<span>A combination of a big down payment, a longer term loan, and a lower interest rate is expected to result into a low monthly mortgage payment.</span><span />
Walter Co. is a manufacturer because it uses raw materials, and has a stock of merchandise inventory, work-in-progress inventory, and finished goods inventory. The current assets of Walter Co. will be:
Current Assets:
Cash 6,000
Inventories
Raw materials inventory 21,000
Work in progress inventory 40,000
Finished goods inventory 25,000
Merchandise inventory 48,000
Total inventory 1,34,000
Other assets
Accounts receivable 41,000
Prepaid expenses 1,000
Current assets 2,22,000
A manufacturing company is a company that takes in raw materials processes the raw materials and then sells the finished goods manufactured in the market. So the current assets section of the balance sheet of Walter Co. is given which will be written on the right side of the balance sheet.
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Answer:
could likely result in a notable loss of sales to competitors
Explanation:
In the case of the perfect competitive market wheen the price of the firm is increased from $179 to $199 as compared to the prevailing market price so this means that there should be the loss with respect to the sales for the competitors or rivalrs as this would result the firm to lose its overall shares to its rivalry
Therefore the above statement should be considered true
Answer:
B. $ 23 comma 000 $23,000
Explanation:
Following equation to calculate the common stock Value
Total Debit = Total Credit
40,500 = $17,500 + Common stock value
Common stock value = $40,500 - $17,500 = $23,000
<u>Accounts with Credit balances</u>
Accounts Payable $7,000
Revenue $6,000
Common Stock ?
Notes Payable $4,500
Total Debit balances $17,500
<u>Accounts with Debit balances</u>
Cash $3,000
Expenses $16,500
Furniture $10,000
Accounts Receivable <u>$11,000</u>
Total Debit balances 40,500
Answer:
False
Explanation:
Have you ever heard the phrase "there are lies, [email protected] lies and statistics"?
The only way that a statistical study be 100% confident is that it involves everyone or everything. For example, if you want to carry on a study about how many US college students drive, in order to be 100% confident of the result, you would need to interview all the college students in the country.