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Afina-wow [57]
3 years ago
6

Donielle opened a revolving line of credit with a $4,000 credit limit. How much does she

Business
2 answers:
ValentinkaMS [17]3 years ago
7 0
The answer is B 3,100.00
nika2105 [10]3 years ago
5 0

Answer:

B

Explanation:

1100-200

4000-900

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Diane Corporation is preparing its year-end balance sheet. The company records show the following selected amounts at the end of
Ghella [55]

Answer:

Diane Corporation

The amount of current liabilities is:

=  $106,600.

Explanation:

a) Data and Calculations:

Total assets $ 550,000

Total noncurrent assets 352,000

Liabilities: Notes payable (8%, due in 5 years) 21,000

Accounts payable 51,000

Income taxes payable 14,000

Liability for withholding taxes 4,000

Rent revenue collected in advance 9,000

Bonds payable (due in 15 years) 100,000

Wages payable 9,000

Property taxes payable 5,000

Note payable (10%, due in 6 months) 14,000

Interest payable 600

Common stock 250,000

Current liabilities:

Accounts payable                                $51,000

Income taxes payable                           14,000

Liability for withholding taxes                4,000

Rent revenue collected in advance      9,000

Wages payable                                      9,000

Property taxes payable                         5,000

Note payable (10%, due in 6 months) 14,000

Interest payable                                       600

Total current liabilities =                 $106,600

b) Current liabilities represent the debts that Diane owes creditors within the current accounting period.  They have short-term duration or are due to be repaid within the next 12 months.

3 0
3 years ago
A company used $35,000 of direct materials, incurred $73,000 in direct labor cost, and had $114,000 in factory overhead costs du
morpeh [17]

We can calculate the cost of goods manufactures using the formula:

Total Cost = Cost of Direct Materials + Direct Labor Cost + Overhead Cost – Inventory

Substituting the known values:

<span>Total Cost = $35,000 + $73,000 + $114,000 – ($32,000 - $28,000)</span>
Total Cost = $218,000      -----> ANSWER

We deduct the initial from the final inventory to get the balance.          

<span> </span>

5 0
3 years ago
Suppose a stock had an initial price of $54 per share, paid a dividend of $1.30 per share during the year, and had an ending sha
ioda

Answer:

Use the equation for total return:

total stock return= (P1-P0)+D/P0

P0=Initial Stock Price

P1=Ending Stock Price (Period One)

D=Dividends

-3.15%---Percentage of total return

Dividend Yield-2.41%

Capital Gains-- -5.56%

8 0
3 years ago
PLEASE ANSWER ASAP! Which of the following statements are true about brokerage firms? (Select all that apply.)
Zepler [3.9K]

Answer:

C and E.

Explanation:

Brokerage Firms are those firms that acts an a middlemen between the buyer and a seller to expedite a transaction. It is a financial institutions that ease the buying and selling of securities. These companies also charge a amount of fee or compensation on the completion of transactions. A brokerage firm is also known as brokerage company or brokerage.

There are three types of brokerage firms. They are:

  1. Full-service brokerage
  2. Discount brokerage
  3. Robo-advisors.

The discount brokerage provides less comprehensive services than the traditional one or the full-service brokerage. These services are provided via online as well by discount brokerage.

So, from the given options the correct options are C and E.

6 0
3 years ago
As recently as 20 years ago, circuses came to town with tents, animals, clowns, and other performers. An advance man arrived abo
Yanka [14]

Answer:

Market

Explanation:

7 0
2 years ago
Read 2 more answers
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