It is letter C because 120x25=3000+500=3,500
Answer:
During Vincent van Gogh's lifetime he sold thousands of artworks. In fact, his brother Theo depended on him for financial support.
False
Explanation:
Vincent van Gogh was one of the most influential and prolific painters of western art. He was a dutch painter born on March 30, 1853 in Zundert, Netherlands. His skill in striking colors, brushwork and forms formed the foundation for modern expressionism. Vincent van Gogh was for the better part of his life not wealthy. After failing in his pursuits, he began taking painting seriously. In 1880, he discovered that he had a true passion for painting, and that he would dedicate the rest of his life as an artist. His major goal as an artist was to console the miserable in the society. “I want to give the wretched a brotherly message,” he mentioned to his bother Theo. Theo was Vincent's brother who an art dealer.
Most of Vincent's work although prolific gained momentum well after his death especially in the late twentieth century. The statement that he sold thousands of artworks during his lifetime and that Theo depended on him for financial support is false since he died penniless.
Answer:
(a) $17,900
(b) $800
Explanation:
Given that,
Current assets = $4,900
Net fixed assets = $27,300
Current liabilities = $4,100
Long-term debt = $10,200
(a) Total assets = Current assets + Net fixed assets
= $4,900 + $27,300
= $32,200
Total liabilities = Current liabilities + Long-term debt
= $4,100 + $10,200
= $14,300
value of the shareholders’ equity:
= Total assets - Total liabilities
= $32,200 - $14,300
= $17,900
(b) Net working capital:
= Current assets - Current liabilities
= $4,900 - $4,100
= $800
Answer:
depreciate
Explanation:
Right now the relative value of the dollar is too high. If we follow the purchasing power parity theory, the value of the US dollar against the euro should be:
current spot rate x (domestic price / foreign price) = ($1.21 / 1€) x ($5 / 3€) = $6.05 / 3€ = $2.0167 per €