1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mkey [24]
2 years ago
7

Waterway Industries compiled the following financial information as of December 31, 2022: Service revenue $834000 Common stock 1

96000 Equipment 246000 Operating expenses 745000 Cash 216000 Dividends 65000 Supplies 33000 Accounts payable 113000 Accounts receivable 92500 Retained earnings, 1/1/22 439000 Waterway's assets on December 31, 2022 are: $492000. $587500. $1427500. $1037500.
Business
1 answer:
Rashid [163]2 years ago
3 0

If Waterway Industries compiled the financial information as of December 31, 2022. Waterway's assets on December 31, 2022 are: $587500.

<h3>Assets</h3>

Using this formula

Assets=Equipment+Cash+Supplies+Accounts receivable

Where:

Equipment=$246000

Cash=$216000

Supplies=$33000

Accounts receivable=$92500

Let plug in the formula

Assets=$246,000 + $216,000 + $33,000 + $92,500

Assets =$587500

Therefore If Waterway Industries compiled the financial information as of December 31, 2022. Waterway's assets on December 31, 2022 are: $587500.

Learn more about assets here:brainly.com/question/11209470

#SPJ1

You might be interested in
Siva, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B)
Digiron [165]

Answer:

The payback period for Silva Inc. is 3 years. If considering only this method of evaluating projects, Silva Inc will invest in project A and dismiss project B.  

Payback period A=2,1539 years.

Payback period B= 3,0042 years

Explanation:

The payback period refers to the amount of time it takes to recover the cost of an investment. The payback period is the length of time an investment reaches a breakeven point.

<u>Cash Flow A:</u>

                $

I0= - 70.000

1=     28000 =    -42000

2=    38000 =    -4000

3=     26000 =    22000

Payback period= full years until recovery +

                             unrecovered cost beginning year/Cashflow  during year

Payback period A= 2  + (4000/26000)= 2,1539 years.

<u>Cash Flow B:</u>

                $

I0=   -80000

1=       20000 =   -60000

2=       23000 =   -37000

3=       36000 =    -1000

4=       240000 =   239000

Payback period B= 3 + 1000/240000= 3,0042 years

<u>The payback period for Silva Inc. is 3 years. If considering only this method of evaluating projects, Silva Inc will invest in project A and dismiss project B.  </u>

<u></u>

7 0
4 years ago
Tyler returned $500 worth of merchandise within the discount period. The entry to record the return is which of the following?
Blababa [14]
The answer should be c.
7 0
4 years ago
The management of a facility that manufactures parts for car brakes has a policy of testing only some of the items in each produ
Arisa [49]

Answer:Quality control

Explanation:

The act of supervising all the jobs to achieve the desired excellence is termed as quality control. In general, its purpose is to identify the defects in a lot by checking a few items.

Every company device a method to identify the defects and thus eliminate the defects. Quality control team do not correct the mistake instead they notify another team to correct the defect.

8 0
3 years ago
Mrs. Mulcahy, age 65, is concerned that she may not qualify for enrollment in a Medicare prescription drug plan because, althoug
Kazeer [188]

What should you tell her is: She do not have to enroll under Part B before she enroll in a prescription drug plan.

Medicare prescription drug plan is plan that help to cover all prescribed drugs which means that any person under the plan drugs is covered thereby by saving costs.

Based on the scenario every person who is qualified to Part A or who is enrolled under Part B is qualified to register for Medicare prescription drug plan.

Since she is qualified for Part A, she do not need to register or enroll in Part B before been enrolled in a Medicare prescription drug plan.

Inconclusion What should you tell her is: She do not have to enroll under Part B before she enroll in a prescription drug plan.

Learn more here:

brainly.com/question/2484113

4 0
2 years ago
Drag the tiles to the boxes to form correct pairs.
Mumz [18]

Answer: cost, labor, input, infrastructure

             

Explanation:this did the test on edmentum

6 0
3 years ago
Read 2 more answers
Other questions:
  • Bristo Corporation has sales of 1,000 units at $60 per unit. Variable expenses are 40% of the selling price. If total fixed expe
    6·1 answer
  • Which of the following correctly lists marketing​ intermediaries? A. ​Resellers, physical distribution​ firms, customer​ markets
    7·1 answer
  • The Parvizians own several oriental rug stores in and around the Washington, DC, metropolitan area. It is expected that as each
    12·1 answer
  • Your department store receipt says that you paid a 5% sales tax on sports equipment. This sales tax is an example of a _____.
    11·2 answers
  • Bubba is a shrimp fisherman who catches 4,000 pounds of shrimp per year. He can sell the shrimp for $5 per pound. His average to
    11·1 answer
  • As a consumer eats additional pieces of pizza, total utility will _____.
    11·1 answer
  • A $75,000 loan requires a $1,875 discount point to be paid by seller and a $375 discount point to be paid by the buyer. This is
    14·1 answer
  • The Trektronics store begins each week with 360 phasers in stock. This stock is depleted each week and reordered. The carrying c
    7·1 answer
  • Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation. Calculate the adjusted
    13·1 answer
  • The goal of the managers of a publicly owned company should be to maximize the firm’s.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!