<u>Calculation of Total Assets:</u>
Total assets based on the given transactions can be calculated as follows:
Cash Received from Investors $6,900
Add: Amount Borrowed from Local Bank $3,900
Add: Supplies Purchased on account $1,190
Add: Equipment purchased $6,900
Less: Cash Paid for purchase of equipment -$2,190
Total Assets = $16,700
Hence based on the given transactions, the company's total assets are <u>$16,700</u>
Answer:
Letter b is correct.<u> Simplifying the supply chain needed to make goods and services available.</u>
Explanation:
India is the second most populous country in the world, and its economy has grown significantly, there is an increase in the industrial segment and foreign investment in the country, which is increasingly growing due to the large amount of cheap labor available and the country's large consumer market.
Therefore, when the population changes from rural to urban areas, global traders present in India benefit from the greater ease of simplifying the supply chain necessary to provide goods and services organized with automation and an integrated logistics for products to reach the consumer in place and at the right time.
Answer:
304,000
54,000
175,000
Explanation:
Ted has a realized gain of $304,000 ($368,000 sales price – $22,000 selling expenses –$42,000 basis).
Ted's recognized gain is $54,000 ($304,000 realized gain - $250,000 exclusion).
The basis of the new residence is its cost of $175,000
Is there anymore answers so i can help u? but i feel like it would be sense of humor.
Answer:
taxable income is $79000
Explanation:
given data
gross income = $98000
deduction = $19000
to find out
taxable income
solution
we know taxable income is calculated as
taxable income = gross income - deduction ....................1
here personal exemption is not claim in 2018 taxes
so
put here value in equation 1
taxable income = 98000 - 19000
taxable income = 79000
so taxable income is $79000