Answers
solution & concord comporation, for the year 2020 step income Statement & Multiple particulars Amount ($) Amount(s) 1144000 68 6400 457600 gquuo 557040 plet Sales lesso cost of goods sold Gross profit less operating expenses 51200 selling expenses Administrative expenses 42 246 Income from operations Add: other revenues and gains & Dividend revenue 11-600 Interest revenue 6160 less other expenses and losses & write off of inventory due to obsolescence Income before home tax and extruddinary item Lesso income [email protected] Income before extraordinary items casulary loss 44000 Less: Applicable tera reduction. (8800) Net income 23760 70400 15louoo 102080 408320 35200 373120
per share of common stocks :- Income foefore extraordinary income 408 320 home 66850 = 6.1052 Extraordinary income a 35200 66880 = 0-5263 Net income - 373120 66880 = 5.5789 * Retained earnings statement for 2020 - 862 400 Balance an 1 as reposted correction for overstatement of net income in prior period Depre chatsien eroon) 9680 (48400-9680 Balance Jan Ĉ, adjusted (38720) 823680 Addi wet income 373120 1196800 (39600) Lesso Dividends Retained earnings balance as at - 36t dec 2020. 1 1157200
.
Similar Solved Questions
1 answer
Xiii. Compare stratified sampling and systematic sampling. xiv. Determine the difference between stratified sampling and sampling...
xiii. Compare stratified sampling and systematic sampling. xiv. Determine the difference between stratified sampling and sampling by conglomerates ("cluster") xv. What distinguishes the four potential sources of error when Do they handle surveys designed using probabilistic sampling? STAT 55...
1 answer
Which of the following are characteristics of an oligopoly market? (Check all that apply.) P =...
Which of the following are characteristics of an oligopoly market? (Check all that apply.) P = MC at the profit maximizing quantity P = MR at all quantities One firm in the industry | Firms are price takers A few firms in the industry MR = MC at the profit maximizing quantity Many firms in the indus...
1 answer
(show YOU Prob #2: Answer the Questions Below using the Following Information (sh A. January 1-ST,...
(show YOU Prob #2: Answer the Questions Below using the Following Information (sh A. January 1-ST, The 49er-Corp Issued 9.000 Bonds at 108.80%. B. Each Bond had a Face Value of $ 1 000 The Maturity Date is 20 years from Now C. The Face Rate of Interest is 4.50%. Interest is Payable Annually on Decem...
1 answer
For this station, you have two coils of wire (each with different numbers of loops), a...
For this station, you have two coils of wire (each with different numbers of loops), a magnet, some connecting wires, and a galvanometer. A galvanometer is an ammeter that measures very small currents (micro-amperes) and indicates the direction of that current. Understanding how the meter behaves is...
1 answer
B) Consumer confidence drops due to an increase in gas-price. 5. Consider the following table: (Write...
b) Consumer confidence drops due to an increase in gas-price. 5. Consider the following table: (Write the formula and show your work for each calculation) Labor force 7506 7675 Real GDP 515.00 Year 2003 2004 2005 2006 U-Rate Potential % | GDP 515.00 13.55518.00 14.69 519.00 Output Gap (%) NA Unemplo...
1 answer
Check My Work Please read the following scenario and answer the questions that follow Mr. Jones,...
Check My Work Please read the following scenario and answer the questions that follow Mr. Jones, a 75-year-old patient, has just been diagnosed with prostatic cancer. The provider has explained what is to be expected, but Mr. Jones is upset and asks you for your help in understanding the disease and...
1 answer
1.1 Question 1 (Decimal and binary fractions) la. Which of the following five fractions are decim...
please print your answer 1.1 Question 1 (Decimal and binary fractions) la. Which of the following five fractions are decimal fractions (in Q1o) Which are binary fractions (in Q2)? 3/16, 91/200, 8/60, 24/60, 99/250 Include your reasoning. lb. Explain how you get a binary fraction which has the same f...
