nursing is a humanitarian service give reason
Company XYZ reports the following information on its Balance Sheet in the beginning of 2020 Assets 3500 Liabilities 2000 Contributed Equity 1000 Retained Earnings 500 Owner's Equity 1500 Total Liab + Equity 3500 Income Statement end of 2020 Revenue 500 Op Expenses 250 Interest Paid 25 Taxes 50 Net Income ??? Dividends 50 Retained Earnings ??? End of 2020 Retained Earnings ??? Additional Capital Raised during Yr 2020 End of 2020 Owner's Equity ??? End of 2020 Assets ???
At the end of 2020, the retained earnings were $125, the additional capital raised was $0, owner's equity was $1,500, and assets remained at $3,500.
In the beginning of 2020, Company XYZ had total assets of $3,500, which included $1,000 in contributed equity and $500 in retained earnings. The owner's equity was calculated as the sum of contributed equity and retained earnings, resulting in $1,500. The liabilities for the company were $2,000, making the total liabilities and owner's equity $3,500, which is equivalent to the total assets.
Moving on to the income statement at the end of 2020, the company reported revenue of $500. After deducting operating expenses of $250, interest paid of $25, and taxes of $50, the net income for the year is still unknown and needs to be calculated.
To find the net income, we subtract the total expenses from the revenue:
Net Income = Revenue - Operating Expenses - Interest Paid - Taxes
Net Income = $500 - $250 - $25 - $50 = $175
Next, we consider the dividends paid during the year, which amounted to $50. Dividends represent a distribution of earnings to shareholders and are subtracted from the net income to determine the change in retained earnings.
Retained Earnings = Net Income - Dividends
Retained Earnings = $175 - $50 = $125
Therefore, at the end of 2020, the retained earnings on the balance sheet would be $125. Additionally, if no additional capital was raised during the year, the owner's equity would remain the same at $1,500.
To calculate the end-of-year assets, we need to consider that assets are equal to the sum of liabilities and owner's equity:
Assets = Liabilities + Owner's Equity
Assets = $2,000 + $1,500 = $3,500
Hence, the end-of-year retained earnings would be $125, the additional capital raised during the year would be $0, the end-of-year owner's equity would be $1,500, and the end-of-year assets would remain at $3,500.
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A very large company would be most likely to have a(n)
Blank its accounting department.
at the head of
Answer:
manager or head of accounting that makes the most sense to me
Explanation:
What is a file manager? Give an example the file manager is a user medium platform interface
Answer:
The Android File Manager app helps users manage and transfer files between the smartphone's storage and a computer. ... The Android operating system allows you to remove apps quickly if you no longer use them or to make room for additional files without having to connect the phone to your computer.
Explanation:
On January 1 of this year, Shannon Company completed the following transactions (assume a 10% annual interest rate): (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)
a. Bought a delivery truck and agreed to pay $60,000 at the end of three years.
b. Rented an office building and was given the option of paying $10,000 at the end of each of the next three years or paying $28,000 immediately.
c. Established a savings account by depositing a single amount that will increase to $90,000 at the end of seven years.
d. Decided to deposit a single sum in the bank that will provide 10 equal annual year-end payments of $40,000 to a retired employee (payments starting December 31 of this year).
The truck should be bought for $45,079, which is the price that needs to be noted on the purchase document. The three installment payment option again for office building yields the lowest present value.
Present Value: Why Is It Important?The ability to evaluate whether the price paid for in an investment is reasonable gives present value its significance. For instance, if we used a 12% rate of interest in our example from earlier, the investment's present value would be reduced to just $1,802.39 instead.
A lower present value, what does that mean?A future amount of the money a stream of cash flows' present value, or PV, is their current value at a particular rate of return. The higher the credit rate, the smaller the present value of future cash flows are, as future cash flows are discounted there at discount rate.
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calculate the intrinsic value of rio tinto in each of the following scenarios by using the three-stage growth model of spreadsheet 18.1. treat each scenario independently. a. the terminal growth rate will be 10.40%.
The Intrinsic value is $98.63 billion terminal growth rate will be 10.40%. The Intrinsic value is $97.51 billion if Rio Tinto's actual beta is 1.03 and the Terminal value is $174.56 billion.
a. The terminal growth rate is 10.40%.
