December 31, 2020, Equity Section: Common Shares: Authorized: Unlimited
Issued and Outstanding:
Initial Shares: 5,700,000 shares
Additional Shares Issued on April 1, 2020: 370,000 shares
Share Dividend on June 1, 2020: 10% of outstanding shares as of June 15, 2020 (calculated below)
Share Split on December 11, 2020: 2:1 (calculated below)
Retained Earnings: $1,167,500 (from December 31, 2019)
Additional Shares Issued on April 1, 2020:
The company issued 370,000 common shares at $0.80 per share.
370,000 shares * $0.80 per share = $296,000
Share Dividend on June 1, 2020:
The company declared a 10% share dividend to shareholders of record on June 15, 2020.
10% of the outstanding shares as of June 15, 2020:
10% * (5,700,000 shares + 370,000 shares) = 607,000 shares
Share Split on December 11, 2020:
The company declared a 2:1 share split.
The outstanding shares before the split were 5,700,000 shares + 370,000 shares + 607,000 shares = 6,677,000 shares.
After the split, the total number of shares will be doubled:
6,677,000 shares * 2 = 13,354,000 shares
December 31, 2020, Equity Section:
Common Shares:
Authorized: Unlimited
Issued and Outstanding: 13,354,000 shares
Retained Earnings: $1,167,500 (from December 31, 2019) + Profit earned during the year: $1,497,500 = $2,665,000
On the December 31, 2020, balance sheet, the company's equity section would show 13,354,000 common shares issued and outstanding and retained earnings of $2,665,000. This includes the initial shares, additional shares issued, share dividend, and share split, along with the retained earnings for the year.
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What happens if a monopolist increases the price of a good?
Answer:
By contrast, because a monopoly is the sole producer in its market, its demand curve is the market demand curve. If the monopolist raises the price of its good, consumers buy less of it. Also, if the monopolist reduces the quantity of output it produces and sells, the price of its output increases.
Explanation:
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Why would a business prefer to keep an invention secret instead of applying for a patent
what are 3 examples of nonprice factors you have experienced as a consumer?
The three examples are Taste, Brand Loyalty and Fashion. The nonprice factors are the three given above.
Who is a consumer?A consumer is a person who purchases and consumes the product or service that is offered and served by the business. A business offers a product or service and the consumer analyzes the aspects of that specific product or service and then pays the price for that specific product or service and then consumes it.
The customer is King is a well known saying and is always considered when a product is presented in the market. The consumer choice can be based on different factors and it includes nonprice factors too which includes taste of the consumer, Brand image and loyalty and Fashion prevailing in the market. Price factors are those which are related to price.
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Answer:
The three examples are Taste, Brand Loyalty and Fashion. The nonprice factors are the three given above.
Who is a consumer?
A consumer is a person who purchases and consumes the product or service that is offered and served by the business. A business offers a product or service and the consumer analyzes the aspects of that specific product or service and then pays the price for that specific product or service and then consumes it.
The customer is King is a well known saying and is always considered when a product is presented in the market. The consumer choice can be based on different factors and it includes nonprice factors too which includes taste of the consumer, Brand image and loyalty and Fashion prevailing in the market. Price factors are those which are related to price.
Explanation:
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Owen wants to start a tutoring business. He has a space rented and a lot of ideas, but he has no employees who can tutor the students. Which category of economic resource does he require?
labor
entrepreneurial ability
land
Answer:
entrepreneurial ability
Sorry, no one answered your question sooner, hope that helps.
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do you think the government should help businesses like SJD? justify your answer
Answer:
yes
Explanation:
coz we're not getting any help
Vertical analysis of balance sheet
Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow:
Line Item Description Current Year Previous Year
Current assets $2,800,000 $1,840,000
Property, plant, and equipment 5,200,000 6,072,000
Intangible assets 2,000,000 1,288,000
Current liabilities 1,800,000 1,380,000
Long-term liabilities 3,600,000 3,680,000
Common stock 980,000 920,000
Retained earnings 3,620,000 3,220,000
Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders’ equity item as a percent of the total liabilities and stockholders’ equity. When required, round percentages to one decimal place.
The comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders’ equity item as a percent of the total liabilities and stockholders’ equity will be
Description Prior Year Current Year Prior Year (%) Current Year (%)
Cash 0.00% 0.00%
Investments 0.00% 0.00%
Inventories 0.00% 0.00%
Accounts receivable 0.00% 0.00%
Pre-paid expenses 0.00% 0.00%
TOTAL 1,840,000 2,500,000 20.00% 25.77%
Property 6,072,000 5,200,000 66.00% 53.61%
and equipment
Leasehold improvements 0.00% 0.00%
Equity and other investments 0.00% 0.00%
Less accumulated 0.00% 0.00%
depreciation (Negative Value)
Intangible Assets 1,288,000 2,000,000 14.00% 20.62%
Charity 0.00% 0.00%
total 9,200,000 9,700,000 100.00% 100.00%
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"Pasta is a normal good. what will happen to the equilibrium
price and quantity of pasta if the following two events occurs
simultaneously consumers experience an increase in income and the
price of fl"
When consumers experience an increase in income and the price of flour, two events occur simultaneously. In this scenario, pasta is considered a normal good. As a normal good, an increase in income leads to an increase in demand for pasta. The increase in income enables consumers to spend more on pasta, resulting in a rightward shift in the demand curve.
At the same time, if the price of flour increases, the cost of production for pasta also rises. As flour is a key ingredient in pasta, the increase in its price directly affects the production costs of pasta. This increase in production costs leads to a decrease in supply, causing a leftward shift in the supply curve.
Considering both these events, the equilibrium price and quantity of pasta will be affected as follows:
1. Equilibrium Price: With an increase in demand due to higher income, and a decrease in supply due to the higher price of flour, the equilibrium price of pasta will likely increase. The higher demand coupled with the limited supply will push the price upward.
2. Equilibrium Quantity: The equilibrium quantity of pasta will depend on the extent of the shifts in the demand and supply curves. However, in general, an increase in income leads to higher demand, while a decrease in supply restricts the availability of pasta. As a result, the equilibrium quantity of pasta may either decrease or remain relatively unchanged, depending on the magnitude of these shifts.
To summarize, if consumers experience an increase in income and the price of flour simultaneously, the equilibrium price of pasta is expected to increase, while the equilibrium quantity may decrease or remain relatively unchanged.
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The ratio of the price of two goods on a graphed budget line is measured by its:.
There are lines in budget. The ratio of the price of two goods on a graphed budget line is measured by the slope of the budget.
What is a budget lineThis is regarded as a two-dimensional graph that shows the various choices one have between two goods given the money one have to spend. It is also known as budget constraint.
The ratio of the price of good X that is found on the horizontal axis to the price of good Y on the vertical axis is known as the slope of the budget.
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How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?
Answer:
7 years (to the nearest year)
Explanation:
Given that;
A = amount
P= principal
t = time
r = rate
A =3P(given in the question)
Formula for compound interest;
A = P(1 + r)^t
Substituting values;
3P = P(1 + 18/100)^t
3P/P= (1.18)^t
3 = (1.18)^t
log 3 = t log 1.18
t = log 3/log 1.18
t = 0.4771/0.0719
t = 6.6 years
t = 7 years (to the nearest year)
Which of the following is an advantage of renting over
advantage of renting over buying a home?
Answer:
having to make a down payment..
An advantage of renting over buying a home and having to make a down payment. The correct option is D. Financial risks are lower when renting. You are aware of the precise monthly rent payment you will be making.
What is the most significant advantage of renting?The three biggest advantages of staying a renter, in Ramsey's opinion, are having more flexibility if you decide to move, not having to pay for home maintenance, and not having to spend as much money initially. Additionally, your landlord will handle all necessary repairs, upkeep, and other costs. There is no additional cost.
Renting offers convenience, consistent monthly costs, and maintenance assistance. Along with the concrete advantages of tax deductions and equity, home ownership also offers intangible advantages like a feeling of security and pride in one's possession.
Thus, the ideal selection is option D.
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Which budget is the starting point in preparing financial budgets?Group of answer choicesA) the budgeted balance sheetB) the capital expense budgetC) the budgeted income statementD) the cash receipts budget
The starting point in preparing financial budgets is C) the budgeted income statement. This is because the budgeted income statement is used to estimate the amount of revenue that a company will generate in a given period, as well as the expenses that it will incur.
The budgeted income statement is therefore the foundation for other financial budgets, such as the budgeted balance sheet, the capital expense budget, and the cash receipts budget.
By starting with the budgeted income statement, a company can ensure that its financial budgets are aligned with its overall financial goals and objectives.
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if d varies directly as t and d = 20.5 when t=12 find:(a) the value of the constant (b) the relationship between d and t (c) the value of d when t =6.
Answer:
(a) \(k=\frac{41}{24}\)
(b) \(d=\frac{41}{24} t\)
(c) \(d=\frac{41}{4}\)
Explanation:
As d varies directly as t,
\(d=kt\)
Here, k is a constant.
