Answer:
The amount of current assets are $252,000
Explanation:
Current assets: The current assets are those assets who are converted into cash within one year. Like - accounts receivable, cash, inventory, prepaid insurance, etc.
The total amount of the current assets are shown below:
= Accounts receivable + Cash + Inventory + Short-term investments + Prepaid insurance
= $100,000 + $70,000 + $80,000 + $2,000
= $252,000
The other items represent current liabilities, long term liabilities, intangible assets, and the fixed assets so, we do not consider them in the computation part.
<h2>A company cannot run without marketing department. They bring source to the company through which the company gains money / make money.</h2>
Explanation:
- As stated earlier no company exists without sales team.
- They actually bring business to the organization.
- So to answer the first question, all the company need sales people to promote and run business.
The type of company which I would like to start up myself would be an Training institute. My dream organization need,
- Need sales team to pitch and get people and indirectly bring business
- Admin team to indirectly counsel students / trainees to join in course
- A team of trainers to train candidates
- An "Accounts team" to take care of pay in/out
- Team of leads to various department to pass on the work flow
Trevor restores antique cars and sells them for profit. This is an example of CAPITAL GAINS income.
Capital Gain is a profit earned from the sale of a property or an investment. It is not only limited to vehicles. It is also applicable to real estate sales. Every Capital Gain has its corresponding taxes to be paid to the government.
Answer:
Money available for loans is $18,750
Explanation:
The formula for calculating the total amount of money a bank can loan is:
money available for loans = (1 - required reserve ratio) x total deposits
money available for loans = (1 - 25%) x $25,000 = 75% x $25,000 = $18,750
Ursula's mom is most likely an authoritative parent.
Explanation:
Authoritative parenthood is a childhood style of strong sensitivity and heavy demands. Authoritative parents respond with high expectations to the children's emotional needs. They set boundaries and enforce borders very systematically.
Oppressive and oppressive parents are strict and want their children a lot. Conservative and moist dominant parents, yet conservative and cold oppressive parents.
Authoritative parents discuss their children's laws and explain them. Authoritarian parents require only one path contact.