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hram777 [196]
2 years ago
13

Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Liabilities of $77.152 million Cash of $6.030 millio

n Total Assets of $125.989 million Total Common Stock of $3.810 million. What were the Digby Corporation's retained earnings
Business
1 answer:
jonny [76]2 years ago
5 0

Answer:

$45.027 million

Explanation:

The accounting equation shows the relationship between the various elements of the balance sheet. These are the assets, liabilities and equity. It is given as

Assets = Liabilities + Equity

The owner's equity is made up of the common stock and retained earnings (which is the net income less dividend paid over the period).

Equity = $125.989 million - $77.152 million

= $48.837  million

Retained earnings = Equity - Common stock

= $48.837  million - $3.810 million

= $45.027 million

Digby Corporation's retained earnings is $45.027 million

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Katarina [22]

Answer:

C) A learning management system

Explanation:

Analyzing the above scenario, it is clear that the learning management system would be very useful to the HR department at Trevor Communications.

This system can be defined as a learning process that takes place in a virtual way, in an environment where each individual can access learning content in an interactive and dynamic way, by accessing a tool that contains the content and information necessary for specific learning.

This system confers several advantages to the organization, such as the elimination of personnel costs, greater ease of monitoring and follow-up, greater availability, ease of implementation and evaluation.

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2 years ago
Builders Inc., Real Estate Broker, Inc., and Developers, Inc. form a business to purchase, develop, and build a shopping mall in
Nina [5.8K]

Answer:

Joint Venture

Explanation:

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2 years ago
The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $31,000 per year fo
Whitepunk [10]

Answer: 6.51%

Explanation:

To get the interest rate at which the deal will be fair

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r = 0.06512

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2 years ago
If a product is targeted to a risk-seeking individual who is college educated,
Sindrei [870]

The answer is pretty much in the question: the market segmentation used was targeted at a high-paying, educated and sport-interested market segment.

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2 years ago
Two of the statements describe productive efficiency, two describe allocative efficiency, and the remaining two statements descr
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Answer:

Productive Efficiency refers to the point where an entity is utilizing all of its resources in production such that if it wishes to produce one more unit of a good it would have to give up equivalent units of another good.

Allocative efficiency refers to resources being used to produce goods that are in demand such that the resources in the economy goes to products that are needed by the people and therefore benefits both the consumers and the producers who make more money selling said products.

Productive Efficiency

  • To produce one more bagel, the output of donuts must fall.
  • If Herb Farmer wants to produce one more cake, he needs to give up two loaves of bread.

Allocative Efficiency

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Not Efficient

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