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RSB [31]
4 years ago
12

Assets are equal to

Business
1 answer:
Goshia [24]4 years ago
7 0
Assets=liabilities+owner's equity
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Liquidity refers to a. the ease with which an asset is converted into a medium of exchange. b. the relation between the price an
Triss [41]
The answer is: a) the ease with which an asset  is converted into a medium of exchange
5 0
4 years ago
Rogers Company reported net income of $49,646 for the year. During the year, accounts receivable increased by $6,774, accounts p
Greeley [361]

Answer:

Cash flow from operations= $105,603

Explanation:

Cash flow from operating activities is the cash inflow and outflow from normal business activities during a specified period.

The formula is given as

Cash flow from operations= Net income + Depreciation and amortization + Adjustment to net income+ Changes in account receivable+ Changes in inventory+ Changes in other operating activities.

Cash flow from operations= 49,646+ 6,774- 2,909+ 52,092

Cash flow from operations= $105,603

6 0
3 years ago
Sectoral shifts, frictional unemployment, and job searches Suppose the world price of steel falls substantially. The demand for
mestny [16]

Answer:

Option b is correct

Explanation:

This option achieves the aim of reducing the stress of looking for jobs by creating an avenue for easy job connections for searchers which would help increase the rate of re employment into other sectors.

5 0
3 years ago
Read 2 more answers
Rent expense in Volusia Company's 2016 income statement is $420,000. If Prepaid Rent was $70,000 at December 31, 2015, and is $9
d1i1m1o1n [39]

Answer:

$445,000

Explanation:

The rent in Volusian company income statement for 2016 is $420,000

The prepaid rent is $70,000 at December 31 2015 and $95,000 at December 31 2016

Therefore the cash paid for rent in 2016 can be calculated as follows

= $420,000+($95,000-$70,000)

= $420,000 + $25,000

= $445,000

5 0
3 years ago
Crane Electronics reported the following information at its annual meetings:
slega [8]

Answer:

$6,712,053

Explanation:

Total current assets:

= cash and marketable securities + Inventory + accounts receivables + Other current assets

= $1,235,455 + $7,149,800 + $3,465,300 + $121,455

= $11,972,010

Total current liabilities:

= accounts payable + short-term notes payable

= $4,159,357 + $1,100,600

= $5,259,957

company's net working capital:

= Total current assets - Total current liabilities

= $11,972,010 - $5,259,957

= $6,712,053

7 0
3 years ago
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