which term best completes the diagram?
Household
?
O A. Capital
OB. Natural resources
O C. Goods
D. Wages
Answer:
b natural resources that is the answer
Natural Resources is the term that best completes the diagram. Hence, option B is appropriate.
What is the meaning of Natural Resources?Natural resources are substances obtained from the planet that is used to sustain life and provide for human needs. A natural resource is something that comes from nature that humans use. Natural resources include things like stone, sand, metals, oil, coal, and natural gas. Air, sunlight, soil, and water are examples of other natural resources.
Natural resources are those that are derived from nature and used largely unaltered. This covers the origins of highly valued traits, such as their utility for commerce and industry, aesthetic worth, scientific interest, and cultural significance.
They are necessary for the economic, social, and environmental health of the entire planet. Natural resources provide us with food, water, fuel, and many other things. But in addition to being useful daily, natural resources are crucial for maintaining a sustainable and healthy ecosystem.
Hence, option B is correct.
Learn more about Natural Resources here:
https://brainly.com/question/31275228
#SPJ5
question 2 which of the following is an asset? (check all that apply) 1 point prepaid rent common stock cash notes payable retained earnings
Cash is an asset .Current assets include: Cash and cash equivalents, such as treasury bills and certificates of deposits.
The retained earnings is not a asset because it is considered a liability to the institution. Accounts payable is considered a current liability, not an asset, on the balance sheet. Accounts receivable is listed as a current asset in the balance sheet, since it is usually convertible into cash in less than a year. Common stock is considered an asset.
cash is a current asset and is the first line-item on a company's balance sheet. Cash is the most liquid type of asset and can be used to easily purchase other assets. Liquidity is the ease with which an asset can be converted into cash.
3 types of assets are:-
long-term assets.Current Assets. Current assets are assets that can be easily converted into cash and cash equivalents (typically within a year).Fixed or Non-Current Assets. Non-current assets are assets that cannot be easily and readily converted into cash and cash equivalents.Personal assets can include a home, land, financial securities, jewelry, artwork, gold and silver, or your checking account. Business assets can include such things as motor vehicles, buildings, machinery, equipment, cash, and accounts receivable.
Learn more about asset here:-
brainly.com/question/15000262
#SPJ4
your grandfather invested $1,000 in a stock 36 years ago. currently, the value of his account is $318,000. what is his geometric return over this period? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
17.36% is his geometric return over this period.
($318,000 / $1,000)1/36 − 1 = .1736, or 17.36%
What is the geometric return?
One of three approaches to estimating return over a range of time periods is a geometric return. It takes compounding into account and is frequently applied in retrospective performance appraisals. Both the "total geometric return" and the "average geometric return" exist. Because this is time-certain, the sequence of returns does matter. Discrete and continuous data are frequently distinguished in math and statistics. The more theoretical continuous version is log return. However, in the real world, most individuals consider returns divided into distinct time periods.
To learn more about geometric return visit;
https://brainly.com/question/28562900
#SPJ4
Sergei had to decide among watching a two-hour movie with a cost of $20, buying a book to read for $10 that would take about four hours to read, and going to a three-hour concert for $30. If he considers the benefit of each situation to be proportional to the amount of time, with a value of about $50 per hour, what is the opportunity cost of the best decision?.
The opportunity cost of the best decision would be $20. By watching the two-hour movie, Sergei would get the most bang for his buck, as it would cost $20 and provide two hours of entertainment, amounting to $50 per hour.
The other two options provide less value for the cost, as the book would cost $10 and take four hours to read, coming to $25 per hour, and the concert would cost $30 and take three hours, equating to $10 per hour. Therefore, the best decision for Sergei to make would be to watch the movie, and the opportunity cost of this decision would be $20. This cost is the amount of money Sergei would have to forgo in order to make the best decision.
To know more about opportunity cost refer to the link brainly.com/question/13036997
#SPJ4
At Creighton Company, the following errors were discovered after the transactions had been journalized and posted.
(1) A collection on account from a customer for $870 was recorded as a debit to Cash $870 and a credit to Service Revenue $870.
