A company reported total stockholders' equity of $176,000 on its balance sheet dated December 31, 2018. During the year ended December 31, 2019, the company reported net income of $20,600, declared and paid a cash dividend of $4,600, declared and distributed a 10% stock dividend with a $5,600 total market value, and issued additional common stock for $46,000. What is total stockholders' equity as of December 31, 2019

Answers

Answer 1

Answer:

the total stockholder equity is $238,000

Explanation:

The computation of the total stockholder equity is shown below

= Opening stockholder equity balance + net income - cash dividend paid + additional common stock issued

= $176,000 + $20,600 - $4,600 + $46,000

= $238,000

Hence, the total stockholder equity is $238,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered


Related Questions

Consider an asset with a beta of 1.2, a risk-free rate of 4.4%, and a market return of 12.4%. What is the reward to risk ratio?

Answers

Answer: 8%

Explanation:

Reward to risk ratio = (Expected return - Risk free rate) / Beta

Expected return = Risk free rate + Beta * ( Market return - Risk free rate)

= 4.4% + 1.2 * (12.4% - 4.4%)

= 14%

Reward to risk ratio = (14% - 4.4%) / 1.2

= 8%

Carolyn has an AGI of $38, 400 (all from earned income), two qualifying children, and is filing as a head of household. What amount of earned income credit is she entitled to?
a) $4.256
b) $5, 572
c) $3, 305
d) $1, 316
e) $0

Answers

Answer:

d) $1, 316

Explanation:

Particulars                    Amount

Maximum Credit           $5,572

Phase out limit              $4,256   (38,400 - 18,190)*21.06%

Earned Income Credit Entitled to = Maximum Credit - Phase out limit

Earned Income Credit Entitled to = $5,572 - $4,256

Earned Income Credit Entitled to = $1,316

Please tell me the right answer.. if i fail one semester, and i pass the other, then do i pass the grade? Please tell me i need to know :\

Answers

Answer:

okay whats the question I help you

Explanation:

also i need help with my math hw too lol

no you dont you would have to retake a semester next year or take the course over the summer




The functions of a business, whether large or small can be divided into four basic types. Which of the following is NOT a basic type of function?
ved out of
Select one:
a. Marketing

b. Admin
c Production/Operation
d. Human Resource

Answers

Answer:

b. Admin

Explanation:

The functions of any business organization are usually split into different departments or work areas. The departments or work areas are the same as functional areas. Each of the functional areas performs specific tasks that help the organization achieve its objectives.

The main functional areas present in all businesses are:

1. Marketing

2. Human resources

3. Operations

4. Finance

Heridan Company is considering the following alternatives: Alternative AAlternative B Revenues$64000$72000 Variable costs 38400 38400 Fixed costs 10000 16000 What is the incremental profit?

Answers

Answer:

$2,000

Explanation:

To get the incremental profit, we would compute the profit for each alternatives and then subtract .

Alternative A

Incremental profit

= Revenues + Variable costs - Fixed costs

= $64,000 + $38,400 - $10,000

= $92,400

Alternative B

Incremental profit

= Revenues + Variable costs - Fixed costs

= $72,000 + $38,400 - $16,000

= $94,400

Incremental profit = Alternative B - Alternative A

Incremental profit = $94,400 - $92,400

Incremental profit = $2,000

A monopolist can sell 15 toys per day for $12.50 each. To sell 16 toys per day, the price must be cut to $12.20. The marginal revenue of the 16th toy is:_________.A. $12.20.B. $-0.30.C. $7.70 .D. $16.

Answers

Answer:

A monopolist can sell 15 toys per day for $12.50 each. To sell 16 toys per day, the price must be cut to $12.20. The marginal revenue of the 16th toy is:_________.

A. $12.20.

Explanation:

For this monopolist, the marginal revenue is the incremental revenue which it generates from each additional unit of sales.  It can also be expressed as the rate at which total revenue changes from what it was before now.  In this case, the additional revenue that the monopolist will get from selling one additional unit is $12.20.  It is the additional revenue that the monopolist gets for the 16th item.

On April 1, year 1, Mary borrowed $240,000 to refinance the original mortgage on her principal residence. Mary paid 3 points to reduce her interest rate from 6 percent to 5 percent. The loan is for a 30-year period. How much can Mary deduct in year 1 for her points paid?
a) $240.
b) $180.
c) $5,400.
d) $7,200.

