Raising Bulls, Inc., has current assets of $5,100, net fixed assets of $23,800, current liabilities (payables and accruals) of $4,300, and long-term debt of $7,400. (1) What is the value of the total shareholders' equity account for this firm? (2) How much is net working capital?

Answers

Answer 1

Answer:

Total Shareholders’ Equity

Total Shareholders’ Equity = Total Assets − Total LiabilitiesTotal

Shareholders’ Equity = {(Current Assets + Net Fixed Assets) − (Current liabilities + Long term debt)}

Total Shareholders’ Equity = {($5,100 + $23,800) − ($4,300 + $7,400)}

Total Shareholders’ Equity = $28,900 − $11,700

Total Shareholders’ Equity = $17,200

Net-working capital?

Net-working Capital = Current assets - Current liabilities

Net-working Capital = Current assets - Current liabilities (payables and accruals)

Net-working Capital = $5,100 - $4,300

Net-working Capital = $800

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Related Questions

If total output in an economy is $600,000 and the total work-hours in the economy are 40,000, labor productivity is:

Answers

Answer:

$15 per hour

Explanation:

Labor productivity is defined as the number of goods and services produced by workers in an organization at a given point in time.

The formular for labor productivity is

= Output ÷ total work hour

= $600,000 ÷ 40,000

= $15

Therefore, labor productivity is $15 per hour

As a result of several factors, aggregate demand decreased during the Great Depression. One factor would be:

Answers

Answer: decrease in expected income

Explanation:

The Great Depression began due to the crash of the stock market in 1929 which caused fear and millions of investors lost their businesses.

This led to the reduction in consumer spending. Also, there was a reduction in investment which caused industrial output decline and decrease in employment opportunities.

Nora is interested in a career in human resource management. She expected her first job to focus on giving employees access to information and enrollment forms for training, benefits, and other programs. However, she has since learned that HR employees spend less time doing that kind of work. Which trend is behind that change

Answers

Answer:

employees can now get such information through self-service

Explanation:

The trend behind this change is that, employees can now get such information through self-service. Human resource Employees spend less time doing such work now because such information is readily available on the internet and can be accessed by any employee at anytime that they want to do so on their own.

Shari discussed her income statement with you and described her report as reporting what the company owes, what it owns, and her shareholder stake at the last day of the prior month. This statement is an income statement.

Answers

Answer:

False.  Her report is the Balance Sheet and not the income statement.

Explanation:

Shari's balance sheet details what the company owes (liabilities), what it owns (Assets), and the shareholder stake (Shareholder's Equity) or what she has contributed to the business in form of cash, assets, or retained earnings.  The income statement is where the profit performance of the business is determined with revenue over costs and expenses.

During its first year of operations, Maria Rose invested $25,000 in Roseland Inc. in exchange for its common stock. The company earned $68,000 of revenues and incurred $32,000 of expenses. A cash dividend of $5,000 was paid to Maria. At the end of the year, the company owed $24,000 to its creditors. At the end of the year, the company's assets totaled:

Answers

Answer:

$80,000

Explanation:

During the first year of oeration Maria Rose invested $25,000 in Roseland incorporation

The company earned $68,000 in revenue

They incurred expenses of $32,000

A cash dividend of $5,000 was paid out to Maria

The company owed $24,00£ to its creditors

Assets = liabilities - equity

The first step is to calculate the equity

Equity= common stock - dividend + revenue-expenses incurred

= $25,000-$5,000+$68,000-$32,000

= $20,000+$36,000

= $56,000

Therefore the company's assets can be calculated as follows

= $24,000 + $56,000

= $80,000

Hence the total company's assets is $80,000

What is the estimated change in performance resulting from a $10/week increase in allowance?

Answers

Answer:

2

Explanation:

According to the given situation, the computation of estimated change in performance is shown below:-

Estimate change in performance = Performance × Increase in allowance Per week

Now, we will put the values into the above formula that is

= 0.2 × 10

= 2

Therefore for computing the estimated change in performance we simply applied the above formula.

Hence, the correct answer is 2

Connie works in the Human Resource department of a company and is
head of payroll. She needs some extra money and so she creates bank accounts in the name of employees who get fired or who leave the companyvoluntarily. Then she has those people stay on the payroll in order to have fraudulent payroll checks or bank transfers made to these people, but the checks or the transfer (direct deposit) goes to those bank accounts that Connie created in those names at the banks where she set them up (and she has her name on those account also - so she has access to the money). Unfortunately for the company this goes on for 5 years before the scheme is uncovered and Connie is caught.
Describe:
What type of fraud is this known as?
What do we call the employees that Connie was paying to accounts she controlled?
The fact that this took 5 years to catch indicates what?
Speculate as to what the company failed to do, in general.

