Answer:
$101 billion
Explanation:
The computation of the amount of stockholders' equity of ExxonMobil is shown below:
As we know that
Total assets = Total liabilities + stockholder equity
where,
total assets is $188 billion
And, the total liabilities is $87 billion
So, the stockholder equity is
= $188 billion - $87 billion
= $101 billion
Answer:
Assuming Charlie uses the cost depletion method, his depletion expense for the year is $ 56,250
Explanation:
Depletion method is used to provide a depletion charge for assets which have a depletion nature in the usage of the resources such as mines, quarries and oil wells.
Depletion Charge = Cost /Expected Total Contents in Units × Number of Units taken in the Period
= $225,000 /1,000,000 × 250,000
= $ 56,250
Because the balance of $200 from Alegia Co. was uncollectible and wrote off, then, the total decrease to net income related to this entry will be $0
<h3>What are Uncollectible debt?</h3>
An uncollectible debt also called an accounts uncollectible refers tp receivables, loans or debts that have no chance of being paid.
In conclusion, the total decrease to net income related to this entry will be $0 as the balance of $200 from Alegia Co. was uncollectible and wrote off.
Read more about uncollectible debt
<em>brainly.com/question/24871617</em>
Answer:
The correct anwer is <em>There may be a psychological benefit in that currency reform can have a positive effect on inflation expectations. However, for the stabilization plan to succeed, it must be backed up by concrete policies to reduce monetary growth.</em>
Explanation:
Monetary policy or financial policy is a branch of economic policy that uses the amount of money as a variable to control and maintain economic stability. It includes the decisions of the monetary authorities regarding the money market, which modify the amount of money or the interest rate. When it is applied to increase the amount of money, it is called an expansive monetary policy - quantitative expansion - and when it is applied to reduce it, a restrictive monetary policy.
Four basic objectives of monetary policy can be stated in different ways:
- money value stability (price containment, inflation prevention);
- higher rate of economic growth;
- full occupation or full employment (highest possible level of employment);
- avoid permanent imbalances in the balance of payments and maintenance of a stable exchange rate and protection of the position of international reserves.
