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2 years ago

Do the balance sheet in sheet and share the link

Business

1 answer:

Sveta_85 [38]2 years ago

4 0

A firm's balance sheet shows the state of its affairs and financial position at a point in time by giving a snapshot of its assets, liabilities, and equity.

According to the accounting equation, the sum of liabilities and equity gives the total assets, in this case, the equity amount is missing, as a result, we can rearrange the equation to solve for equity

total assets=total liabilities+ equity

equity=total assets-total liabilities

Find attached balance sheet in excel form as well as the formula sheet.

Find details regarding the balance sheet in the link below:

brainly.com/question/22941895

#SPJ1

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The units of an item available for sale during the year were as follows: Jan. 1 Inventory 2,500 units at $5 Feb. 17 Purchase 3,3

Alenkasestr [34]

Answer:

ending inventory using FIFO = $11,700

ending inventory using LIFO = $7,500

ending inventory using average method = $9,435

Explanation:

date item units price total

Jan. 1 beginning inv. 2,500 $5 $12,500

Feb. 17 purchase 3,300 $6 $19,800

July 21 purchase 3,000 $7 $21,000

Nov. 23 purchase 1,200 $8 $9,600

total 10,000 $62,900

Dec. 31 ending inv. 1,500

ending inventory using FIFO = (1,200 x $8) + (300 x $7) = $11,700

ending inventory using LIFO = 1,500 x $5 = $7,500

ending inventory using average cost = 1,500 x $6.29 = $9,435

5 0

3 years ago

What are the four areas of finance? Give an example of a financial activity that would fall into each area. ▼ Corporate Finance

chubhunter [2.5K]

Answer:

The correct answer is:

Corporate Finance
Investments
Financial Institutions
International Finance

Explanation:

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Corporate finance encompasses important investment decisions such as:

Remuneration of dividends,
Own or third-party financing,
The level of indebtedness and leverage,
The optimization of the risk-benefit ratio, its liquidity level,
The need for investment to develop
The evaluation of the opportunity cost of an investment, the financial model to be adopted and the repayment terms.
The efficiency of cash flows.

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ch4aika [34]

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4 years ago

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balu736 [363]

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3 years ago

Units of production data for the two departments of Pacific Cable and Wire Company for November of the current fiscal year are a

Naddik [55]

Answer and Explanation:

The computation of the equivalent units for direct material and conversion is shown below:

Particulars Total units Direct materials Conversion

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Started and

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