(2) The purchase of store supplies on account for $1,570 was recorded as a debit to Supplies $1,750 and a credit to Accounts Payable $1,750.
Prepare the correcting entries
The correction entries shall be as follows, . Service Revenue Dr.$ 870 client Account Cr.$ 870 2. Store Purchases Dr.$,570 Accounts Payable Dr.$ 180 inventories Account Cr.$,750.
1. The service profit account was exaggerated and client account understated. thus by charging service profit and by crediting client account, both have been paraphrased at their factual position.
2. The account was exaggerated by$ 180(,750-,570). it is amended by charging with$ 180. Whereas the inventories regard was incorrectly charged thus that impact of$,750 switched and factual store purchases charged with the factual quantum of$,570.
to know more about revenue click here:
https://brainly.com/question/23706629
#SPJ4
the ______________________ prohibits creditors from issuing credit cards you have not requested
The Equal Credit Opportunity Act prohibits creditors from issuing credit cards you have not requested.
Credit is the capacity to obtain funds on credit, as well as goods or services, with the expectation that payment will be made later. A bank or other financial organization will lend you money on credit. You are in debt up to that amount. You will be required to repay your loan, frequently with additional fees and interest. A credit is an entry that demonstrates the receipt of money in personal banking or financial accounting. A bank account register typically has credits (deposits) on the right side and debits (amounts spent) on the left. A contract between a lender and a borrower is the standard definition of credit. In addition, the term "credit" can refer to someone's or a company's creditworthiness or credit history.
Learn more about Credit here
https://brainly.com/question/29548283
#SPJ4
what would tire city external financing if inventory is not reduced
The effect of not reducing inventory on tire city's external financing would depend on several factors, such as the size of the inventory, the cost of holding the inventory, and the company's cash flow.
If tire city has a large inventory and is holding onto it for an extended period, the cost of holding the inventory may increase, which could negatively impact the company's cash flow and financial performance. This could make it more difficult for tire city to secure external financing in the future, as lenders or investors may view the company as a high-risk investment.
However, if tire city is able to manage its inventory effectively and sell it quickly, the company may not face any issues with external financing. In this case, the size of the inventory may not have a significant impact on the company's ability to secure financing.
To read more about Inventory, Visit- https://brainly.com/question/28960940
#SPJ11
when best buy provides a loyal
When Best Buy provides a loyal purchaser with a relevant coupon, primarily based on previous purchases through his or her cell phone, while the client is in the store, this is an instance of relevancy and interesting the customer.
What is the relevance of customer?A purchaser is an character or enterprise that purchases another company's goods or services. Customers are necessary because they force revenues; except them, agencies can't continue to exist.
What is relevancy in client experience?The patron relevancy model appears at touchpoints and measures the organisation towards the opposition for 5 extraordinary attributes. The mannequin reflects research that indicates customers really solely value these five attributes, which are access, price, product, service, and experience.
Learn more about relevance of customer here:
https://brainly.com/question/1286522#SPJ4a new company is expected to have annual earnings received at year end of $39,000 for 15 years, with a resale value of $75,000 at the end of that time. the present value of an ordinary annuity at 10% for 15 periods is 7.60608. the present value of 1 at 10% for 15 periods is 0.23939. the future value of 1 at 10% for 15 periods is 4.17725. the present value for the company using a 10% discount rate is
The present value for the company using a 10% discount rate is $314,591.
How are the annuity's present value and future value determined?
The current present value, the annual investment return, and the number of years you wish to project into the future are the three pieces of data you require. An annuity's future value is calculated as the present value multiplied by the interest rate (r) over the desired number of years (n). Given a specific rate of return, or discount rate, the present value of an annuity is the current value of the future payments from an annuity. The present value of the annuity decreases as the discount rate increases. present value * the interest rate (r) over the desired number of years (n).
The present value for the company using a 10% discount rate is $314,591.
To learn more about present value refer to:
brainly.com/question/15904086
#SPJ4
list three ways the credit card industry makes money off of customers?
