Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 28, 2024

Ending assets total $ 3 7 3 0 3 6 . Ending liabilities total $ 1 6 5 , 0 0 0 . Beginning owners

Ending assets total $

373036 .

Ending liabilities total $

165, 000 .

Beginning owners equity total $

35, 000 .

Dividends for the period were $

20, 000 .

Cash flows from investing activities for the period total $

28, 500 .

There were no sales or purchases of stock for the period. Expenses for the period total $

53, 200 .

What were sales for the period?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Textbook Of Cost And Management Accounting

Authors: M N Arora

11th Edition

9390470501, 978-9390470501

More Books

Students also viewed these Accounting questions

Question

★★★★★

A firm is considering investing $10 million today to start a new product line. The future of the project is unclear however and depends on the state of the economy. The project will last for 5 years....

Answered: 1 week ago

Question

★★★★★

What ratios would you use to begin your analysis of a case?

Answered: 1 week ago

Question

★★★★★

5. If you are meeting alone with a student, do so in an area visible to otherssadly, teachers today must protect against having their positive relationships with students misinterpreted by others or...

Answered: 1 week ago

Question

★★★★★

Tata Consultancy of Bombay, India, is an international computer consulting firm. It spends considerable time and effort recruiting the best personnel from Indias leading technical schools. Tata...

Answered: 1 week ago

Question

★★★★★

1. Which of the following commands saves a file in Vi and exits from the editor? Select one: a. :!exit b. :wq c. :e d. :!save 2. What is the first process that the Linux kernel runs when it boots on...

Answered: 1 week ago

Question

★★★★★

What is the impact of the market shock/change as the covid 19 - apply as many economic concepts( marginal cost, average total cost, consumer and producer surplus) of global online food delivery...

Answered: 1 week ago

Question

★★★★★

Jack and Jill need to save $8600 toward a new car. How long willit take them if they save $280 a month earning an annual interestof 6.7% (compounded monthly)? (Treat as an ordinary annuity.)(State 1...

Answered: 1 week ago

Question

★★★★★

a) Derive the midpoint average equation fn-1 + fn+1 2 from the Taylor series expansion of fn-1 and fn+1 centered at fn- b) What is the accuracy of this approximation? Justify.

Answered: 1 week ago

Question

★★★★★

An ad for Hydroxycut, a dietary supplement sold as a weight loss aid, depicts a handsome man with an open shirt with ripped abdominal muscles who claims that he "was shocked at how fast Hydroxycut...

Answered: 1 week ago

Question

★★★★★

DO not use for or while. Any looping must be accomplished using recursion. Part 3a. Largest power of two less than Implement the method public static int lp2lt(int n) which calculates and returns the...

Answered: 1 week ago

Question

★★★★★

1. Mate Library is going through a tough time. It is very expensive to keep a librarian, so for the last 5 years, the library has been operating without him. Readers come, take the books and go. But...

Answered: 1 week ago

Question

★★★★★

a. Cover the screen with a towel or newspaper and try to identify the style of one or two persons, using voice only.

Answered: 1 week ago

Question

★★★★★

3. Many times, we take the conversation away from others and make it our own. This practice not only wastes time, but is a major relationship killer. Here is how it works: At the beginning of the...

Answered: 1 week ago

Question

★★★★★

2. Evaluate how the original problem could have been intercepted before it became a health care crisis.

Answered: 1 week ago

Previous Question Next Question