How to calculate opening capital

Answers

Answer 1

Answer:

Opening Capital = closing capital + drawings - additional capital - profit + loss.

Explanation:

The opening capital is the balanced equalization exhibited around the beginning of an accounting period.

Answer 2
Opening Capital = closing capital + drawings - additional capital - profit + loss. Explanation: The opening capital is the balanced equalization exhibited around the beginning of an accounting period.

Related Questions

Rebecca Huang receives a regular salary of $2,600 a month and is paid 1/2 times the regular hourly rate for hours worked in excess of 40 per week.
a. Calculate Huang's overtime rate of pay.
22.5 overtime pay per hour
s
b. Calculate Huang's total gross weekly pay if she works 43 hours during the week.

Answers

The over time rate of pay is $22.5 overtime per hour. While the total gross pay at 43 hours is 667.5 dollars.

a. The regular salary = $2600 monthly

The annual salary = $2600 * 12

= 31200 dollars.

The weekly salary in a year

We have 52  weeks in a year

Weekly salary = 31200/52

= 600 dollars.

She works for 40 hours weekly.

Pay per hour = 600/40

= 15

The overtime pay per hour that Rebecca receives

[tex]15*1\frac{1}{2}[/tex]

= 15 * 1.5

= 22.5

Therefore Huang's overtime pay is 22.5 dollars.

b. If she works 43 hours during the week

15 dollars * 40 hours = 600 dollars

43-40 = 3 overtime hours

3 x 22.50 per hour = 67.5 dollars.

The total gross wages = 600 dollars + 67.5 dollars

= 667.5 dollars.

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what is a CIRTA policy

Answers

Answer: Candice

Explanation: CANDICE D FIT IN UR MOUTH

What comparison can be made between command economies and market economies?
etafset

Answers

Answer:

The difference between command economy's and market economy's is that a command economy the government controls what is produced and how it will be shared. and in a market economy people have more freedom and can make their own decisions.

Explanation:

Kay is working with Charity to help Charity identify the type of career she wants and what steps to take to realize her goals. Kay and Charity are: A. in the development phase of career planning. B. working through an organizational assessment. C. conducting a self assessment of Charity. D. in the direction phase of career planning.

Answers

Answer:

I would say the answer is C. conducting a self assessment of Charity.

Explanation:

They're trying to determine what career Charity wants and the goals she might have in order to achieve it. So before they can make any real decisions, they need to assess Charity's character, and what she wants first.

Hope this makes sense. Also please let me know if I'm somehow wrong :)

Assume the risk-free rate is 8% and the expected rate of return on the market is 18%. A share of stock is now selling for $100. It will pay a dividend of $9 per share at the end of the year. Its beta is 1. What do investors expect the stock to sell for at the end of the year

Answers

The price of the investors can expect the stock to be sold at the end of the year is $109.

The price of the investors can expect the stock to be sold at the end of the year can be determined using this formula:

Stock price = d1 / (r - g)

d1 = next dividend to be paid = $9

r = cost of equity

g = dividend growth rate

The cost of equity would be determined using the capital asset pricing model:

Risk free rate + beta(market rate of return - risk free rate)

8% + 1(18% - 8%) = 18%

The dividend growth rate can be determined using this equation:

100 = $9 /  ( 18% - g)

g = 9%

Stock price = $9(1 + 0.9)  / (0.18 - 0.09)  

9.81 / 0.09 = $109

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Why is competition limited in an oligopoly

Answers

Answer:

High entry costs prevent new producers from entering the market. ... Producers actively segment the market to avoid competition. High entry costs prevent new producers from entering the market.

Explanation:

Hope this helps:)

~Kisame'sAbs

Provided travel services to group of travelers; they paid $22,500 now and will pay $4,500 later

Answers

Recording the transaction of providing travel services to the travelers, who paid $22,500 with a balance of $4,500 in the books of the Travel Services Corporation include:

Journal Entries:

Debit Cash $22,500

Debit Accounts Receivable $4,500

Credit Service Revenue $27,000

To record the provision of travel services for cash and on credit.

Data Analysis:

Cash $22,500 Accounts Receivable $4,500 Service Revenue $27,000

Thus, the total service revenue recorded for this transaction is $27,000.

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What was the CEO of Tyco accused of doing?
A falsifying records to keep the company stock price from falling
B. engaging in insider trading
C. using company funds to pay for his lavish lifestyle
D. hiding debt by transferring it to subsidiaries

please help accounting is always hard to find answers for if there’s any other app what does better let me know !!

