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denis23 [38]
2 years ago
12

Anna is creating a personal balance sheet. she plans to list these items. bank account jewelry health insurance rent which state

ments about the balance sheet are correct? select three choices. health insurance, and rent will be listed in the liabilities column. anna will need to find the total value of her jewelry and bank account. the period of the balance sheet will be one year. anna will add the value of the assets and subtract the value of the liabilities. the items in the table will be listed in four columns.
Business
2 answers:
DanielleElmas [232]2 years ago
8 0

True statements about Anna's balance sheet are:

  • Anna will need to find the total value of her jewelry and bank account.
  • The period of the balance sheet will be one year.
  • Anna will add the value of the assets and subtract the value of the liabilities.

<h3>What goes into the Balance Sheet?</h3>

The balance sheet includes the totals of assets which includes Anna's jewelry and the cash in her bank account. She will then add the value of these assets and subtract the liabilities to find the Net Asset Value.

The period of the balance sheet will be a year because the Balance sheet shows the statement of one's financial position over a year.

Find out more on Balance sheets at brainly.com/question/1113933.

#SPJ4

lozanna [386]2 years ago
6 0

Answer:

Anna will need to find the total value of her jewelry and bank account.

The period of the balance sheet will be one year.

Anna will add the value of the assets and subtract the value of the liabilities.

Explanation:

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Calamata Corporation processes a single material into three separate products A, B, and C. During September, the joint costs of
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Answer:

20%

Explanation:

Gross profit is the net of sales and cost of sales. Gross Profit percentage is the ratio of gross profit to sales expressed as percentage.

Product Units Produced Final Sales Value per Unit Separate Costs

   A             10,000                    $25                                  $125,000

   B             15,000                    $30                                  $250,000

   C            <u> 12,500 </u>                  <u> $24 </u>                                <u> $125,000</u>

Total           37,500                                                            $500,000

Sales Value

A (10,000 x $25)      $250,000

B (15,000 x $30)      $450,000

C (12,500 x $24)      <u>$300,000</u>

Total Sales Value                       $1,000,000

Less

Joint Cost                                  ($300,000)

Separable cost                         <u>($500,000)</u>

Gross Profit                               $200,000

Gross Profit Percentage = ( $200,000 / $1,000,000 ) x 100 = 20%

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What is the present value of the following series of cash flows discounted at 12 percent:
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Answer:

The present value of the following series of cash flows discounted at 12 percent is:

$171,890

Explanation:

a) Data and Calculations:

Discount rate = 12%

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$0 at the end of year the second year;

$60,000 at the end of the third year; and

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$40,000                 1                      $40,000

$50,000                 0.893             $44,650

$0                           0.797              $0

$60,000                 0.712              $42,720

$70,000                 0.636             $44,520

Total present value                      $171,890

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Answer: SEE EXPLANATION!

Explanation:

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