Answer and Explanation:
The computation is shown below:
1. Before computing the stockholder equity first we have to determine the total assets and the total liabilities which is shown below:
As we know that
Total Assets = Current Assets + Net Fixed Assets
= $2,090 + $9,830
= $11,920
Now
Total Liabilities = Current Liabilities + Long-term Debt
= $1,710 + $4,520
= $6,230
So,
Stockholders’ Equity = Total Assets - Total Liabilities
= $11,920 - $6,230
= $5,690
2. The net working capital is
Net Working Capital = Current Assets - Current Liabilities
= $2,090 - $1,710
= $380
Answer:
This statement is describing demand pull inflation.
Explanation:
If the aggregate demand increases the demand curve will shift rightwards. But if the increase in demand is higher than increase in supply this will lead to an increase in the price level. The output level will increase but constant increase in price will cause inflationary pressures. This is referred toa as demand-side inflation.
Answer:
Although leather is still used in the construction of the bags (the reinforcing trim is still made from leather) as a whole a Louis Vuitton coated canvas bag is much more durable than your average leather or fabric bag, making it a very sound investment.
Explanation:
The type of goal that Nick has set for himself is a short term goal which lasts for six months. Nick did very well in keeping to his goal and he was able to achieves a substantial part of his goal before the time he sets for himself. But if Nick has added an extra $50 to the money he pays monthly, he would have completely achieved his set goal in four months.<span />
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Western Company allocates $10.00 overhead to each unit produced. The company uses a plantwide overhead rate with machine hours as the allocation base.
Estimated: Department 1 Department 2
Manufacturing overhead costs $250,000 $150,000
Machine hours 15,000 MH ?
We will sum the total overhead and divide it by the overhead rate. Doing this we will determine the total number of machine-hours.
Total machine-hours= 400,000/10= 40,000 hours
Department 2= total machine hours - department 1 machine hours
D2= 40,000 - 15,000= 25,000 machine hours