The three-stage growth model can be calculated by the following formula:
Intrinsic value = (F1 / (1 + r)^1) + (F2 / (1 + r)^2) + (F3 / (1 + r)^3) + (PV of terminal value)
Terminal value = FCF3 * (1 + g) / (r - g)
g = Terminal growth rate
Let us assume that the free cash flow for Rio Tinto for the next three years is $8 billion, $10 billion, and $12 billion. The discount rate is 8%.
Terminal value = $12 billion * (1 + 10.40%) / (8% - 10.40%)
Terminal value = -$223.53 billion
PV of terminal value = -$223.53 billion / (1 + 8%)^3
PV of terminal value = -$167.05 billion
Intrinsic value = ($8 billion / (1 + 8%)^1) + ($10 billion / (1 + 8%)^2) + ($12 billion / (1 + 8%)^3) + (-$167.05 billion)
Intrinsic value = $98.63 billion
b. The following formula is used to calculate the required rate of return for Rio Tinto using the CAPM is,
r = Rf + β x (Rm - Rf)
Let us assume that the Expected market return is 11.30%
r = 2% + 1.03 * (11.30% - 2%)
r = 11.49%
Terminal value = $12 billion * (1 + 10.40%) / (11.49% - 10.40%)
Terminal value = $251.81 billion
PV of terminal value = $251.81 billion / (1 + 11.49%)^3
PV of terminal value = $168.61 billion
Intrinsic value = ($8 billion / (1 + 11.49%)^1) + ($10 billion / (1 + 11.49%)^2) + ($12 billion / (1 + 11.49%)^3) + $168.61 billion
Intrinsic value = $97.51 billion
c. The intrinsic value of Rio Tinto can be calculated using the same free cash flow projections.
Terminal value = $12 billion * (1 + 10.40%) / (8.30% - 10.40%)
Terminal value = $174.56 billion
Therefore we can conclude that the Intrinsic value is $98.63 billion terminal growth rate will be 10.40%. The Intrinsic value is $97.51 billion if Rio Tinto's actual beta is 1.03 and the Terminal value is $174.56 billion.
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The complete question is-
calculate the intrinsic value of Rio Tinto in each of the following scenarios by using the three-stage growth model of spreadsheet 18.1. treat each scenario independently.
a. the terminal growth rate will be 10.40%.
b. Rio Tinto's actual beta is 1.03
c. The market risk premium is 9.30%
an important reason the articles of confederation failed was because the national government could not collect tarrifs (taxes on imports). who had the power to collect tarrifs?
The failure of the Articles of Confederation was largely caused by the national government's inability to collect tariffs (taxes on imports). States possessed the authority to levy tariffs.
What went wrong with the Articles of Confederation?Congress was not given the authority to impose taxes. Congress did not have the authority to regulate international or intrastate trade. No law passed by Congress had an executive branch to implement it. National courts were not present.
Why were the Articles of Confederation terminated?The Constitutional Convention was eventually called in 1787 as the necessity for a more powerful federal government quickly became clear. On March 4, 1789, the current United States Constitution took the place of the Articles of Confederation.
The Articles of Confederation were replaced by the Constitution, but why?Both a weak central authority and a loose confederation of sovereign states were established under the Articles. The State governments retained the majority of the authority. A stronger Federal government was desired, therefore the Constitutional Convention was created in 1787.
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Description of Transaction Type of Market Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash.
Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash, this will be traded in Financial asset markets.
What is Financial asset markets?A financial asset market is a place where a contractual right to a specific type of wealth can be purchased and sold. This is typically distinguished by the asset's liquidity, or how quickly it can be converted to cash, and includes financial assets such as savings and checking accounts, stocks and bonds, and mortgages.
One of the distinguishing characteristics of wealth traded on such a market is that it does not always have direct or linear ties to actual physical value, as in the case of land, jewellery, or art.
Trading environments for a financial asset market, such as a stock market or bond market, are prone to fluctuation due to a variety of seemingly unrelated market conditions.
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Complete question:
You are preparing to take an exam in your finance class, and you’ve been making flash cards on different markets and transactions. Indicate the markets in which each of the following transactions will be traded:
Description of Transaction Type of Market Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash. Financial asset markets
Which of the following is a “DO” regarding scannable résumés?
a.
It should have parentheses to separate numbers
b.
It should have lots of graphic images
c.
It should be written in a simple, standard font
d.
It should have columns to separate sections
Answer:
It Should Be in Simple Standard Font
Explanation:
Like what Im Typing now. Simply Standard Font
The following is a “DO” regarding scannable resume is :
C) It should be written in a simple, standard font.
"Resume"The following is a “DO” regarding scannable resume is that it should be written in a simple, standard font.
If your continue does not check, it'll not be read.
When faxing or mailing your resume, you'll got to utilize a scannable and/or ASCII adaptation in pair along with your introduction version.
Thus, the correct answer is C.
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Matthew earned $1,000 this pay period. He will pay $94.12 in federal taxes. He does not have to pay state income tax. Social security tax is 6.2%, which is $62. Medicare is 1.45%, which is $14.50. Calculate Matthew's net pay with all mandatory taxes included.
Answer: 829.38
Explanation:
The technique is also commonly referred to as cost-volume-profit analysis. " the units of production or volume of sales dollars at which the firm breaks even—that is, where total revenues are exactly equal to the total of fixed and variable costs."
The technique that you are referring to is commonly known as cost-volume-profit analysis, which helps businesses determine their break-even point.
The technique you're referring to, known as cost-volume-profit (CVP) analysis, is a valuable tool used by businesses to evaluate the relationship between costs, volume, and profit. It helps companies understand the break-even point, which is the level of production or sales dollars where total revenues exactly match the total of fixed and variable costs. By using CVP analysis, businesses can make informed decisions about pricing, production levels, and cost management to maximize profitability. This analysis involves examining the relationship between a company's fixed and variable costs, as well as its sales volume, to determine the level of production or sales revenue needed to break even. By analyzing the cost-volume-profit relationship, companies can make more informed decisions about pricing strategies, product mix, and other factors that impact profitability. Overall, cost-volume-profit analysis is a useful tool for any business looking to optimize its operations and maximize profitability.
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shareholders may bring a suit on behalf of the corporation against third parties who may have harmed the corporation. such a suit is generally called a(n) .
A lawsuit filed by a shareholder on behalf of a company against a third party is known as a shareholder derivative action.
The third party is frequently a company insider, like an executive officer or director. In accordance with conventional corporate law, management is tasked with filing and defending the firm against lawsuits, making shareholder derivative actions unusual. Shareholder derivative actions allow a shareholder to file a lawsuit after management has not. Many jurisdictions have imposed minimal thresholds and grounds (procedural and substantive) to such litigation in order to enable a diversity of management approaches to risks and strengthen the most popular types of corporate regulations with a high degree of permissible management power.
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A girl in your kindergarten class has started to act uncharacteristically withdrawn. You send a text message to her primary caregiver, her grandmother, requesting a conference date, but you don't receive a reply. What is the best next course of action?
A.send another message beginning with urgent
B.Try a different method of contact
C.Hope with time child child starts acting like herself
D.Let it go-her grandmother clearly isnt interested in this meeting
B.) Try a different method of contact.
the next model of a sports car will cost 5.1 %less than the current model. the current model costs $36,000. how much will the price decrease in dollars? what will be the price of the next model?
The average cost of a brand-new electric vehicle (EV) climbed in... than EVs, which again are frequently more expensive and opulent versions.
Why is it called electric?
The word "elektron," which signifies amber, is where it got its name. The yellow fossilised rock known as amber is found in tree sap. The Greeks discovered that light materials (like straw or feathers) will stick to amber when it was rubbed against wool. Static electricity is the name given to this type of electricity. The movement of electrical power or charge is known as electricity. It is a secondary energy source, meaning that we obtain it through the conversion of main energy sources like coal, natural gas, oil, nuclear power, and other natural sources.
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How many dollars of sales were generated from every dollar of fixed assets during 2021?
The sales-to-fixed-assets ratio in 2021 can be calculated by dividing total sales by the value of fixed assets.
The specific ratio indicates the efficiency of utilizing fixed assets to generate sales during the year.
The sales-to-fixed-assets ratio is a financial metric that helps assess the effectiveness of utilizing fixed assets to generate revenue. It measures the amount of sales generated per dollar of fixed assets. The formula to calculate this ratio is:
Sales-to-Fixed-Assets Ratio = Total Sales / Fixed Assets
For example, if a company had total sales of $1 million and fixed assets worth $500,000 during 2021, the sales-to-fixed-assets ratio would be 2. This means that for every dollar invested in fixed assets, the company generated $2 in sales.
