Stockholders’ equity totaled $94,000 at the beginning of the year. during the year, net income was $24,000, dividends of $9,000 were declared and paid, and $22,000 of common stock was issued at par value.
required calculate total stockholders' equity at the end of the year. (deductible amounts should be indicated by a minus sign) stockholders equity changes 29,000 ending 29,000

The total stockholders' equity at the end of the year is $131,000

Explanation:

The computation of the ending stockholder equity balance is shown below:

= Beginning stockholder equity balance + Net income - dividend paid + issue of common stock

= $94,000 + $24,000 - $9,000 + $22,000

= $131,000

The dividend should decrease the balance of the stockholder equity, so we deduct this and the remaining items should be added because it increases the shareholder value.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

disadvantages of leasing a vehicle: no vehicle equity and mileage limitations

disadvantages of purchasing a vehicle: large down payment and vehicle depreciation

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