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
soldier1979 [14.2K]
3 years ago
5

During 2017, the gateway city government recorded a $15,000 transfer from the general fund to an internal service fund; a $25,00

0 transfer from the general fund to an enterprise fund; a $10,000 transfer from an enterprise fund to an internal service fund, and a $5,000 transfer from an enterprise fund to the general fund. in the business-type activities column of the government-wide financial statements, gateway city should report:
Business
1 answer:
Salsk061 [2.6K]3 years ago
7 0
The awnser would be 55000 dollars
You might be interested in
The name of a key is based on the name of the corresponding .
Nata [24]
Vas happenin!!

Scale is for to find your note or key

Clef is the beginning of the notes

Pitches are for singing

Signature is your own voice

I would go with scale


Hope this helps

-Zayn Malik
5 0
2 years ago
Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org). Determine the specific eight-digit Codific
Rzqust [24]

Answer:

1. Reporting most changes in accounting principle.

FASB ACS 250-10-45-5.

Title - "Accounting changes and Error corrections - Overall - Other presentation matters - Change in Accounting principle"

2) Disclosure requirements for a change in accounting principle:

FASB ACS 250-10-50-1 :

Title - "Accounting changes and Error corrections - Overall - Disclosure - Change in accounting principle"

3) Illustration of the application of a retrospective change in the method of accounting for Inventory :

FASB ACS 250-10-55-3

Titles - "Accounting changes and Error corrections - Overall - Implementation guidance and Illustrations -Retrospective application of a change in Accounting principle."

8 0
2 years ago
Give examples of how we do not recognize people as having these rights but make them conditional on success in the marketplace.
Helen [10]

Answer:

Thomas Edison

Explanation:

Thomas Edison early life was very normal. He was born in a poor family. His mother was a school teacher. Thomas Edison did not get recognition until he was successful in inventing the bulb. He did many experiment which failed and no one supported him during this era. He continued his hard work and finally his one of experiment became successful and he invented a bulb. The world then recognized his efforts and made him a hero. His recognition was only based on the success of his experiment and the marketplace.

3 0
2 years ago
Presented below is information related to the purchases of common stock by Flint Company during 2020. Cost (at purchase date) Fa
Alona [7]

Answer:

Solution attached in picture

Explanation:

5 0
3 years ago
In mid-2015, Qualcomm Inc. had $13 billion in debt, total equity market value of $87 billion and an equity beta of 1.41. Include
lesya692 [45]

Answer:

A) Qualcomm's enterprise value= $95 billion

B) Asset Beta of Qualcomm’s business = 1.29

C) Qualcomm's WACC= 7.931%

Explanation:

The question relates to Capital asset pricing model (CAPM) which is used to calculate the required return from an investment given the level of risk associated with the investment. Now there are many risk that the level of cash flows and hence the required return from an investment such as systematic and unsystematic risks, business and finance risks etc.

The requirements of the question are as follows:

a)What is Qualcomm’s enterprise value?

b)What is the beta of Qualcomm’s business assets?

c)What is Qualcomm’s WACC?

The first two requirements will help us compute requirement C so we begin solving it form A as follows:

A) Qualcomm's enterprise value= ve- vd +va

ve= value of equity

vd= value of debt

va= value of asset

Qualcomm's enterprise value= $87b - $13b +$21b

Qualcomm's enterprise value= $95 billion

B) Beta of Qualcomm’s business assets:

Now beta is an index used to measure systematic risks (risks posed by macro-economic factors such as tax, interest rates etc). There are two beta indexes, asset beta and equity beta. Asset beta measures business risks only and equity beta measures both business and finance risks. In the question we already have equity beta so we need to calculate asset beta in order to compute Qualomm's WACC.

ba = be× ve/enterprise value

ba = asset beta

be= equity beta

ba= 1.41× $87÷$95

Beta of Qualcomm's business= 1.29

C) Qualcomm’s WACC:

The formula is as follows:

Ke= Rf + (market premium)× ba

ke = WACC

Rf= risk free rate of interest

ba= asset beta

ke= 2.9% + (3.9% ×1.29)

ke/WACC= 7.931%

8 0
3 years ago
Other questions:
  • When statements in a business message contain full and unambiguous meaning, the business message is said to be
    9·1 answer
  • Which type of tort is unjustified or unfair damage to the reputation of a person or organization? A. Interference B. Defamation
    7·2 answers
  • To help finance a major expansion, Top Fashion Company sold a noncallable bond several years ago that now has 20 years to maturi
    7·1 answer
  • Good weather in central and south america increases the supply of coffee beans by 25%. This can be expected to cause _______ in
    15·1 answer
  • To minimize the temptation for managers to act in their own self-interest, governance mechanisms exist for implementation consid
    11·1 answer
  • Calculate the price elasticity of supply for Bobbie's Bakery's sourdough loaf. When the price changes by 23 % 23% , the quantity
    7·1 answer
  • Summarize your results of the personality assessment and how you think these elements might help or hinder you as a leader.
    5·1 answer
  • Agency problems are most likely to be associated with?
    6·1 answer
  • You are evaluating a potential purchase of several light-duty trucks. The initial cost of the trucks will be $194,000. The truck
    8·1 answer
  • because it produces and distributes a specific type of cultural product for public consumption to profit financially, a video ga
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!