Answers

Answer:

b) $180

Explanation:

The answer to this question is option d, below is how I came up with this solution.

Loan period = 30 years

Amount borrowed = $240,000

3 points = 3 percent = 0.03

$240,000 x 0.03 = $7,200

9/360 = 0.025

7200 x 0.025

= 180 dollars.

From these calculations above, Mary can deduct 180 dollars in year 1 for her points paid

Dion has an auto repair business for high-end cars like a Porsche or Ferrari. He wants to market his services to Porsche, BMW, and Ferrari owners in his community of Midland, Texas. Right now, car owners have to drive to Lubbock, Dallas, or Austin to get their cars serviced. Dion should consult The North American Industry Classification System for data that can be used to:_________.
a. identify potential new customers
b. identify opportunities for new product lines
c. classify business establishments all over the world
d. classify firms according to their number of customers

Answers

Answer:

d. classify firms according to their number of customers

Explanation:

Since Dion wants to market his services to these car firms, he should consult for data that can be used to classify firms according to the customers that they have.

It has been stated clearly that people have to drive to Lubbock dallas, or Austin to get their cars serviced, so the firms can beclassified according to the number of customers.

Explain the actions the FED should take if it wanted to move from a point on the short-run Phillips curve representing high unemployment and low inflation to a point representing lower unemployment and higher inflation.

Answers

Answer:

The short run Phillips curve states that there is an inverse relationship between unemployment and inflation in the short run.

Since unemployment is high and the inflation rate is low, in order for the FED to decrease unemployment and increase inflation it must decrease the interest rate. That way, the economy should kick off and start growing which should decrease unemployment and at the same time will increase inflation.

If a trader buys an option at an implied volatility of 10%, and plans to delta hedge it, over the life of the option she hopes realized volatility will be:

Answers

Answer:

b. lower than 10%

Explanation:

Missing word "a. higher than 10%, b. lower than 10%, c. if its three month option then she hopes its 10/3, d. irrelevant where realized will be"

If a trader buys an option at an implied volatility of 10%, and plans to delta hedge it, over the life of the option she hopes realized volatility will be lower than 10%. When hedging implied volatility through delta hedging is done, it means that the trader is expecting that volatility will decline and it has taken the position on the the downside of the implied volatility as it is reflected by the delta hedging. Delta hedging is not about betting on the upside of implied volatility.

Kim's Bridal Shoppe has 10,200 shares of common stock outstanding at a price of $36 per share. It also has 215 shares of preferred stock outstanding at a price of $87 per share. There are 520 bonds outstanding that have a coupon rate of 5.5 percent paid semiannually. The bonds mature in 17 years, have a face value of $1,000, and sell at 93 percent of par. What is the capital structure weight of the common stock?

Answers

Answer:

26.43 %

Explanation:

The Capital Structure is based on  the Market Weight of the Sources of Finance as shown below :

Equity market value = Number of shares × price/share

Equity market value  = 10,200 ×  $36

Equity market value = $367,200

Current debt value = Number of bonds × price/bond

Current debt value = 520 × (1930)

Current debt value = $1,003,600

Preferred stock value = Number of shares × price/share

Preferred stock value = 215 ×  $87

Preferred stock value = $18,705

Total capital = Common equity value + Debt value + Preferred stock value

Total capital = $367,200 + $1,003,600 + $18,705

Total capital = $1,389,505

Weight of Equity = Equity value / Total capital

Weight of Equity  = $367,200 / $1,389,505

Weight of Equity = 26.43 %

Jeremiah Corporation purchased debt securities during 2021 and classified them as securities available-for-sale:

Security Cost Fair Value, 12/31/2021
A $40,000 $49,000
B 70,000 66,000
C 28,000 39,000

All declines are considered to be temporary. How much gain will be reported by Jeremiah Corporation in the December 31, 2021, income statement relative to the portfolio?

Answers

Answer:

$0

Explanation:

unrealized holding loss = ending value - initial value = ($49,000 + $66,000 + $39,000)  - ($40,000 + $70,000 + $28,000) = $109,000 - $138,000 = -$29,000 unrealized loss

Unrealized holding gains/losses on available for sale securities are not reported in the income statement.

