subject
Business, 18.09.2019 04:00 MiaZo5869

Golden enterprises started the year with the following: assets $115,000; liabilities $40,000; common stock $70,000; retained earnings $5,000. during the year, the company earned revenue of $6,100, all of which was received in cash, and incurred expenses of $3,550, all of which were unpaid as of the end of the year. in addition, the company paid dividends of $2,100 to owners. assume no other activities occurred during the year. what was the amount of golden's net income for the year?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:30
Collective bargaining provides for a representative of employees to negotiate with a representative of management over labor issues including wages.true or false?
Answers: 3
question
Business, 21.06.2019 19:00
Spirula trading inc sublets a part of its offices building to jade inc. for a period of ten years . where will the company disclose this information?
Answers: 3
question
Business, 21.06.2019 20:30
Afactory owner wants his workers to produce as many widgets as they can so he pays his workers based on how many widgets they produce. however, in order to make sure that the workers do not rush and produce a large number of poorly made widgets, he checks the widgets at random at various stages of their manufacture. if a defect is found in a widget, the pay of the entire section of the factory responsible for that defect is docked. how is this factory owner seeking to solve the agency conflict problem in this case?
Answers: 2
question
Business, 22.06.2019 22:30
Ellen and george work for the same company. ellen, a gen xer, really appreciates the flextime opportunities, while george, a baby boomer, takes advantage of the free computer training offered at the company. these policies are examples of
Answers: 3
You know the right answer?
Golden enterprises started the year with the following: assets $115,000; liabilities $40,000; com...
Questions
question
Mathematics, 22.02.2021 22:40
question
Biology, 22.02.2021 22:40
question
Biology, 22.02.2021 22:40