Question 20 (5 points) The Torre Company has the following stockholders' equity account balances in stockholders equity on December 31. Common Stock - $5 par, 60,000 shares issued 340,000 Paid-In Capital in Excess of Par-Common Stock 650,000 Preferred Stock - $100 par, 5,000 shares issued 590,000 Paid-In Capital in Excess of Par-Preferred 120,000 Retained Earnings 240,000 Treasury Stock (cost-$10 per share) 120,000 If net income for the year was $110,000 and a preferred stock dividend of $30,000 was paid, what was the beginning value of retained earnings?​

Answers

Answer 1

According to the solving the beginning value of retained earnings:

= $1,60,000.

What is retained earnings?

Retained earnings are usually included in the shareholders' equity portion of a company's balance sheet. Retained earnings are computed by adding beginning-period retained earnings to net income (or loss), then deducting dividend distributions.

How do I figure up my retained earnings?

To calculate retained earnings, subtract a company's liabilities from its assets to obtain stockholder equity, then locate the common stock line item on your balance sheet and multiply the total stockholder equity by the common stock financial statement figure (if the only two items in your stockholder equity were also common stock).

According to the given data:

Retained earnings, ending = $240,000.

Net income = $110,000.

Preferred stock dividend = $30,000.

Retained earning, beginning = ?

Retained earnings, ending = Retained earning, beginning + Net income - Preferred stock dividend

$240,000 = Retained earning, beginning + 110,000 - 30,000

Retained earning, beginning = 1,60,000

According to the solving the beginning value of retained earnings:

= $1,60,000.

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Related Questions

what is the answer-3x+14-11+11x

Answers

Answer:

-3x+14

Step-by-step explanation:

Find the coordinates of the figure after the transformations. Translate the triangle 1 unit right and 5 units down. Then reflect the image in the y-axis.

Answers

The final image is the same as Translate 5 units down, and then reflect over the y axis.

What is Transformation?

Transformation is the movement of a point from its initial location to a new location. Types of transformation are translation, reflection, rotation and dilation.

Translation is the movement of a point up, down, left or right.

Transformation is the movement of a point from its initial location to a new location.

The final image is the same as Translate 5 units down, and then reflect over the y axis.

Therefore the coordinates remains same as previous figure.

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5x²-7x+4 FACTORISATION??​

Answers

Answer:

The answer is given in attached file.

Step-by-step explanation:

Actual lengths of stay at a hospital’s emergency department in 2009 are shown in the following table (rounded to the nearest hour). Length of stay is the total of wait and ser- vice times. Some longer stays are also approximated as 15 hours in this table.

Answers

The mean and the variance of the given discrete distribution are as follows:

Mean: 5.0563 minutes.Variance: 7.9365 minutes².

What is the missing information?

The distribution of waiting times is missing, and is given by the image at the end of the answer.

The question is also incomplete, but it asks for the mean and the variance of the distribution.

What are the mean and the variance of a discrete distribution?

The mean of a discrete distribution is given by the sum of each outcome multiplied by it's respective probability.The variance is given by the sum of the differences squared between each observation and the mean, multiplied by it's respective probability.

Hence, from the distribution off the image, considering the percentages as the probabilities, the mean is given by:

E(X) = 0.0299 x 1 + 0.1026 x 2 + 0.1496 x 3 + 0.2265 x 4 + 0.1581 x 5 + 0.1368 x 6 + 0.0769 x 7 + 0.0214 x 8 + 0.0299 x 9 + 0.0299 x 10 + 0.0385 x 15 =  5.0563 minutes.

Then, considering the mean found above, and it's formula, the variance is given as follows:

V(X) = 0.0299 x (1 - 5.0563)² + 0.1026 x (2 - 5.0563)² + 0.1496 x (3 - 5.0563)² + 0.2265 x (4 - 5.0563)² + 0.1581 x (5 - 5.0563)² + 0.1368 x (6 - 5.0563)² + 0.0769 x (7 - 5.0563)² + 0.0214 x (8 - 5.0563)² + 0.0299 x (9 - 5.0563)² + 0.0299 x (10 - 5.0563)² + 0.0385 x (15 - 5.0563)² = 7.9365 minutes².

