Lewis company has $25,000 in retained earnings, $40,000 in assets, and $11,000 in liabilities. how much is in common stock?

Answers

Answer 1
BASIC FORMULAE IS ASSETS -(LIABILITIES +COMMON STOCK)=RETAINED EARNINGS SO, BY SUBSTITUTION 40000-(11000+COMMON STOCK)=25000 THUS COMMON STOCK 4000
Answer 2

Final answer:

The amount in common stock for Lewis Company is calculated using the accounting equation. By subtracting liabilities and retained earnings from total assets ($40,000 - ($11,000 + $25,000)) we find that the common stock value is $4,000.

Explanation:

To determine the amount in common stock for Lewis Company, we should use the basic accounting equation:

Assets = Liabilities + Owners' Equity.

In this case, the owners' equity includes both retained earnings and common stock. Given the following:

Retained Earnings: $25,000

Assets: $40,000

Liabilities: $11,000

We can calculate common stock by rearranging the equation:

Common Stock = Assets - (Liabilities + Retained Earnings)

Common Stock = $40,000 - ($11,000 + $25,000) = $4,000.

Thus, the amount in common stock is $4,000.


Related Questions

_____ takes the position that because conformity cannot be taken for granted, nonconformity is to be expected when social regulations are less than completely effective.

Answers

CONTROL THEORY takes the position that because conformity cannot be taken for granted, nonconformity is to be expected when social regulations are less than completely effective

A large percentage of the population in ethiopia and afghanistan make insufficient money to afford food and other necessities of life. in view of this, which phrase best describes these people in ethiopia and afghanistan?

Answers

This is absolute poverty. This is the state of being where the daily needs of a person or family are not being met, even after completing a day's work. This is in relation to relative poverty, which is based on the standards of living in a certain country. Absolute poverty is the standard at which anyone in any part of the world would be unable to meet their basic food and housing needs.

What are six disadvantages of self-employment?

Answers

Being self-employed for the past 15+ years I can tell you that there are many disadvantages of self-employment. My top six would be:

1. I pay more taxes
2. My pay is never the same (I have good months and bad months)
3. I tend to over-work (I work an average of 70+ hours a week.
4. There are no benefits (medical, dental, etc.)
5. I do not get paid if I take off (sick or vacation)
6. There are many distractions in my home that makes working difficult sometimes (personal call, my pets, Grandchildren, etc.) 

I hope this helps. if you have any questions, please don't hesitate to ask.

Take care,
Diana

A company that manufacturers frozen food items is employing the shaping process to get consumers to try its products the free samples offered by the company along with discount coupons have been received well by the consumers the next step in shaping process is to

Answers

Largely advertise. Invest in commercials, spokespersons, run sales such as bogo.

Southeast asian countries export a large portion of their palm oil production, sending much of it to which areas?

Answers

Final answer:

Southeast Asian countries export a large portion of their palm oil to high-demand regions like India, China, and the European Union. The industry has significant environmental implications due to the effect of plantations on biodiversity. Malaysia's strategic location has made it a key player in palm oil exports.

Explanation:

Southeast Asian countries, particularly leading producers such as Malaysia and Indonesia, export a significant portion of their palm oil production. Much of this palm oil is exported to areas with high demand for vegetable oil and biofuels, which includes countries such as India, China, and members of the European Union. These regions rely on Southeast Asian palm oil for its versatile use in the food industry and its renewable potential as a biofuel, despite environmental concerns over the expansion of oil palm plantations.

Malaysia has especially optimized its export capability by capitalizing on its strategic location along major shipping routes, thus becoming a leader in palm oil exportation. This has been a part of the country's broader shift to manufacturing and the development of its agricultural and extractive sectors that began in the 1980s and 1990s.

The global demand for palm oil continues to drive the expansion of oil palm plantations in Southeast Asia, which in turn has significant implications for biodiversity due to the replacement of native forest habitats, as seen in places like Sabah province in Borneo, Malaysia.

______________ of leaders include​ gathering, analyzing, and communicating various materials for the company both internally and externally.

Answers

The answer to this question is Informational roles
Informational roles refers to the role to collect, analyze, and distribute all information that is essential/necessary for the company to achieve its goal.
This role is really important to ensure that company will be able to make every necessary precaution for potential threat/problems when it's tyring to accomplish its goal

When doing business in russia, it is not appropriate to look directly into the eyes of your russian hosts?

Answers

I am half russian and  it is a normal thing to do. My uncle is a businessmen and it is a common thing to do in russia.

Which kind of unemployment would be easiest to tolerate?

Answers

Frictional unemployment, because it does not last longer than the other types of unemployment. Give a thanks. ♥☺

Final answer:

There are three types of unemployment: cyclical, frictional, and structural. Cyclical unemployment occurs during economic downturns, frictional unemployment involves people searching for new jobs, and structural unemployment is caused by a mismatch between skills and job opportunities. The desirability of each type depends on the context.

