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
bonufazy [111]
2 years ago
8

A firm has net working capital of $1,770. long-term debt is $4,180, total assets are $11,830, and fixed assets are $3,910. what

is the amount of the total liabilities?
Business
1 answer:
Elanso [62]2 years ago
4 0

Net-working capital = $1,770

Long term debt = $4,180

Total Assets = $11,830

Fixed Assets = $3,910

Total liabilities Amount = ?

Total current Assets = Total Assets – Fixed Assets

$11,830 - $3,910 = $7,920

Current Assets - current liabilities = Net-working capital

Current liabilities = Current Assets - Net-working capital

=$7,920 - $1,770 = $6,150

Total liabilities = current liabilities + long term debt

=$6,150 + $4,180

=$10,330

Amount of the total liabilities is $10,330

You might be interested in
In the securitization​ process, A. security investors make loans to​ banks, who in turn make loans to households. B. banks grant
MaRussiya [10]

Answer:

Option "B" is the correct answer to the following question.

Explanation:

Under securitization, financial assets are collected through various means, the assets collected are sold as securities to investors or parties at a fixed interest rate. The process of converting loans into securities by banks is called securitization.

In the process of lending to homes, banks coverts the loans to securities and sell them to investors.

7 0
2 years ago
When should you start saving money?
BartSMP [9]

Answer:

b)

Explanation:

b- as soon and you have the money ~ so that let's say for example you want a phone and the phone is 300 dollars and you get 15 dollars/ an hour you would save up to get it

4 0
3 years ago
Identifying Accounts to be Closed From the list that follows, identify the accounts that should be closed to the owner’s capital
kari74 [83]

Answer:

See explanation section

Explanation:

When we need to close accounts, we close the income and expenses accounts. The reason to close those accounts is that those are temporary accounts. Drawings and dividends are also temporary as those accounts have to be settled through capital and retained earnings balance. Therefore,

We will close the entries to income summary are -

D. Depreciation Expense

E. Fees Earned

J. Supplies Expense

L. Wages expense.

The entry to close against a capital account is Drawings. Therefore, Jackie Lindsay, Drawing should be closed.

4 0
3 years ago
Who is the ceo of moorish dignity productions?
Finger [1]
<span><span>Monica Owusu-Breen is the president and CEO of Moorish Dignity Productions, Inc.</span> Thursday of February 27, 2003, the company filed Articles of Incorporation in the State of California. Based on the recorded documents filed with California Secretary of State, Moorish Dignity Productions is approximately fourteen years old. </span>



7 0
3 years ago
Use the following to answer the next 4 questions Suppose gold mining in the US was a perfectly competitive industry with N = 40
Andrei [34K]

Answer:

32) - Option c i.e., $900.

33) - Option d i.e., 60.

34) - Option d i.e., 60.

35) - Option a i.e., $450.

Explanation:

32) - Mr. Barrick 's income as a corporation is $900.

Then, we apply the formula of profit maximization that is :

                    Profit = quantity \times (price - AC)

                                =30\times(60-30)

                                =30\times30=900

                    Profit=\$900

33) - While Mr. Barrick controlled the market, the total manufacturing production of N = 40 competitive companies was Q = 60.

In a reasonably marketplace, companies can sell where the marginal cost remains equivalent to the demand curve or that MC remains equivalent to the demand curve at 60.

34) - After the monopoly cost per unit raised by $60.

Price as well as quantity shall be determined by the monopoly where MR = MC. Price is determined mostly on demand curve relating to that same points where MR = MC has been 60 as well and the quantities are determined also on the y-axis that is 30.

35) - DWL(Dead\;Weight\;Loss) =\frac{1}{2} \times(60-30)\times(60-30)

                                                   =\frac{1}{2} \times30\times30

                                                   =\frac{1}{2} \times900=450

                                        DWL=\$450

6 0
3 years ago
Other questions:
  • A perfectly competitive industry consists of many identical firms, each with a long-run average total cost of LATC = 800 – 10Q +
    5·1 answer
  • Helen and her friends want to start a new software firm. Its business plan has been finalized. Helen is in charge of the HR plan
    15·1 answer
  • Two-year-old Max sees a rabbit and calls it a "bunny." He then sees a large white hamster and calls it a "bunny," too. In this s
    7·1 answer
  • The following data are taken from the financial statements of Marigold Company: 2022 2021 Average accounts receivable $539,000 $
    9·2 answers
  • _______ is a political strategy for managers to exercise power unobtrusively. Controlling uncertainty Being irreplaceable Genera
    7·1 answer
  • Arises when there are many firms each selling an identical​ product, many​ buyers, and no restrictions on the entry of new firms
    10·1 answer
  • What is the Urban Dictionary definition of Makenzie
    13·1 answer
  • When a bank accepts a checkable deposit from a customer, its deposits will increase and its excess reserves will:________
    10·1 answer
  • A technique to bring changes in the
    5·1 answer
  • Identify Ten (10) Differences that exist Between
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!