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3 years ago

11. Before adding cream to a simmering soup, you need to

Business

1 answer:

TEA [102]3 years ago

6 0

Answer:

simmer the cream

Explanation:

Don't add cold milk directly into a hot liquid. Instead, whisk small amounts of the hot liquid into the cold milk. When the milk is warm, then add it into the hot liquid. This process is called tempering. Or, simply heat the milk gently in a saucepan before adding it.

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Unadjusted net income equals $ 8,500. Calculate what net income will be after the following adjustments:

Amanda [17]

Answer:

adjusted net income 8,555

Explanation:

unadjusted net income 8,500

earned revenue 900

salaries expense (550)

interest expense (90)

supplies expense <u> (205) </u>

adjusted net income 8,555

The salries are considered expense,

the interest due are the interest accrued in a note payable

the supplies used are the supplies expense

the unearned revenue beomes earned through time adn by, providing services. It increase the total reveneu for the period.

8 0

4 years ago

Neal's home has been foreclosed on and sold at a Sheriff's sale. The sale brought in $500,000 and the total liabilities on the h

julsineya [31]

Neal receives the additional $75,000.

<h3>What are liabilities?</h3>

A liability is defined in financial accounting as the future sacrifices of economic benefits that an entity is obligated to make to other entities as a result of past transactions or other past events, the resolution of which may result in the transfer or use of assets, provision of services, or another future yielding of economic benefits.
A company's assets are what it owns, while its liabilities are what it owes.

Both are included on a firm's balance sheet, which is a financial statement that demonstrates the financial health of the company.
Equity, or an owner's net worth, is equal to assets with fewer liabilities

Liability Examples -

Bank indebtedness Debt from a mortgage.
Suppliers owe money (accounts payable) Wages are owing.
Taxes are owing.

In the given situation Neal was the owner and so it will have the liability of $425,000 and the additional amount of $75,000.

Therefore, Neal receives the additional $75,000.

Know more about liabilities here:

brainly.com/question/24534918

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4 0

2 years ago

Which of the following is most important to keep in mind when coming up with ideas for new products

Tcecarenko [31]

What are the options?

3 0

4 years ago

The primary purpose of the trial balance is to: 1.prove the equality of the debit and credit amounts after posting. 2.transfer j

coldgirl [10]

Answer:

1.prove the equality of the debit and credit amounts after posting.

Explanation:

There are two columns in the trial balance, called debit columns and columns of credit. The total columns of debit and credit should always equaled. The debit columns report assets and expenditures side while profits, stockholder equity, and the liability side are reported in the credit column.

Its main purpose to equate and the prove the both side of the columns after posting of transactions

8 0

4 years ago

ABC Corporation has 2.8 million shares of stock outstanding. The stock currently sells for $50 per share. The firm’s debt is pub

Hoochie [10]

Answer:

13.38%

Explanation:

The formula to compute WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of common stock) × (cost of common stock)

where,

Market value of equity = 2,800,000 × $50 = $140,000,000

Market value of debt = 10,000,000 × 95% = $9,500,000

Weighted of debt = Debt ÷ total firm

The total firm includes debt, preferred stock, and the equity which equals to

= $140,000,000 + $9,500,000

= $149,500,000

So, Weighted of debt = ($9.5 million ÷ $149.50 million) = 0.0635

And, the weighted of common stock = (Common stock ÷ total firm)

= $140 million ÷ $149.50 million

= 0.9364

And, the cost of equity = risk free rate of return + Beta × market risk premium

= 5% + 1.25 × 7%

= 5% + 8.75%

= 13.75%

Now put these values to the above formula

So, the value would equal to

= ( 0.0635 × 12%) × ( 1 - 35%) + (0.9364 × 13.75%)

= 0.4953 + 12.88%

= 13.372%

7 0

3 years ago