(a)
Put \(d=20.5\,,\,t=12\)
\(20.5=12k\\\\k=\frac{41}{24}\\\\k= 1.71\)
(b)
Put \(k=\frac{41}{24}\) in \(d=kt\)
\(d=\frac{41}{24} t\)
(c)
Put \(t=6\) in \(d=\frac{41}{24} t\)
\(d=\frac{41}{24} (6)\\\\d=\frac{41}{4}\)
Discuss the impact of unemployment on a society and the individuals that are unemployed. Include in your discussion descriptions of the various types of unemployment. Finally, provide your solutions to lower unemployment.
Unemployment is a problem that not only affects the individual but the society as a whole. It refers to the number of individuals who are out of work and who are looking for a job but are unable to find one.
Unemployment is caused by various factors such as lack of job opportunities, technological changes, globalization, economic downturns, and so on. It has many effects on both the individuals and society, and this essay discusses them. Various types of unemployment include frictional, structural, seasonal, and cyclical. Frictional unemployment is caused by people moving between jobs and is relatively short-term. Structural unemployment is caused by a mismatch between the skills and experience of the workforce and the job requirements of the employers. Seasonal unemployment occurs when people work in industries where employment is only available during specific times of the year. Cyclical unemployment is caused by changes in the economy, such as recessions or depressions.
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An S corporation does not recognize a loss when distributing assets that are worth less than their basis. a) True b) False.
b) False. An S corporation does recognize a loss when distributing assets that are worth less than their basis.
When an S corporation distributes assets with a fair market value lower than their adjusted basis, it results in a loss for the corporation. This loss can be recognized and used to offset other income or gains of the S corporation, reducing its taxable income. It is important to note that shareholders of the S corporation may have limitations on deducting the loss on their personal tax returns. Loss refers to a financial outcome where the expenses or costs incurred by an individual, business, or entity exceed the revenue or income generated. It represents a negative result in terms of financial performance. Losses can occur in various contexts, such as in business operations, investments, or personal finances. In business, losses can result from factors such as low sales, high expenses, inefficient operations, or unfavorable market conditions. They can impact profitability and financial stability, and businesses often aim to minimize or mitigate losses through strategic planning, cost control, and risk management.
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Describe the main differences between quantitative and
qualitative research. (30 marks)
Quantitative and qualitative research differ in terms of their approach to data collection, analysis, and the nature of the data itself.
In quantitative research, data is collected through structured methods such as surveys or experiments, and statistical techniques are used to analyze the data and draw objective conclusions. The emphasis is on numerical measurements and patterns that can be generalized to a larger population. In contrast, qualitative research involves collecting data through methods like interviews, observations, or document analysis, often generating rich descriptions and narratives. Researchers seek to understand the meanings, perspectives, and contexts associated with the data, identifying themes and patterns through thematic analysis.
Quantitative research focuses on numerical data, statistical analysis, and generalization, while qualitative research delves into subjective experiences, rich descriptions, and in-depth understanding. The choice between these approaches depends on the research questions and objectives, with each providing valuable insights in different contexts.
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How do you minimize or avoid capital gains tax on stocks?
First off, section 112A exempts from taxation capital gains that are less than one lakh rupees. Therefore, ensuring that your capital gains stay under the exemption rate is among the most effective ways to avoid paying capital gains tax when you sell your stock.
Which stock do you mean?In general, the ownership documents of any corporation are referred to as stocks. A share, on the other hand, refers to the stock of a specific corporation. If you own shares of a certain corporation, you are called a shareholder. The 2 categories of stocks are common and special.
What are shares and stocks?A financial instrument known as a share symbolizes a company's part ownership. A financial instrument is a stock.
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Which of the following items have elastic demand? (Remember: items that are “wants” and/or have many substitutes tend to be elastic. Items that are “needs” and/or have few substitutes tend to be inelastic.) Select all that apply.
Group of answer choices
Apple Juice
Jeans
Salt
Chicken
Gasoline
Insulin
The items that have elastic demand include A. Apple Juice, B. Jeans, and D. Chicken.
What is elastic demand?Elastic demand means that the demand for goods changes based on economic factors like income or price.
Goods with elastic demand usually have substitutes because they are wants and not needs.
Thus the items that have elastic demand include A. Apple Juice, B. Jeans, and D. Chicken.
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The case mentions that making carbonated water isn’t particularly difficult. Based on porter’s model for industry analysis, this increases which competitive force?.
