A firm has common stock of 80, paid-in surplus of 160, total liabilities of 370, current assets of 420, and fixed assets of 610. What is the amount of the shareholders' equity?

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:

Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.