a. Given the information that Adam knows, it appears that there may be some form of collusion or fraud happening at Big Builder.
It seems that someone within the company is using insider information from bids submitted by Adam and sharing it with another company, K. A. Supplies Inc., which then submits a higher-priced bid and gets awarded the job. This allows Big Builder to pay more for the materials while making it seem like a legitimate transaction.
b. To gather more information and evidence, Adam could consider the following steps:
- Requesting copies of previous bids and purchase orders from Big Builder to identify any patterns or discrepancies.
- Investigating the relationship between the purchasing agent listed as an officer in K. A. Supplies Inc. and Big Builder.
- Interviewing other sales representatives or employees at Big Builder to see if they have noticed any similar suspicious activities.
- Checking if there are any other contractors or companies that have experienced a similar decrease in awarded jobs and if there are any connections to K. A. Supplies Inc.
- Contacting local industry associations or trade groups to gather information about the reputation and legitimacy of K. A. Supplies Inc.
c. To prevent improprieties in the bidding and purchasing process at Big Builder, the following controls could be instituted:
- Implementing a system of checks and balances, where multiple individuals are involved in the bidding and purchasing process to ensure transparency and prevent single-point collusion.
- Establishing clear policies and procedures for bidding and purchasing, including guidelines on how bids should be evaluated, documented, and awarded.
- Conducting regular audits of the bidding and purchasing process to identify any irregularities or discrepancies.
- Implementing strict conflict of interest policies to prevent employees from having ownership or financial interests in companies that bid for Big Builder's projects.
- Enhancing vendor screening procedures to ensure that all vendors are legitimate and reputable entities.
- Encouraging and providing a channel for employees to report any suspected fraudulent activities anonymously.
- Training employees on ethical practices, fraud awareness, and reporting mechanisms.
It is important for Big Builder to take these allegations seriously and conduct a thorough investigation to protect the integrity of their bidding and purchasing processes.
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(ASAP NEED THIS NOW!)
Which was the first home entertainment technology to disrupt the movie industry?
A. Radios
B. Cable Television
C. Livestreaming
D. Video Cassette Recorders
Answer:
B. Cable Television
Explanation:
I'm pretty sure its right sorry if its not
Answer:
A
Explanation:
I thing A aaaaaaaaaaaaaa
Max is using a search engine to do research on trends in his industry when he comes across a website that isn’t necessarily related to his research–but is interesting and engaging. Without realizing it, Max spends over an hour browsing through the webpage’s numerous articles and links. When his boss asks him if his research report will be ready by the end of the day, Max isn’t sure how to respond. He’s hardly done any work–but it’s not like he was purposely avoiding work. He was using the search engine for the purpose of research, after all. It’s not his fault that the search results weren’t very relevant. Max is considering asking his boss for an extension on his deadline so that he can spend more time researching. What do you think? What should Max do?
In this situation, Max has to first give his boss some advance notice that he wont be able to complete the report before deadline, explain himself briefly as to why that is, then ask for more time to be able to complete the task.
What is a deadline?A deadline indicates that a task or project is anticipated to be finished by that date and time. There is a clear expectation of what must be provided and by when thanks to deadlines. Employees are able to take charge of their work in this way and include deadlines into their time management techniques.
It's critical to schedule deadlines in advance because your work may be delayed. Recognize that some resources might be delayed and that some people might not be available. You may prevent the disaster of missing a deadline by making plans in advance.
Deadlines are crucial in business for a variety of reasons. They establish standards and encourage productive behavior in the workplace.
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the next big change coming to television advertising will most likely be
The next big change coming to television advertising will most likely be the shift towards programmatic advertising and addressable TV.
Programmatic advertising is the use of software to automate the buying and selling of digital advertising. Advertisers use a demand-side platform (DSP) to buy digital ads automatically, while publishers use a supply-side platform (SSP) to sell their inventory to potential buyers. Programmatic advertising makes it possible to purchase ad space on a large scale quickly and efficiently, enabling advertisers to reach their target audience at the right time and place.