Answers

The CEO of Tyco was accused of C. using company funds to pay for his lavish lifestyle.

What did Dennis Kozlowski do?

Dennis Kozlowski was the CEO of Tyco but he was found to have evaded taxes by the IRS.

When they investigated his dealings further, they found that he had been using the company's funds to pay for his lavish lifestyle such as purchasing art and taking bonuses.

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16. A est is NOT showing ons of intoxication but a server who has been monitoring the rest is concerned about the number of drinks the quest has consumed. What should the server do in this situation?
Continue serving the guest but stop when the guests how’s signs of intoxication
Continue serve the guest because he or she can deally handle more alcohol than the average person
stop sere koho to the puest because the post may have a tolerance to alcohol
Ask the quest to leave the establishment immediately

Answers

Answer:

Some of the choices seem to have some spelling mistakes but:

The server should stop serving alcohol and if the guest becomes combative/belligerent, ask the guest to leave.

Explanation:

Signs of intoxication might not be immediate, so after a few drinks, the server should stop serving. If the man is a disturbance/combative, the server should call the police department.

There are good ways to handle quest. The server should  continue serving the guest but stop when the guests show’s signs of intoxication.

There are different ways to handle an intoxicated customer in a restaurant.  The best way is to offer the customer some coffee or food, as a replacement for a drink.

Do call a cab or order a ride home for the customer and never let them drive. Note that a customer may becomes  angry, but be patient and escort them outside of the restaurant and call the police if it becomes more than you can handle.

Note that you should not stop serving the guest unless there is signs of intoxication as it will be very rude to do so without any signs shown by the guest.

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Kelley Company and Mason Company each have sales of $200,000 and costs of $140,000. Kelley Company's costs consist of $40,000 fixed and $100,000 variable, while Mason Company's costs consist of $100,000 fixed and $40,000 variable. Which company will suffer the greatest decline in profits if sales volume declines by 15%?

Answers

The firm that would suffer the greatest decline in profits if sales volume declines by 15% is Mason Company.

The cost of a company is made up of fixed cost and variable cost. Fixed cost is the cost that does not vary with output of the company. It remains fixed no matter the level of output. An example of fixed cost is rent. Variable cost is the cost that varies with output. If output increases, variable cost increases and if output falls, output decreases.

If sales volume decreases, the output of Mason Company would decline more compared with the output of Kelley company because it has a higher fixed cost. So, we when sales reduces, its cost would would not reduce as many as the cost of Kelley company.

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3 reasons for pricing a product

Answers

Answer:

The three reasons for pricing a product are:

Achieving market share.Investments.Supply.

Fixed-income recipients, savers, and creditors are hurt by unanticipated inflation because inflation ______. Multiple choice question. redistributes real income away from them and toward others reduces the burden of debt is indexed redistributes real income towards them and away from others

Answers

Unanticipated inflation usually hurt the creditors, Fixed-income recipients as well as savers simply because:: inflation redistributes real income away from them and toward others

Unanticipated inflation can be regarded as kind of inflation whereby,  people are not aware that there will be inflation, it caught them unaware until  there is general price level increases.

When this happens, alot of people will be left unprotected, especially those lenders that will be paid back with the same amount they Lent out even though there is a reduction in purchasing power.

Therefore, unanticipated inflation usually caught people unaware.

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What are some examples of fees that can be seen on a bank statement?

Answers

Answer:

Monthly service fee.

Overdraft fee.

Non-sufficient funds (NSF) fee.

ATM fee.

Paper statement fee.

Foreign transaction fee.

Account closure fee.

Explanation:

If a firm produces nothing, which of the following costs will be zero?
a. total cost
b. fixed cost
c. opportunity cost
d. variable cost

Answers

D is the answer

Mark me as brainliest pweze

The cost that will be zero if a firm produces nothing is variable cost  because it is a cost that changes with level of output.

What is variable cost?

Variable cost refers to the cost that vary with the level of output. This means that at every activity leve, the variable cost changes with it.

The above means that a constant amount per unit produced is the variable cost of manufacturing which implies that once the output is zero, the variable cost will be zero as well.

Hence, the cost that will be zero if a firm produces nothing is variable cost.

