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Artist 52 [7]
3 years ago
13

Below are some of the accounts that Company J has on their books:

Business
1 answer:
pogonyaev3 years ago
6 0

Answer:

b) $1,900

Explanation:

The computation of the total liabilities is shown below:

= Accounts Payable + Deferred revenue

= $700 + $1,200

= $1,900

The other items are related to the expenses which are shown in the income statement and current assets which are shown on the balance sheet

Therefore, only two items are shown in the total liabilities.

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Refer to Exhibit 31-4. If a negative externality exists, then curve __________ represents the marginal social cost curve and the
IrinaK [193]

Answer:

Demand

Consumer interference

Explanation:

The social demand curve represents the benefit of demand to the whole society whereas the normal demand curve represents the benefits to the consumers only. The demand curve represents the social cost curve and the market failure is analyzed by the customer interference.

7 0
3 years ago
Sheila and Jim live in an island where they are the only two workers. Sheila can either catch 10 fish or gather 40 pounds of ber
Firlakuza [10]

Answer:

SHEILA

Explanation:

A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people.

Sheila's opportunity cost in producing berries = 10/40 = 0.25

Jim's opportunity  cost in producing berries = 8/24 = 0.33

Sheila has a lower opportunity cost in the production of berries and thus has a comparative advantage in the production of berries

7 0
3 years ago
A company purchased a piece of equipment for $350,000 in 2008. As of 12/31/2015, $215,000 of depreciation expense had been recog
zhuklara [117]

Answer:

The equipment's net book value on 12/31/2015 is $ 135000.

Explanation:

Net book value of the equipment on 12/31/2015 is given by:

Net book value = cost of the equipment - depreciation expense recognized until 12/31/2015

                          = $ 350000 - $ 215000

                          = $ 135000

Therefore, the equipment's net book value on 12/31/2015 is $ 135000.

7 0
3 years ago
Founders should be wary of crowdfunding sites like Kickstarter, because these efforts require founders to give up large ownershi
Westkost [7]

Answer:

B. False

Explanation:

As the name suggests that crowdfunding refers to the funding for a project by having a small amount from the public at large in an internet

Since in the question it is mentioned that the founders should put efforts for giving the high stake of ownership with respect to high contributors before raising the funds to launch a product in the market

But this above requirement should not be necessary

Therefore the given statement is false

5 0
3 years ago
Based on the graph below, if January and February are the two coldest months, what can you conclude about the selling of French
Over [174]
January and February are the 2 worst months to make a large profit by selling french fries. The most sold are during September and November. These months are much warmer than January and February.
7 0
3 years ago
Read 2 more answers
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