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Svet_ta [14]
1 year ago
6

Tamarisk, inc. has assets of $4393000, common stock of $1077000, and retained earnings of $604000. what are the creditors’ claim

s on their assets?
Business
1 answer:
Kamila [148]1 year ago
4 0

$2712000 are the creditors’ claims on their assets.

The given assets = $4393000, common stock = $1077000, retained earnings = $604000, creditor's = ?

libilities = assets

creditors + common stock + retained earnings = assets

creditors + $1077000 + $604000 = $4393000

creditors + $1681000 = $4393000

creditors = $4393000 - $1681000

creditors = $2712000

Hence, creditors' claim on their assets is $2712000.

Still, a car is an assets if it's cheaper than what you paid for it because it's readily available on the market and can be turned into cash. That alone, by definition, makes it an asset. It's these additional costs and constant depreciation that make a car worthless.

Learn more about assets at

brainly.com/question/25821437

#SPJ4

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The trial balance of Barger Company at the end of the accounting period, immediately prior to recording closing entries, showed
sesenic [268]

Answer:

The balance of the retained earnings account after the closing entries are recorded will be $17,600

Explanation:

Net income of Barger Company = Service revenue - Expenses = $43,000 - $38,400 = $4,600

The balance of the retained earnings account after the closing entries are recorded = The balance of the retained earnings account before the closing entries are recorded + Net income - Dividends  = $14,000 + $4,600 - $1,000 = $17,600

8 0
3 years ago
Genrapay Inc., a multinational firm, has a branch of operations in a country. Due to rampant militant nationalism, the governmen
lina2011 [118]

Answer:

Nationalization is when a domestic government reimburses a foreign company for its assets after taking it over.

Explanation:

3 0
2 years ago
You are browsing through job listings for global marketing-related jobs on Monster. One job catches your attention because it li
Andrei [34K]

Answer:

(b) The candidate will be involved in setting up an independent division with responsibility for robotic equipment production and marketing.

Explanation:

  • As an area of global marketing deals with the setting up of strategies for the development of marketing plans for the company. By adjusting the strategies that are well suited to other countries form a global point of view.
  • Hence the candidates that come from the different locations will be more interested in setting up divisions that look after the promotion and distribution of products, people and processes to deliver good results.
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3 0
3 years ago
Capital budgeting is concerned with making and managing expenditures on:________
vovangra [49]

Answer:

on your goal or achievement

7 0
2 years ago
Light emitting diodes (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typica
tangare [24]

Answer:

Annual wattage cost of 60 watts is $3.729

Annual LED cost of 60 watts is $0.185

total annual cost = $3.914

Annual wattage cost of 15 watts is $0.935

Annual LED cost of 15 watts is $0.125

total annual cost = $1.06

l

Explanation:

For the cost of LED and durability

it is require to use a light fixture 500 hours per year

60-watt incandescent light bulb costs $.37 and lasts 1,000 hours. that mean, its last for 2years before buying a new one.

And for a 15-watt LED,  costs $3.00 and lasts for 12,000 hours, thats means it will last for 24 years before purchase of another.

assuming, will are using the 60watts for 24years, a cost of  $.37*12times = $4.44 will be use for buying.

therefore, a 15 watts LED is more cheaper.

For the current charges of LED

for 60watts

if A kilowatt-hour of electricity costs $.113 =

1000 watts = 1hour = $0.113

60 watts  = 1hour  = (60*0.133/1000) = $0.0068

it is said that, the consumption is for 500 hour per year.

therefore, 60watts used per year = 500*0.0068 = $3.39

return of 10% =0.339.

total cost of watts for 500hr for a year = 3.39+0.339 = $3.729

Annual wattage cost of 60 watts is $3.729

Annual LED cost of 60 watts ($0.37/2year) is $0.185

total annual cost = $3.914

for 15 watts

if A kilowatt-hour of electricity costs $.113 =

1000 watts = 1hour = $0.113

15 watts  = 1hour  = (15*0.133/1000) = $0.0017

it is said that, the consumption is for 500 hour per year.

therefore, 15 watts used per year = 500*0.0017 = $0.85

return of 10% =0.085.

total cost of watts for 500hr for a year = 0.85+0.085 = $0.935

Annual wattage cost of 15 watts is $0.935

Annual LED cost of 15 watts ($3/24 years) is $0.125

total annual cost = $1.06

6 0
3 years ago
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