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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

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Jensen Co. expects to pay €50,000 in one month for its imports from France. It also expects to receive €200,000 for its exports
Julli [10]

Answer:

-$5,873

Explanation:

For computation of maximum one month loss in dollars first we need to find out the net exposure and maximum one month loss in percentage which is shown below:-

Net exposure = Received amount - Paid amount

= €200,000 - €50,000

= €150,000

Maximum one - month loss in Percentage = Next month percentage - (Alpha × Euro percentage)

= 2% - (1.96 × 2.5%)

= -2.9%

Maximum one - month loss in Dollars = Net exposure × Current spot rate of the euro × Maximum one - month loss in Percentage

= €150,000 × $1.35 × (-0.029)

= -$5,873

5 0
3 years ago
A witness statement is a primary source.<br> ✅True<br> - False
ohaa [14]

Answer: true

Explanation:

7 0
2 years ago
Read 2 more answers
The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called
Juli2301 [7.4K]

The question is incomplete:

The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called:

a. Ethnocentric staffing policy

b. Polycentric staffing policy

c. Geocentric staffing policy

d. None of the above

Answer:

Geocentric

Explanation:

-Ethnocentric staffing policy is when a business that has global operations seeks the people for key positions from the home country.

-Polycentric staffing policy is when a company seeks employees in the home country for positions in the headquarters and people from other places for the other offices abroad.

-Geocentric staffing policy is when a company seeks the best person for each position without considering the nationality or culture.

According to this, the answer is that the staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called geocentric staffing policy because the company only focuses on the person that best fits the position without considering the nationality.

6 0
3 years ago
Later, the teaching assistant in Bob's chemistry course gives him some advice. "Based on past experience," the teaching assistan
77julia77 [94]

Answer:

1 hour working on problems, 3 hours reading

Explanation:

the question is not complete:

Bob is a hard-working college freshman. One Tuesday, he decides to work nonstop until he has answered 200 practice problems for his chemistry course. He starts work at 8:00 AM and uses a table to keep track of his progress throughout the day. He notices that as he gets tired, it takes him longer to solve each problem.

Time                   Total Problems Answered       Marginal gain

8:00 AM                         0    

9:00 AM                        80                                        80

10:00 AM                     140                                        60

11:00 AM                      180                                        40

Noon                          200                                        20

Since Bob's is able to answer more than 70 questions per hours only during one hour (from 8 to 9 AM), he can benefit more from reading the next 3 hours. Reading would be equivalent to answering 210 questions, while Bob was only able to answer 120 more questions in the following 3 hours.

6 0
3 years ago
At Zooey’s elementary school, children are not allowed to trade lunches or components of their lunches with other students. Lunc
Pachacha [2.7K]

Answer: c. preventing a market that would generate mutually beneficial trades.

Explanation:

Zooey could argue that the policy of lunch trades is preventing a market that would generate mutually beneficial trades because if people were allowed to trade what they want for what they have with people who have what the first person wants and wants what the first person has, that can be beneficial to both of them.

It is not unlike the system of batter trading that existed before money where people traded what they had for what they wanted.

One should be very careful here though because there are multiple disadvantages involved such as kids exchanging away more nutritious food and food poisoning.

5 0
3 years ago
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