Explanation:

There are different types of unemployment, each with its own characteristics and impact. The three main types of unemployment are cyclical, frictional, and structural unemployment.

Cyclical unemployment: This type of unemployment is caused by downturns in the business cycle, such as recessions. It is temporary and occurs when there is a lack of demand for goods and services, leading to layoffs. For example, the landscapers and coal miners laid off during a recession experience cyclical unemployment.

Frictional unemployment: Frictional unemployment occurs when people are in-between jobs or searching for new job opportunities. It is temporary and can happen even in a healthy economy. An example of frictional unemployment is the financial analyst who quits their job in Chicago and is pursuing similar work in Arizona.

Structural unemployment: Structural unemployment is caused by a mismatch between the skills and qualifications of workers and the available job opportunities. It is usually long-term and can occur due to technological advancements or changes in the structure of the economy. The printers laid off due to the shift to online advertising and the factory workers laid off as plants move to other countries experience structural unemployment.

The desirability or undesirability of each type of unemployment depends on the context and perspective. Cyclical unemployment is generally considered undesirable as it reflects a downturn in the economy. Frictional unemployment is seen as a normal part of the job market and can be seen as a positive sign of workers searching for better opportunities. Structural unemployment can be undesirable as it often leads to long-term job loss and requires policy interventions to address.

Why do economists study the money supply? Be sure to mention liquidity in your response.

Answers

The money supply is the total amount of money available in an economy at any given time. It's important to study this supply so that we can understand how accessible money is in our system. Because money can exist in different forms and in different kinds of accounts, it can be more or less liquid.
Economists measure the money supply because it's directly connected to the activity of taking place all around us in the economy world.the M1 is the narrowest definition of money. M1 consists of coins and currency, checking accounts and traveler's checks.

Nominal gdp is: question 31 options:
a.the inflation-adjusted gdp.
b.the constant-dollar gdp.
c.the real gdp minus depreciation.
d.the current-dollar gdp.

Answers

the answer is probably d. the current-dollar gdp

Which term identifies the occurrence of the system denying access to someone who is actually authorized?

Answers

False negative is the term identifies the occurrence of the system denying access to someone who is actually authorized. It is the inability of a network device to detect real security events under circumstances.  Therefore, not detecting or alerted by any malicious activities. 

What is the maximum fine imposed for a first offense for a minor who has purchased alcoholic beverages?

Answers

The maximum penalties for first-time offenders are $500 in many states for a first offence for a minor who has purchased alcoholic beverages.

What is alcoholic beverages?

A variety of drinks with varying alcohol contents fall under the category of alcoholic beverages. Among the alcoholic beverages that are produced on a wide scale are beer, wine, China rice wine, and distilled spirits such brandy, whiskey, rum, gin, cognac, vodka, tequila, and China distilled spirit.

The demand for alcoholic beverages such as brandy, whiskies, rum, gin, and other gins, as well as wine, white wine, other grape-based wines, and other alcoholic beverages has increased on a global scale. India is the third-largest market for alcoholic beverages worldwide.

Alcohol poisoning and intoxication are more likely to occur more quickly and at lower dosages in alcoholic beverages that contain more alcohol than others.

Thus, The maximum penalties for first-time offenders are $500.

For more details about alcoholic beverages, click here:

https://brainly.com/question/13312921

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____ contracts reduce the risk of incurring higher costs than expected.

Answers

Insurance is the right answer. When there is a risk of incurring in higher cost than cannot be controlled, an insurance could compensate this hypothetical costs in exchange of paying a premium, the fixed amount of money payed to the insurer.

A project has an initial cost of $6,500. the cash inflows are $900, $2,200, $3,600, and $4,100 over the next four years, respectively. what is the payback period?

Answers

Pay Back Period is a capital budgeting technique which shows the period at which the initial investment is returned in a project.

Payback Period = A + (B ÷ C)

In the above formula,

A is the last period with a negative cumulative cash flow = 2 Years;

B is the absolute value of cumulative cash flow at the end of the period A = $3,400;

C is the total cash flow during the period after A = $3,600

Payback period = 2 + ( $3,400 ÷ $3,600)

= 2 + 0.9444

= 2.944 years

Therefore, the payback period is 2.944 years.

*Note: The image attach shows the calculation of Cumulative cash flows)

Suppose that a country's annual growth rates over a 10-year period are as follows: year growth rate 1 5% 2 3 3 4 4 – 1 5 – 2 6 2 7 3 8 4 9 6 10 3 instructions: in part a, round your answer to 1 decimal place. in part b, enter your answers as whole numbers.
a. what was the country's trend rate of growth over this period?
b. which set of years most clearly demonstrates an expansionary phase of the business cycle?

