Answer: $428,000
Explanation:
Given that,
Accounts payable = $62,000
Accounts receivable = 100,000
Cash = 30,000
Inventory = 138,000
Land = 160,000
Common Stock = 200,000
Revenue = 80,000
Dividends = 56,000
Expenses = 40,000
Total assets = Accounts receivable + Cash + Inventory + Land
= 100,000 + 30,000 + 138,000 + 160,000
= $428,000
Corporations use social media for various purposes, but from the available options, the two ways they are most commonly used is for (B) advertise their services and check the market and (D) keep up with the latest industry news.
Advertising their services can lead to increased sales for corporations since people nowadays use their social media a lot. Keeping up with the latest industry news would also be helpful for corporations in using the right approach for advertising as well as creating product diversification that are suitable for the market they are aiming for.
Answer:
The correct answer is option d.
Explanation:
The fixed costs incurred in the production process of a good or service is the cost incurred on the fixed factors. These factors cannot be varied in the short run.
Fixed cost does not depend on the level of output. It does not change with the change in the volume of output.
In the given example, the cost incurred on the composition typesetting and jacket design for the book does not change with the volume of output. So these costs are the foxed cost involved in publishing a book.
The inflation rate formula is ( CPI2 - CPI1 )
-------------------- x100
CPI1
CPI2 = Price of the latter date
CPI1 = Price of the earlier date
So the latter price is $32.7 and the earlier is $32 (I'm assuming you mean the inflation from January to February)
Then plug in the numbers ( 32.7 - 32 )
---------------- x100
32
32.7 - 32 = .7/32 = .021875 x 100 = 2.1875
Which means the answer would be if you round 2.2%
Answer: C - $0; $40,000
Explanation: From the above question, the phrase 3/10, net 60 means Henry is entitled to a 3% discount if payment is make on or before the 10th day while the net 60 means that the invoice is due in 60 days anytime after the 60th day, the invoice becomes overdue.
From the question, the invoice total is $40,000. since payment was made on the 20th day, it means Henry is not entitles to any discount and so has to pay the whole of $40,000 on the invoice.
