Question
Hi, I have a test at my managerial accounting and I need your help with the following two questions Question 1:- In an efficient capitalmarket,
Hi, I have a test at my managerial accounting and I need your help with the following two questions
Question 1:-
In an efficient capitalmarket, the appropriate investment strategy is riskcontrol, ________ and________.?
A.lowdiversification; high turnover of securities B.highdiversification; low turnover of securities C.lowdiversification; low turnover of securities D.highdiversification; high turnover of securities
Question 2:
Monkile Company had retained earnings of $109,000 and total stockholders' equity of $ 110,000 at the beginning of 20X1. During 20X1 the company had net income of $29,000, declared and paid cash dividends of $14,000, and had other comprehensive income of $19,000. Monkile Company neither issued nor bought back shares in 20X1.
Requirement
Compute the retained earnings and totalstockholders' equity at the end of 20X1.? Compute thestockholders' equity at the end of 20X1? |
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