Answers

Final answer:

The country's trend rate of growth over the 10-year period is 2.7%. Years 8 and 9 most clearly show an expansionary phase in the business cycle, with significant growth from 4% to 6%, indicating a phase of rapid growth.

Explanation:

To calculate the country's trend rate of growth over this period, we can find the average of the annual growth rates provided. Summing these rates: 5% + 3% + 4% + (-1%) + (-2%) + 2% + 3% + 4% + 6% + 3% gives us a total of 27%. Dividing by 10 years, we get an average annual growth rate of 2.7%. Hence, the country's trend rate of growth over this 10-year period, rounded to one decimal place, is 2.7%.

Considering the business cycle's pattern of expansion and contraction, the set of years that most clearly demonstrates an expansionary phase of the business cycle would be a consecutive period where growth rates are consistently increasing. Here, we see that from year 8 to year 9, there is a jump from 4% to 6%. Hence, years 8 and 9 represent an expansionary phase, though considering broader trends, the data from year 6 through year 10 could also be indicative of expansion.

You have been the assistant manager at a small deli for the past three years, and you have made friends with many of the customers. You are thinking about opening up your own deli, and there is a great space just around the corner from your current job. You think many of the customers you have befriended will follow you to your new business. Is it fair to open a shop in competition with your current employer? Why or why not?

Answers

If you financially able to open a deli and it is your passion then you should be able to open one. You might get the feeling that your old employer doesn't approve of what you did, but that is because you are now a competition. You might have some customers who won't want to switch to a new place but most of them probably would be okay with. 

Answer:

If you financially able to open a deli and it is your passion then you should be able to open one. You might get the feeling that your old employer doesn't approve of what you did, but that is because you are now a competition. You might have some customers who won't want to switch to a new place but most of them probably would be okay with.

Explanation:

correct on edge 2022

If herman were to not hire jake, what would jake have to show to win an age discrimination in employment act (adea) case

Answers

Generally, to prevail on an ADEA claim, an employee or applicant must show that: (1) he or she is 40 years old or older, (2) he or she was adversely affected by an employment action, and (3) the employer took such action because of the employee or applicant's age. To show an adverse effect, the employee or applicant must show an actual employment action. Being sworn at, for example, is not a sufficient employment action. Furthermore, although an employee or applicant need not show that age was the only factor that caused the adverse employment action, he or she must show that it was a contributing cause. As with Title VII and other discrimination actions, ADEA claims may be divided into two general types: disparate treatment and disparate impact. Disparate treatment claims are those that stem from employment decisions which, on their face, were discriminatory. For example, if an applicant seeks to show that he was not hired by an employer because he was over 40 years old, he is asserting a disparate treatment claim. Disparate impact claims, on the other hand, involve facially neutral policies that have the effect of discriminating against older workers. If an employer seeks to show that a test given to workers to determine their eligibility for promotion disproportionately excluded more older workers, she is asserting a disparate impact claim. Some courts have recognized disparate impact claims in the context of ADEA actions, but others have not. The United States Supreme Court has yet to determine whether such claims should be allowed.

Two lawyers are arguing against each other in court. the first, ms. smith, tries to persuade the jury with logical, relevant arguments. the second, mr. henderson, tries to persuade the jury by looking attractive and wearing an expensive suit. ms. smith is trying to use the __________ route to persuasion, while mr. henderson is trying to use the __________ route.

Answers

Final answer:

Ms. Smith is using the central route to persuasion while Mr. Henderson is using the peripheral route.

Explanation:

The first lawyer, Ms. Smith, is using the central route to persuasion by presenting logical and relevant arguments to persuade the jury. The central route relies on using data and facts to convince people of an argument's worthiness. On the other hand, Mr. Henderson is using the peripheral route to persuasion by trying to persuade the jury through superficial factors such as his appearance and expensive suit. This route focuses on non-logical factors to influence people's attitudes and behaviors.

__________ protect equipment from too much current by tripping a switch that breaks the circuit, stopping the flow of electricity. A. Amp B. Circuit Breaker C. Fuse

Answers

B. Circuit Breaker not sure if i am right or not

Circuit Breakers protect equipment by automatically opening the circuit if too much current flows through, which can be reset unlike a fuse that must be replaced after melting due to excessive current.

Circuit Breakers protect equipment from too much current by tripping a switch that breaks the circuit, stopping the flow of electricity. Unlike an amp, which is a unit of electric current, or a fuse, which is a one-time use safety device, a circuit breaker can be reset. Circuit breakers are rated for a maximum current, and they open automatically to protect the circuit.

A fuse consists of a piece of wire with a low melting point inserted in a circuit. If the current exceeds a certain level, the wire melts, opening the circuit to prevent damage or fire. Circuit breakers provide a similar protection but are more convenient because they can be easily reset after tripping.