Addressable TV allows advertisers to deliver specific ads to individual households or devices using data and targeting capabilities. This means that different households watching the same program can see different advertisements, making it possible to personalize ads for different audiences. Advertisers can use data such as demographics, interests, and purchase history to deliver more relevant ads to specific viewers, resulting in better engagement and higher conversion rates.
Overall, the shift towards programmatic advertising and addressable TV is likely to bring more targeted and personalized advertising to television viewers. This will make it easier for advertisers to reach their target audience and for viewers to see ads that are relevant and interesting to them.
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which word best describes the writing process in business writing ?
Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing
what risk(s) is aep seeking to mitigate through the bosque rojo project?
AEP, or American Electric Power, is seeking to mitigate several risks through the Bosque Rojo project. The project involves the installation of a 350-megawatt wind farm in Texas. One risk that AEP is seeking to mitigate is the risk of over-reliance on fossil fuels for electricity generation. By diversifying its energy portfolio with renewable sources like wind power, AEP is reducing its exposure to price volatility and supply disruptions associated with traditional fossil fuels.
Another risk that AEP is seeking to mitigate through the Bosque Rojo project is the risk of regulatory uncertainty. With increasing concerns over greenhouse gas emissions and climate change, there is a growing trend towards stricter regulations on carbon emissions. By investing in renewable energy, AEP is positioning itself to comply with potential future regulations and avoid potential penalties or fines.
Finally, AEP is seeking to mitigate the risk of reputational damage. As consumers and investors become more environmentally conscious, there is a growing expectation that companies take action to reduce their carbon footprint and promote sustainability. By investing in the Bosque Rojo project, AEP is demonstrating its commitment to sustainable business practices and reducing its negative impact on the environment.
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During a period of inflation, firms using LIFO will have the: A. lowest cost of goods sold, the highest net income, and the lowest inventory value. B. highest cost of goods sold, the lowest net income, and the highest inventory value. C. lowest cost of goods sold, the highest net income, and the highest inventory value. D. highest cost of goods sold, the lowest net income, and the lowest inventory value.
Answer:
The answer is D.
Explanation:
For LIFO(Last in First out), its inventory value(that is, ending inventory) has lowest value because the ending value reflects the cost of earlier purchased inventory.
The cost of sales has the highest value because of the lowest value of the ending inventory.
And lastly, its net income will be at his lowest because of the highest cost of sales.
chegg on january 1, 2021, summer corp. purchased 40% of the voting common stock of harry co., paying $2,700,000. summer properly accounts for this investment using the equity method. at the time of the investment, harry's total stockholders' equity was $4,800,000. summer gathered the following information about harry's assets and liabilities whose book values and fair values differed:
At the time of the investment, Harry's total stockholders' equity was $4,800,000. There were certain assets and liabilities in Harry's books whose book values differed from their fair values.
The equity method is used by Summer Corp. to account for its investment in Harry Co. This method requires Summer to record its share of Harry's earnings or losses in its financial statements.
Since Summer acquired 40% of the voting common stock, it has significant influence over Harry's operations. As a result, Summer's initial investment cost of $2,700,000 represents its share of Harry's net assets at the time of acquisition. This amount is considered the initial carrying value of the investment on Summer's books.
When determining the initial carrying value, the total stockholders' equity of Harry Co., which was $4,800,000, is not directly relevant. The purchase price of $2,700,000 is the key factor for Summer's initial investment. The difference between the purchase price and the book value of Harry's net assets represents the excess paid for the investment.
Regarding the assets and liabilities with differing book values and fair values, it is important to note that the information provided does not specify the nature or extent of these differences. However, under the equity method, such differences are generally not directly reflected in Summer's financial statements. Instead, Summer would recognize its share of the earnings or losses generated by Harry Co. on an ongoing basis. The specific treatment of these differences would depend on the accounting policies and principles followed by Harry Co. and any adjustments made by Summer in its equity accounting.
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SEARCH WHAT IT TAKES TO BE A GREAT LEADER!!!!!!!!!!!!!