Based on porter’s model for industry analysis, this increases which the Threats of new entrants.
What is threat of new entrants?The threat of new entrants is known to be a risk liked with new competitor that produce for current companies in an industry.
This is said to often take place when a new company is said to be starting to sell a similar product or service based on the fact that they are an existing company.
See options below
Multiple Choice
rivalry among competitors
bargaining power of buyers
bargaining power of suppliers
threats of substitute products or services
threats of new entrants
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What would a restaurant manager consider when reviewing a recipe that a chef might not?
The three steps of the recipe standardization process are amount modification, product evaluation, and recipe verification. Verifying a recipe is carefully reading it, following it, assessing the yield, and noting any modifications.
What factors need to be taken into account to consistently produce high-quality products and standardized recipes?The name of the submitted recipe should match the name on the menu as closely as possible.
Total Yield is the number of servings, or parts, that a recipe yields, as well as frequently the recipe's overall weight or volume.
Portion size is the quantity or dimension of a single serving.
What specific details do a standard recipe contain that a regular recipe does not?An exact, quantifiable amount of each component and the technique of preparation required to reliably generate a high-quality result are specified in a standardized recipe. There includes a list of the precise steps to be taken, the equipment to be used, and the number and caliber of the ingredients.
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evan accidentally quoted a customer a price for new flooring that was more than $1,000 less than the actual price. his manager had a choice of punishing evan or providing him coaching and retraining on how to calculate the cost of flooring correctly. his manager chose to retrain evan, using the ________ control.
Answer: Feedforward control
The US Supreme Court did what in Piscataway Board of Education v. Taxman, 521 U.S. 1117, 117 S.Ct. 2506 (1997)?
Answer:
The case was never heard in the United States Supreme Court.
Explanation:
The board of education of Piscataway High School, New Jersey desired to remove one teaching position from the Business Education department. A hindrance to this was the fact that the two teachers being considered had indefinite appointments, and were equal in seniority. According to the state law, tenured teachers can be relieved of their duties in reverse order of seniority. Either Sharon Taxman, a white teacher, or Debra Williams an African-American teacher were to be relieved of their positions.
Taxman was chosen because African-Americans were a minority. Taxman contested this in the court. The case was never heard at the U.S Supreme court because some civil rights group wanted the case to be settled out of court. The United States Court of Appeal ruled in favor of Taxman.
answer the two questions in the screenshot pls:
Answer:
One high end product I want to buy in the future is a thread ripper. It is a processor which is one of the reasons why a computer will run. It is like the heart, it makes all the components work
the customer will want to know that the product is one of the most expensive out there but it is defiantly worth the money. you have to have a good enough mother board to run the thread ripper though. You also need DDR 4 ram at least which makes the computer components work faster and gets rid of lag of course
Explanation:
assume that 10 years ago you purchased a $1,000 bond for $926. the bond pays 3.16 percent interest and will mature this year. calculate the current yield on your bond investment at the time of the purchase. note: enter your answer as a percent rounded to 2 decimal places. determine the yield to maturity on your bond investment at the time of purchase. note: enter your answer as a percent rounded to 2 decimal places.
To calculate the current yield on your bond investment at the time of purchase, you need to divide the annual interest payment by the purchase price of the bond and multiply by 100 to express it as a percentage.
Current Yield = (Annual Interest Payment / Purchase Price) * 100
The annual interest payment can be calculated as:
Annual Interest Payment = Purchase Price * Interest Rate
In this case, the purchase price of the bond is $926 and the interest rate is 3.16%.
Therefore:
Annual Interest Payment = $926 * 0.0316 = $29.2656
Now we can calculate the current yield:
Current Yield = ($29.2656 / $926) * 100 = 3.16%
The current yield on your bond investment at the time of purchase is 3.16%.
To determine the yield to maturity on your bond investment at the time of purchase, we need more information such as the bond's maturity value and the number of years remaining until maturity. Please provide the additional details so that we can calculate the yield to maturity accurately.
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1. What could the twin sisters have done differently? 2. Should Hanson have targeted more than $10,000? 3. In both cases, were the financial results worth the effort? 4. What would you do differently if you were to run a crowdfunding campaign?
Twin sisters could have used analytics and other tools provided search engine and Hanson shouldn't have targeted for more because believable goal is the better goal for a business.