One characteristic that is important to consider in social network theory is reciprocity of relationships

Answers

The answer to this statement is true. It is because reciprocity is one of the characteristics that are needed to be considered in social network theory. The other characteristics that are also needed to be considered are the following; density, formality, complexity, homogeneity, intensity and geographic dispersion.

Mike and tom debone chicken breasts for ted's chicken co. mike is new and can only debone 30 chicken breasts per hour by hand, while tom's experience allows him to debone 60 chicken breasts per hour by hand. ted buys one new machine that can debone 100 chicken breasts per hour. both mike and tom work the same 40 hours per week, but one of them is assigned to operate the machine instead of deboning the chicken breasts by hand. to obtain maximum average hourly productivity, ______ is assigned to use the machine and their combined average hourly productivity as a team is ______ chicken breasts

Answers

Mike is assigned to the machine as he is the least efficient producer. After getting the machine, the team debones 160 chicken breasts per hour (Mike deboned 100 and Tom deboned 60), average hourly productivity=80

The legal documents that identify the basic agreements between partners are called:

Answers

articles of partnership

which one of the following. in addition to disciplinary program and drug-test, can employers misuse as a form of retaliation against an employee for reporting a workplace injury or illness?

Answers

Employers can't demote, discharge, or deny a bonus or other benefit to an employee for reporting a workplace injury or illness. Employers also can't demean or embarrass the employee (like making them wear an orange vest for a week) for reporting the injury or illness
The policy laid down by the occupational safety and health administration does not ban appropriate disciplinary, INCENTIVE or drug testing programs.
Employers can misuse INCENTIVE as a form of retaliation against an employee for reporting a work place injury.
Incentive programs are programs that encourage safe work practices and promote workers' participation in safety related activities. It is a crime for an employer to use incentive program in a way that penalize a worker for reporting work related injuries.

What are ethics? how would they apply to business and technology?

Answers

Ethics are personal codes you live by, such as you won't discriminate against someone by means of age, sex or race. They would imply in a business environment and the tech field as. being the owner of a company you want your employees to share your same ethic code, what you expect of them to not lie, steal or cheat. Etc.  

Samuel applied for a loan to purchase a new car. his application was denied. what should he do now?

Answers

In a situation in which Samuel's application for a loan to purchase a new car was denied, he can do several things:
1. Ask why he was denied. What thing lead to this situation?
2. If he made a mistake in the application, he should correct it.
3. And if not , for example if the denial is due to poor credit report, Samuel should get a free copy of his report from any of three major credit reporting agencies and get a second opinion.
4. And finally if this also does not work he should apply for a new loan.

A sailboat cost $35000. you pay 20% down and amortize the rest with equal monthly payments over a 12 year period. if you must pay 8.75% compounded monthly. what is your monthly payment

Answers

Total cost = $35,000
Down payment = 20% of $35,000 = $7,000

P = 35,000 - $7,000 = $28,000, the amount of the loan.
r = 8.75% = 0.0875, the interest rate
n = 12, compoundings per year
t = 12, the nmber of years

Note that
1 + r/n = 1.007292
nt = 144
The value of the loan is
A = P*1.007292¹⁴⁴ = $79,709.99

Monthly payment = $79,709.99/144 = $553.54

Answer: $553.54


Gross domestic product
a. does not include transfer payments or financial transactions.
b. only includes​ "final" goods and services to avoid double counting.
c. does not include the transfer of​ second-hand goods.
d. all of the above.

Answers

Gross Domestic Product (GDP) of a country is the total market value of all the finished products in that country. It is calculated on an annual basis but can be calculated on quarterly basis also. It acts as an indicator of the growth of economy of a country.
GDP includes only final goods and services. It does not include the second hand products, transfer payments and financial transactions.

Answer: (d) ALL OF THE ABOVE

A project will produce cash inflows of $2,800 per year for 4 years with a final cash flow of $5,700 in year 5. the project's initial cost is $9,500. what is the net present value of this project if the required rate of return is 15 percent?

Answers

Net Present Value is equal to the Present Value of the future cash flows - Initial Investment. The Present Value of the cash flows is discounted at an interest rate 15% (in the above question).

Present Value of the cash Flows = Cash flow in Year 1 ÷ (1 + r ) ^n

where r = 15%

n = number of years.

The Net Present Value is $1,328

The recommended model to estimate the cost of common equity for a firm is

Answers

The recommended model to estimate the cost is the CAPM.

Producer surplus is represented by the area ________ the supply curve and ________ the price.

Answers

Producer surplus is an economic measure of the change between the quantity a producer of a good obtains and the least amount the producer is eager to receive for the good. The change, or surplus amount, is the profit the producer obtains for selling the good in the market. This is found above the supply curve and below price.
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