Tandem Company borrowed $32,000 by issuing common stock. Which of the following choices accurately reflects how this event affects the company's financial statements? Assets = Liab. + Equity Rev. − Exp. = Net Inc. Cash Flow
A. 32,000 = NA + 32,000 NA − NA = NA 32,000 FA
B. 32,000 = NA + 32,000 32,000 − NA = 32,000 32,000 FA
C. 32,000 = 32,000 + NA 32,000 − NA = NA 32,000 FA
D. 32,000 = 32,000 + NA 32,000 − NA = 32,000 32,000 OA

a. Option A
b. Option B
c. Option C
d. Option D

What are the forecasted levels of the line of credit and special dividends? (hints: create a column showing the ratios for the current year; then create a new column showing the ratios used in the forecast. also, create a preliminary forecast that doesn’t include any new line of credit or special dividends. identify the financing deficit or surplus in this preliminary forecast and then add a new column that shows the final forecast that includes any new line of credit or special dividend.) now assume that the growth in sales is only 3%. what are the forecasted levels of the line of credit and special dividends?

Determine if the following statements are true or false. an increase in government spending can crowd out private investment. an improvement in the budget balance increases the demand for financial capital. an increase in private consumption may crowd out private investment. lower interest rates can lead to private investment being crowded out. a trade balance in sur+ increases the supply of financial capital. if private savings is equal to private investment, then there is neither a budget sur+ nor a budget deficit.

Singer and mcmann are partners in a business. singer’s original capital was $40,000 and mcmann’s was $60,000. they agree to salaries of $12,000 and $18,000 for singer and mcmann respectively and 10% interest on original capital. if they agree to share remaining profits and losses on a 3: 2 ratio, what will mcmann’s share of the income be if the income for the year was $15,000?