Answers

Answer:

Explanation:

A This scenario describes a payroll fraud ; This is a form of fraud where an employee or an employer manipulates the payroll system in order to fraudulently receive an un earned wages.

B The employees that Connie was paying to their account that she controls are called Ghost employees. These are fictitious person  put on a payroll for fraud purposes.

C The fact that it took the company 5 years to discover the fraudulent practice indicates a weak internal control environment

D

Some of the actions that the company failed to do are No proper authorization in place before employees are added to payrollNo segregation of duties as Connies appears to have been the person that add employees to payroll , approve and also disburse salaryThere has been no headcount of employees for a long timeThe entire payroll system has not been audited and reviewed for a long time

assume that the risk-free rate is 4.5 and the market risk premium is 8.5 what is the companys return using

Answers

Answer: 17.25%

Explanation:

Question is incomplete but given the variables involved, the company's return can be calculated by using the Capital Asset Pricing Model the formula of which is;

Required return = Risk free rate + beta ( market risk premium)

Lets assume a beta of 1.5 ( you'll use your beta).

Required return = 4.5% + 1.5 * 8.5%

= 17.25%

URGENT!!!!!URGENT!!!!!! Antonio's checking account currently has a negative balance of −$42.17. Yesterday he made purchases of $3.75 and $12.07. If Antonio's bank charges $34 for overdraft protection, what was his account balance prior to yesterday's transactions?

Answers

Answer:

7.65

Explanation:

-42.17-(3.75+12.07+34)= Your Answer

Frank is a board member at Lofloy Greens Inc.,a publicly traded company.In addition to his duties on the board,Frank is also a full-time employee as a senior manager at Spinson Locomotives Inc.Which of the following is most likely to be true of Frank?
A) Frank is a part-time employee at Lofloy Greens.
B) Frank cannot serve as a director on Spinson Locomotives' board.
C) Frank is an outside director on Lofloy's board of directors.
D) Frank is a stockholder of Lofloy Greens.

Answers

Answer: C) Frank is an outside director on Lofloy's board of directors.

Explanation:

As Frank has a full time employment position as a senior manager at Spinson Locomotives, he is most likely an outside director on Lofloy's board of directors.

Outside directors are those members of the board in a company that are not employed by the company which Frank isn't.

Outside directors like Frank are thought to be more impartial in decision making and for this reason companies are usually required to have a certain number of them sitting on the board.

What is the difference between an economic want and a noneconomic want?

Answers

Answer:

The right one

Explanation:

The right one

Jenna holds a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. The portfolio's beta is 1.12. Jenna plans to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.80. What will the portfolio's new beta be?
A) 1.286.
B) 1.255.
C) 1.224.
D) 1.194.
E) 1.165.

Answers

Answer:

E) 1.165

Explanation:

none :)

$1.165  will the portfolio's new beta be. Hence, As Jenna holds a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. Hence, option E is correct.

What is portfolio?

a grouping of illustrations, papers, etc. that exhibits someone's work, notably that of an artist: She is working to compile a portfolio of her accomplishments for employment interviews.

According to the definition of a portfolio, it is a collection of various assets that investors own. The aforementioned group of financial assets could also include valuable items like gold, equities, funds, derivatives, real estate, cash equivalents, bonds, etc.

A portfolio is a collection of a person's photographs or images of samples of their work that they use to submit applications for jobs or contests.

A portfolio is a collection of work that a learner has created, maintained, and developed. Portfolios may include details on the learner, their experiences learning, and samples of their work.

Thus, option E is correct.

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What monthly rate of interest will yield an annual effective rate of interest of 14%?

Answers

Answer: 1.1%

Explanation:

The effective annual interest rate is simply defined as the real return that is given on a savings account or any other form of investment that is interest paying which takes into consideration the effects of time compounding.

Based on the scenario in the question, the monthly rate of interest will yield an annual effective rate of interest of 14% will be:

= [(1.14)^1/12] - 1

= 1.01098 - 1

= 0.01098

= 1.1% approximately

A company had net cash flows from operations of $123,000, cash flows from financing of $336,000, total cash flows of $503,000, and average total assets of $7,350,000. The cash flow on total assets ratio equals:______.
a. 22.0%.
b. 7.0%.
c. 4.5%.
d. 14.3%.
e. 154.0%.