A coupon on a 2-liter bottle of Pepsi, offering $1.00 off on a bag of potato chips, is which type of coupon:_____

a. cross-ruffing
b. scanner-delivered
c. response-offer
d. instant-redemption

Answers

Answer: a. cross-ruffing

Explanation:

Cross-ruffing coupons are coupons that are offered to a person buying a good on another good to encourage them to buy that other good as well. These are usually offered on goods produced by the same company or companies that have a relationship with each other.

They are a brilliant marketing ploy to result in one relating goods to another to boost sales. Offering a coupon on a bag of potato chips upon buying a bottle of Pepsi is there a cross-ruff coupon.

The annual coupon rate is 2%, but coupons are paid semiannually. The yield to maturity was 1.85%. If the par value is $100,000, how much did you pay for this bond

Answers

Answer:

Hi the number of years to maturity  for this Bond is missing. I have tried to search for the  full question online but could not find it. However, I will help you get the technique to solve this problem.

The amount of money you pay for the Bond is its Present Value (PV) normally called Current Price of the Bond.

To calculate this, you should have the other remaining elements of the Bond which are : Coupon rate (PMT) , Period of payments within a year (P/YR), Yield To Maturity (YTM), Par Value (Future Value of Bond).

So assuming that the Bond in question matures in 5 years the calculation will be as follows :

Pmt = (1,000,000 × 2%) ÷ 2 = $10,000

Ytm = 1.85 %

Fv = $1,000,000

P/yr = 2

N = 5 × 2 = 10

Pv = ?

You would pay $1,007,132 for this bond

Natural Groceries has a policy of not buying paper products, such as paper towels, from certain companies if they are made with rainforest wood. Natural Groceries is sending an economic message that it protests deforestation because of severe damage to the environment. This is an example of a _______.
a. quota
b. boycott
c. tariff
d. trade agreement

Answers

Answer:

b. boycott

Explanation:

Analyzing the information above, it is correct to say that Natural Groceries boycotts companies that do not meet high standards in environmental responsibility. The boycott is a voluntary attitude without a legal provision.

This is an attitude that reaffirms the environmental policies of Natural Groceries and transmits to its stakeholders its position against environmental damage, being a way of adding value to its practices and processes and demonstrating that it is a company that collaborates for the development and protection of society, which is something important for customers and investors in today's world, as people want to link their image and resources to companies that promote positive and sustainable attitudes.

Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable$40,000 $36,000 Merchandise inventory$28,000 35,000 Net sales 190,000 186,000 Cost of goods sold 114,000 108,000 Total assets 425,000 405,000 Total shareholders' equity 240,000 225,000 Net income 32,500 28,000 Hulkster's 2021 profit margin is (rounded): 17.1%. 13.5%. 4.5%. 7.6%.

Answers

Answer:

Hulkster's 2021 profit margin is:

17.1%.

Explanation:

a) Data and Calculations:

                                                   2021          2020

Accounts receivable              $40,000     $36,000

Merchandise inventory         $28,000       35,000

Net sales                                190,000      186,000

Cost of goods sold                 114,000      108,000

Total assets                          425,000     405,000

Total shareholders' equity  240,000     225,000

Net income                            32,500        28,000

Profit margin = net income/net sales * 100

= $32,500/$190,000 * 100

= 17.1%

b) The profit margin of 17.1% indicates that Hulkster Company has generated an income of 17.1 cents for each dollar of sales.  It shows the company's income performance with relation to the net sales revenue.  It is a ratio of the net income expressed as a percentage of the sales.

Brace Corporation uses direct labor-hours as the cost driver in its normal costing system. Brace budgeted that it would use 21,600 direct-labor hours during the year. At the end of the year, actual direct labor-hours for the year were 20,400 hours, the actual manufacturing overhead for the year was $506,920, and Brace had $20,440 of underapplied overhead. The budgeted manufacturing overhead must have been: Round to the nearest dollar.

