All categories

2 years ago

Statement of Owner's Equity

Business

1 answer:

attashe74 [19]2 years ago

7 0

Answer:

Net equity is $727,500.

Explanation:

Statement of Owner's Equity:

Share Capital $781,000

Withdrawals $19,000

Net Loss $34,500

Net equity $727,500

You might be interested in

Alpha Company has riskless debt, a debt-equity ratio of .46, a tax rate of 35 percent, and an unlevered firm beta of 1.23. What

Colt1911 [192]

Answer:

Equity Beta= 2,529

Explanation:

The risk of investing in a particular stock is measured with a metric referred to as equity beta. Equity Beta measures the volatility of the stock to the market, how sensitive is the stock price to a change in the overall market. It compares the volatility associated with the change in prices of a security. It changes with the capital structure of the company which includes the debt portion.

There are 3 methods to calculate Equity Beta:

1- Using the CAPM Model

2- Using Slope Tool

3- Using Unlevered Beta

In this exercise, we have the information to use the third method.

Equity Beta Formula = Unlevered Beta [ 1 + (D/E)( 1-Tax )]

Unlevered Beta= 1,23

D/E= 0,46

Tax rate= 0,35

Equity Beta = 1,23 + (1+0,46*0,65)

Equity Beta= 2,529

8 0

2 years ago

Design Services is organized as a limited partnership, with Miko Toori as one of its partners. Miko's capital account began the

Veseljchak [2.6K]

Answer:

Partners return on the equity will be 18.8 %

So option (e) will be correct option

Explanation:

We have given Miko's capital account began the year with a balance of $16200

So beginning equity of miko's = $46,200

Ending equity of miko's = $46,200 + $8,700 - $5,200 = $49,700

Average equity $=\frac{49700+46200}{2}=$47950$

Partners return on equity $=\frac{partners\ net\ income}{average\ partners\ equity}=\frac{8700}{47950}=0.181=18.1%$

So partners return on equity will be 18.8 %

So option (e) will be the correct answer

3 0

2 years ago

Which idea best explains the Datasheet view?

nydimaria [60]

Answer:

a default setting for displaying all the data in a table

Explanation:

Datasheet View is default settings in Database Management System, which allows access to view the displayed data organized in columns and rows similar to an excel worksheet.

It also allow options for enter, delete or modify the data in a table.

Hence, in this case, the best idea that explains the Datasheet view is a default setting for displaying all the data in a table

3 0

2 years ago

Privo Co. purchases a machine that cost $15,000. Privo estimates a 5-year life with no salvage value. The first three years of d

Ierofanga [76]

Answer:

Double-declining balance method

Explanation:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 4

= 20%

Now the rate is double So, 40%

In year 1, the original cost is $15,000, so the depreciation is $6,000 after applying the 50% depreciation rate

And, in year 2, the depreciation is ($15,000 - $6,000) × 40% = $3,600

And, in year 3, the depreciation is ($15,000 - $6,000 - $3,600) × 40% = $2,160

6 0

2 years ago

A vacation house in Colorado is

stellarik [79]

Answer:

A vacation house in Colorado is rival in consumption and excludable.

The correct answer is C

Explanation:

A vacation house in Colorado is rival in consumption and excludable because it is a private good.

3 0

2 years ago