These are the extraordinary charges thru which credit score card corporations make and earn money. These might also include money processing fees, reward redemption costs and money increase fees.
For example, you have to pay an extra amount whenever you make any savings card payment in cash.
What are three ways the credit score card industry makes cash off of clients Dave Ramsey?Credit card agencies make their cash in three ways: 1) expenses paid with the aid of cardholders, 2) transaction fees paid with the aid of businesses, and 3) hobby paid via cardholders.
Credit cards are convenient and secure, they help build credit, they make budgeting easier, and they earn rewards. And no, you do not have to go into debt, and you don't have to pay interest.
Learn more about credit card industry here:
https://brainly.com/question/26857829#SPJ4Suppose that S&P500 price/earnings ratio is 17.5, and its dividend payout ratio is 50%. Estimating a future growth of dividends of 7%, what is E(rm)? Assume this index proxies the market.
E(rM) = Dividend Payout ratio x (1+growth rate)/ Price Earning ratio + Growth rate
Enterprise risk management E(rm) = 10.06%
E(rM) = Dividend Payout ratio x (1+growth rate)/ Price Earning ratio + Growth rate
E(rM) = 50%*(1+7%)/17.50 + 7%
E(rM) = 10.06%
A dividend is a payment made to shareholders by publicly traded companies that is funded by the company's net profit. Such rewards can take the form of cash, cash equivalents, shares, and so on. A dividend is cash distributed to shareholders from profits. They are usually paid once a quarter. AT&T, for example, has made similar distributions for several years, with its 2021 third-quarter issue priced at $2.08 per share.
Dividend investing can be a very profitable investment strategy. Dividend stocks have historically outperformed the S&P 500 while experiencing less volatility. This is because dividend stocks offer two types of returns: regular income from dividend payments and capital appreciation from stock price appreciation. Over time, this total return can add up.
Learn more about Dividend
https://brainly.com/question/17031701
#SPJ4
true or false? a potential franchisee is often short of money, lacks marketing knowledge and skills, may not know the industry very well, and would rather not pursue the opportunity alone. a. true b. false
False, A prospective franchisee frequently lacks funds, lacks marketing expertise, may not be well-versed in the market, and would prefer not to pursue the possibility by themselves.
A fund is a collection of funds set aside with a specific goal in mind. In order to provide returns for its clients, funds frequently invest and properly manage their money. Foundations, endowments, insurance funds, and pension funds are a few examples of common forms of funds. A fund is a sort of investment that amasses funds from numerous investors. Following that, fund managers invest the money in a range of equities and bonds. Units representing a portion of the fund's holdings are distributed to each participant. The money set aside for a specific purpose is referred to as funds. Along with actual money, it entails financial planning. There are several funds, including ones for emergency situations, education, retirement, and pensions.
Learn more about funds here
https://brainly.com/question/29384249
#SPJ4
what are 2 ways to use a vendor credit in quickbooks online?
There are two ways to use vendor credit in QuickBooks Online. The first is to use the supplier's credit on the invoice. This is when you have an open invoice from a supplier and want to use credit to reduce the amount owed. To do this, go to the supplier's page, select the invoice and then apply the credit.
The second way to use supplier credit is to create a credit note. This is when you have received a credit from a supplier but do not have an invoice to pay. This credit can be applied to future invoices from the same supplier. To do this, go to the supplier's page, select a credit note, enter the credit amount and then save. This credit is then applied to future invoices.
To know more about quickbooks click here
https://brainly.com/question/29024528
#SPJ4
collections of related projects are normally coordinated by which of these?
Portfolio Managers. While the project manager is managing multiple tasks within a project, the program manager is coordinating between related projects within a program, in order to determine which projects are working towards the same or similar goals, and which may be dependent upon others.
A portfolio manager is a person or group of people responsible for investing a fund's assets, implementing the fund's investment strategies, and managing day-to-day portfolio management.
Portfolio managers can take an active or passive management role.
The ability to originate ideas and to employ excellent research skills are just two factors that influence a portfolio manager's success.
To know more about Portfolio manager, visit: brainly.com/question/30386425
#SPJ4
Marketing typically impacts which of the following groups in society? - Customers - Owners - Suppliers.