Torres says that many of us “carry this image of this all-knowing superhero who stands and commands and protects his followers”. She also says this is somewhat outdated. Do you agree? Why or why not? Describe what image comes to mind for you when you think of a great leader.
Answer:
I agree, because I want to lead other and not to be a follower. I think that a leader is a protector, and leads others to the right direction.
Explanation:
I agree with Torres because I also want to be a leader not follower. A great leader is one who is kind, protective and humble.
What defines a great leader?An effective leader knows what it will take to achieve their team's objectives and has a common vision that is in line with their fundamental beliefs.
They lead, manage, and encourage their teams to work imaginatively and self-assuredly towards that common goal. A leader gives their team members the tools they need to embrace their own individual leadership traits and act with passion and independence. Additionally, they encourage and motivate employees to continue making long-term progress and showing enthusiasm for teaching their objectives.
Therefore, I agree with Torres sayings and a great leader should be protective and humble.
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Why is it important for economists to determine factors influencing real GDP ?
Answer:
It is a key indicator of the overall health and growth of the economy, and it is used to determine economic policy going forward. For example, the Federal Reserve factors real GDP as well as the rate of inflation into its decisions on influencing the money supply.
________ for forecasting relies on the assumption that underlying relationships in the past will continue into the future, resulting in its simplicity as a method but inaccuracy in times of change.
Answer: The answer is Trend extrapolation
Explanation:
you should try to get the lowest interest rate possible in which situation
(A) you are lending money to a bank
(B) you are borrowing money from another person
(C) you are lending money to another person
(D) you are putting money in a savings account
Answer:
B. you are borrowing money from another person
Explanation:
rest is you giving money to others which if you could youd want higher interest rates for
Answer:
You are borrowing money from another person.
Explanation:
Environmental scanning is the act of analyzing the critical external contingencies facing an organization in terms of:
Answer:
Economic conditions, competitors, and customers.
Explanation:
Environmental scanning is the act of analyzing the critical external contingencies facing an organization in terms of economic conditions, competitors, and customers.
Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.
The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.
Generally, the external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.
Assignment 2
(20 points)
Assignment 2: Costs and Profit
Instructions
I'm sorry, I don't know what you mean. Please attach a photo/add the instructions!! Sorry
Answer:
can u please upload it
Explanation:
an insurance company is sued for breach of contract. at the end of the trial, the trial judge issues a judgement n.o.v. (notwithstanding the verdict). what does that mean
The specific legal procedures and standards for granting a judgment n.o.v. may vary depending on the jurisdiction and the applicable laws.
When a trial judge issues a judgment n.o.v. (notwithstanding the verdict), it means that the judge is overturning the jury's verdict and entering a judgment in favor of the opposite party in the lawsuit. In other words, the judge is disregarding the jury's decision and making their own determination on the outcome of the case.
The judgment n.o.v. is typically granted when the judge believes that the jury's verdict was unreasonable or not supported by the evidence presented during the trial. It is a way for the judge to correct what they perceive as a mistake in the jury's decision.
In the context of an insurance company being sued for breach of contract, if the trial judge issues a judgment n.o.v., it means that the judge is ruling in favor of the party suing the insurance company and overturning the jury's verdict, potentially awarding damages or other remedies to the plaintiff.
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The Temple University College of Business is seeking to purchase new monitors for its classrooms, computer labs, faculty, and staff offices. It creates a description of the project and asks suppliers to submit bids. The university identifies the top two or three suppliers who present the most competitive packages and will begin discussions with each supplier to determine which company will be awarded the contract. This is an example of the _______ method of business buying.
the online buying to see which company is offering affordable goods
How to record i formation from a trial balance to a bank reconciliations statement
recording information from a trial balance to a bank reconciliation statement requires accuracy, attention to detail, and an understanding of the company's financial records. By following these steps, you can ensure that your bank reconciliation statement is accurate and up-to-date.