Additionally, analytics are used to track the visits of different people. Additionally, I would prepare the post-scaling plans and include them in the video so that the investor could assess the viability of the concept.The effort put forth to raise the cash was not worthwhile because the net amount raised was small. Other intangible benefits of this effort could include concept testing for the company from an unidentified audience, which could serve as knowledge for bettering the product or business concept. Additionally, it results in the establishment of a campaign that could be employed in the future, creating value that might extend beyond just the crowd fundraising campaign.To learn more about analytics click here
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What research will help prepare you before you apply for a job?
Informational interviews on the position and background research on the
company.
Research on the subjects you need to study.
Interviewing friends and family to know if the position is a good fit for you.
Researching the salary for that job.
Answer:
Informational interviews on the position and background research on the
company.
Explanation:
A job interview helps select a suitable person to fill in the vacant position. The interviewer will ask questions to gauge the candidate's understanding of that position. Research on the positions will give a candidate confidence and content when responding to questions.
Research on the company provides background understanding, which helps them relate the job requirements and the company. This information will help convince interviewers of one suitability on the job. A candidate appears knowledgeable and familiar with what is expected of them.
enter mia profit/loss for the 2 month
b. The mood on MariBank very bullish when they propose to acquire HengBank at RM 4.26 billion. The proposed acquisition will see MariBank emerge as the single largest shareholder in HengBank. Most analysts and stock broking firms believe that the stock price would continue to rise. To bet on this expectation, Rizal Hidayat buys 1500 units of MariBank September RM 8.00 call option for 50 sen. Currently the shares are traded at RM 9.50. Identify: i. Type of option. I (1 mark) ii. Underlying asset. (1 mark) iii. Exercise price. (1 mark) Calculate the profit if the holder expectation is accurate. (4 marks) WEWERS Salon 20 D MO E S D242 S AMESE R444
Profit when MariBank shares are sold at RM 9.50 = RM 9.50 - RM 8.00 - RM 0.50= RM 1. Hence, the net profit that Rizal will earn is RM 1500 - RM 750 = RM 750.
Therefore, profit from 1500 units of MariBank September RM 8.00 call option = 1500 x RM 1 = RM 1500Explanation:In the given scenario, Rizal Hidayat buys 1500 units of MariBank September RM 8.00 call option for 50 sen. This means that Rizal has bought the right to buy MariBank shares at the exercise price of RM 8.00 within the expiration date of September.Option type: The option type here is call option, as Rizal is betting on the rise of MariBank shares.Underlying asset: The underlying asset in this case is MariBank shares.Exercise price: The exercise price in this case is RM 8.00.Profit calculation: The current share price is RM 9.50. Since the market is bullish, Rizal is expecting that the shares will rise further. Thus, if Rizal is correct in his expectation, he will buy MariBank shares at RM 8.00 and sell them in the market at the current price of RM 9.50, earning a profit of RM 1. The cost of buying 1500 units of the call option is 50 sen each, which is a total of RM 750. Thus, the net profit that Rizal will earn is RM 1500 - RM 750 = RM 750.
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Ava’s Sweets wants to protect its company’s logo and name. What should Ava do?
A. Contact the Small business Administration
B. Trademark her company name and logo
C. Register for an Employer Identification Number
Trademark her company name and logo should Ava do, as Ava’s Sweets wants to protect its company’s logo and name. Hence, option B is correct.
What is Trademark?A trademark is a symbol that can be used to separate the products or services of one company from those of other companies. Intellectual property rights provide protection for trademarks.
Any word, phrase, symbol, design, or combination of these that distinguishes your products or services might be considered a trademark. Customers use it to recognize you in the marketplace and set you apart from your rivals. The terms "trademark" and "service mark" are interchangeable.
A trademark is an indication of origin. They set one trader's products or services apart from another and come in a variety of shapes and forms, including phrases, slogans, logos, shapes, colors, and noises. Trademarks are registered for particular goods or services that fall under distinct categories, or classes.
Thus, option B is correct.
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Say that Australia has a working population of 11,565,470 people, and that the average salary is $26,450 annually. How much tax revenue would Australia generate each year by instituting a 31. 4% income tax? a. $81,528,467,671 b. $90,224,333,274 c. $96,054,697,991 d. $209,851,983,509 Please select the best answer from the choices provided A B C D.
Answer:
c
Explanation:
50 POINTS
Latasha works with three and four-year-olds in a inner-city afterschool program. The pathway in human services cluster that Latasha works in is.
A. Early childhood development.
B. Counseling and mental health services.
C. Family and Community Services.
D. Personal care services
A. Early Childhood Development.
Answer:
Latasha works with three and four-year-olds in a inner-city afterschool program. The pathway in human services cluster that Latasha works in is.
A. Early childhood development(No need brainliest)