1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lynna [10]
3 years ago
8

Wims, Inc., has current assets of $3,900, net fixed assets of $26,500, current liabilities of $3,400, and long-term debt of $7,5

00. a. What is the value of the shareholders' equity account for this firm?
Business
1 answer:
STALIN [3.7K]3 years ago
8 0

Answer:

equity = $19500

Explanation:

Given data:

current assets $3900

net fixed assets $26,500

current liabilities $3400

debt = $7500

Total liabilities = current liabilities + long term debt

                         = 3400 + 7500 = $ 10,900

Total assets = current assets + net fixed assets

                     = 3900 + 26,500 = $30,400

We know

total assets  = total liabilities + equity

30400 = 10900+ equity

equity = $19500

You might be interested in
A researcher developing scanners to search for hidden weapons at airports has concluded that a new scanner isis significantly be
Masteriza [31]

There is not enough information in this question to answer it. You cannot determine significance with just the alpha value. You need the actual test statistic (p-value) to determine this.

If the p-value is less than the alpha value, you reject the null hypothesis (the there is no difference).

3 1
3 years ago
Which career would organize, train, and support teachers and educational workers to help them provide better
Tresset [83]

Answer:

(C)

Explanation:

Hope It Helps  ;)

7 0
3 years ago
Read 2 more answers
Jennifer is divorced and files a head of household tax return claiming her children, ages 4,7, and 17, as dependents. Her adjust
Stells [14]

Answer:

Ans: $ 3900 The correct answer is :

Explanation:

Explanation:

1) For  2018  phaseout  limit  for  AGI  is  $  200,000  

2)  The  credit  phaseout  by  $  50  for  each  $1000  of  MAGI  Over thereshold.

3)  $  211,200  -  $  200,000 =  $11200

4)  $11,200  ÷  $ 1000  =  11.2

=  $  12  (Round it off )

5)  $  12  ×  $ 50    = $ 600 phase out

6) Child  Credit  Per  child  is  $  2000.

7)  ( 2  kids  x  2,000  each )  -  600  =  3,400

8)  3,400  +  500 (1  kid  17  and  over )  = 3,900

3 0
3 years ago
Rose decides she wants to begin her own business, marketing toward online game players. Which of the following best answers the
Licemer1 [7]

The given option is incorrect

The right answer is Paint Space game Online character portraits to sell on her website

Explanation:

It is one of the most important points for your viewers as part of online gaming marketing strategies. Continue posting all your game related things to increase your product thirst. gamer. The higher the number of shares, the higher the chat, all around.

This is another important component of their marketing strategy for online gaming.

Prepare a list of contacts to help them with their game's press release.

As part of their online gaming marketing strategy, it is important that they develop their own website. It will help connect all of their social media accounts to one location and provide an opportunity to track their followers for regular updates.

6 0
3 years ago
In which type of economy would both private businesses and the government influence the factors of production, and why
pashok25 [27]

A mixed economy is where both private businesses and the government influence the factors of production.

3 0
3 years ago
Other questions:
  • Copywriters can correlate the visual and headline to the _____ step of the creative pyramid.
    12·1 answer
  • July Company currently outsources a relay switch that is a component in one of its products. The switches cost $20 each. The com
    13·1 answer
  • A consumer values a car at $525,000 and a producer values the same car at $485,000. If the transaction is completed at $510,000,
    5·1 answer
  • Integrated Masters Inc. (IMI) is presently operating at 80% of capacity and manufacturing 131,000 units of a patented electronic
    10·1 answer
  • Suppose that you take $150 in currency out of your pocket and deposit it in your checking account. If the required reserve ratio
    11·1 answer
  • Cullumber Co. processes jam and sells it to the public. Cullumber leases equipment used in its production processes from Marin,
    12·1 answer
  • A scientist has samples of both nitrogen (N2) and hydrogen (H2). Both of these substances are odorless, colorless gases at room
    12·1 answer
  • Why is it important to track your income and your expenses?
    9·1 answer
  • Can som on pls help me ​
    9·1 answer
  • What are Convention hotels? Give an example
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!