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
Grace [21]
3 years ago
5

Determine the total assets of Novak Corp. at December 31, 2020.

Business
1 answer:
andreyandreev [35.5K]3 years ago
5 0

Answer: $76,220

Explanation:

Total Assets = Current Assets + Fixed Assets

Current Assets = Cash + Accounts Receivable

= 13,320 + 19,980

= $33,300

Fixed Assets = Equipment = $42,920

Total Assets = 33,300 + 42,920

= $76,220

You might be interested in
1. Jay is the owner of TooCan Tan, a luxury spa and tanning salon that caters to individuals who desire the ultimate experience
Maru [420]

Answer:

Sole Proprietorship

Explanation:

Sole proprietorship is a form of business in which all liabilities,risks&responsibilities(especially in financial aspect) are being borne by a single individual.The individual may not necessarily be the operational entity in the business as he/she in question can employ employees he/she so desires,but when it comes to structuring,legality&sensitive decisions affecting the business,it is borne solely by the individual.This form of business is devoid of partnership,which explains why the demise of the owner is likely to bring an end to the business.

6 0
3 years ago
Darden restaurants received a prestigious award for its commitment to quality. which one did it​ receive?\
Yuri [45]
<span>Darden restaurants received the Black Pearl award.This is a prestigious award that recognizes a company for its commitment to corporate excellence in food safety and quality. The Black Pearl Award is given yearly by the International Association for Food Protection. The award was created in 1993 by Wilbur Feagan of F&H Food Equipment Company and member of the IAFP.</span>
5 0
4 years ago
a shoe store sells 40 pairs of shoes in one week. With an additional salesperson, the store can sell 44 pairs of shoes. The addi
WARRIOR [948]

Explanation:

I do not think that is true even considering a linear cost of every 4 pairs of shoes

5 0
3 years ago
Read 2 more answers
when your mom is spanking you what should you do? A.put her in a lock B.call her parents C.tell jamall to calm down D.take the h
nekit [7.7K]

Answer: Take the hits bro. Then call her parents

Explanation: Memes that slap harder than my dads belt!!!! Lol

8 0
3 years ago
In your own words,explain why creating a budget and sticking to it is so important. Answer in at least 3-5 complete sentences.
worty [1.4K]
It help you to keep your eyes on your prices

It helps ensure you don’t spend money you don’t have

It helps to prepare for emergencies
3 0
3 years ago
Other questions:
  • Indicate the accounts affected and enter decreases to account categories with a minus sign. a. At the end of the period, bad deb
    15·1 answer
  • In many instances the most appropriate way for a firm to cope with an event that leads to negative public relations is to:______
    5·1 answer
  • Q 2.3: mason corporation purchased a piece of land 5 years ago when the price of land was low. it plans to develop the land into
    6·1 answer
  • What’s the best way for the FED (Federal Reserve Board) to create a tight money market? Buy government bonds and sell government
    14·1 answer
  • Mary wants to write a memo to a team of people who will help her launch a new product line for the company. she wants to convinc
    5·1 answer
  • What is the future value of ​$490 per year for 9 years compounded annually at 11 ​percent? The future value of ​$490 per year fo
    11·1 answer
  • Brustle's Pottery either factors or assigns all of its receivables to other firms. This is known as: a. capital financing. b. ac
    5·1 answer
  • Which type of pricing orientation guarantees revenue on every sale, but runs the risk of having a competitor with potentially lo
    10·1 answer
  • S2→ S1→ S→ M→ D→ R→ C→ C1→C2
    6·1 answer
  • The identity thief's information on your credit report wouldn't impact your ability to
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!