When preparing a bank reconciliation statement, it is essential to record information from a trial balance accurately. Here is a step-by-step guide on how to do it:
1. Begin by gathering all relevant bank statements and comparing them to the company's records.
2. Check for any discrepancies between the bank statement and the company's records, such as outstanding checks, deposits in transit, or bank errors.
3. Prepare a trial balance, which lists all the account balances at a specific date.
4. Review the trial balance for any errors, omissions, or inaccuracies. Once you have confirmed that the trial balance is correct, use it to prepare the bank reconciliation statement.
5. Compare the trial balance to the bank statement, noting any differences. For example, if there is a discrepancy between the ending balance on the bank statement and the ending balance on the trial balance, you will need to investigate and reconcile it.
6. Record any necessary adjustments, such as outstanding checks or deposits in transit, on the bank reconciliation statement.
7. Once all adjustments have been made, update the company's records with the reconciled bank balance.
In conclusion, recording information from a trial balance to a bank reconciliation statement requires accuracy, attention to detail, and an understanding of the company's financial records. By following these steps, you can ensure that your bank reconciliation statement is accurate and up-to-date.
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How would the implementation of digital dashboards in a manufacturing organisation impact on the role of the management accountant?
The implementation of digital dashboards in a manufacturing organization would have a significant impact on the role of the management accountant. Here's how:
1. Access to Real-Time Data: Digital dashboards provide management accountants with real-time access to key financial and operational data. Instead of relying on static reports and manual data collection, accountants can now monitor and analyze information instantly. This allows them to make more timely and informed decisions, identify trends, and respond quickly to changes in the manufacturing process.
2. Improved Performance Monitoring: Digital dashboards offer visual representations of key performance indicators (KPIs) and metrics relevant to the manufacturing process. Management accountants can track metrics such as production costs, inventory levels, quality control, and equipment utilization in real-time. They can identify areas of improvement or potential issues and take proactive measures to optimize efficiency, reduce costs, and enhance overall performance.
3. Enhanced Data Analysis and Forecasting: With digital dashboards, management accountants can perform advanced data analysis and forecasting more efficiently. They can identify patterns, correlations, and trends in the manufacturing data, enabling them to provide more accurate financial forecasts, cost projections, and budget planning. This helps the organization make better strategic decisions, optimize resource allocation, and mitigate risks.
4. Automation and Streamlined Processes: Digital dashboards automate data collection, aggregation, and visualization processes, reducing the manual effort required by management accountants. This frees up their time to focus on value-added activities such as data interpretation, analysis, and strategic planning. It also improves data accuracy, minimizes errors, and enhances data integrity across the organization.
5. Strategic Business Partner: With digital dashboards providing real-time insights, management accountants can play a more strategic role within the organization. They can collaborate with cross-functional teams, provide financial analysis and insights to support decision-making, and contribute to strategic initiatives. By leveraging the power of digital dashboards, management accountants can become trusted advisors to management, helping drive business growth and performance.
Overall, the implementation of digital dashboards empowers management accountants with timely access to relevant data, improved performance monitoring, advanced analytics capabilities, streamlined processes, and a more strategic role within the manufacturing organization. It enhances their ability to contribute to informed decision-making, optimize operations, and drive overall financial performance.
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why is healthcare accounting important?
Answer:
Nowhere is accounting more important in a medical practice than in revenue cycle management (RCM). ... Managing a medical office's payments received. Processing and tracking, which can often become complex. Determining patient eligibility for specific services.
Explanation:
Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information which can be used in making business decisions.
If you own a candy bar factory, the
"capital" for your factory would
include all of the following EXCEPT
which one?
A. The ingredients such as sugar and cream used in
making chocolate.
B. The machines that make the candy bars.
C. The employees who run the machines and
package the candy.
D. The rules and regulations that keep employees
and customers safe.
Answer:
C
Explanation:
Capital isn't the employees working, but the tools needed to help the employees work efficiently.
Answer:
A. The ingredients such as sugar and cream used inmaking chocolate.
Explanation:
Compose two paragraphs that predict the impact this tax cut and increased funding for unemployment insurance will have on the following: the economy as a whole individuals other government programs the government debt Be sure to justify your predictions, use proper grammar, and include topic sentences, an introduction, a conclusion, and information from the video.