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Webster's Words has a printing press which they are not using at the present time. In fact, they have not used this equipment for two years. The equipment has no market value because it has been customized to their particular operations. They could sell the machine as scrap metal for $1,500 maximum. The press is eight years old and cost $163,000 new. The current book value is $2,100. The company is trying to decide if a new project would be a feasible means of utilizing this equipment. The value of the press that should be included in the project analysis is:

Answers

The value of the press that  Webster's Words should include in the project analysis is $1,500.

The two major considerations in a project analysis are the cost of the project input and the value that the project's output will generate for the entity.

In this scenario, the current book value of the press is not relevant in the project analysis. The scrap value should be considered as it produces a value that can reduce the project's cost and not the committed or sunk cost of the old press.

Data and Calculations:

Maximum scrap value of press = $1,500

Initial cost of the press eight years ago = $163,000

Current book value = $2,100

Relevant value of the press = $1,500 (scrap value)

Thus, the value of the press in the project analysis is $1,500.

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Which of the following represents a parallel multi-instance task?

Many customers watching one movie.
One employee taking an order while another collects payment in a drive-through.
Two baristas working at a Starbucks counter.
One employee taking pizza orders.

Answers

Answer:

One employee taking an order while another collects payment in a drive-through

One employee taking an order while another collecting payment in a drive-through represents a parallel multi-instance task.

The answer is option B.

What is a parallel multi-instance task?

Multi-instance activities are denoted via three parallel strains at the lowest center of the hobby/task image. Its cause is to expose that the activity occurs for a set of items or items.

The variety of instances that the hobby completes is defined with the aid of the number of objects that exist within the collection.

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Which is not a type of payroll deduction?
O A. Retirement account contribution
O B. Clothing expenses
O C. State taxes
D. Health insurance premium

Answers

Answer:
B. Clothing expenses

Answer B. Clothing expenses

Explanation:

P&G
Item
17
English
You were recently hired by the finance department. You have training and experience in finance, but you also have
an advanced degree in communications.
You enjoy both, but would love the opportunity to combine them together
at some point. During this week's team meeting, you hear of a project that you feel is directly applicable to your
unique experience and education. However, your supervisor assigned that project to a coworker and asked you to
work on a more conventional finance task.
What would you do?
Approach your coworker and offer your knowledge and experience. Let them know you are
willing to help them on the project if they wants it.
Approach your supervisor to let them know that you feel your skill set is more suited for the non-
conventional task and you are being underutilized on the finance task.
<
Complete your conventional finance task as quickly and accurately as you can. Then, ask If you
can be assigned to the other project.
Work on the project you were assigned. Recognize that your supervisor is likely trying to
familiarize you with the department by working on the finance task and you should trust their
guidance.
Talk to your supervisor and offer to work on both tasks. You don't mind putting in extra time to
do something you enjoy and you'll provide value to both projects.
Ann

Answers

The best thing to do in this case is to recognize that your supervisor is likely trying to familiarize you with the department by working on the finance task and you should trust their guidance.

It should be noted that in an organization, it's important for one to listen to one's supervisor. Therefore, the person should not approach the supervisor to let him know that his or her skill set is more suited for the non-conventional task.

The opinion of the supervisor should be respected. It's important to recognize that the supervisor wants to familiarize the employee with the department.

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A group of investors was polled each week for the last five weeks about whether they were bullish or bearish concerning the market. Construct the market sentiment index for each week based on these polls. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Week Bulls Bears 1 58 63 2 53 68 3 47 74 4 50 71 5 43 78

Answers

The market sentiment index [MSI] for each week will be 0.5207, 0.5620, 0.6116, 0.5868, and 0.6446

Week 1

Bulls (a) = 58

Bears (b) = 63

c = a + b = 121

MSI = b/c = 0.5207

Week 2

Bulls (a) = 53

Bears (b) = 68

c = a + b = 121

MSI = b/c = 0.5620

Week 3

Bulls (a) = 47

Bears (b) = 74

c = a + b = 121

MSI = b/c = 74/121 = 0.6116

Week 4

Bulls (a) = 50

Bulls (b) = 71

c = a + b = 121

MSI = b/c = 71/121 = 0.5868

Week 5

Bulls (a) = 43

Bears (b) = 78

c = a + b = 121

MSI = b/c = 78/121 = 0.6446

The market segment index measures the ratio that is between the average volume of the declining stocks and that of the advancing stocks.

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1. Which of these approaches is not a way of harnessing open innovation across the internet?
a. Innovation contests
b. Innovation communities
c. Online storage
d. Innovation markets

Answers

AMSWER :

1. C. Online Storage

hope it helps❤

Online storage is not a way of harnessing open innovation across the internet. Option C is the correct answer.

