Midyear on july 31st, the baldwin corporation's balance sheet reported: total assets of $166.859 million total common stock of $5.080 million cash of $8.040 million retained earnings of $36.411 million. what were the baldwin corporation's total liabilities?

Answers

Answer 1
In the balance sheet, in order to account for the money or amounts that go to an fro in the sheet, we use the equation,
              NW = As - Li
where NW is the networth, As is the asset, and Li is liabilities.

From the given above, the total asset (As) is given to be $166.859M. The net worth is equal to the sum of the common stock, cash, and retained earnings.
             Networth = ($5.080 M) + ($8.040 M) + ($36.411 M)
            Networth = $49.531

The the equation above, we may derive the equation for liability by transposing,
                Li = Asset - Networth
                Li = ($166.859 M) - ($49.531 M)
                Li = $117.328

Hence, the total liability is equal to $117.328. 

Related Questions

Kellogg recently dropped olympic swimmer michael phelps as a celebrity endorser. kellogg's decision was based on ___________.

Answers

Negative behaviour involving the celebrity.
Final answer:

Kellogg's decision to drop Michael Phelps was influenced by post-scandal public perception, reflecting the importance of aligning endorsements with corporate values and audience expectations.

Explanation:

Kellogg's decision to drop Olympic swimmer Michael Phelps as a celebrity endorser was largely influenced by the principle that advertisers quickly cancel contracts with famous athletes following a scandal. In such situations, the athlete is no longer associated with positive feelings, making them unfit to serve as an unconditioned stimulus to condition the public to associate their product with a positive response.

This decision reflects the broader context of professional communication and the consequences of failing to account for bias and public perception. It also points towards a shift in corporate responsibility and the importance of aligning celebrity endorsements with the company's values and the expectations of its audience.

In wayne dennis's study of infants in iranian orphanages, only 15 percent of the orphans were walking alone by 3 to 4 years of age because

Answers

The answer to the question above is this: they spent their days lying on their backs in cribs. Wayne Dennis has studied infants in Iranian orphanages. The infants in these orphanages were more on left lying on their backs on their cribs and this results in the delay of their physical development such as walking and other physical activities. This made the children in the orphanages walk at the age of 3 to 4 instead of 1 year old or earlier.

What is the current yield for a $1,000 corporate bond that pays 7.5 percent and has a current market value of $950?

Answers

The yield for a $1000 corporate bond that has a present market value of $950 at 7.5 % would be $950 x 0.075= $71.25 or its' total value would become $1021.25 as it would have to be based on the present market value.

Suppose that hca and tenet were to merge. ignoring potential antitrust problems, this merger would be classified as a:

Answers

The appropriate response is a Horizontal merger. An even merger is a merger or business union that happens between firms that work in a similar space, as rivalry has a tendency to be higher and the cooperative energies and potential picks up in piece of the pie are considerably more prominent for consolidating firms in such an industry.

Licensee jake found a buyer for seller norm's house within three days of taking the listing. seller norm has now refused to sell. how does this impact licensee jake's compensation?

Answers

The compensation of Licensee Jake would depend upon their agreement. If they have agreed that the work of Jake would be up to the finding of buyer only, then he should be compensated by Norm with the agreed amount even if he refuses to sell the house. But if the agreement is that Jake would receive compensation if the house will be sold, he cannot compel norm to give him compensation.

what is a major drawback of sole proprietorship?

Answers

Final answer:

The major drawback of a sole proprietorship is the unlimited personal liability involved. The owner is personally responsible for all debts and obligations related to the business. In case the business fails or faces legal issues, the owner's personal assets could be at risk.

Explanation:

In terms of business models, sole proprietorship can present some particular challenges. One major drawback is the unlimited personal liability involved. In a sole proprietorship, there is no legal differentiation between the owner and the business. Therefore, the owner is personally responsible for all debts and obligations related to the business. In case the business fails or faces legal issues, the owner's personal assets (such as home, savings, and car) could be at risk to cover the business' debts and lawsuits. This level of risk associated with a sole proprietorship is significantly higher than other business structures, such as corporations or limited liability companies (LLCs), where business and personal assets are legally separated.