1 answer
The Southern Company began the accounting period with assets of $600, common stock of $200, and...
The Southern Company began the accounting period with assets of $600, common stock of $200, and were $50. Common stock was unchanged during the accounting period. Liabilities decreased by $100. T00,000. 13. retained earnings of $250. During the period, revenue was $300, expenses were $200, and divid...
1 answer
A coil of wire has a resistance of 38.0 Ω at 25° C and 43.7 Ω at 54° C. What is the temperature coefficient of resistivi...
A coil of wire has a resistance of 38.0 Ω at 25° C and 43.7 Ω at 54° C. What is the temperature coefficient of resistivity?...
1 answer
Please solve A-E tile, placed on top of a spring with spring constant Consider a 0.1...
Please solve A-E tile, placed on top of a spring with spring constant Consider a 0.1 kg projec compressed 10.0 cm. 4. k=18,750 N/m What is the potential energy stored in the spring? a. b. If the spring is released and the projectile is shot straight up, what is its initial velocity? c. What is it...
1 answer
Detail which stakeholder entities (suppliers, employees, managers, investors, etc.) would care most about each of the...
detail which stakeholder entities (suppliers, employees, managers, investors, etc.) would care most about each of the for financial ratio categories. why? (be specific and not murky that all entities care about all categories) Financial Statement Analysis Ratios The ratios used to facilitate t...
1 answer
Family r cu ves 3. Show that the first fundamental form on the tangent surface x...
family r cu ves 3. Show that the first fundamental form on the tangent surface x (e) + ut(e) to the eurve y y(s) is I (1 + u2k2) ds2 + ds du + du n the surface xy(s) + ub(s) generated by the...
1 answer
P.25.14. Determine the axial force in the flanges and web of the channel section shown in...
P.25.14. Determine the axial force in the flanges and web of the channel section shown in Fig. P.25.14 when it is subjected to a total axial force of 40 kN. The ply properties are E;= 140 000 N/mm², E,= 10 000 N/mm², G = 5000 N/mm² and v=0.3. Answer: Flange; 17.2 kN, Web; 5.6 kN. | 1....
1 answer
Biology 1108, Spring 2019 MBCROCKER37776 pter 54 Pretest competitive exclusion interspecific competition realized niche intraspecific competition...
Biology 1108, Spring 2019 MBCROCKER37776 pter 54 Pretest competitive exclusion interspecific competition realized niche intraspecific competition character displacement 1. Roosting areas in buildings of any height are the of species 1 2. between the two bat species occurs because both species prefer...
1 answer
For the beam shown, use the Conjugate Beam Method to determine a) The deflection at F,...
For the beam shown, use the Conjugate Beam Method to determine a) The deflection at F, b) The slopes on both sides of the hinge at C. 90 KN 160 kN.m E B с D F 2 m m 2 m 2 m 2 m EI = Constant...
1 answer
Which of the following is accurate regarding a federal agency’s Statement of Net Costs? Multiple Choice...
Which of the following is accurate regarding a federal agency’s Statement of Net Costs? Multiple Choice Costs are reported within the broad categories of current, capital, and debt service. Both the statements "Costs are reported within the broad categories of current, capital, and debt se...
1 answer
How do you translate "the number of days in a W weeks" into an algebraic expression?
How do you translate "the number of days in a W weeks" into an algebraic expression?...
1 answer
Eukaryotic genes can be introduced into bacteria by recombinant DNA techniques. If the introduced gene encodes...
Eukaryotic genes can be introduced into bacteria by recombinant DNA techniques. If the introduced gene encodes a protein that is also found in bacteria—for example, a universally used glycolysis enzyme—then expression of the eukaryotic gene may produce a protein that functions in the bac...
1 answer
Hi please looking at this picture can someone explaim why the last cash flow is being...
hi please looking at this picture can someone explaim why the last cash flow is being discounted to year 4 when its year 5? please only answer if u can explain it well to someone that have no idea. otherwise i will have to report. . A firm is expected to generate the following free cash flows over t...