Online storage, such as cloud storage services, provides a means to store and access digital files over the internet. While online storage is useful for sharing and collaborating on files, it does not inherently contribute to open innovation as it focuses on data storage rather than idea generation or collaboration. Option C is the correct answer.

Innovation contests involve soliciting ideas or solutions from a wide range of individuals or groups through an open call for submissions. Innovation communities refer to online platforms or networks where individuals with shared interests and expertise come together to collaborate and exchange ideas. Innovation markets, also known as idea markets or innovation exchanges, are online platforms that enable the buying, selling, or licensing of innovative ideas or intellectual property.

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Demand and supply (economics)

Answers

Answer: B (second option)- The market is in equilibrium.

Explanation:

Not sure if its correct, if its not im sorry, but I got it correct on edg 2021

state the law of demand and explain its assumptions​

Answers

Answer:

The law of demand states that quantity purchased varies inversely with price.

Explanation:

The law of demand states that quantity purchased varies inversely with price.

Answer:

Law of demand explains consumer choice behavior when the price changes.

The law of demand is a fundamental principle of economics that states that at a higher price consumers will demand a lower quantity of a good.

It means while studying the relationship between the price of a commodity and demand for it, the effect of other determinants of demand on it is assumed to be constant

Explanation:

Assumptions:

-The income of the consumer or the buyer does not change

- Price of the goods remain constant

-Tastes, preferences and the fashion of the buyers does not change.

Your Company reported net sales in June of $500,000. At the beginning of June, the company reported beginning inventory of $375,000. Cost of goods purchased during June amounted to $164,500. The company reported ending inventory at the end of June of $210,500. What was the company's gross profit margin for June

Answers

If your Company reported net sales in June of $500,000. Cost of goods purchased during June amounted to $164,500.  The company's gross profit margin for June is : $355,500.

Using this formula

Gross profit margin =Net sales- Cost of goods purchased

Where:

Net sales=$500,000

Cost of goods purchased=$164,500

Let plug in the formula

Gross profit margin=$500,000-$164,500

Gross profit margin=$355,500

Inconclusion if your Company reported net sales in June of $500,000. Cost of goods purchased during June amounted to $164,500.  The company's gross profit margin for June is : $355,500.

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Suppose you know that a company’s stock currently sells for $67 per share and the required return on the stock is 12 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it’s the company’s policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?

Answers

Answer:

the dividend per share is $3.79

Explanation:

Expected return = Dividend yield + Capital gain yield

The total return is evenly divided into the capital gain yield and dividend yield. Hence, the capital gain yield is 6% and dividend yield is 6%.

Quá trình sản xuất mà ở đó người ta sản xuất và xử lý một khối lượng lớn một loại sản phẩm hoặc một nhóm sản phẩm nào đó. Thiết bị được lắp đặt theo dây chuyền sản xuất làm cho dòng di chuyển của sản phẩm có tính chất thẳng dòng.

Answers

Answer:

uhhh....... ........ English

Answer:

English please?

Explanation:

i dont understand ur language-

Which financing is also known as “risk capital”?
A.
mezzanine loans
B.
subordinate debts
C.
equity capital
D.
senior debts
E.
bonds

Answers

the answer is C: equity capital

time in line to buy groceries

Answers

Maybe like 10 minutes

Convert 5/8 to Decimal

Answers

Answer:

0.625

Explanation:

Answer:

0.625

Explanation:

use calculator!

In people focus primarily on individual rights, roles, and achievements

Answers

Answer: individual

Explanation:

The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations. Each would have the same labor and materials costs (food, serving containers, napkins, etc.) of $1.80 per sandwich. Sandwiches sell for $2.50 each in all locations. Rent and equipment costs would be $5,040 per month for location A, $5,560 per month for location B, and $5,730 per month for location C.

Required:
a. Determine the volume necessary at each location to realize a monthly profit of $10,500.
b. If expected sales at A, B, and C are 20,800 per month, 22,000 per month, and 22,800 per month, respectively, calculate the profit of each location.
c. Which location would yield the greatest profits?