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Final answer:

The major drawback of a sole proprietorship is unlimited liability and competition. The owner's personal assets can be used to cover business debts, and competition may reduce profits possibly leading to business closure. Also, it has fewer funding alternatives.

Explanation:

A major drawback of a sole proprietorship is the owner's unlimited liability. This means that if the business incurs debts or is sued, the owner's personal assets, such as their home and savings, can be used to settle the business's obligations. Another significant drawback is the competition from firms with better or cheaper products which can reduce a sole proprietorship's profits and, in the worst-case scenario, may drive it out of business.

Further, unlike corporations or limited companies, sole proprietors do not have the same ability to raise capital, as they cannot issue shares or bonds. This lack of funding alternatives can limit the growth and expansion of the business. Similarly, in a sole proprietorship, employees potentially face the risk of losing their income or even their jobs if the business fails.

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A(n) ____ is a network designed to service an urban area, typically a city or county.

Answers

A metropolitan area network is a network designed to service an urban area, typically a city or county. It is a network that would interconnect the users with resources in a certain area that is larger than the area covered by a LAN and smaller than the WAN. Metropolitan area network are formed  from the connection of multiple local area networks.

Gage buys from fishing guide corporation the exclusive right to sell fishing guide rods and reels in a certain area. their franchise agree­ment requires gage to pay certain administrative expenses. their agreement may also require gage to pay a percentage of the franchisor’s?

Answers

The answer is advertising costs. Advertising fee implies a periodical expense paid by the franchisee to the franchisor for the use caused in corporate promoting. Corporate publicizing costs incorporate promoting and other showcasing programs for the diversified business. 
A class incorporated into money related bookkeeping to speak to costs related to advancing an industry, substance, mark, item name, or particular items or administrations keeping in mind the end goal to animate a want to purchase the element's items or administrations.

Assuming the temptations to corruption are prevalent in all communities, individual officers are more likely to succumb if

Answers

Assuming the temptations to corruption are prevalent in all communities, individual officers are more likely to succumb if: 
1. Individual officers work exposes them to many opportunities to be corrupt
2. Their work requires low visibility and so the things they do are sometimes not seen in the public
3. the impact of their work on officer attitudes may also indirectly help to the corruption

Overall, they may abuse their authority as guardians of the society for personal gain.

Final answer:

Individual officers are more likely to succumb to corruption in environments where poverty, social disorganization, and cultural tolerance for such behavior are prevalent. A political culture that values personal gain or tradition over public service can further exacerbate this issue. Strengthening community ties and ethical standards is essential in combating corruption.

Explanation:

Individual officers are more likely to succumb to corruption if the social conditions around them are conducive to such behaviour. This can include factors such as poverty, social disorganization, the lack of moral and ethical frameworks within the community, and a culture of tolerance towards corrupt practices.

When communities exhibit a high level of collective failings — including a lack of opportunities, physical and moral pressures, and prevailing attitudes that diminish the nobility of public service — the check on individual behavior is weakened.

A political culture that is individualistic or traditionalistic may also contribute to a tolerance of corruption. In such environments, the value placed on public service is low, and the drive for personal gain or the adherence to traditional hierarchies may overshadow ethical considerations.

Conversely, a moralistic political culture could help foster a sense of duty and integrity among officers, reducing the likelihood of succumbing to corruption.

Furthermore, as depicted in the prisoner's dilemma scenario, trust and familiarity between 'suspects' can lead to cooperative behavior, even in contexts that may involve corrupt practices.

To combat these challenges, it is crucial to cultivate a culture of transparency, accountability, and community-oriented policing, which in turn increases the influence of the more 'cognizant individuals' to sway the collective towards ethical behavior.

Overall, what was the primary cause of the Great Recession?

