User Account

All Pages

What was the companys revenue for the year

Assignment Help Accounting Basics
Reference no: EM132270445

Question - Swifty Corporation began the year with retained earnings of $315000. During the year, the company issued $405000 of common stock, recorded expenses of $1223000, and paid dividends of $77000. If Swifty ending retained earnings was $335000, what was the company's revenue for the year?

$1320000

$1243000

$1725000

$1648000

Reference no: EM132270445

Questions Cloud

Explain what kind of bias they can have : Explain why you think they are reliable or, if you think they are somewhat biased, explain what kind of bias they can have.
Calculate the value of the stock today : (a) Calculate the value of the stock today. (b) Calculate the value of the stock in one year's time.
Calculate the firm intrinsic value : A. Using the constant-growth dividend discount method, calculate the firm's intrinsic value.
Describe the specific aspects of military policy : The concluding chapters of your textbook-Chapters 5, 6, and 7-focus on specific aspects of military policy. Clearly, building and maintain a modern military.
What was the companys revenue for the year : Swifty Corporation began the year with retained earnings of $315000. If Swifty ending retained earnings was $335000, what was the company's revenue for year
How does arnolds study of congressional action : How does Arnold's (1990) study of congressional action, particularly his discussion of costs and benefits, help us understand the GOP tax bill?
Evaluate the carter doctrine from a strategic perspective : In one page, evaluate the Carter Doctrine from a strategic perspective. Explain to the President whether the Carter Doctrine has ultimately been positive.
What is the break-even level : The Solar Calculator Company proposes to invest $5 million in a new calculator-making plant. Fixed costs are $2 million per year. A solar calculator costs
What is the present value of a series of payments : What is the present value of a series of payments of $20,000 every three years in perpetuity with the first payment made immediately

Reviews

Write a Review

Accounting Basics Questions & Answers

  Are there any threats to independence for kfp

Securimax's end of financial year is December 31. Are there any threats to independence for KFP in its audit of Securimax

  What is the monthly break-even point in units sold

What is the monthly break-even point in units sold and in sales dollars

  Determine a present value index for each proposal

Assuming that the desired rate of return is 15%, prepare a net present value analysis for each proposal. Determine a present value index for each proposal

  Determine adjustments on balance sheet and income statement

How do you determine adjustments on balance sheet and income statement

  What amount will beale report in its 2011 balance sheet

What amount will Beale report in its 2011 balance sheet as a net pension asset or net pension liability for the funded status of the plan?

  Intentional misrepresentation of financial statements

Research the Sarbanes-Oxley Act and prepare a presentation that pertains to intentional misrepresentation of financial statements, and describe the maximum penalty that the chief executive officer (CEO) and the chief financial officer (CFO) could ..

  Compute uniteds total 2014 payroll expense for welch

Compute Welch's gross pay, payroll deductions, and net pay for the full year 2014. Round all amounts to the nearest dollar and compute United's total 2014 payroll expense for Welch.

  What is the degree of operating leverage

Variable expenses are 30% of the selling price. If total fixed expenses are $30,000, what is the degree of operating leverage

  What amount of cash was initially received from factoring

Dairy Company sold accounts receivable without recourse with face amount of P6,000,000. What amount of cash was initially received from factoring

  Following is selected financial information of atv company

Following is selected financial information of ATV Company for the year ended December 31, 2013.

  Discuss what is cash management

What is cash management? Briefly discuss the planning and control aspects of an effective cash management system

  What is total quality tqm management

What is quality? What is total quality management (TQM)? What is Six Sigma?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd