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Katen [24]
3 years ago
14

Constable Co. reported the following information at December 31, Year 1: Accounts Payable $ 6,750 Accounts Receivable 14,025 Cas

h 35,235 Common Stock 135,000 Equipment 74,250 Inventory 46,800 Notes Payable due December 31, Year 3 3,750 Retained Earnings, December 31, Year 1 21,135 Wages Payable 3,675 What is the amount of current assets on the classified balance sheet? Multiple Choice $123,255 $96,060 $170,310 $49,260
Business
1 answer:
Gemiola [76]3 years ago
3 0

Answer:

$ 96,060

Explanation:

The current assets are accounts receivable,cash and inventory.

The are short term assets that are used in settling short term obligations such as accounts payable  and salaries payable.

Accounts receivable amounted to $14,025

Cash amount is $35,235

Inventory is worth $46,800

Current assets value=$14,025+$35,235+$46,800=$ 96,060.00  

The correct option is the second one with amount of $ 96,060 for current assets

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Answer:

C) Friday, midnight

Explanation:

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3 0
4 years ago
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Answer:

Here the required rate of return is 14%.

Explanation:

Required rate of return can be defined as the minimum rate of return that an investor will accept for holding a company's stock, as a compensation for the risk which is associated with that stock. This concept is also used in corporate finance , where with the help of this profitability of an investment project is analyzed.

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Required rate of return = Risk free rate + Beta ( Market return - Risk free rate )

= 5% + 1.5 ( 11% - 5% )

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4 years ago
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Answer:

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b. The consumers in exporting country will lose in a perfect competition because the country is exporting the goods to another country and so the country exporting the goods will be left with limited goods and due to equal demand the prices will remain same or may increase if demand is increased which will result in a loss for the consumers of goods in a exporting country.

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