subject
Business, 09.11.2019 04:31 bm42400

Below are the year-end balance sheets for wolken enterprises: assets: 2015 2014cash $ 200,000 $ 170,000accounts receivable 864,000 700,000inventories 2,000,000 1,400,000total current assets $3,064,000 $2,270,000net fixed assets 6,000,000 5,600,000total assets $9,064,000 $7,870,000liabilities and equity: accounts payable $1,400,000 $1,090,000notes payable 1,600,000 1,800,000total current liabilitiy $3,000,000 $2,890,000long-term debt 2,400,000 2,400,000common stock 3,000,000 2,000,000retained earnings 664,000 580,000total common equity $3,664,000 $2,580,000total liabilities and equity$9,064,000 $7,870,000wolken has never paid a dividend on its common stock, and it issued $2,400,000 of 10-year non-callable, long-term debt in 2014. as of the end of 2015, none of the principal on this debt had been repaid. assume that the company's sales in 2014 and 2015 were the same. which of the following statements must be correct? (a) wolken had negative net income in 2015. (b) wolken repurchased some common stock in 2015. (c) wolken issued new common stock in 2015. (d) wolken issued long-term debt in 2015. (e) wolken increased its short-term bank debt in 2015.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 01:40, Cosio
Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?
Answers: 1
image
Business, 22.06.2019 20:40, bbygrill
Robert owns a life insurance policy that he purchased when he first graduated college. it has a $100,000 death benefit and robert pays premiums for it every month out of his checking account. the insurance robert has is most likely da. permanent life insurance o b. term life insurance o c. group life insurance o d. individual life insurance
Answers: 1
image
Business, 22.06.2019 23:30, keltaylor
Lucido products markets two computer games: claimjumper and makeover. a contribution format income statement for a recent month for the two games appears below: claimjumper makeover total sales $ 30,000 $ 70,000 $ 100,000 variable expenses 20,000 50,000 70,000 contribution margin $ 10,000 $ 20,000 30,000 fixed expenses 24,000 net operating income $ 6,000 required: 1. compute the overall contribution margin (cm) ratio for the company.. 2. compute the overall break-even point for the company in dollar sales. 3. complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (do not round intermediate calculations.)
Answers: 1
image
Business, 23.06.2019 01:20, cbender30p860we
Suppose that fizzo and pop hop are the only two firms that sell orange soda. the following payoff matrix shows the profit (in millions of dollars) each company will earn depending on whether or not it advertises: pop hopadvertise doesn’t advertisefizzo advertise 10, 10 18, 2doesn’t advertise 2, 18 11, 11for example, the upper right cell shows that if fizzo advertises and pop hop doesn't advertise, fizzo will make a profit of $18 million, and pop hop will make a profit of $2 million. assume this is a simultaneous game and that fizzo and pop hop are both profit-maximizing firms. if fizzo decides to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise. if fizzo decides not to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise. if pop hop advertises, fizzo makes a higher profit if it chooses (not to advertise, to .if pop hop doesn't advertise, fizzo makes a higher profit if it chooses (not to advertise, to . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? fizzo will choose to advertise and pop hop will choose not to advertise. both firms will choose to advertise. fizzo will choose not to advertise and pop hop will choose to advertise. both firms will choose not to advertise. again, suppose that both firms start off not advertising. if the firms decide to collude, what strategies will they end up choosing? fizzo will choose not to advertise and pop hop will choose to advertise. both firms will choose not to advertise. fizzo will choose to advertise and pop hop will choose not to advertise. both firms will choose to advertise.
Answers: 2
You know the right answer?
Below are the year-end balance sheets for wolken enterprises: assets: 2015 2014cash $ 200,000 $ 170...

Questions in other subjects:

Konu
Mathematics, 30.01.2021 02:00
Konu
English, 30.01.2021 02:00