Harry's Heimeshe Herring Co began operation in early 2018 with 50,000 in owners' equity and a bank loan of $25,000. With those funds it purchased equipment and kept $5,000 in the bank. Over that first year Harry's made an after-tax profit of 18,000 and paid no dividends. Last year it made $40,000 in profits after tax, from which it paid 18,000 in dividends. Near the end of the year the owners invested additional 10,000. Harry's Book Value at the beginning of this year was:
a) 46,000
b) 50,000
c) 55,000
d) 95,000
e) 100,000
Answer: e) 100,000
Business
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In order to reduce the length of a project, it would be wise to shorten:
A) The project activity that costs the least to speed up. B) The project activity that can be speeded up by the greatest amount. C) The critical path activity that can be speeded up by the greatest amount. D) The critical path activity that costs the least to speed up.
Business
How much time will be used?
What will be an ideal response?
Business