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3 years ago

Financial literacy includes information about income, banking, loans, and credit cards.

Business

2 answers:

Dimas [21]3 years ago

5 0

It is true hope this helps

mote1985 [20]3 years ago

4 0

True, it does include those

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Jefferson Handyman Services has total assets for the year of $ 15 comma 400 and total liabilities of $ 8 comma 680. Requirements

Novay_Z [31]

Answer:

1. $6,720

2. $17,530

Explanation:

In this question, we use the accounting equation which is shown below:

Total assets = Total liabilities + Stockholder's equity

1. The equity value is computed by

$15,400 - $8,680 = Stockholder's equity

So, stockholder equity is $6,720

2. Since assets is assets is increased by $5,000 and the equity is decreased by $3,850

So, updated assets = $15,400 + $5,000 = $20,400

And, the updated equity is $6,720 - $3,850 = $2,870

So, the total liabilities equal to

= $20,400 - $2,870

= $17,530

3 0

3 years ago

Transactions involving the purchase and sale of fixed assets would be considered _______ activities.

ohaa [14]

Transactions involving the purchase and sale of fixed assets would be considered INVESTING activities.
Investing activities refers to those activities carried out by the company which involve sales or purchases of fixed assets such as building and equipment.

4 0

3 years ago

What are the solution to unknown gunmen problem

geniusboy [140]

Answer:

the military is the solution

6 0

3 years ago

In previous years, Cox Transport reacquired 2 million treasury shares at $22 per share and, later, 1 million treasury shares at

Hoochie [10]

Answer:

24 million shares ; $16 million

Explanation:

The computation of the weightage number of treasury shares are shown below:

Number of shares Price Total

2 $22 $44 million

1 $28 $28 million

Total 3 $72 million

So, the weighted average number of shares would be

= $72 ÷ 3 = 24 million shares

Now the journal entry would be

Cash A/c Dr $64 million (2 million treasury shares × $32)

To Paid in capital - share repurchase A/c $16 million

To Treasury stock $48 million (24 million treasury shares × $2)

(Being the treasury shares are sold)

4 0

3 years ago

At a local business school, there is a toasted submarine sandwich process that uses a conveyor-fed oven. ( See picture below) Al

dem82 [27]

Answer:

b. 20 sandwiches

c. 25 sandwiches

Explanation:

1. I added this diagram of the flow chart as an attachment

Hourly capacity of sandwich making process:

Time it makes to 1 sandwich: 2 + 12 + 1 = 15

The time alice spends when making one sandwich = 2 + 1 = 3

oven uses 12 minutes to process one sandwich, so in 12 minutes, alice can can make 12/3 sandwiches = 4

The Oven can take 5 subs at a time,

So in one hour, the making process

= 60/3 = 20 sandwiches

To calculate Hourly capacity with additional employee:

Alice takes 2 minutes

Additional employees takes 1 minute

Oven uses 12 minutes to make one sandwich

It's only after every 2 minutes Alice can put one sandwich. The oven can take only 5 sandwiches.

So in an hour:

Since oven can take 5

Sandwiches at a time, therefore one sandwich takes,

12 / 5 = 2.4 minutes.

In 1 hour number we have number of processed sandwich as

60 / 2.4 = 25

At hourly capacity with additional employees we have 25 sandwiches

5 0

3 years ago