Answers

Answer:

total estimated overhead costs for the period= $515,095.2

Explanation:

First, we need to calculate the allocated overhead:

Under/over applied overhead= real overhead - allocated overhead

20,440 = 506,920 - allocated overhead

allocated overhead= $486,480

Now, we can determine the predetermined overhead rate:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

486,480= Estimated manufacturing overhead rate*20,400

Estimated manufacturing overhead rate= 486,480/20,400

Estimated manufacturing overhead rate= $23.847 per direct labor hour

Finally, the estimated overhead for the period:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

23.847= total estimated overhead costs for the period/21,600

total estimated overhead costs for the period= 21,600*23.847

total estimated overhead costs for the period= $515,095.2

Bonita Company's inventory records show the following data:

Units Unit Cost
Inventory, January 1 10900 $8.00
Purchases: June 18 8700 8.10
November 8 5700 5.00

A physical inventory on December 31 shows 5700 units on hand. Under the FIFO method, the December 31 inventory is:_______

Answers

Answer:

$28,500

Explanation:

FIFO will give the same result whether you use perpetual or periodic system.

Ending Inventory = Units Left × Earliest Price

Therefore,

Ending Inventory = 5700 units × $5.00

                             = $28,500

Asset C3PO has a depreciable base of $16.5 million and a service life of 10 years. What would the accumulated depreciation be at the end of year five under the sum-of-the-years'-digits method?
A. $ 4.5 million.
B. $8.25 million.
C. $ 12 million.
D. None of these is correct.

Answers

Answer:

C. $12 million.

Explanation:

The computation of the  accumulated depreciation be at the end of year five under the sum-of-the-years'-digits method is given below:

Accumulated depreciation is

= $16.5 million × [(10 + 9 + 8 + 7 + 6) ÷ 55]

= $12 million

hence, the accumulated depreciation be at the end of year five years is $12 million

Therefore the correct option is c.

Eliminating double-taxation would likely:________.
a. raise saving and primarily benefit people with lower incomes.
b. raise saving but primarily benefit people with higher incomes.
c. reduce saving but primarily benefit people with lower incomes.
d. reduce saving and primarily benefit people with higher income.

Answers

Answer:

a. raise saving and primarily benefit people with lower incomes.

Explanation:

Double taxation may be defined as the tax system where the tax is levied twice on the income. It is the tax principle refers to tax income that is paid twice on same source of income. It pronounced a negative economic impact, mainly on the wages. Thus eliminating the system of double taxation would ensure more savings and it will people with lower wages or incomes.

A tax is a government group's compulsory financial charge or other types of levy imposed on a customer to finance government spending and related public expenses.

Failure to pay taxes on time, as well as avoidance or resistance to taxation, are all illegal.

The correct answer is a. raise saving and primarily benefit people with lower incomes.

Option a. raise saving and primarily benefit people with lower incomes are correct because Double taxation is a tax structure in which the same amount of money is taxed twice. It is a tax theory that applies to earnings taxed on the same source of income.

It had a detrimental economic impact, particularly on salaries. Eliminating a double tax structure would result in more savings for persons with lesser earnings or incomes.

To know more about double taxation, refer to the link below:

https://brainly.com/question/18907731

Kevin bought 205 shares of Intel stock on January 1, 2020, for $52 per share, with a brokerage fee of $105. Then, Kevin sells all 205 shares for $76 per share on December 12, 2020. The brokerage fee on the sale was $155. What is the amount of the gain/loss Kevin must report on his 2020 tax return

Answers

Answer: $4660

Explanation:

Firstly, we need to calculate the amount that Kevin realized on the shares which will be:

= (205 × $76) - $155

= $15580 - $155

= $15425

The purchase value will be calculated as:

= (205 × $52) + $105

= $10660 + $105

= $10765

Therefore, the gain that Kevin must report on his 2020 tax return will be:

= $15425 - $10765

= $4660

The expected rate of return on Rewind Industries is 2.5 times the 12 percent expected rate of return from the market. What is Rewind's beta if the risk-free rate is 6 percent

Answers

Answer:

beta = 6

Explanation:

the CAPM formula is:

Required return = risk free + (beta x market premium)

market return = 12% = 6% x (1 x 6%)

risk premium = 12% - 6% = 6%

required return = 12% x 2.5 = 30%

risk free = 6%

beta x market premium = 30% + 6% = 36%

beta = 36% / 6% = 6, which means that this stock is very risky and very volatile

Tell me about a time when you made a mistake.. How did you find it and what did you do to correct it?