Marketing typically impacts all three groups in society: customers, owners, and suppliers.
Customers: Marketing is primarily aimed at customers and is designed to influence their buying behavior. By understanding the needs and preferences of customers, companies can create marketing strategies that effectively communicate the benefits of their products or services and encourage customers to make a purchase.
Owners: Marketing also impacts the owners of a company. By creating demand for their products and services, successful marketing can increase sales and profits, helping to grow the business and increase the value of the owner's investment. Suppliers: Marketing can also impact suppliers by creating demand for the products and services they supply. A strong marketing effort can help to increase sales, leading to increased demand for the products and services supplied by suppliers. This can benefit suppliers by creating new business opportunities and helping to grow their own businesses.
Overall, marketing plays an important role in shaping the behavior of customers, owners, and suppliers, and has a significant impact on the economy as a whole.
To learn more about Customers - Owners - Suppliers here:
https://brainly.com/question/28180229
#SPJ4
What are the 4 main types of businesses?
Business can be classified into 4 categories, there are sole proprietorship, partnership, corporation, and also S corporation. That type of business is being classified by Legal and tax considerations .
In the term of economic, Business also known as the efforts and activities of a person who generally can be defined as a producing goods or offering services with the intent to sell them for profit. In the other side, Business also can be described as an enterprising entity or organization that carries out professional activities.
Here you can learn more about type of business https://brainly.com/question/15441956
#SPJ4
in this country, running for congress involves mostly an individual decision and effort, whereas in most european nations the decision and effort are primarily organizational. group of answer choices true false
True; In this country, running for Congress involves mostly an individual decision and effort, whereas in most European nations the decision and effort are primarily organizational.
The legislative of the U.S. federal government is known as the United States Congress. It is bicameral, with the House of Representatives as its lower body and the Senate as its upper body. It convenes in Washington, D.C., at the Capitol building. Direct elections are used to choose senators and representatives, though the governor may nominate someone to fill a vacancy in the Senate. There are 435 congressmen and 100 senators in the 535-member Congress. Only when there is a tie in the Senate does the vice president of the United States have a vote. Six members of the House of Representatives are non-voting.
Currently, Congress sessions last for a two-year term and start every other January. Every even-numbered year on Election Day, elections are held.
To know more about Congress, click here https://brainly.com/question/16912743
#SPJ4
A country’s national competitive advantage and its attractiveness as a location for international business are most influenced by?
The Correct Option is c. Not inherited, but created, is national prosperity. As classical economics maintains, it does not arise from a nation's natural resources, labor force, interest rates, or currency value.
The ability of an industry to develop and modernize determines a country's competitiveness. Pressure and challenge give businesses an edge over the strongest rivals in the world. They gain from having tough domestic rivals, combative local suppliers, and picky neighborhood customers.
Nationalism has increased rather than decreased in importance in a world of escalating global competitiveness. The nation's importance has increased as the invention and assimilation of knowledge has become a larger part of competition. A highly localized process produces and sustains competitive advantage.
Learn more about international businesses Visit: brainly.com/question/24553900
#SPJ4
Correct Question:
A country's national competitive advantage and its attractiveness as a location for international business are most influenced by
Multiple Choice
a. the existence of a common religion.
b. the presence of more than one language or culture.
c. a well-developed education system.
d. the prevalence of communist ideals.
e. an emphasis on caste stratification.
which advertising objective is best suited to maintaining customer relationships and for more mature products?
Reminder advertising objective is best suited to maintaining customer relationships and for more mature products.
For products that are in the mature stage of the product life cycle, reminder advertising are very successful. The product life cycle's maturity stage is simply referred to as a phase that shows how revenues must reach a peak before declining. Sales growth typically slows down at this point, and the product is said to have gained widespread market acceptability.
In conclusion, a product can only reach its maturity stage when sales have risen to their peak level and the rate of volume sales growth tends to remain constant. Reminder can help at this point by reminding them about the product.
