Answer:
$40,732
Explanation:
The computation of the amount of stockholders' equity is shown below:-
Amount of stockholders' equity = Cash + Accounts Receivable + Supplies Land - Accounts Payable
= $10,970 + $8,795 + $1,803 + $24,968 - $5,804
= $46,536 - $5,804
= $40,732
Therefore we have applied the above formula to reach out the amount of stockholders' equity.
Answer:
The gain/loss on the sale of the 15,000 shares is $20,000
Explanation:
The value of the investment as at the end of 2018 using the equity method is computed thus:
Note that 30% of 100,000 shares=30,000 shares
ending value =initial investment+share of profit-share of dividends
ending value =$1,500,000+($300,000*30%)-($100,000*30%)
ending value=$1560000
gain/(loss)=$800,000-($1560000
*15000/30000)
gain/(loss)=$20,000
Answer:<u> Selling Price = $9803.92</u>
Explanation:
Given:
Treasury bill will provide 2% return in every 6 months.
Time = 6 months
Rate of return = 2% per 6 months
Selling Price of Treasury bill = 
Selling Price = 
<u><em>Hence price we would expect a 6-month maturity Treasury bill to sell for is $9803.92</em></u>
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Answer:
Explanation:
MPS Week 1 = 150
It takes 3 widgets for 1 WhatchaMacalit.
Widgets required Week 1 = 150 *3 = 450
Painting hours required Week 1 = 450*0.5 = 225 hours
Painting hours required Week 2 = 120*3*0.5 = 180 hours
Similarly, Week 3 = 75 hours
Week # 1 2 3
Widget paint 225 180 75