Answer:
Extending the cut to payroll taxes will have a positive impact on the economy as a whole. With the continued decrease in the tax rate, people will have more money to spend more on goods and services. This will encourage businesses to hire more workers and will reduce unemployment. The economy will experience a boost, and recovery will take place. This tax cut will add an extra $40 to the average paycheck. People might use the extra income for rent, groceries, or gas.
Increased funding for unemployment insurance will ensure that eligible unemployed individuals will continue to get unemployment compensation. The extended unemployment compensation will lead to more production in the economy, which will help reduce government debt. An increase in production will lead to an increase in employment and output. When production increases, individuals’ incomes also increase, so the government will collect more income taxes to fund repayment of its debt.
Explanation:
PLATO
Answer:
The tax cut and the increased funding of unemployment insurance will benefit the economy as a whole. As unemployment rise, fewer people are going to have money to buy goods therefore, businesses will have less money to hire workers. This will not be fixed if there weren't any unemployment insurance. With unemployment money, people are going to buy more and the economy will boost. This not only benefits individuals but the economy as a whole. However, this may increase government debt and may have decrease funding to other government programs.
Explanation:
This is not from plato or edmentum. I typed it myself
What type of loan uses real estate for security?
A point of sale
A line of credit
. A disclaimer (it’s not disclaimer)
A second mortgage
Answer:
A second mortgage loan uses real estate for security
A firm that is considering changing the colors used on its packaging wants to determine the effect of different color schemes on sales. To do so, the firm places three different packages in stores in three different markets. What type of research is this
Based on the information given the type of research is: Experimental research.
What is experimental research?An experimental research can be defined as the research method that is carried out by researcher when they want to conduct a research about an invention.
Researcher tend to make use of variables when conducting an experimental research as this will help to give them the accurate result they are expecting after conducting the experiment.
Inconclusion the type of research is: Experimental research.
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Answer: Experimental
Explanation: An experiment involves determining cause-and-effect relationships between variables.
if two or more companies signed the agreement for a long-term cooperative relationship that includes the commitment to develop new products than it is called group of answer choices horizontal integration. outsourcing. strategic alliance. joint venture. vertical integration.
A strategic alliance is a type of cooperative relationship between two or more companies that involves a long-term commitment to develop new products. It is a voluntary collaboration between two or more parties, usually with the goal of achieving mutual benefits.
A strategic alliance can be formed for various reasons such as sharing resources, sharing risks, reducing costs, gaining access to new markets, and gaining access to new technologies. It is different from other forms of business collaboration, such as joint ventures and outsourcing, as it does not involve financial or ownership ties. Instead, it involves a mutual understanding between the parties involved to work together to achieve a common goal.
This can involve sharing resources, sharing risks, and/or developing new products. Vertical and horizontal integration are two other types of business collaboration, which involve the merging of two companies or the collaboration between two companies in different industries.
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a) Stanley, Inc. issues four-year USD1000 bonds that have a 7% coupon rate. What is the duration for this bond, if the current market yield is 6% per annum and the interest is paid semi-annually?
The duration of the bond is approximately 1.01 years.
To calculate the duration of a bond, we'll use the Macaulay duration formula. For a bond with a 7% coupon rate, USD1000 face value, a 4-year maturity, a current market yield of 6%, and semi-annual interest payments, here's the process:
1. First, find the semi-annual coupon payment: (7% * USD1000) / 2 = USD35
2. Next, calculate the semi-annual market yield: 6% / 2 = 3% or 0.03
3. Determine the total number of periods: 4 years * 2 = 8 periods
Now, we'll calculate the present value of each cash flow and multiply it by the period number (t). Then, sum these values and divide by the bond's present value.
