The following information was extracted from the accounting records of Brankov Company:
Beginning Paid-in Capital $90,000
Beginning Retained Earnings $300,000
Beginning Assets $455,000
Contributions by Owners $0
Cash dividends declared $0
Revenues $200,000
Expenses $155,000
At the end of the period, what is the total amount of stockholders' equity?
A) $65,000
B) $135,000
C) $390,000
D) $435,000
D
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Pizza Friends, a chain of fast food restaurants, focuses on providing no-frills service and low-budget means to achieve higher customer patronage. Identify the training implications that it will face as a result of the strategy that it follows.
(a) diversified training programs for employees (b) cross training of employees (c) outplacement assistance (d) job-search skills training
Which of the following is NOT considered a step in the decision-making process?
A) Clearly define the problem and the factors that influence it. B) Select the best alternative. C) Develop specific and measurable objectives. D) Evaluate each alternative solution based on its merits and drawbacks. E) Minimize costs whenever possible.