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1 year ago

The equity of alliance company is and the total liabilities are . the total assets are ________.

Business

1 answer:

ludmilkaskok [199]1 year ago

5 0

The equity of Alliance Company is $160,000 and the total liabilities are $80,000. The total assets are $2,40,000.

According to the accounting equation:

ASSETS= EQUITY+LIABILITIES

ASSETS= 1,60,000+80,000

ASSETS= $2,40,000

The total assets are $2,40,000.

Complete Question: The equity of Alliance Company is $160,000 and the total liabilities are $80,000.

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Answer:

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3 years ago

Revenue and Cash Receipts Journals Transactions related to revenue and cash receipts completed by Sycamore Inc. during the month

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Answer and Explanation:

The Preparation of revenue Journal and cash receipts Journal is shown below:-

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3 years ago

A stock’s price fluctuations are approximately normally distributed with a mean of $29.51 and a standard deviation of $3.87. You

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Answer:

$34.46

Explanation:

In this Question there is Highest value of 10% and the probability of 90%.

we will use following formula to calculate the highest value of the stock

z value = ( x - mean ) / Standard deviation

where

x = the highest value

z score value at 10% = 1.28

Placing value in the formula

1.28 = ( x - $29.51 ) / $3.87

1.28 x $3.87 = x - $29.51

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3 years ago

For each of the following situations, identify (1) the case as either (a) a present or a future value and (b) a single amount or

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Answer:

a. The present value of a future value of $10,000 is $7,310.

b. The present value of an annuity for a future value of $10,000 is $1,043.54.

c. Yes, you will retire with $1,036,226.07 .

Explanation:

a) Data and Calculations:

Future value = $10,000

Interest - 8% compounded semiannually

Period of investment = 4 years

Using the present value table, the discount factor of 0.731, the future value of $10,000 is $7,310

b) You will need to contribute $1,043.54 at the beginning of each period to reach the future value of $10,000.00.

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PV (Present Value) $7,306.90

N (Number of Periods) 8.000

I/Y (Interest Rate) 4.000%

PMT (Periodic Payment) $1,043.54

Starting Investment $0.00

Total Principal $8,348.30

Total Interest $1,651.70

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PV (Present Value) $47,698.45

N (Number of Periods) 40.000

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PMT (Periodic Payment) $4,000.00

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Total Interest $876,226.07

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3 years ago