Answers

Answer:

Cash flow on total assets ratio = 1.67% (Approx)

Explanation:

Given:

Cash flows from operations = $123,000

Cash flows from financing = $336,000

Total cash flows = $503,000

Average total assets = $7,350,000

Find:

Cash flow on total assets ratio

Computation:

Cash flow on total assets ratio = [Cash flows from operations / Average total assets]100

Cash flow on total assets ratio = [$123,000 / $7,350,000]100

Cash flow on total assets ratio = 1.67% (Approx)

Consider the following transactions for Thomas Company and their effect on the accounting equation. Click on each transaction for transaction details. Determine the new balance for each component of the accounting equation resulting from the transaction. (You will not need to enter the amount of each transaction, only the balance after the transaction.) If an amount box does not require an entry, leave it blank.
Transaction
Assets =
Liabilities +
Stockholders' Equity
Beginning $0 $0 $0
1. Investment in the business
2. Borrow cash
3. Purchase equipment
4. Revenues earned
5. Expenses incurred
6. Dividends

Answers

Answer:

the numbers are missing, so I looked for a similar question:

Investment in the business $17,010 Borrow cash $7,620 Purchase equipment $8,300 Revenues earned $298,600 Expenses incurred $210,900 Dividends $15,000

since there is not enough room here, I used an excel spreadsheet. I assumed all sales were on cash and all expenses were also paid using cash.

Answer:so here is it explained fully.

|Assests=||Liabilities +||StockH.Eq.|

Investment n Bus.: |$17160=||$0.00+||$17,160||

Borrow Cash: |$24,900=||$7,740+||$17,160||

Purchase Equipment:|$24,900=||$7,740+||$17,160||

Revenues Earned: |$323,300=||$7,740+||$315,560||

Expenses Incurred:|$111,600=||$7,740+||$103,860||

Dividends:|$96,200=||$7,740+||$88,460||

Explanation:image explains how I got those numbers and shows that I have the correct on my worksheet.

You are basically subtracting and adding the transaction from either the assets or stockholders’ equity. !THESE ANSWERS ARE CORRECT FOR ONLY CERTAIN NUMBERS GIVEN TO YOUR SPECIFIC TRANSACTIONS!
check image below if you have different number on your work sheet to figure out how to get the correct answer with the numbers you received on your work sheet.

A "sinking fund call" is a(n): A mandatory call B extraordinary mandatory call C optional call D extraordinary optional call

Answers

Answer:

A

Explanation:

A sinking fund call is a provision that allows a bond issuer the opportunity to buy outstanding bonds from bondholders at a predetermined rate, using money known as a sinking fund from the issuer's earnings saved specifically for security buybacks. Sinking fund calls are mandatory

Mandatory redemption is a call provision that requires an issuer to redeem bonds before their stated maturity date

Economic value added (EVA) is A) the difference between the return on assets and the opportunity cost of capital times the capital base. B) ROA × ROE. C) a measure of the firm's abnormal return. D) largest for high-growth firms.

Answers

Answer: A) the difference between the return on assets and the opportunity cost of capital times the capital base.

Explanation:

The Economic Value Added (EVA) is a metric that is used to find out the economic profit that a company has made.

It is calculated by subtracting the return on assets from the opportunity cost of capital and then adjusting it by the capital base which means that it essentially shows much more the company made than it was required to make based on the capital it invested.

If the figure is positive it means the company mad more than expected which is economic profit. The reverse holds true.

If the midwest experiences a severe drought that damages the corn crops, we should expect the:_________.
A) Supply of corn will increase and the price of corn will fall
B) Supply of corn will decrease and the price of corn will rise
C) Demand curve for corn will decrease and the price of corn will fall
D) Demand curve for corn will increase and the price of corn will rise

Answers

Answer:

B) The Supply of corn will decrease and the price of corn will rise.

Explanation:

Option B is correct because the drought has damaged the corn crops. Therefore, this will affect the supply of corn in the market. Moreover, the damage of corn crops will shift the supply curve leftwards and this shift in the supply curve will push the prices upwards. Thus, the damage of corn crops will increase the prices due to a decrease in its supply.

Answer:

Its B

Explanation:

Which type of a person demonstrates trustworthiness?
a person who always acts according to principles
a person who always does what is right
a person who always speak the truth
a person on whom you can rely

Answers

Answer:

a person on whom you can rely

Explanation:

it's the correct answer

Answer: a person on whom you can rely

Explanation:

Got it right

Which of the following would not be considered a plant asset? Multiple Choice Land. Machinery and equipment.

