Answer:
Explanation:
The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
And, the ending balance of the common stock = Beginning balance of common stock + issued shares
Before preparing the statement of stockholders’ equity we need to calculate the net income or net loss as the case may be. The computation is shown below:
Net income = Sales revenue - cost of goods sold - operating expenses
= $780,800 - $519,000 - $88,800
= $173,000
The preparation of the statement of stockholders’ equity is presented in the spreadsheet. Kindly find the attachment below:
I recently had this assignment and here are a couple of was to do this:
1st way (which is correct according to my grading):
= # of Nights*Hotel rate*(1+hotel tax rate)
2nd way (I got counted wrong for this one on my assignment):
=(hotel rate+(hotel rate*hotel tax rate))*Number of nights
Answer:
a. 10,000 units
Explanation:
The computations of units completed are shown below:
= Beginning work in process units + units started - closing work in process units
= 3,000 units + 11,000 units - 4,000 units
= 10,000 units
For this question, we ignored the equivalent units as the question has asked about the completed units only
So, all other information is irrelevant
Answer: 16.33%
Explanation:
With the details given, the best method of Calculating the expected rate of return is the Capital Asset Pricing Model (CAPM).
The formula is,
Er = Rf + b(Rm - Rf)
Where,
Er is expected return
Rf is the risk free rate
b is beta
Rm - Rf is the Market Premium
Er = 3.87% + 1.38(9.03)
= 3.87% + 12.4614%
= 16.33%
The model accounts for inflation by including the risk free rate which is already adjusted for inflation.
Answer:
The answer is 62% (B)
Explanation:
The easiest way to answer this is by simply doing $65,000 divided by $105,000. You'll get 61.9 but if you round it, you get 62% and that's how you get the answer.
Also, I just got this question and I got it correct.
Hope this helps!!
