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zheka24 [161]
1 year ago
15

Patterson Company reported stockholders’ equity of $75,000 at the beginning of the year. During the year, the company recognized

net income of $15,000. Stockholders made an additional investment of $10,000 at midyear and received a $5,000 dividend at year-end. The stockholders’ equity at the end of the year is:
Business
1 answer:
fiasKO [112]1 year ago
8 0

Answer:

stockholders equity at the end of the year is $95000

Explanation:

given data

equity = $75000

net income = $15000

additional investment = $10000

dividend = $5000

to find out

stockholders equity at the end of the year

solution

we will find here stockholders equity that is express as

stockholders equity = Net income + equity  - Dividends + Additional investment .....................1

put here value in equation 1 we get

stockholders equity = 15000 + 75000 - 5000 + 10000

stockholders equity = 95000

so stockholders equity at the end of the year is $95000

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A candy manufacturer is interested in the distribution of colors in each of its packages of candy sold. What should the research
Aleks [24]

Answer:

The researcher should write/ list out some research questions, that will help provide answers to the research. The question, should be clear and specific.

Some of the questions to be asked are listed below:

(i) What are the standard distribution of color for candy sold in the market?

(ii) How is the distribution of colors in each of it's packages of candy sold?

(iii) Are candy manufacturers interested in the distribution of colors in each of it's packages of candy sold?  

Explanation:

The researcher should write/ list out some research questions, that will help provide answers to the research. The question, should be clear and specific.

Some of the questions to be asked are listed below:

(i) What are the standard distribution of color for candy sold in the market?

(ii) How is the distribution of colors in each of it's packages of candy sold?

(iii) Are candy manufacturers interested in the distribution of colors in each of it's packages of candy sold?  

7 0
1 year ago
Given the following information, determine if one of the brands is a better buy.
valentina_108 [34]
Your answer is:
B. Brand A is the better buy.
Why?
This is because if you divide 33.18 by 14 you get 2.37. If you do the same with Brand B, you get 2.40
8 0
1 year ago
Read 2 more answers
The reason the substitution effect works to encourage a consumer to buy less of a product when its price increases is:
ikadub [295]

Answer:

The correct answer is the option C: the product is now relatively more expensive than it was before.

Explanation:

To begin with, the <em>substitution effect</em> is the term that, in economics, refers to the situation where a products or services increase or decrease its value in comparison with other and therefore it causes a substitution from the consumer regarding that change in the price.

Secondly, in the case where a product increases its price the substitution effect will cause that the consumer decides to purchase other products due to the fact that the first product is now relatively more expensive than it was before and therefore a substitution of the good takes place.

8 0
1 year ago
Curtis purchased stock with an initial share price of $140, and sold it when the share price was $119. While he owned the stock,
Ira Lisetskai [31]

Answer:

Curtis

The total percentage return on the investment is:

= -7.86%.

Explanation:

a) Data and Calculations:

Initial share price at which the stock was purchased = $140

The selling share price = $119

Dividends earned during the stock ownership (holding period) = $10

Total returns, including proceeds from the sales = $129 ($119 + $10)

Total returns from holding the stock until sold

= Total returns + sales proceeds minus Initial purchase cost

= -$11 ($129 - $140)

Total percentage return on the investment = $11/$140 * 100

= 7.857

= 7.86%

6 0
1 year ago
Assume that the economy has three types of people. 20% are fad followers, 75% are passive investors and 5% are informed traders.
mojhsa [17]

Answer: a. 11.5%

Explanation:

Fad followers are those investors who follow a trend when it emerges and as such their betas will be less than that of informed traders because the informed traders would have acted first.

Using the Capital Asset Pricing Model to calculate expected return.

Er = Rf + b( Rm - Rf)

Er = Expected return

Rf = Risk Free Rate

b = Beta

Rm = Market Return.

The Expected Return for the Informed Investors is,

= 4% + 1.4 ( 10% - 4%)

= 4% + 1.4 ( 6%)

= 12.4%

With the Fad followed expected to have a lower beta and therefore a lower expected return than the Informed Investors, the only suitable option is the 11.5%.

3 0
1 year ago
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