Golden enterprises started the year with the following: assets $113,000; liabilities $39,500; common stock $69,500; retained earnings $4,000. during the year, the company earned revenue of $6,000, all of which was received in cash, and incurred expenses of $3,500, all of which were unpaid as of the end of the year. in addition, the company paid dividends of $2,000 to owners. assume no other activities occurred during the year. what was the amount of golden's net income for the year?
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Business, 22.06.2019 14:00
Which of the following would be an accurate statement about achieving a balanced budget
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Business, 22.06.2019 18:00
1. what is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. what is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. a business just took out a loan for $100,000 at 10% interest. if the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. what is the annual percentage yield (apy) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%
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Business, 22.06.2019 19:30
Each row in a database is a set of unique information called a(n) table. record. object. field.
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Business, 23.06.2019 08:30
1. using only the amounts given, compute net cash provided by operations, both without and with the reclassification of the receivables. which reporting makes moss look better? 2. under what condition would the reclassification of the receivables be ethical? 3. unethical?
Answers: 1
Golden enterprises started the year with the following: assets $113,000; liabilities $39,500; com...
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