Answer:
The total amount of assets is 15,750.
Explanation:
Reproducing the trial balance below for clarity:
Account Title Debit Credit
Cash 12,500
Accounts Receivable 3,250
Accounts Payable 2,800
Common Stock 6,600
Retained Earnings 4,500
Service Revenue 7,450
Operating Expenses 5,100
Dividends 500
Total 21,350 21,350
Calculation of Total Assets:
Total assets = Cash + Accounts Receivable
= 12,500 + 3,250
= 15,750
Note that among the given accounts, accounts cash and accounts receivable are assets; accounts payable is a liability; common stock and retained earnings are part of the capital; service revenue is a form of revenue; while operating expenses and dividends are expenses.
Answer:
The correct answer is $13.900.
Explanation:
To carry out the verification balance, the nature of the accounts presented in the normal balance of the organization must be taken into account. We have that the assets and income have a debit nature, so it is necessary that the corresponding to that premise are:
Accounts receivable $ 1,800 - Active
Insurance expenses $ 1,300 - Expenses
Prepaid insurance $ 2,000 - Expenses
Land $ 3,000 - Active
Cash $ 3,200 - Assets
Salary Expenses $ 1,400 - Expenses
On the other hand there are accounts that despite being of a credit nature, have credit movements as a result of ordinary activities, which would be:
Dividends: $ 1,200 - Debit nature liability
TOTAL DEBITS: $ 13,900
Answer:
$332,000
Explanation:
Initial investment refers to the cash outflow needed to begin a project or start a business. It includes capital expenditure, modification cost, and working capital needed.
Based on this, the initial investment outlay can be calculated as follows:
Initial investment outlay = Base price + Additional modification cost + Net operating working capital = $250,000 + $50,000 + $32,000 = $332,000
Answer:
functional organizational structure
Explanation:
A functional organizational structure organizes employees by grouping them according to their skills, specialties and knowledge (e.g. marketing, finance, engineering departments). They are usually vertical organizations, where each department is semi-independent from the rest, and the heads of the departments report directly to upper management (CEO, CFO, COO).