Answers

Overall, the primary cause of the the great recession was demand shocks. The global recession which occur in 2008 was caused by a number of factors which worked together to bring about a downturn in the global economy. The principal cause of the great recession was the demand shock which is a sudden event that makes demand to either increase or decrease. In the case of great recession there was sudden decrease in demand for goods and services.

Which factors affect your choice between claiming itemized deductions and the standard deduction?

Answers

The factors which affect one's choice between claiming itemized or standard deductions include the following: home ownership, ease and simplicity of filling the necessary forms, all through the year record keeping in order to accurately document itemized deductions and planned bunching of deductions. Most people itemize the deductions they can claim and if it makes their tax payments less than the standard payment, then they opt for the itemized deduction.

________ provides new employees with the basic background information required to perform their jobs satisfactorily.

Answers

Employee orientation gives wide information about the specific job qualities and work structure of that particular job position.This might be useful tool for new employees who join the concern to take up their jobs effectively and efficiently on day to day basis.

I am trying to come up with good business name and I have many ideas on how to name the company?
Does it has to have a short name ( like Squishy, etc) that is very short and easy to spell but it is not related to business, OR have a longer name with a keyword included ( like Spongeify, etc)?

Answers

If you had a short name with no meaning, it would probably confuse people. If you have a name that is a longer name, and which is related to the company, it would help out a lot. Try to think about a name that is short and meaningful!
Final answer:

Choosing a business name depends on what you value more - uniqueness and memorability or explicit description of your offerings. A short name might stand out and be easily recalled, while a longer name with keywords can make your business and its services clearer. Consider your target audience and brand strategy when choosing.

Explanation:

When choosing a name for your business, there are various aspects to consider. It does not necessarily need to be a short name. It could be a longer name with included keywords if it helps convey what your business does. That being said, a short, catchy name can be beneficial as it is easier to remember. It's important that the name resonates with your target audience and conveys the appropriate message about your brand.

Considering the examples you provided, ('Squishy' vs. 'Spongeify'), a name like 'Squishy' might be preferred if you want an easily memorable and unique name that is likely to stand out. On the other hand, a name like 'Spongeify' could be favored if you feel it better communicates the nature of your business or its products/services in a more explicit way.

Ultimately, the decision would depend on what you value more for your brand– uniqueness and ease of recall or a direct link to your product/service offerings. Remember, the name is a big part of your brand and will play a role in people's perception of your business. Make sure it's a fit for your market strategy and desired brand positioning.

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Test and evaluation (t&e) is important to decision makers because it:

Answers

In decision making, you weigh out the options based on their pros and cons. Theorizing the possible consequences is one thing. But it is best to test these options. For example, when businesses innovate new products, they do testing by providing free food samples to the consumers. In return, they ask for their honest feedbacks. These feedbacks are then evaluated by the team. If they think that the new product has a potential to increase their profit, then they would officially launch it. If not, they would move on to the next option and test it again.

______ is a situation in which the economy produces more goods and services than it did the year before.

A. Economic Productivity
B. Economic Growth
C. Recession
D. Trough


Answers

I would go with b but I'm not sure

Answer: B

Explanation: B) Economic growth is when the economy produces more goods and services than it did the year before. Economic growth is typically measured in terms of the gross domestic product (GDP), the total value of all goods and services produced in a country in a given year. Economic growth can be driven by increased investment, productivity gains, technological advancements, and increased consumer spending. While economic growth can provide benefits such as increased employment, higher incomes, and improved standard of living, it can also have negative consequences such as increased inequality, environmental degradation, and resource depletion if it is not sustainable and well-managed.

A corporation issued 5,400 shares of $10 par value common stock in exchange for some land with a market value of $78,000. the entry to record this exchange is:

Answers

To record this transaction, the journal entry is

Debit:
Land $78000 

Credit
Common Stock $54,000
Paid in Capital in Excess Par Value Common Stock $24,000

The paid in capital means that is the excess received from the shareholders over the par value (or the stated value) of the stocks issued.
Final answer:

To record the issuance of 5,400 shares for land, debit Land for $78,000, credit Common Stock for $54,000, and credit Additional Paid-In Capital for $24,000.

