Skysong, Inc. began the year 2022 with retained earnings of $670000. During the year, the company sold additional shares of stock for $1005000, recorded revenues of $633000, expenses of $385000, and paid dividends of $131000. What was Skysong's retained earnings balance at the end of 2022?
Answers: 2
Business, 22.06.2019 03:20
The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out
Answers: 1
Business, 22.06.2019 05:00
Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.
Answers: 3
Business, 22.06.2019 10:50
Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Answers: 3
Business, 22.06.2019 14:40
Increases in output and increases in the inflation rate have been linked to
Answers: 2
Skysong, Inc. began the year 2022 with retained earnings of $670000. During the year, the company so...
English, 10.12.2019 03:31
English, 10.12.2019 03:31
History, 10.12.2019 03:31
History, 10.12.2019 03:31
Mathematics, 10.12.2019 03:31
Mathematics, 10.12.2019 03:31
Mathematics, 10.12.2019 03:31
History, 10.12.2019 03:31
History, 10.12.2019 03:31
History, 10.12.2019 03:31
Mathematics, 10.12.2019 03:31