Answer:
Total current liabilities 85.008,33
Explanation:
current liabilities: obligations that will setlte within a one-year period
<em />
<em>accounts payable</em> from the purchase of equipment:
cost: 176,500
paid: <u> (125,900) </u>
balance: 50,600
<em />
<em>waranty liaiblity:</em>
191,000 x 5% = 9,550
<em>sales tax payable:</em>
sales for 191,000
paid for <u> (141,000) </u>
unpaid for 50,000 x 6% = 3,000
<em>note payable</em> with a local bank:
principal: 21,500
accrued interest: 21,500 x 5% x 1/3 = 358,33
net: 21,858.33
<u>Total current liabilities:</u>
accounts payables 50,600
warrant liability: 9,550
sales tax payable: 3,000
note payable: <u> 21,858.33 </u>
85.008,33
Her gross income for the year would be $28,595
I would say B. Quick cash loans. Interest rates are very high & not a good idea in borrowing money. They are designed for people who have poor credit ratings & have no other means to borrow money.
The answer that completes the statement above is DECREASED DRASTICALLY. There has been an extreme decrease of the cost of the software, hardware, and telecommunications services that are required in order to create a Website because of the high availability of different kinds of softwares, and hardwares. The supply of these services is also increased over the last decade making its cost experience a substantial decrease.