Answers

Answer:

When I first became an assistant manager of a sales branch, I tried to take on everything myself, from the day-to-day operations of the branch to making all of the big sales calls. I quickly learned that the best managers know how to delegate effectively so that work is done efficiently. Since then, I have won numerous awards for my management skills, and I believe a lot of this has to do with my ability to delegate effectively.

right decision in right time get success in our life?​

Answers

Answer:

You are the only person who get's to decide if you are happy or not- Do not put you're happiness into the hands of someone else. Do not make it contingent their acceptance of you, or there feelings for you. At the end of each day , it doesn't matter if someone dislikes you, or if someone doesn't want to be with you. All that matters is that you are happy with the person you are becoming. All that matters is that you like yourself, that you are proud of what you put out into the world. Never forget that you are in charge of you're joy, and of you're worth. You get to be you're own validation. Please never forget that!

Forrester Company is considering buying new equipment that would increase monthly fixed costs from $120,000 to $140,000 and would decrease the current variable costs of $80 by $10 per unit. The selling price of $120 is not expected to change. Forrester's current break-even sales are $240,000 and current break-even units are 2,000. If Forrester purchases this new equipment, the revised break-even point in units would:

Answers

Answer:

Break-even point in units= 2,800

Explanation:

Giving the following information:

Fixed csots= $140,000

Unitary variable cost= 80 - 10= $70

Selling price per unit= $120

To calculate the new break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 140,000 / (120 - 70)

Break-even point in units= 2,800

A manual press costs $16,000, and it will be scrapped after 10 years. Compute the depreciation and book value for the first two years using 100% bonus depreciation.

Answers

Answer and Explanation:

The computation of the depreciation and the book value for the first two years would be

Depreciation for Year 1

= 100% Bonus + regular depreciation

= $16,000 + $16,000 ÷ 10 years

= $17,600

And,

Book value year 1 is

= $16,000 - $1,600

= $14,400

Now

Depreciation for Year 2 is

= Regular depreciation

= $1,600

And,

Book value year 2 is

= $14,400 - $1,600

= $12,800

The owner of a real estate office prepared a cash flow budget for the coming month. The beginning cash balance was $1,500.
Projected revenue and costs are:
• revenue of $5,000
• supply costs of $1,000
• staff payroll of $2,500
• rent of $1,000
• insurance of $100
Match the dollar amount to the correct line item on a cash flow budget:
non

Answers

Answer:

I need to put middle school mode on

If Canace Company, with a break-even point at $312,000 of sales, has actual sales of $400,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales?

Answers

Answer:Margin of safety expressed in dollars=$88,000

Margin of safety  as a percentage of sales =22%

Explanation:

Margin of Safety is the sales greater the break-even point  that helps  businesses gauge and prevent a loss. A Higher Margin of Safety is preferred as it limits the risk of businesses  making loss

Margin of safety expressed in dollars= Total actual sales - break-even point of sales

$400,000 - $312,000

=$88,000

Margin of safety  as a percentage of sales =Margin of safety/ Actual sales  x 100

$88,000/ $400,000 x 100

0.22 x 100

= 22%

In designing health promotion efforts, it is important to set clear goals and measure how successful you are compared to the money and time you invest. This is known as:__________.
a. Objectivity
b. Diffusion of innovations
c. Accountability
d. Two-step flow

Answers

Answer:

c. Accountability

Explanation:

This is known as accountability. In other words its making sure that you are holding yourself accountable for doing what you need to do and making sure that your efforts are not for nothing. This is done by staying on top of your choices and adjusting your decisions so that the money and time you invest are paying off with and pushing you towards the goals that you have set forth.

dover compnay deposits 30000 with second national bank in an account earning interest at 5% per annum semi annualy. how much will dover have in the account after 5 years if interest is reinvested

Answers

Answer:

$38,402

Explanation:

Calculation for How much will Dover have in the account after five years if interest is reinvested

First step is to use Financial calculator to find

the Future value factor of (2.5%, 10 years)

Future value factor of (2.5%, 10 years)=1.28008

Now let calculate Future value using this formula

Future value = Principal *Future value factor

Let plug in the formula

Future value= $30,000 * 1.28008

Future value=$38,402

Therefore How much will Dover have in the account after five years if interest is reinvested is $38,402

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