Answer:
Account name statement(1) type of account(2)
Accounts payable BS CL
Accounts receivable BS CA
Accruals IS and BS income and SE
Accumulated amortization BS FA
administrative expenses IS E
Buildings BS FA
Cash BS CA
Common shares BS SE
Cost of goods sold IS E
Amortization BS E
Equipment BS F ASSET
General expenses IS E
Intrest expenses IS E
Account name Statement(1) type of account(2)
Inventories BS CA
Land BS FA
long term debts BS CL
Machinery BS FA
marketable securities BS CA
Line of credit BS LTD
operating expense IS E
Preferred shares BS SE
preferred share dividends BS SE
retained earnings BS R
Sales revenue IS R
Selling expense IS E
Taxes IS E
Vehicle BS FA
The aggregate demand curve often shifts to the components of aggregate demand. The Decreased interest rates will shift the aggregate demand curve to the right and increased output demanded.
- The component that is often shifted are consumption spending, investment spending.
In expansionary monetary policy the central bank often makes the supply of money and loanable funds to increase, this in turn will lowers the interest rate, promoting additional borrowing for investment and consumption, and there shifting aggregate demand right.
The rate of government spending, and often rise.
An aggregate demand curve is known to show the total spending on domestic goods and services at each price level.
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Answer:
Part 1.
3.1 times
Part 2.
a. total assets
Part 3
d. the company's ability to generate sufficient cash to repay debt when due.
Explanation:
<u>For Part 1</u>
Inventory turnover measures the activity of liquidity of a company`s inventory. The higher the ratio in comparison, the more efficient the inventory is managed.
<em>Inventory turnover = Cost of Sales ÷ Inventory</em>
therefore,
Inventory turnover = $982,500 ÷ $ 312,500 = 3.1 times
<u>For Part 2</u>
In a common-size Balance Sheet, each item is expressed as a percentage of total assets whereas in a common size Income Statement, Sales revenue is expressed as 100 % and every other item is expressed as a percentage of sales revenue.
<u>For Part 3</u>
Solvency or Liquidity is the ability of short term assets to cover short term liabilities. Also put, it is the company's ability to generate sufficient cash to repay debt when due.
Answer:
$93,000
Explanation:
Data provided in the question:
selling cost of the property = $350,000
Earnest money paid = $12,000
Percentage of loan obtained = 70%
Now,
The amount of loan obtained = 70% of $350,000
= $245,000
Therefore,
Amount to be paid by self
= selling cost of the property - amount of loan obtained
= $350,000 - $245,000
= $105,000
Thus,
Additional cash the buyer will have to bring to the closing day
= Amount to be paid by self - Earnest money paid
= $105,000 - $12,000
= $93,000
Answer:
Please find the complete question and its solution file in the attachment.
Explanation:
Timing of shifts in Boerkian's net money assets
Date Particulars Stickles Exchange Rate Dollars
1-Jan Assets 
1-May Service Revenue 
1-Oct Operating Expenses 
31-Dec Net Assets 
31-Dec Net Assets at Current Exchange Rate on Dec.31 
31-Dec Gain
The profit is $6,800 for the subsidiary. The exchange rate is higher on 31 December.