To learn more on reminder advertising, visit:
https://brainly.com/question/9938991
#SPJ4
the munsters are remodeling their bedroom. the contractor wants $22 per square foot, and the room measures 15 feet by 10 feet. what will be the cost of remodeling?
$2,640 will be the cost of remodeling as the the contractor wants $22 per square foot, and the room measures 15 feet by 10 feet.
What is cost?
A cost is the worth of money that has been expended to produce something or provide a service and is therefore no longer available for use in production, research, retail, and accounting.
In the case of an acquisition cost, the money spent on the acquisition is considered the cost. In this instance, money is the input used to obtain the item.
This acquisition cost may include both additional transaction expenses incurred by the acquirer over and beyond the price given to the producer, as well as the cost of production as borne by the original producer. Typically, there is a profit margin added to the price over the cost of production.
Learn more about cost, here
https://brainly.com/question/15135554
#SPJ1
in an activity-based costing (ABC) system, what should be used to assign departmental manufacturing overhead costs to products produces in varying lot sizes? a. Multiple cause-and-effect relationships. b. A single cause-and-effect relationship. c. A product's ability to bear cost allocations. d. Relative net sales values of the products.
In an activity-based costing (ABC) system, Multiple cause-and-effect relationships should be used.
What is Multiple cause-and-effect?To allocate overhead expenses to particular goods or services, the idea of multiple cause-and-effect is employed in cost accounting. As opposed to a single component, such as direct labour hours, a multiple cause-and-effect connection bases the assignment of overhead costs to goods or services on a variety of factors or activities. Due to its consideration of the various resource consumption rates of each good or service, this method results in a more precise distribution of overhead expenses. For instance, in a production scenario, overhead costs can be allocated in accordance with the quantity of setups, machine hours, or material usage. The true cost of creating each good or service can be better understood by an organisation by leveraging various cause-and-effect linkages.
To learn more about activity-based costing visit:
https://brainly.com/question/29310410
#SPJ4
one of the first steps to take when using cvp analysis to help make decisions is ________.
One of the first steps to take when using CVP analysis to help make decisions is to determine the relevant costs and revenues associated with different options or scenarios.
What is CVP Analysis?Organizations can use the Cost-Volume-Profit (CVP) analysis as a management tool to assess how changes in costs, volumes, and selling prices will affect their overall profit. It sheds light on how fixed expenses, variable costs, sales volume, and profitability are related. Making decisions about pricing, product mix, and cost management require the use of this information.
The fundamental elements of CVP analysis are as follows:
1. Cost Organization: Identifying and classifying all expenditures into fixed costs and variable costs is the first stage in doing a CVP analysis. Rent and salary are examples of fixed expenses that do not fluctuate as a result of changes in output volume, whereas raw materials and direct labor are examples of variable costs that do.
2. Break-Even Point (BEP): The BEP is the point at which a corporation no longer experiences a profit or loss and its income equals its costs. This is a critical requirement that must be fulfilled before a business can start to turn a profit.
3. Contribution Margin: The contribution margin is the portion of each dollar of sales that can be used to pay for fixed expenses and turn a profit. The variable cost per unit is subtracted from the selling price per unit to arrive at this number.
To know more about CVP Analysis visit:
https://brainly.com/question/29564340
#SPJ4
Which measurement model applies to exploration and evaluation of asset subsequent to initial recognition?
The fair value model is a measurement model that applies to assets and liabilities that are measured at fair value in the financial statements. This model requires the use of observable market data or other inputs that can be used to estimate the fair value of the asset.
The purpose of this model is to provide a consistent and reliable measure of an asset's value, which can be used to support financial reporting and decision-making.
"Initial recognition" is a term used in accounting and finance to refer to the process of recognizing an asset for the first time in the financial statements. The measurement model that applies to the exploration and evaluation of an asset subsequent to initial recognition is known as the fair value model.
One of the key benefits of the fair value model is that it provides a clear and concise picture of the asset's value at a given point in time. This can be especially useful in the context of exploration and evaluation, as it provides a basis for evaluating the potential of an asset and determining its value over time.
