Answer:
b. $6,200
Explanation:
<u>Assets:</u> things or right owned by the company which can generate cash in the future
<u>Liabilities:</u> obligation to pay or do from the company in favor of third parties.
<u>Equity:</u> capital accounts and earnings from the business
Based on this definition we can determinate the following liabilities accounts:
Accounts Payable 1,900
Notes Payable <u> 4,300 </u>
Total liabilities 6,200
Answer:
COGS= $543,000
Explanation:
Giving the following information:
Cost of goods manufactured for the period 548,000
Finished Goods Inventory, January 1 44,000
Finished Goods Inventory, December 31 49,000
<u>To calculate the cost of goods sold (COGS), we need to use the following formula:</u>
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 44,000 + 548,000 - 49,000
COGS= $543,000
It’s the answer C) 55,000
An increase in the interest rate increases the opportunity cost of holding money and leads to a reduction in the quantity of money demanded
<h3>What is
opportunity cost ?</h3>
The opportunity cost of a particular activity option in microeconomic theory is the loss of value or benefit that would be incurred by engaging in that activity, as opposed to engaging in an alternative activity that offers a higher return in value or benefit.
The value of the next best alternative or option is referred to as the opportunity cost. This value may or may not be monetary. Value can also be measured using other criteria such as time or satisfaction. One formula for calculating opportunity costs could be the ratio of what you give up to what you gain.
To know more about opportunity cost follow the link:
brainly.com/question/1549591
#SPJ4
Answer:
Net income = $3000
C. $ 3 comma 000
Explanation:
For a company, net income is the residual amount of earnings after all expenses have been deducted from sales. In short, gross income is an intermediate earnings figure before all expenses are included, and net income is the final amount of profit or loss after all expenses are included.
In this case.. There is only a buy and a sell trade.
Net income= selling price- cost price
Net income= $52000-$49000
Net income = $3000