This ratio provides insights into how efficiently a company is utilizing its fixed assets to generate revenue. A higher ratio generally indicates better asset utilization and efficiency, as it implies that a company is generating more sales from its fixed assets.
However, it's important to consider industry norms and compare the ratio with competitors or previous years' performance for a meaningful analysis. Additionally, other factors like industry dynamics, company size, and business model should be taken into account when interpreting this ratio.
Overall, the sales-to-fixed-assets ratio helps evaluate the productivity and efficiency of fixed assets in generating sales during a specific period, highlighting the company's ability to generate revenue from its asset base.
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what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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A u. S. Bank wants to buy euros in order to buy german bonds. In the open-economy macroeconomic model, this transaction would be part of.
To buy German bonds, a U.S. bank wants to purchase euros. This transaction would be included in both the supply of dollars on the foreign currency market and the demand for loanable money under the open-economy macroeconomic model.
Do US banks exchange US dollars for euros?To purchase or exchange foreign currency, you must go to an American Bank branch. We strongly suggest scheduling a meeting with a lender so that there is enough time for inquiries and processing.
Where does the supply of funds that can be lent in the open-economy macroeconomic model come from?In the open economy model, the sources of loanable funds are the national saving rate and net capital outflows. The demand for loanable funds in an open economy is driven by both domestic investment and net capital outflows. An increase in a nation's real interest rate reduces its net capital outflow.
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In a given town, demand for fish is given by P = 4726 - 13 * Q, where P and Q are fish price and fish quantity (in tons) demanded. What is Consumer Surplus if the one tone of fish price is $1232?
The Consumer Surplus when the price of one ton of fish is $1232 is $469,197.
In the given town, the demand for fish is given by P = 4726 - 13 * Q. To find the Consumer Surplus when the price of one ton of fish is $1232, follow these steps:
1. Find the quantity demanded at the given price: 1232 = 4726 - 13 * Q
2. Rearrange the equation to solve for Q: Q = (4726 - 1232) / 13
3. Calculate the quantity: Q = 3494 / 13 = 269 tons
4. Calculate the area of the triangle representing Consumer Surplus, which is (1/2) * base * height. The base is the quantity demanded (269 tons) and the height is the difference between the maximum price consumers are willing to pay (4726) and the actual price (1232).
5. Calculate Consumer Surplus: (1/2) * 269 * (4726 - 1232) = 469197
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the direct write-off method is used for tax purposes but is generally not permitted for financial reporting. true or false?
True, the direct write-off method is used for tax purposes but is generally not permitted for financial reporting.
Direct write-off method occur when account receivable uncollectible are written or recorded as bad debt and this occur when the money a company is expecting to receive from their customers or clients are uncollectible because the customer did not pay.
Direct write-off method is used for tax purposes because bad debt expense is recorded based on uncollectible amount which is the amount a company is not expecting to receive from their debtors.
This method is not in accordance with the Generally accepted accounting principles which is why it is generally not permitted for financial reporting.
Inconclusion True, the direct write-off method is used for tax purposes but is generally not permitted for financial reporting.
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. Describe an example of "Capital" from the passage.
An example of "Capital" from the passage is the money and resources that a company invests into its business operations.
In the context of the passage, capital refers to the funds and assets that a company uses to generate profits and sustain its operations. This can include investments in equipment, property, and infrastructure, as well as money spent on research and development, marketing, and other business expenses. By allocating capital strategically, companies can maximize their returns and ensure long-term growth and success.
Unfortunately, it was not included in your question. Please provide the passage text so I can accurately identify and describe an example of "Capital" from it.
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A nonprofit organization is trying to convince a mayor to adopt a Citywide recycling program the group includes this sentence and its presentation according to the governmental sources 75% of waste is recycled wool but only 30% is actually recycled which type of hook is it being used A)call to action B)funny story C)question D)statistic
Answer: call to action
Explanation:
The answer to the question is call to action because:
The non-profit organization wants the mayor to adopt a citywide recycling program. The organization wants the mayor to take action against pollution by adopting this program. This is an example of call to action.
Best of Luck!