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Please show step by step… i don’t understand!

Answers

Answer:

  14.47 . . . units

Step-by-step explanation:

Given the vertices of triangle XYZ are (-1, 3), (3, 0) and (-1, -2), you want the perimeter rounded to hundredths.

Perimeter

The perimeter of a polygon is the sum of the lengths of the sides. When the points defining a side are on a vertical line, as with segment XZ, the length is the difference of y-coordinates.

When the points are not on a horizontal or vertical line, the distance between them can be found using the distance formula.

Distance formula

The distance between (x1, y1) and (x2, y2) is given by the formula ...

  d = √((x2 -x1)² +(y2 -y1)²)

The length of segment XY is ...

  d = √((3 -(-1))² +(0 -3)²) = √(4² +(-3)²) = √25 = 5

The length of segment YZ is ...

  d = √((-1 -3)² +(-2-0)²) = √((-4)² +(-2)²) = √20 ≈ 4.47

Sum of side lengths

Side XZ has length (3 -(-2)) = 5, the difference of y-coordinates. Then the perimeter is ...

  P = XZ +XY +YZ = 5 +5 +4.47

  P = 14.47 . . . . units

The perimeter of the triangle is about 14.47 units.

The bookstore marked some notepads down from $2.00 but still kept the price over $1.00. It sold all of them. The total amount of money from the sale of the pads was $31.45. How many notepads were sold? What was the price of each notepad?​

Answers

Answer: i think 16

Step-by-step explanation:

Introduction to permutations and combinations
Suppose we want to choose 2 colors, without replacement, from the 3 colors red, blue, and green.
(a)
How many ways can this be done, if the order of the choices is taken into
consideration?
(b)
How many ways can this be done, if the order of the choices is not taken into
consideration?

Answers

Answer:

(a) 6 choices

(b) 3 Choices

Step-by-step explanation:

Given:

3 Colors

Order of choice : Red, Blue, Green

(a) Order of the choices taken into consideration :

When we are picking  the first colour there are 3 color choice.

When we are picking second colour there are 2 choice and so on.

Therefore, total choices are = 3*2 = 6 choices

(b) Order of the choices not taken into consideration :

When to take this option we choose as  and the remove the duplicates

Therefore, choices are = = = 3 Choices

Please show step by step

Answers

Answer:

[tex]\begin{pmatrix}6&-5\\ 0&-2\end{pmatrix}[/tex]

Step-by-step explanation:

[tex]2\begin{pmatrix}2&-3\\ 1&-1\end{pmatrix}=\begin{pmatrix}4&-6\\ 2&-2\end{pmatrix}[/tex]

[tex]\begin{pmatrix}4&-6\\ 2&-2\end{pmatrix}+\begin{pmatrix}2&1\\ -2&0\end{pmatrix}[/tex]=

[tex]\begin{pmatrix}6&-5\\ 0&-2\end{pmatrix}[/tex]

Neil needs to mail a USB drive to a friend. He uses 43-cent stamps and 8-cent stamps to pay $2.01 in postage. How many of each stamp did Neil use?

Answers

The cost of the each stamp is a 4$ and the 9$.

According to the statement

We have to find that the cost of the each stamp.

So, For this purpose, we know that the

The cost function can be used to find the average cost, which is the average amount of money it costs to produce a unit.

From the given information:

Neil needs to mail a USB drive to a friend. He uses 43-cent stamps and 8-cent stamps to pay $2.01 in postage.

Then

48x + 7y = 255

let the value of the two unknowns.

Then

If x = 1, then y = 29.57, which is not a whole number.

If x = 2, then y = 122.71, which is not a whole number.

If x = 3, then y = 15.86, which is not a whole number.

If x = 4, then y = 9, which a a whole number.  This is a solution

And we know that the answer will be in a whole number.

So, The cost of the each stamp is a 4$ and the 9$.

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Figure ABCD is an isosceles trapezoid. Find the value of x. 8x-12 5x+9 (water spilled on my paper)

Answers

The value of x in the isosceles trapezoid is 7.

