Reference no: EM132719889
Questions -
Q1. During fiscal 2007, Mattel had sales of $5,970,090, total expenses of $5,370,097 and gross profit of $2,777,300. What was Mattel's cost of goods sold for 2007?
A. $599,993
B. $3,192,790
C. $2,592,797
D. $8,147,397
E. There is not enough information to calculate the cost of sales.
Q2. How would cash collected on accounts receivable affect the balance sheet? (only one answer)
A. Increase liabilities and decrease equity
B. Decrease liabilities and increase equity
C. Increase an asset and decrease an asset
D. Increase an asset and increase equity
Q3. Jay Company has net income of $10,000 in 2010. They pay common stock dividends of $2,400 and preferred stock dividends of $1,000. Their beginning common shares outstanding is 20,000. The ending share balance is 15,000. What is their EPS (earnings per share) for the year?
A. .57 cents per sh
B. .51 cents per sh
C. .65 cents per sh
D. 1.15 cents per sh
Q4. What is the ending balance in the Retained Earning account given these facts about 2010.
Beginning Balance in Retained earnings at 1/1/2010 $10,000, Net income of $5,000, Dividends paid of $3,500.
A. $18,500
B. $12,500
C. $11,500
D. $15,000
|
What are the April account balances
: Bought $650 of supplies on account. Collected $ 4,000 cash on outstanding customer accounts. What are the April account balances
|
|
What is the current share price of stock
: If you would rather have equal dividends in each of the next two years by creating homemade dividends, what would be the cash flow for Year 1 and Year 2?
|
|
Discussion about the interprofessional collaboration
: This reflection journal also allows students to outline what they have discovered about their professional practice, personal strengths and weaknesses.
|
|
Create schedule calculating the balance in blue spruce
: Net sales for 2020 were $79 million,Make a schedule calculating the balance in Blue Spruce Corp.'s Allowance for Doubtful Accounts at December 31, 2020
|
|
What was Mattel cost of goods sold
: Mattel had sales of $5,970,090, total expenses of $5,370,097 and gross profit of $2,777,300. What was Mattel's cost of goods sold for 2007
|
|
What social and health system determinants affect given
: In this assignment, you will develop two separate infographics (informative posters) to discuss two separate health issues relevant to the LGBT communities.
|
|
Determine the price and duration of the bond
: A Bank has a bond with a maturity of 4 years. The coupon rate of the bond is 8%, the yield to maturity is 9%, and the face value is 1 million dollars.
|
|
What the persons view of leadership is now
: What the person's view of leadership is now? What was it when they started and What would they like to share about leadership that they feel has been of great
|
|
Research paper about the benefits of a healthy diet
: Write a 5 page research paper about the benefits of a healthy diet. Include: References (at least 5 within the last 5 years). The response must be typed.
|