Explanation:

The question involves a corporate transaction where a company is issuing common stock in exchange for land. In accounting, such a transaction requires journal entries that reflect the exchange of assets. Given that 5,400 shares of stock with a $10 par value each are issued for land valued at $78,000, the entry on the corporation's books would be to debit (increase) the Land account for $78,000, and credit (increase) the Common Stock account for the par value of the shares, which is 5,400 shares times $10 per share, totaling $54,000. The difference between the land's market value and the par value of the shares, which is $78,000 - $54,000 = $24,000, is recognized in the Additional Paid-In Capital account to balance the transaction. Therefore, the journal entry would be:

Debit Land $78,000Credit Common Stock $54,000Credit Additional Paid-In Capital $24,000

How does business practices affect the spending habit and budgeting practices?

Answers

Business practices, such as pricing strategies can have a significant impact on budgeting practices. When businesses raise prices it leaves less money in the budget for other things.
Especially if they raises the price for the products that included as our primary needs, such as foods. People's spending for food usually do not change no matter how much the price fluctuates

How does McDonald's organize its marketing department

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the way  McDonald's organize its marketing department is by organizes its marketing team to align with its  Customer segments.
As the result of this, McDonald managed to came up with several products that target separate customer segments. They had the normal Junkfood menus, Healthy menu such as salad and chicken breast to target health enthusiast, and kids meal

The marketing division at McDonald's is divided up into a variety of functional groups, including:

The management of brands is in charge of creating and preserving the McDonald's brand identity. The creation of the brand's logo, tagline, and overarching marketing message are examples of tasks in this category.

Product marketing is in charge of creating and promoting new goods and services. This covers activities like carrying out market research, creating product concepts, and introducing new goods.

Marketing communications is in charge of planning and carrying out marketing programs. This covers activities like designing marketing strategies, producing promotional products, and operating social media platforms.
Digital marketing is in charge of creating and carrying out digital marketing programs. This covers activities including managing the McDonald's website, producing material for social media, and managing pay-per-click advertising.

Market research is carried out in this department in order to inform marketing choices. This involves activities like conducting customer surveys, studying competitor data, and keeping tabs on market trends.

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Portside watercraft uses a job order costing system. during one month portside purchased $153,000 of raw materials on credit; issued materials to production of $164,000 of which $24,000 were indirect. portside incurred a factory payroll of $95,000, paid in cash, of which $25,000 was indirect labor. portside uses a predetermined overhead rate of 170% of direct labor cost. the journal entry to record the issuance of materials to production is: debit raw materials inventory $153,000; credit accounts payable $153,000. debit raw materials inventory $195,000; credit work in process inventory $195,000. debit work in process inventory $140,000; debit factory overhead $24,000; credit raw materials inventory $164,000. debit finished goods inventory $140,000; credit raw materials inventory $140,000. debit work in process inventory $140,000; debit raw materials inventory $24,000; credit materials inventory $164,000.

Answers

The answer is

debit work in process inventory $140,000; debit factory overhead $24,000; credit raw materials inventory $164,000

A decrease in aggregate demand will generate _____ in real gdp and _____ in the price level in the short run. no change; an increase a decrease; no change a decrease; a decrease an increase; no change

Answers

A decrease in aggregate demand will generate a decrease in real GDP and a decrease in the price level in the short run.
When the aggregate demand is decreased, the total economic output made by a country will also decrease, which results in lower GDP amount.
The decrease in aggregate demand will also result in a lower price for the short run because it forced the sellers to lower its selling price in order to get rid of the products from their warehouse 

Final answer:

A decrease in aggregate demand causes a decrease in both real GDP and the price level in the short run as spending falls and producers lower prices and production in response.