How to find angles of an isosceles trapezoid?

An isosceles trapezoid can be defined as a trapezoid in which non-parallel sides and base angles are of the same measure.

The base angles of an isosceles trapezoid are the same.

Therefore,

8x - 12 = 5x + 9

subtract 5x from both sides of the equation

8x - 12 = 5x + 9

8x - 5x - 12 = 5x - 5x + 9

3x - 12 = 9

add 12 to both sides of the equation

3x - 12 = 9

3x - 12 + 12 = 9 + 12

3x = 21

divide both sides by 3

x = 21 / 3

x = 7

Therefore, the value of x in the isosceles trapezoid is 7.

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-6
-4
-2
6
4
2
2
4 6
f(1) =

Answers

Answer:

f(1)= -4

Step-by-step explanation:

o_o. .............>|||✓✓✓✓✓

Two trains leave the same station at the same time but are headed in opposite directions. One train travels at 80 mph and the other train travels at 65 mph. How much time passes until the trains are 580 miles apart?

a: 4 hours
b : 6.4 hours
c: 7.7 hours
d: 8 hours
e: 38.7 hours

Answers

38.7 hours would have passed until the trains are 580 miles apart

How much time passes until the trains are 580 miles apart?

The given parameters are

Train 1 = 80 mph

Train 2 = 65 mph

The difference in the speeds of the trains is

d = 80mph - 65mph

Evaluate

d = 15mph

The distance moved is

Distance = 15 * t

At 580 miles apart, we have

15 * t = 580

Divide by 15

t = 38.7 hours

Hence, 38.7 hours would have passed until the trains are 580 miles apart

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How can I draw this problem?

Answers

Using translation concepts, the graph of f(x) is given at the end of the answer.

What is a translation?

A translation is represented by a change in the function graph, according to operations such as multiplication or sum/subtraction either in it’s definition or in it’s domain. Examples are shift left/right or bottom/up, vertical or horizontal stretching or compression, and reflections over the x-axis or the y-axis.

The parent absolute value function is given by:

f(x) = |x|

Which has the graph in the format of a V centered at the origin.

The translated function is given by:

g(x) = -1/2|x + 4| + 2.

The translations are as follows:

Reflection over the x-axis, due to the multiplication by the negative number, thus the V is pointing down now.Vertical compression by a factor of 2, due to the division by 2.Shift left of 4 units, as x -> x + 4.Shift up of 2 units, as y -> y + 2.

Due to the last two translations, the graph is now centered at (-4,2) and is given at the end of the answer.

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8. If a=-10, b-4, show that a - b ≠ b - a

Answers

Answer:

Given : a = -10 and b = -4

To prove : a - b ≠ b - a

Proof : To put the values according to question,

-10 - (-4) = -4 - (-10)-10 + 4 = -4 + 10-6 ≠ 6

Hence verified

What is the correct answer?

Answers

Answer:

B

Step-by-step explanation:

The photo is unclear but based on what I saw, -61 is smaller than +61.

for the function f (x) = 4x^1/3, find f^-1 (x)

Answers

Answer:

Solutions in Attached Photo.

Step-by-step explanation:

To find the inverse of a function , we first solve for x in terms of y, then swap back x and y to get the inverse.

Which of the following represents an INEFFICIENT point of production?
a. Point A
b. Point B
c. Point D
d. None
e. Point C

Answers

The point that represents an INEFFICIENT point of production is point A.

The correct answer is an option (a)

In this question we have been given a graph of Skateboards vs. Bikes.

We need to find the point that represents an INEFFICIENT point of production.

Inefficient production means the economy can be producing more goods without using any additional resources.

In given production possibility curve, an INEFFICIENT point of production is point A.

Therefore, the point that represents an INEFFICIENT point of production is point A.

The correct answer is an option (a)

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-12 < y - 6

Help please.

Answers

y > -6



-12 < y - 6
+6 +6

-6 < y —> y>-6


Problem Solving
27. Maura's dance team wants to buy costumes
that cost $56 each. They have $523 saved in a
fund. How much money will they have left in
the fund after they buy 9 costumes?

