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
viva [34]
3 years ago
12

A company's balance sheet shows: cash $28,000, accounts receivable $19,000, office equipment $53,000, and accounts payable $20,0

00. What is the amount of stockholders’ equity?
Business
1 answer:
qaws [65]3 years ago
8 0

Answer:

The answer is $80,000

Explanation:

Shareholders' equity is the residual interest the owner has in the business. It is calculated by deducting its liabilities from its assets. i.e

Total assets - Total liabilities.

Total assets is summation of current and non-current asset. So we add Curren asset(cash, accounts receivable) and non-current asset (office equipment) together.

So we have, $28,000 + $19,000 $53,000 = $100,000

Therefore, stockholders’ equity is:

$100,000 - $20,000

=$80,000

You might be interested in
On August 1, a $42,000, 7%, 3-year installment note payable is issued by a company. The note requires equal payments of principa
Anvisha [2.4K]

Answer:

b. $16,004.17

Explanation:

The bond pays annual interest of 7% over the 3 years. The annuity factor at 7% for 3 years is 2.6243. The amount of bond is divided by annuity factor to calculate the annual payment of bond. The payment includes bond principal repayment and interest payment. The first payment on July 31 will be for $16,004.17.

8 0
3 years ago
Dyckman Dealers has an investment in Thomas Corporation bonds that Dyckman accounts for as a trading security. Thomas Corporatio
gtnhenbr [62]

Answer:

$20,000

Explanation:

The small investment in equities and bonds must be valued at market value and must not be accounted for in-accordance with the speculation of the company. So the market value here is $20,000 and must be valued at this price irrespective of the management valuation.

5 0
3 years ago
How did capitalism fuel industrialization?
Katena32 [7]
<u><em>Capitalists want to make money . . . the best way to do that is to make businesses/production more profitable by increasing production to a large scale (i.e. industrialization)</em></u>
4 0
3 years ago
Shuster’s lease of retail premises from Thurgood requires Shuster to pay certain fees, subject to the landlord’s proof of the co
Assoli18 [71]

Answer:

correct option is c) with prompt notice.

Explanation:

solution

Shuster lease by Thurgood  for pay certain fee  so the tenant can rescind the with prompt notice because Shuster is overcharge without the any explanation its mean that Thurgood is not performing his any duty rightly

so that Shuster is entitle to the withdraw an contract

correct option is c) with prompt notice.

4 0
3 years ago
Milton friedman argued that consumers are more likely to alter their behavior based on.
Bess [88]

The Right Response is Option C which is Long Term Changes in the Economy.

<h3><u>Why Did Friedman Argued So?</u></h3>
  • The concept of monetarism, which refers to the management of money in the economy, was developed by Milton Friedman. According to Friedman, changes in the money supply can have both long- and short-term consequences.

Friedman suggested that long-term changes in the economy had an impact on consumer behavior. Long-term economic developments have an impact on how consumers behave while making purchases. For instance, if long-term economic trends are favorable, consumer spending will rise; otherwise, it would fall.

Therefore, "long-term changes in the economy" is the right response.

To learn more about Long Term Changes in the Economy. Click the links.

brainly.com/question/20822981

#SPJ4

Correct Question - Milton Friedman argued that consumers are more likely to alter their behavior based on

a) changes in the unemployment rate.

b) short-term changes in the economy.

c) long-term changes in the economy.

d) changes in the inflation rate.

4 0
1 year ago
Other questions:
  • Rank the 1040 forms in order from simplest to most complex. a. 1040-A, 1040-EZ, 1040 b. 1040-EZ, 1040, 1040-A c. 1040-EZ, 1040-A
    9·2 answers
  • True or false the best way for manufacturers to control quality is by arranging for products to be inspected at the end of the p
    8·1 answer
  • Assume that the price of oranges increases to $2, while the price of apples remains at $1, and Linda allocates $5 of the weekly
    13·1 answer
  • On January 1, 2021, Wright Transport sold four school buses to the Elmira School District. In exchange for the buses, Wright rec
    11·1 answer
  • When you borrow $50 from your rich cousin, then pay her back $60. What is the original $50 called
    14·1 answer
  • Two ways in which an insurance company can contribute to the economic development of a country.
    14·1 answer
  • 1) If you make superior returns by buying stocks after a 10% fall in price and selling stocks after a 10% rise, this is consiste
    5·1 answer
  • Are good oppurtunities always spotted quickly or they often left unrecognized ?
    14·2 answers
  • Which aspect of diversity can be positive or negative? A (blank) can be negative or a positive.
    9·2 answers
  • The following describe several different business organizations. Determine whether each description best refers to a sole propri
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!