Answers

Answer:

The selling price per unit (sandwich) is $2.50

The variable cost per unit (sandwich) is $1.80

Contribution margin per unit = Selling price per unit - Variable cost per unit

=$2.50 - $1.80

=$0.70

Target sales volume to achieved at location A

The fixed cost is $5,040 per month

The target profit is $10,500 per month

TargetSales=Fixedcosts+TargetprofitContributionmarginperunitTargetSales=Fixedcosts+TargetprofitContributionmarginperunit

TargetSales=5,040+10,5000.70TargetSales=5,040+10,5000.70

TargetSales=22,200unitsTargetSales=22,200units

The company needs to sell 22,200 units at location A to achieve target profit of $10,500

Target sales volume to achieved at location B

The fixed cost is $5,560 per month

The target profit is $10,500 per month

TargetSales=Fixedcosts+TargetprofitContributionmarginperunitTargetSales=Fixedcosts+TargetprofitContributionmarginperunit

TargetSales=5,560+10,5000.70TargetSales=5,560+10,5000.70

TargetSales=22,943unitsTargetSales=22,943units

The company needs to sell 22,943 units at location B to achieve target profit of $10,500

Target sales volume to achieved at location C

The fixed cost is $5,730 per month

The target profit is $10,500 per month

TargetSales=Fixedcosts+Target

Explanation:

only i can do sorry

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mad cow disease serves as an example of how interdependent ________ and ________ are to protein. Which of the following is a way that minerals are used?a industryb. constructionc. technologyd. all of the abovePlease select the best answer from the choices provided OBOD These types of consumer relationships can affect the size of prey and plant populations in a community and determine the places these prey and plant species live. For example, certain plants only grow in steep hillside in a habitat because they are eaten near the stream in the valley, or deer live in the forest to better hide from wolves in the open fields. a. Parasitism and Commensalism b. Mutualism and Herbivory c. Predation and Parasitism d. Predation and Herbivory Someone pls help me I will make you you brain Arrange the following in descending order: 1/5,3/7,7/10 Are you looking forward to_________ toLondon?B. goingC. go i met blank boy in the morning . blank boy was very honest use the correct articles Find x and y please!! Im desperate!!! Choose the best summary of this statement: "Whats in a name? That which we call a rose by any other name would smell as sweet. " What is 4 times 1 6/7. Write in the simplest form Sliding is typically performed in a lateral manor. True False What is most closely the central idea of the passage below (paragraph 5)The ancient and classical worlds were global places. In the mid 300s BCE., Alexander the Great expanded Greek influence as far east as India and Persia. At its height, the Roman empire included Britain, most of Europe, North Africa, and the Middle East. Each empire included people who spoke different languages and practiced different customs and religions. As a result, many texts from different regions of the world during this period have surprisingly similar themes and structures. The parables of Jesus, like the fables of the Greek writer Aesop, were simple tales with clear morals or lessons for listeners. The epics of Greece, Rome, and India all featured gods and goddesses intermingling with the human heroes, important battles, and a focus on the pursuit of ideals. Even though Greco-Roman and Indian epics like the Odyssey and the Rmyana were written in completely different places, they both take place in a mythological past and involve gods populating the human earth. They describe the journeys of heroes who face battle, turmoil, and the prospect of victory. These themes can be seen in the Battle at Lanka, which portrays an important battle featured in the Rmyana.Answer choices for the above questionA. The passage explains why ancient India is more similar to ancient Greece than people realize.B. The passage suggests that ancient Indian writers plagiarized Homers Odyssey.C. The passage describes how ancient Greece came to colonize India and Persia.D. The passage explains the global, interconnected reality of the ancient and classical worlds. For the simple linear equation below, what is the y-coordinate of the ordered pair when the x-coordinate is 5?y=7xEnter your answer in the box.(-5, ) what goes after 5 Lc 7h sng mt xe xut pht t Bnh Minh ra siu th Metro H ng cch nhau 9,6km. Trn on ng t Bnh Minh n ng ba Ba La cch nhau 7,2km xe i vi vn tc 10m/s. Trn on ng t ng ba Ba La n Metro xe i mt 3,2 pht.a. Xc nh thi gian xe i n siu th ? thi im xe i n siu th ?b. Tnh vn tc trung bnh ca xe trn c qung ng t Bnh Minh n siu th Metro H ng ? the measure of the first angle is 40 degrees less than the measure of the second? need explanation. HELP Your cousins birthday is this weekend. You want to buy a CD that costs $12.99 and a birthday card that costs $2.50. You have saved $25. Write an inequality to find the most money you have for other spending. 9.l ............... una tarta de chocolate anoche.a.hizob.haciendoc.hace HELP! its my last question giving brainliest!Describe how Stalin used the Totalitarian governments. how to use intersection in the real world. -5x + 13 = -17 two step equation