Answers

Answer:

$19

Step-by-step explanation:

56x9=504

523-504=19

<
Which of the a values are solutions to the following equation?
a² = 6.4
Choose all answers that apply:
()
B
U
(D)
a = -0.8
a=0.8
a = -3.2
a=3.2
None of the above

Answers

Answer:

a= -0.8 and a= 0.8

Step-by-step explanation:

this questions wants u to find a perfect square for numbers if its difficult becuz of the decimals I suggest u move it and bring it back in your final answer

Josh buys 6 pencils at the bookstore. Each pencil costs $0.20. How can Josh use the number line to find the total cost of the pencils? A number line from 0 to 2.4 is divided with marks every two-tenths. fill in the blank Numbers may be used once or not at all. 4 1.2$ 1.20 0.66 0.20$1.00 1 $6.00 Start at ____ on the number line. Mark ____ parts that are each___ . Th product ____ represents the total cost, which is ____.

Answers

Josh start at 0 on the number line and mark 6 parts that are each 0.20.The product (6 *0.20) represents the total cost which is $1.20 .

What is a number line ?

A number line is a representation of numbers on a line with the marks  placed at the line at equal intervals. This marks or scale of line can be chosen as per our requirement.

For example if we scale the number line such that  each mark is placed at  an interval of number 1 then number 4 will come at 4th mark as each mark is at 1 unit distance with each other .

Given that josh buys 6 pencils at the bookstore and each pencil is of $0.20

Thus, the total cost of pencils = 6 * 0.20 = 1.20

Now on the given number line the numbers starting from 0 and ending at 2.4 and each one is at 2/10=0.2 intervals

Total marks on the line = ( final - initial number )/(length of each interval)

                                      = ( 2.4-0) /(0.2) =12

To find at how many marks total cost would be placed = total cost / interval length = 1.2 / 0.2 = 6

Therefore, when we start from 0 and at 6 marks at this number line our number value will 1.20 that is our total cost.

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Rewrite (132 + 228) using factoring.

4(32 + 57)
6(22 + 222)
4(33 + 57)
16(116 + 14)

Answers

The expression using factoring is 4 * (33 + 57)+ 8)

How to rewrite the expression using factoring?

The expression is given as

(132 + 228)

Factor out 2 from the expression

So, we have

(132 + 228) = 2 * (66 + !14)

Factor out 2 from the expression

So, we have

(132 + 228) = 2 * 2 * (33 + 57)

This gives

(132 + 228) = 4 * (33 + 57)

Hence, the expression using factoring is 4 * (33 + 57)+ 8)

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According to the 2019 National Coffee Drinking Study from the National Coffee Association, 63% of 2,815 U.S. adults respondents reported drinking coffee in the past 24 hours. Based on these data, a theory-based 99% confidence interval for the proportion of all adult Americans that drank coffee in the previous 24 hours is:

Answers

Using the z-distribution, the 99% confidence interval for the proportion of all adult Americans that drank coffee in the previous 24 hours is: (0.61, 0.65).

What is a confidence interval of proportions?

A confidence interval of proportions is given by the following rule:

[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

In which:

[tex]\pi[/tex] is the sample proportion, which is also the estimate of the parameter.z is the critical value.n is the sample size.

For this problem, we have a 95% confidence level, hence the [tex]\alpha = 0.95[/tex], z is the value of Z that has a p-value of [tex]\frac{1+0.95}{2} = 0.975[/tex], so the critical value is z = 1.96.

The estimate and the sample size are given as follows:

[tex]\pi = 0.63, n = 2815[/tex]

The lower limit of this interval is:

[tex]\pi - z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.63 - 1.96\sqrt{\frac{0.63(0.37)}{2815}} = 0.61[/tex]

The upper limit of this interval is:

[tex]\pi + z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.63 + 1.96\sqrt{\frac{0.63(0.37)}{2815}} = 0.65[/tex]

Hence the 99% confidence interval for the proportion of all adult Americans that drank coffee in the previous 24 hours is: (0.61, 0.65).

