Ti1-1 (book/static) (1) if the assets of a business are $ 480 comma 000 and the liabilities are $ 160 comma 000, how much is the equity? (2) if the equity in a business is $ 160 comma 000 and the liabilities are $ 100 comma 000, how much are the assets? (3) a company reported monthly revenues of $ 365 comma 000 and monthly expenses of $ 225 comma 000. what is the result of operations for the month? (4) if the beginning balance of retained earnings is $ 180 comma 000, revenue is $ 85 comma 000, expenses total $ 35 comma 000, and the company declares and pays a $ 20 comma 000 dividend, what is the ending balance of retained earnings? g

1)Equity = 320,000

2)Assets = 260,000

3)Result of operations for the month = 140,000

4)Ending balance of retained earnings = 210,000

Explanation:

1)Equity = Assets – Liabilities = 480,000-160,000 = 320,000

2)Asset = Liabilities + Equity = 100,000 + 160,000 = 260,000

3)Result of operations for the month = monthly revenues - monthly expenses = 365,000-225,000 = 140,000

4)Ending balance of retained earnings = Beginning balance of retained earnings + Net Income (revenue – expenses) – Dividend = 180,000 + 85,000 – 35,000 – 20,000 = 210,000

2,283,000

explanation:

i just had to add it

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.