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Svetlanka [38]
3 years ago
5

The Tom Smith Corporation has the following items: Cash, $5,000; Machinery, $50,000; Building, $150,000; Note payable bank, $10,

000; Savings, $10,000; Long term debt, $50,000; Accounts payable, $30,000; Taxes payable, $5,000; Accounts receivable, $30,000; Inventory, $10,000; Depreciation Building, $35,000; Depreciation Machinery, $25,000; Land $50,000. Total assets for this Corporation are ?
Business
1 answer:
olga_2 [115]3 years ago
3 0

Answer:

$245,000

Explanation:

Total assets for Tom Smith Corporation can be calculated as follows:

Cash                                                                    $5,000

Machinery,                                                          $50,000

Depreciation Machinery                                    ($25,000)

Building                                                               $150,000

Depreciation Building,                                       ($35,000)

Savings                                                                $10,000

Accounts receivable,                                          $30,000

Inventory                                                             $10,000

Land                                                                     $50,000

Total Assets                                                         $245,000

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Assume that Jane’s marginal propensity to consume equals 0.8, and that in 2004 Jane spent $36,000 from her disposable income of
Hoochie [10]

Answer:

First we need to find the increase in her disposable income by subtracting the old disposable income from the new disposable income.

Old Disposable income= 40,000

New disposable income = 50,000

Change in disposable income = 50,000-40,000= 10,000

Although her mpc is 0.8 we need to find out what proportion of her disposable income does she spend on consumption.

So her disposable income was 40,000 and consumption was 36,000

36,000/40,000= 0.9

This means that Jane spends 90% of her dispoasble income on consumption, so if her disposable income increase by 10,000 her increase in consumption was

0.9*10,000= 9,000

Increase in consumption = $9,000

Explanation:

3 0
3 years ago
Last year a large trucking company delivered 9.5 x 10^5 tons of goods with an average value of $20,000 per ton. What was the tot
Reika [66]
9.5 x 10^5 = 950.000
950.000 x 20.000 = 19.000.000.000
the decimal of 19.000.000.000 is 1.9 x 10^9

hope this help
7 0
3 years ago
Read 2 more answers
A __________ provides a summary of cash coming into and money going out of a firm from operations activities, financing activiti
masya89 [10]

Cash Flow Statement provides a summary of cash coming into and money going out of a firm from operations activities, financing activities, and investing activities.

<h3>What is Cash Flow Statement?</h3>

A financial document called the cash flow statement (CFS) outlines the inflow and outflow of a company's cash and cash equivalents (CCE). The CFS gauges how effectively a business manages its cash position, or how successfully it generates cash to cover its debt payments and finance its operating costs. The balance sheet and the income statement are two of the three primary financial statements, and the CFS is the third. We'll outline the CFS's structure and application to company analysis in this article.

A cash flow statement lists all of the cash and cash equivalents that come into and go out of a business.

A company's cash management, especially how successfully it earns cash, is highlighted by the CFS.

To learn more about Cash Flow Statement from the given link:

brainly.com/question/735261

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8 0
2 years ago
Zachary Manufacturing Company has an opportunity to purchase some technologically advanced equipment that will reduce the compan
Svet_ta [14]

Answer:

IRR = 8%

Don't accept the project

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

IRR can be calculated using a financial calculator:

Cash flow in year 0 = -9,187,846.67

Cash flow each year from year 1 to 11 = 1287000

IRR = 8%

Because the IRR is less than the hurdle rate, the project shouldn't be accepted.

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

6 0
3 years ago
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aev [14]

Answer: Enablers

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Years ago, 54 leadership experts from 38 countries reached a consensus on leadership.

They agreed that leadership should be about influencing, motivating, and enabling others to contribute towards the goals of the Organization that they work for.

This consensus had 2 parts.

Firstly, leaders motivate others through persuasion and otherinfluence tactics.

Secondly and relatively more important in this question, leaders act as ENABLERS.

They ENABLE those under them by distributing resources, minimizing disruptions and just generally by being leaders to their subordinates to make it easier for the goals and objectives of the company to be realized.

3 0
3 years ago
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