Answers

Answer: None of the above

Explanation:

Plant assets are those assets that a business uses in its operations and that are expected to have a useful life of more than a year. Plant assets are also called Fixed assets.

Land, machinery and equipment are all plant assets as they have a useful life of more than a year and are used in the operations of the business.

Machine A costs $9,500 and has an annual operating cost of $5,500. Machine B costs $8,000 and has an annual operating cost of $5. What is the annual rate of return the additional investment in machine A?

Answers

Complete Question:

Machine A costs $9,500 and has an annual operating cost of $5,500. Machine B costs $8,000 and has an annual operating cost of $5,800. Each machine has an economic life of 8 years. What is the annual rate of return the additional investment in machine A?

Answer:

IRR is 11.81%

Explanation:

We have to find the annual rate of return on the additional investment in machine A. The additional investment can also be termed as incremental investment which is $1,500 ($9,500 - $8,000). Furthermore, the additional cost savings of operating machine A is $300 ($5,500 - $5,800). And this cost savings will be during the life span of the machine A.

Now

We can compute IRR, by using Excel as under:

in which form of business ro the members of an organization own and control its activities

Answers

Answer: Partnership is the form of business in which the members of the organization owns and control its activities. They directly oversee the operations of the business and has direct involvement towards the day to day activities of the business.

Explanation:

The distribution of stock rights to existing common stockholders will increase paid-in capital at the

Answers

Answer:

Date of issuance of rights - No

Date of exercise of the rights - Yes

Explanation:

The distribution of stock rights to existing common stockholders will increase paid-in capital at the date of exercise of the rights.

Actually, Paid in capital increases whenever funds are received. This means on the day the rights are exercised and not when the rights are issued.

Delineate and describe the difference between measuring human performance and task completion.

Answers

Answera and Explanation:

Measuring human performance and task completion differ by degree of complexity and what is generally considered in measurement. in measuring human performance, there is broader perspective and metrics such as task completion, work ethics of employee, employee's overall contribution to organizations success is considered. In the case of task completion, the employees are assigned tasks and are given deadlines to complete them. Tasks are measures by systems put in place to measure employees task completion. Tasks completions begin and end with tasks and nothing more. Human performance spans the broad performance of the employee as it concerns organizations goals and objectives and therefore supersedes just task completion

g Compare and contrast a four Ps approach to marketing versus the value approach (creating, communicating, delivering and exchanging value). What would you expect to be the same and what would you expect to be different between two companies that apply one versus the other approach?

Answers

Answer:

The 4Ps are Product, Pricing, Promotion, Place.

Explanation:

Thinking about it carefully, one would note that there is really nothing to contrast between the value approach which is Creating, Communicating, Delivering and Exchanging Value.

Let's make the comparisons:

Products and Services are Created. It's impossible to have a product or service that is not created.

The inherent quality of a Utility or Product or Service is that they are value which is Created. So in describing the marketing approach, one can use both interchangeably.

Pricing vs Exchanging Value

Again there is a parallel here. Price is the value you have put on your product or service. Without price, it's difficult to exchange value. Again in the marketing process/approach, it's difficult to separate the two. In both approaches, pricing and Exchanging Value as steps in the marketing approach can be used interchangeably.

Communicating vs Promotion

This is also another parallel. Promotion is simply another way to communicate the value of your product. Both are really not different.

Delivering Value vs Place

Place under the 4 Ps approach speaks to the location where the product is delivered. Again it's clear to see that both cannot be separated.

In conclusion, assuming all factors are the same and held constant between two companies A and B, if company A follows the 4Ps approach and company B follows the Value approach, they are most likely to arrive at the same results.

Cheers!

A 20 percent decrease in the price of breakfast cereal leads to a 30 percent increase in the quantity of cereal demanded. As a result:_________A. total revenue will decrease. B. total revenue will increase. C. total revenue will remain constant. D. the elasticity of demand will increase

Answers

Answer:

B

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded

Price elasticity = 30% / 20% = 1.5

Demand is elastic. If price is reduced, the quantity demanded would increase and total revenue would increase

As a result of the quantity demanded increasing at a higher rate than the fall in price, the result would be B. total revenue will increase.

When a price decrease is such that the percentage it decreased by is less than the percentage the quantity demanded increased by, the total revenue will increase.