Explanation:

A decrease in aggregate demand will typically result in a decrease in both real GDP and the price level in the short run. This happens because when aggregate demand falls, there is less spending in the economy, which leads to a decrease in the demand for goods and services. Suppliers respond to this by lowering prices in an attempt to spur demand, but due to the lower demand, production also decreases, hence real GDP falls. Additionally, if the decrease in aggregate demand is significant, it can lead to an underutilization of resources, contributing further to a decrease in real GDP.

When considering an example such as a reduction in government purchases, holding other things constant, we see that this reduces aggregate expenditures, leading to a downward shift in the aggregate demand curve. The multiplier effect determines the total decrease in aggregate demand. The result of this shift is a fall in both real GDP and the price level since producers will have less incentive to supply at the previous price level.

In the case where people reduce their spending on foreign-produced goods and services, the immediate effect will likely be an increase in the demand for domestically produced goods and services, which could, in turn, lead to a rise in real GDP and potentially the price level, though the long-term effects would depend on a variety of factors including the elasticity of supply, changes in productivity, and the response of monetary and fiscal policies.

The wet dog surf company borrows $32,000 for 4 months and will pay $1,120.00 interest . calculate wet dog's annual percentage interest rate (apr) (rounded to two decimal places).

Answers

The formula is
I=prt
I interest paid 1120
p principle 32000
T time 4/12
R annual percentage interest rate?
Solve for r
R=I÷pt
R=1,120÷(32,000×(4÷12))
R=0.105×100
R=10.5%

Answer:

10.5%

Explanation:

Amount borrowed = 32,000

Interest amount = 1120 for 4 months

Interest paid in 12 months = 1120*3 = 3360

Interest %age = (3360/32000)*100

                        = 10.5%    

The largest cattle rancher in a given region will be unable to have a __________ when sufficient numbers of smaller cattle ranchers provide sources of competition

Answers

The largest cattle rancher in a given region will be unable to have a __________ when sufficient numbers of smaller cattle ranchers provide sources of competition.

Monoply 

Answer:

the correct answer is monopoly

Explanation:

(econ1101)

________ refers to the additional revenue gained from selling one more unit.

Answers

Marginal revenue refers to the additional revenue gained from selling one more unit. It is simply the added revenue that will be produced by selling a product by one more unit. It is calculated by dividing the change in the revenue with the change in the total output of units. 

Which statement describes an event that would shift the nation’s PPC to the right? Nation X is a nation in South America. It is a beautiful island nation surrounded by clear blue sea on all sides. Nation X is known for being a safe country with low crime levels. Last year, nation X elected its first female president, Daniela Bertolini. Bertolini’s focus on affordable higher education and health care is the main reason for the public support she enjoys. Within three months of coming into office, Bertolini passed regulations that made college education available to students from low-income families. In December, Bertolini was voted the best South American president in an international poll. However, she is not the first female achiever to make nation X proud. In February, astronaut Andrea Martinez became the first South American woman in space.

Answers

Answer: Within three months of coming into office, Bertolini passed regulations that made college education available to students from low-income families.

Explanation: PPC stands for production possibilities curve.  This curve changes based on the different options that can change the economy and what is done to actually change it. If a law was passed to give low-income families money for their children's college, there will be a shift showing the change in low-income students attending college.

Answer:

Within three months of coming into office, Bertolini passed regulations that made college education available to students from low-income families.

Explanation:

Darius rarely makes mistakes as the accountant for the round-tuit corporation. he always follows the correct guidelines when he calculates production costs and profit margins. according to holland, what is darius' personality type?

Answers

Darius has a “conventional” personality type, this is according to Holland’s Six personality types, which means that he likes to work with numbers and data. This kind of person can carry out the task in detail and can easily follow the instruction of a others. 

Final answer:

Darius exemplifies the Conscientiousness personality type according to Holland, characterized by traits such as being careful, organized, and hardworking, perfectly aligning with his role as a diligent and accurate accountant.

