HRM Consulting Pty Ltd Started the Year with Total Assets

question 67

Multiple Choice

HRM Consulting Pty Ltd started the year with total assets of $80 000 and total liabilities of $40 000.During the year the business earned $150 000 in income and incurred $95 000 in expenses.Dividends of $20 000 were paid during the year.Equity at the end of the period was:

• A) $40 000
• B) $45 000
• C) $75 000
• D) $20 000

Assessing the impact of personal and interpersonal influences on consumer behavior.

Defining cobranding and its purpose in marketing.

Understand the principles and theories related to memory encoding and retrieval.

Identify the different types of memory and their characteristics.

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Definitions:

Treasury Shares

Shares that were issued and subsequently reacquired by the issuing corporation, but not retired, reducing the amount of outstanding stock on the open market.

Adjusted Book Value

An asset's book value after accounting for factors like depreciation, amortization, or impairment that affect its original cost.

Primary Beneficiary

The main individual or entity designated to receive the benefits from a will, trust, insurance policy, or financial plan.

Controlling Financial Interest

An interest in a business that gives the holder the power to direct its financial and operating policies, often through ownership of a majority of voting shares.