For instance:

Assume a company is selling 10 units of a product for $1. Total revenue:

= 10 x 1

= $10

If price decreases by 20% and quantity demanded increases by 30%, the company would be selling 13 units at $0.80:

= 13 x 0.80

= $10.40

Total revenue has increased.

In conclusion, this scenario would lead to an increase in total revenue.

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Movie stars such as Salma Hayeck, Samuel L. Jackson, Dwayne Johnson, and Jennifer Lawrence are paid millions of dollars per movie, which can take as much as 6 months of full-time work for an actor. By contrast, doctors and nurses earn considerably less over the same time period. Why might this be? While the supply of (major film stars OR doctors and nurses) is small and relatively fixed in the short run, the demand for (the average doctor or nurse OR movies featuring these film stars) is quite large globally. By contrast, the marginal benefit of the services provided by (major film stars OR doctors and nurses) is relatively low, although the total benefit is quite high. This illustrates the diamond-water paradox. True or False

Answers

Answer:

False

The diamond-water paradox is illustrated by stating that the marginal benefit of the services provided by doctors and nurses is relatively lower than the marginal benefit of the services provided by major film stars.  This implies that the supply of doctors and nurses is larger than the demand while the demand for major film stars is larger than the supply.

Explanation:

The marginal utility derived by film consumers from major film stars is higher than the marginal utility derived by patients from doctors and nurses. This is because consumers of the services of major film stars are willing to pay more for the services than consumers of the services of doctors and nurses. Though health is more crucial to life than films, but consumers place more utility value on films than they do on their health, especially after attaining the basic sound health. This actually explains the diamond water paradox, where consumers value diamond and are willing to pay more for diamond than they are willing to pay for life-sustaining water. In a layman's language, people are more willing to value the satisfaction they derive from one more additional film than they are to value the satisfaction they derive from additional healthcare. That means that people only care for the basic in healthcare. But, they can stake more to acquire more diamond.

What are unit-level, batch-level, product-level, customer-level, and organization-sustaining activities?

Answers

Answer with Explanation:

Unit-level Activities includes the activities that are performed on production of every single unit. These includes the material cost, labor cost, etc. These unit level activities are largely used by companies like real estate companies who produce products in units because of orders they receives are in units.

Batch-level activities are the activities that are involved in performing of activities that is inter-related with production of batch irrespective of individual unit. The examples include the machine setup cost, batch delivery cost, batch inspection cost, etc. These batch level activities are used by Fast Moving Consumer Goods companies like Procter and Gamble, Nestle, Coke, Philips and Morris, etc.

The Product-level activities are the activities that are related to an individual product. These activities are largely used for differentiated products like Bugatti, Royal Royce, Ferrari, etc. These Product-level activities include all the activities which are concerned with making and designing of a product irrespective of batch and number of units produced.

Customer level activity are the activities that are related to an individual customer and are not concerned with the product offerings. Examples of these customer-level activities include IT support, Audit of companies, Consulting fees, sales calls, etc. Customer level activities are largely used by service companies like audit firms, IT firms, etc.

Organization-sustaining activities are the activities that are under taken to maintain the operations of the company for foreseeable future. The activities are based on ensuring continuity of future operations. These Organization-sustaining activities includes activities like insurance of building and produciton house, Preparing annual financial statements, fees related to accounting software, etc. Every company uses these organization sustaining activities.

If you reviewing an Energy Company such as Exxon, which of the following metrics is least relevant? A) Oil Rig Count B) Realized Price per Barrel C) Oil Production (BBL/Day) D) Shipping Containers Handled

Answers

Answer:

B) Realized Price per Barrel

Explanation:

This is because, the realized Price per Barrel is not a fixed index or metrics for Exxon but is a variable index subject to external factors which led to its fluctuation. It would not be able to give a clearer picture of the energy company hence the reason it is least relevant during reviewing.

"3. For this question only, assume that on January 2, 2018, Pops, Inc. acquired 192,000 shares of Son Corp. at a cost of $10 per share. At what amount should the Investment in Son be reported on Pops’ December 31, 2018 balance sheet?"

Answers

Answer:

The investment in Son Corp. should be reported on Pops' December 31, 2018 balance sheet at $1,920,000 ($10 * 192,000).

Explanation:

There is no indication that the fair price of the shares of Son Corp. has changed from its original cost of $10.  Therefore, the investment in Son Corp. can only be reported on the balance sheet of Pops' at the cost price on acquisition.  But, assuming that the price has fluctuated over the period, the investment would have been valued at the current market price multiplied by the number of shares.

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