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a. If a family has 5 children, in how many ways could the parents have 2 boys and 3 girls as children?

Answers

Answer: 10 ways

Step-by-step explanation:

5! / (3! * 2!)=

1*2*3*4*5/(1*2*3*1*2)=

4*5/(1*2)=

20/2=10 ways

ade A.7 Add and subtract whole numbers: word problems A67
D) Last month, the local grocery store sold 52 cans of cherry soda, 194 cans of orange
soda, and 76 cans of grape soda. How many cans of soda did the grocery store sell in all?
(1)
Submit
cans of soda

Answers

322 cans of soda were sold by the grocery store in all.\

Concept: Addition is one of the four basic operations of arithmetic, the other three being subtraction, multiplication and division. The addition of two whole numbers results in the total amount or sum of those values combined.

Given: 52 cans of cherry soda, 194 cans of orange soda, and 76 cans of grape soda.

The total no. of total soda cans sold by the local grocery store is 52+194+76 = 322

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Find the value of x.
28°
X
X
x = [?]°

Answers

Step-by-step explanation:

180-28=152

152÷2=76

x=76°

The quotient of a number and -5 increased by 7 os at minimum 1

Answers

The quotient of a number and -5 increased by 7 os at minimum 1 is x ≤ 30.

Sometimes they will ask for a remainder or to find a quotient using the dividend and divisor values. Whatever they ask for, you can quickly discover the right answer if you know how to write it down or how to build the equation based on reading the question.

Here, we assume that the quotient of a number is x, and we first write the formula by deciphering the provided question.

The product of a number's ratio to -5 and 7 is

x/-5 + 7

This is at least one

x/-5 + 7 ≥ 1

Take 7 away from both sides.

x/-5 ≥ -6

Add -5 to both sides. Since this integer is negative, the inequality sign must be changed:

x ≤ 30

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can someone please help with this thank u

Answers

Answer:

  y = {-1/4 for x < -3; +1/4 for x > -3}

  see attached for a graph

Step-by-step explanation:

You want the function y = |x+3|/(4x+12) written as a piecewise function and graphed.

Absolute value function

The absolute value function resolves into two pieces, each with its own domain. These let you write the function as a piecewise function.

(x+3) < 0

When (x+3) < 0, the absolute value function negates this value:

  y = -(x+3)/(4(x+3)) = -1/4 . . . . . for x < -3

(x+3) ≥ 0

When (x+3) ≥ 0, the absolute value function does nothing. That means the equation becomes ...

  y = (x +3)/(4(x +3))

When the denominator is zero, the function is undefined. When the denominator is not zero, the function becomes ...

  y = 1/4 . . . . . for x > -3

Piecewise function

Then the definition of the piecewise function is ...

  [tex]y=\begin{cases}-\dfrac{1}{4},&x < -3\\\dfrac{1}{4},&x > -3\end{cases}[/tex]

The graph is attached.

ank, the owner of Hank's Hot Dog Hut, deposited $175 this morning from his late-night sales. This afternoon, he deposited another $280 from lunch sales.

Answers

Hank added 455.00 more to his bank account. The Total change in Hanks bank account is $455

What is the unitary method?

The unitary method is a method for solving a problem by the first value of a single unit and then finding the value by multiplying the single value.

We have been given that Hank, the owner of Hank's Hot Dog Hut, deposited $175 this morning from his late-night sales. In  afternoon, he deposited another $280 from lunch sales.

We need to Just add 175 and 280

175 + 280

455

Therefore, Hank added 455.00 more to his bank account.

Hence The Total change in Hanks bank account is $455

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The complete question is

Hank, the owner of Hank's Hot Dog Hut, deposited $175 this morning from his late-night sales. This afternoon, he deposited another $280 from lunch sales.

What was the total change in Hank's bank account relative to where it started?

find the real numbers that satisfy the equation |x| = 41.5

Answers

Answer:

x| = 78.7 is satisfied by both x = 78.7 and x = -78.7.

Step-by-step explanation:

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