Another advantage of the fair value model is that it can help to support effective decision-making by providing a clear and transparent picture of an asset's value. For example, if an asset is valued at a high price, it may be more attractive to investors and stakeholders, which could help to support investment and decision-making.
To know more about fair value refer to-
brainly.com/question/24168002#
#SPJ11
When labeling food that is packaged ON SITE for RETAIL, the label must include:
In order to properly label food that has been packaged on-site for retail sale, it must either include the food's common name or a statement distinctly distinguishing it food's overall quantity.
For properly labeling on site for retail: List the ingredients in decreasing weight order if the item has two or more. Manufacturer, packer, or distributor contact information must be listed on the label. The common name of the dish or a statement distinctly and correctly identifying it should appear on food labels. Food that is obviously not going to be confused with another foodstuff doesn't need to be labelled.
For more questions on labeling, refer to:
https://brainly.com/question/29548181
#SPJ4
which of the following best defines systemic risk? the idea that due to the high amounts of business transactions between financial institutions, financial instabilities that occur in just a few financial institutions can very easily spread to others. the idea that the failure of one institution is an isolated event and will not affect other institutions and markets in the financial system the idea that in a financial transaction, one party has more information than the other party the degree to which securities can easily be sold without a loss of value
The idea that due to the high amounts of business transactions between financial institutions, financial instabilities that occur in just a few financial institutions can very easily spread to others.
The danger of the entire financial system or market collapsing is referred to as systemic risk in finance. This is different from the risk associated with any one specific entity, group, or component of a system, which can be contained inside it without causing harm to the entire system.
According to a popular understanding of systemic risk, the primary cause is an external event, such as a natural or man-made catastrophe like a storm or the start of war.
The SRC holds that endogenous risk, which is produced by and within the financial system and is subsequently magnified by the system, is the primary source of systemic risk.
To know more about systemic risk, visit:
https://brainly.com/question/30053159
#SPJ4
suppose you expect to receive $80 at the end of year 1, $90 at the end of year 2, $100 at the end of year 3, and $110 at the end of year 4. what is the present value of these cash flows if the interest rate is 7 percent compounded annually?
Future cash flow is worth $338.90 at present.
The present value of a future cash flow is calculated by using the following formula:
Present Value = Future Value / (1 + r)ⁿ
Where r is the interest rate and n is the number of periods.
To calculate the present value of the cash flow, we need to solve for the present value of each cash flow separately:
Present Value of Year 1 = $80 / (1+0.07)¹ = $74.68
Present Value of Year 2 = $90 / (1+0.07)² = $81.11
Present Value of Year 3 = $100 / (1+0.07)³ = $87.94
Present Value of Year 4 = $110 / (1+0.07)⁴ = $95.17
The total of all the current values represents the present value of these cash flows.
Present Value = $74.68 + $81.11 + $87.94 + $95.17 = $338.90.
To learn more about cash flow visit:
https://brainly.com/question/24179665
#SPJ4
exercise 2.3 (algo) preparing a balance sheet (lo2-4) the balance sheet items of kiner company as of december 31, current year, follow in random order. land $ 100,000 office equipment $ 11,000 accounts payable 50,000 building 250,000 accounts receivable 50,000 capital stock 75,000 cash 40,000 notes payable 210,000 retained earnings ? a. compute the amount for retained earnings. b. prepare a balance sheet for the company.
The amount for retained earnings of the Kiner company as of December 31 is $25,000.
What are retained earnings?Retained earnings are the total sum of a company's profits that are held aside for reinvestment as opposed to being distributed as dividends to shareholders (RE). The majority of the time, these funds are used to pay off debt or to buy working capital and fixed assets (capital expenditures). Retained Earnings are reported in the shareholder's equity column of the balance sheet at the end of each accounting period. The beginning RE balance is added to net income (or deducted from net loss, depending on the case) after dividend payments are deducted to arrive at RE. Retained earnings statements are also kept, which provide an overview of how RE changed over time.
Amount of retained earnings= 75000-50000= $25,000
To learn more about retained earnings, visit:
https://brainly.com/question/14529006
#SPJ4