PV(cash flow) = (Coupon payment) / (1 + market yield)^t
Duration = [∑(t * PV(cash flow))] / Bond Price
Calculating the present value of each cash flow, multiplying by the period number, and summing the values:
\((1 * (35 / (1.03^1))) + (2 * (35 / (1.03^2))) + ... + (8 * (1035 / (1.03^8)))\) ≈ 2039.42
Calculating the bond price by summing the present values of all cash flows:
\((35 / (1.03^1)) + (35 / (1.03^2)) + ... + (1035 / (1.03^8))\) ≈ 1009.72
Finally, divide the sum of weighted cash flows by the bond price:
Duration = 2039.42 / 1009.72 ≈ 2.02 (in semi-annual periods)
To convert to years, divide by 2:
Duration = 2.02 / 2 ≈ 1.01 years
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12. The right to own a business is referred to as the right
What needs to happen to the money supply to recession?
Answer:
In order for your money suppy to recession you need credit.
Explanation:
Your credit needs to be good.
Which of the following will be accomplished by efficient allocations of the factors of production?
guaranteeing economic success
understanding whether a product will fail
fulfilling many needs and wants of society
replenishment of limited resources
Answer:C
Explanation: Just took the test:)
What will be accomplished by efficient allocations of the factors of production is fulfilling many needs and wants of society
What are factors of production?factors of production can be regarded as those factor that make production possible such as capital and land.
Therefore, fulfilling many needs and wants of society is one of beauty of production.
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before she calls potential clients for her accounting firm, joy is identifying key decision-makers at each company, contacting other clients for information about them, and identifying the needs of each company. this process is called .
pleasure is identifying the top decision-makers at each organization, contacting other clients to learn more about them, and figuring out what each organization requires. This method is known as pre-approach.
What exactly is the pre-approach phase?the initial step of the sales process, during which a salesperson searches for new customers, qualifies them, and gets ready to contact the client.
What is a pre-approach and what are its goals?The primary goal of a pre-approach is to assist the salesperson in gaining more understanding of the client's wants and attitudes such that he may choose the appropriate strategy for the particular prospect. The salesman will also benefit from being able to avoid making critical errors while giving his sales presentation.
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Which company was formerly known as the computing-tabulating-recording company? ibm.
The company formerly known as the computing-tabulating-recording company was IBM.
Who founded IBM?
CTR company was replaced by IBM in the year 1889 and was founded by Herman Hollerith at the end of the 1800s.
IBM was incorporated as a computing-tabulating-recording company in the year 1911.
It was a merger of three minor entities namely, a computing company, tabulating company, and a recording company that was engaged in the manufacturing of punch-card tabulators and various other products.
Therefore, IBM was formerly known as a computing-tabulating-recording company (CTR).
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power drive corporation has the following beginning balances in its stockholders' equity accounts on january 1, 2021: common stock, $100,000; additional paid-in capital, $5,500,000; and retained earnings, $3,000,000. net income for the year ended december 31, 2021, is $700,000. required: prepare the statement of stockholders' equity for power drive corporation for the year ended december 31, 2021.
The total stockholders' equity at the end of the year is $9,300,000, which is the sum of the common stock, additional paid-in capital, and retained earnings.
Statement of Stockholders' Equity
For the Year Ended December 31, 2021
Common Stock:
Beginning Balance: $100,000
No changes during the year
Ending Balance: $100,000
Additional Paid-in Capital:
Beginning Balance: $5,500,000
No changes during the year
Ending Balance: $5,500,000
Retained Earnings:
Beginning Balance: $3,000,000
Add: Net Income for the Year: $700,000
Ending Balance: $3,700,000
Total Stockholders' Equity:
Common Stock: $100,000
Additional Paid-in Capital: $5,500,000
Retained Earnings: $3,700,000
Total: $9,300,000
The statement of stockholders' equity shows the changes in the company's stockholders' equity accounts during the year. In this case, there were no changes in the common stock and additional paid-in capital accounts. The retained earnings account increased by $700,000 due to the net income earned during the year.
The total stockholders' equity at the end of the year is $9,300,000, which is the sum of the common stock, additional paid-in capital, and retained earnings.
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