All categories

3 years ago

Determine the missing amount for each of the following:

Business

1 answer:

Alja [10]3 years ago

4 0

Answer:

(a) $3,930,000

(b) $386,200

Explanation:

(a) Assets = Liabilities + Owner's Equity

Assets = $556,000 + $3,374,000

= $3,930,000

(b) Assets = Liabilities + Owner's Equity

$6,111,200 = Liabilities + $5,725,000

Liabilities = $6,111,200 - $5,725,000

= $386,200

$2,150,000 = $812,500 + Owner's Equity

Owner's Equity = $2,150,000 - $812,500

= $1,337,500

You might be interested in

You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year.

alisha [4.7K]

Answer:

a. Cash Flows from Assets is $29m

b. Cash flow from creditors is 91.90m

Explanation:

a. Cash Flow to creditors = Interest Paid - Net new borrowings + retirement of debt

CFC = $48m - (-139.90) + 0

CFC = $91.90 m

b. Cash flow from Assets = Operating Cash Flow - Net capital spending - Change in net working capital

Cash flow from Assets = $520 - $375 - $116

Cash Flow from Assets = $29m

7 0

3 years ago

In the "Case Nugget," Ziva Jewelry Inc., v. Car Wash Headquarters Inc., the plaintiff left his car and keys with a car wash empl

Olenka [21]

Answer:

That the car wash was not liable to the plaintiff because the car wash employees had no notice they were taking responsibility for so much jewelry.

Explanation:

The case of Ziva Jewelry Inc., v. Car Wash Headquarters Inc involved a salesperson Stewart who locked jewellery in his car and took it to the car wash.

He did not disclose that there was expensive jewelry in the car.

The attendant finished washing the car and signalled to Stewart that his car was ready and walked away from the car.

Before Stewart could pay the bill someone had taken the car. Although the police recovered the car the jewellery was stolen.

Zeva Jewellry filed a motion against the car wash that they did not excercise due care in returning the vehicle.

In this instance the car wash was not liable because Stewart did not disclose there was expensive jewelry in the car.

Also the attendant had finished with his car and informed him of this. So it was out of their care when the car theft occured

3 0

3 years ago

The mechanical and chemical receptors that control digestive activity are located ________. in the oral cavity in the walls of t

stiv31 [10]

Answer:

The correct answer is <em>in the walls of the tract organs</em>.

Explanation:

The regulation of digestive activities is carried out by intrinsic (systemic) and extrinsic nerves, as well as digestive hormones. And as in the rest of the regulatory systems, sensorial receptors, integration systems and effectors (cells that execute the regulatory response) participate. In vertebrates, this regulatory system overlaps the basic activity of the smooth muscles of the digestive system, modulating it, in addition to exerting other effects.

4 0

3 years ago

The problem of ________________ in insurance markets is that insurance companies are unable to ______________ . Group of answer

ch4aika [34]

Answer:

adverse selection, differentiated those with high risk and low risk

Explanation:

Adverse selection refers to the selection in which an individual gained the insurance at a cost but it is below the level of risk. In other words we can say that the applicant pay the lower amount of premium in case of higher premium charged by the company as the company is not aware of the fact

In the given case, the problem of adverse selection is there that unable to differentiate between a high level of risk and lower level of risk

6 0

4 years ago

What time will we know who won the election?

777dan777 [17]

Answer:

So since many people voted by mail, we may not know till friday, they need to gather everyones mail and obviously since its paper its going to take a while but remember to please vite blue!

8 0

3 years ago