Answer:
d
Explanation:
20 POINTS AND WILL GIVE BRAINLY
PLS ANSWER
A manufacturer uses a standard cost system with overhead applied based upon direct labor hours. The manufacturing budget for the production of 5,000 units for the month of May included the following information: Direct labor 10,000 hours at $15 per hour $150,000 Variable overhead 30,000 Fixed overhead 80,000 During May, 6,000 units were produced and the fixed overhead budget variance was $2,000 favorable. Fixed overhead during May was
Answer:
Your answer is given below:
Explanation:
Labor efficiency variance = (Standard hour-actual hour)Standard rate
-1500 = (10000*15-X15)
15X = 151500
x(actual hour) = 10100 Hour
How many people are involved in each form of partnership?
The number of people involved in a partnership may vary, as there is no limit to the number of partners that can be involved in a partnership.
A partnership is a type of business structure in which two or more individuals (called partners) own and operate a company together. The partners share profits, losses and control of the business according to the terms outlined in the partnership agreement. Partnerships can be arranged in a number of different ways, including general partnerships, limited partnerships, limited liability partnerships and joint ventures. In a partnership, the partners are personally liable for the debts and obligations of the business, meaning that their personal assets can be confiscated to pay off the business' debts. This is in contrast to a corporation, where the owner has limited liability and his personal assets are protected.
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does non traditional careers for men mean job for women?
and does non traditional careers for women mean job for men?
If the demand curve shifted more to the right on this graph, which of the following could be the new equilibrium point?
Answer:
$200
Explanation:
The demand for money curve shows that there is an inverse relationship between interest rate and
A.quality of money supplied
B. Price level
C. Gross domestic products
D.quantity of money demanded
Answer:
D.quantity of money demanded
Explanation:
Demand for money refers to the people's preference to hold liquid assets and opposed to physical assets. People demand money for immediate purchases or to store to spend it later. The demand curve for money demonstrates the inverse relationship between the quantity demanded of money and the interest rate. The curve slope downwards from the top right corner illustrating how demand increases as interest rates decline.
Apart from Amazon, the top online retail firms in terms of online sales are all primarily Selected Answer: virtual merchants Answers: manufacturer-directs omni-channel merchants virtual merchants catalog merchants
Apart from Amazon, the top online retail firms in terms of online sales are all primarily virtual merchants. Virtual merchants are defined as retailers who conduct their businesses solely online and have no physical storefronts.
These businesses are often referred to as e-commerce stores. In terms of the leading online retail firms, companies like eBay, Walmart, and Apple have all experienced substantial growth in recent years as more and more consumers turn to online shopping as their preferred method of purchasing goods.
These firms have leveraged the power of the internet and digital technology to create robust online shopping experiences that cater to the needs of a wide range of consumers. In addition to providing consumers with a wide selection of products, these firms also offer a range of value-added services such as fast and reliable shipping, flexible return policies, and personalized recommendations.
Overall, the rise of virtual merchants has transformed the retail industry, and these firms are likely to continue to dominate the market in the years to come.
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Charging high prices for a new product to earn large profits during a time when there is little competition represents a __________ strategy.
Charging high prices for a new product to earn large profits during a time when there is little competition represents a skimming strategy.
Skimming pricing strategySkimming is a pricing strategy that establishes a high initial price in the launch of a new product. The purpose is to increase the perception of the brand, create a competitive advantage, and generate sales revenue that allows for covering the initial expenses more quickly. The price decrease when the product enters the maturity and decline phase.
Price skimming exampleAn example of price skimming is Apple's iPhone, using a high pricing strategy during its initial launch. After competitors release rival products, such as the Samsung Galaxy, the price of the iPhone drops so that the product maintains a competitive advantage.
Other examples of products that use this strategy are PlayStation 5 de Sony or Nike sports shoes.
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Which type of consumer products and services are purchased less frequently, with consumers carefully comparing competing products in terms of suitability, quality, price, and style?.
Consumers closely compare rival products in terms of compatibility, quality, price, and style when making less frequent purchases of goods and services.
A product is anything that can be supplied to a market in order to satiate a customer's need or desire. In marketing, a product is an item, system, or service that is made accessible for consumer usage in response to consumer demand. Products are sometimes referred to as merchandise in the retail sector, and they are purchased as raw materials in the manufacturing sector before being sold as finished goods. A form of product that is also considered is a service. In project management, products are the formally defined project deliverables that include or assist in achieving the project's goals.
Although raw materials like metals and agricultural products are typically considered commodities, anything that is readily available on the open market can also be considered a commodity.
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