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Leto [7]
3 years ago
11

Explain how most businesses are both debtors and creditors

Business
1 answer:
astraxan [27]3 years ago
4 0

clients can owe businesses payment for services, and businesses have financial obligations they need to pay

question answered by

(jacemorris04)

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Assume that a parent company acquires its subsidiary on 1/1/xx, by exchanging 41,500 shares of its $1 par value common stock, wi
SIZIF [17.4K]

Answer: The total Asset is $531,225, The total owners Equity is $1,494,000

Explanation:

A balance sheet is a summary of debit and credit balances of asset and liabilities in a ledger. It is a financial statement prepared in order to determine the financial position of a business, in the event of acquisition of a subsidiary by a parent company, then a consolidated balance sheet will be prepared to unite the two entities. A consolidated balance sheet is a financial statement prepared to record the asset and liabilities of the two entities as one entity.in this case the aquisi

Consolidated Balance Sheet As At 1/1/××

$ $

Fixed Asset

PPE Asset (undervalued ) 81,000

Less : Depreciation. 5,400

----------

75,600

Goodwill. 162,000

----------------

Total Fixed Asset 237,600

Other Asset

Patent. 261,000

Amortization. 32,625

--------------

293,625

----------------

Total Asset. 531,225

Owners Equity

Common Stock 1,494,000

---------------------

Total owners Equity 1,494,000

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3 years ago
SUB TO thunderoflight12 and i WILL GET IVE BRAINLIST FOR IT
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3 years ago
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________ insurance is life insurance that is provided over a specified time period and does not build cash value.
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Discuss this statement in relation to George and Lennie: "They render us vulnerable, and in doing so they add dimensions of sign
Dima020 [189]

Answer:

The powerful novel which explores themes of friendship, power, dreams, and the responsibility we have to look out for one another in a sometimes unkind world.

The characters at the heart of the story, George and Lennie, work against all odds to earn enough money to build their dream (to own a place of their own, with alfalfa and rabbits.)

According to the book, their friendship sets them apart from the other men in the world and fuels their aspirations.

I hope it helps, kindly give brainliest if it does.

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3 years ago
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You want to evaluate three mutual funds using the information ratio measure for performance evaluation. The risk-free return dur
nataly862011 [7]

Answer:

The fund with the highest information ratio measure is Fund B.

Explanation:

From the information provided:

Definition: The information ratio measures and compares the active return of an investment compared to a benchmark index relative to the volatility of the active return.

Formula: RETURN ON THE MARKET PORTFOLIO / STANDARD DEVIATION

Let's use this formula to calculate for Fund A, Fund B and Fund C.

Fund A : (20 - 6 - 0.8) ( 19 - 6 ) / 4 = 0.9

Fund B : (21 - 6 - 1 ( 13 ) / 1.25 = 1.6

Fund C : (23 - 6 - 1.2) ( 13 ) / 1.2 = 1.167

Therefore, The fund with the highest information ratio measure is Fund B.

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