A company's financial records at the end of the year included the following amounts:Cash$70,000Accounts Receivable28,000Supplies4,000Accounts Payable10,000Notes Payable5,000Retained Earnings, beginning of year17,000Common Stock40,000Service Revenue53,000Wages Expense8,000Advertising Expense5,000Rent Expense10,000?What is the amount of total stockholders' equity that would be reported on the Balance Sheet at the end of the year?
A. $102,000
B. $57,000
C. $30,000
D. $87,000
Answer: D
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Which of the following statements is a key advantage of direct investments?
A. The retailer is exempted from trade taxes. B. The retailer is at freedom to choose which nation's law they adhere to. C. The retailer has complete control of the operations. D. A loss is borne equally by all involved parties. E. The retailer is exempted from local trade laws.
Approximately what percentage of patent applications are approved:
a. 10% b. 20% c. 85% d. 100% e. none of the other choices are correct
The DBA function provides data modeling and design services to the end-user community, often through coordination with an application development group within the data-processing department
a. True b. False Indicate whether the statement is true or false
The health insurance premium assistance credit is designed to help lower and middle income taxpayers who purchase their own health insurance directly from an insurance company or through a state or federal exchange.
Answer the following statement true (T) or false (F)