A corporation has $80,000 in total assets, $36,000 in total liabilities, and a $12,000 credit balance in retained earnings. what is the balance in the contributed capital accounts?

a. $44,000.

b. $32,000.

c. $56,000.

d. $48,000.

Marie-Claire buys a $3.5 million house in which she puts all of her assets. Six months later she declares bankruptcy. How much can she claim for her homestead exemption? a. About $500,000 b. All $3.5 million c. $1.75 million, or half the value d.

Using monetary theory, one can show that the price level (index) in an economy is equal to: (a) the inflation rate minus the interest rate. (b) the average change in the level of trade over the past 5 quarters. (c) the velocity of money.

You are saving for a mew TV that costs $1500. If you save $25 a month, how long will it take to reach your goal?

Strickland Company sells inventory to its parent, Carter Company, at a profit during 2012. One-third of the inventory is sold by Carter in 2012.

The newspaper reported last week that Bennington Enterprises earned $34.08 million this year. The report also stated that the firm's return on equity is 17 percent. The firm retains 75 percent of its earnings.

Glassmaker has pre-merger $5 in debt and $10 in equity. Rate on debt is 11%. The risk free rate is 6%. The tax rate is 40%. The levered beta is 1.36. The equity risk premium is 4%.

The Operations Section Chief: A. Sets up and maintains all incident facilities and food services. B. Coordinates communication between all responding agencies. C. Develops and implements strategies and tactics to achieve the incident objectives. D.

A certain city reports the following year-end total assets: General Fund $18,400,000 Library Fund (a special revenue fund) 2,900,000 Debt Service Fund 2,600,000 Total governmental funds 26,300,000 Total governmental and enterprise funds combined

A deposit of $870 earns interest rates of 10.7 percent in the first year and 8.7 percent in the second year. What would be the second year future value?

Mitchell, a calendar year taxpayer, is the sole proprietor of a fast-food restaurant. His adjusted basis for the building and the related land is $450,000.