Explanation:

According to Holland's theory of personality types, Darius, who rarely makes mistakes as the accountant for the round-tuit corporation and always follows the correct guidelines when calculating production costs and profit margins, exhibits traits that align with the Conscientiousness personality type. This type is characterized by being careful, organized, hardworking, and adhering strictly to rules. Individuals with a conscientious personality are known for their perfectionistic, efficient, and methodical approach to tasks, making them highly reliable and dependable in professional settings. They tend to be workaholics, ambitious, and very cautious, always ensuring that they reflect on their decisions thoroughly.

Patagonia hires people who have a passion for something, even if their passion has nothing to do with patagonia's products. the process of determining the qualifications of employees needed in a company and then recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling these employees to achieve organizational goals is called

Answers

The qualification process in selecting, developing, motivating, evaluating employees in a company is called Human Resource Management

Further explanation

Human resource management is a process of dealing with various problems in the scope of employees, employees, laborers, managers and other workers to be able to support the activities of the organization or company in order to achieve predetermined goals.

Human Resource Management is the science of managing the relationships and roles of the workforce efficiently and effectively to achieve the company's main objectives.

Human Resources Management Objectives:

Make Policies and Considerations Helping Company Achieve Goals Give support Solve the problem The Best Communication Media

Human Resource Management Function :

Staffing / Employment

With the management of human resources, it will form a good plan related to labor selection that is tailored to the needs of the company.

Performance Evaluation

A manager will be responsible for evaluating the workforce.

Compensation

Human resource management is also related to the coordination of compensation or rewards for workers. Managers have the responsibility to develop a good payroll structure.

Training and Development

As explained in terms of human resource management that regulates labor relations, it has the role of providing good training and direction to company members.

Personnel Research

A manager will try to improve the effectiveness of the company's running through an analysis of the problems of individual workers.

Employee Relations

A business or company that implements good human resource management can avoid problems related to unions.

Safety and Health

Although the understanding of human resource management leads to the importance of regulating interactions with the workforce, but in its role also must be concerned with employee safety.

Patagonia, Inc. is an American apparel company that markets and sells outerwear. The company was founded by Yvon Chouinard in 1973 and based in Ventura, California. The logo is the outline of Mount Fitz Roy on the border between Chile and Argentina.

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Class: College

Subject: Business

Keywords: HR Management, Patagonia Inc., Companies

Jeb separated people who wanted aâ high-quality car from people who wanted aâ low-priced car, then saw whether different characteristics were associated with eachâ consumer-response segment. jeb was defining segments usingâ ______________________ considerations.

Answers

Jeb was defining segments using DEMOGRAPHIC considerations.

There are 4 types of segmentation.
1) Geographic
2) Demographic
3) Psychographic
4) Behavioral

Demographic segmentation considers who the customers are. Data that are required to be collected to know who the customers are 1) age, 2) gender, 3) income, 4) social class, 5) religion, and 6) race or family life cycle.

People who want high quality car are usually big income earners. People who wants low-priced cars are usually small income earners or even students who just got their drivers license. 



Jurper corporation used $150,000 of direct materials during april. at the end of april, jurper's direct materials inventory was $25,000 more than it was at the beginning of the month. direct materials purchases during the april amounted to:

Answers

Direct material purchase=direct material used+increases in materials inventory

Direct material purchase=150000+25000=175000

Ben wants to file a complaint against a financial service company to report inappropriate use of the money he gave them to invest. With whom should Ben file complaint? Consumer Protection Office police Financial Bureau Consumer Financial Protection Bureau

Answers

In this case, Ben should file complaints to: Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is federal agency of the United States that is created to protect the customers from potential malpractices within the private financial sectors (including companies who offer financial investing services)

Answer: consumer financial protection bureau

Explanation:

A company sold equipment that originally cost $160,000 for $96,000 cash. the accumulated depreciation on the equipment was $64,000. the company should recognize a:

Answers

what is the question?

Answer:$0 gain or loss

Explanation:

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