Answer:
$205,000
Explanation:
Total liabilities=current liabilities+long-term liabilities
total liabilities=$150,000+$220,000
total liabilities=$370,000
total owners'equity plus liabilities=$320,000+$370,000=$690,000
long-term assets+current assets=liabilities+owners'equity
long-term assets=$485,000
current assets are unknown
liabilities+owners'equity=$690,000
let CA represent current assets
$485,000+CA=$690,000
CA=$690,000-$485,000
CA=$205,000
Energy Transmission, Energy Distribution, Energy Conversion, and Energy Analysis.
Answer:
Principal-agent.
Explanation:
This problem comes to play when one has to make decisions on behalf of another person.
The principal-agent problem is a conflict in priorities between a person or group and the representative authorized to act on their behalf. An agent may act in a way that is contrary to the best interests of the principal.
It can occur in any situation in which the ownership of an asset, or a principal, delegates direct control over that asset to another party, or agent.
Answer:
Reserves & Checkable deposits will equal to $36,000 and $106,000
Explanation:
The amount of checkable deposits is given $120,000 on the liabilities side. So, the withdrawal and clearance of check worth $14,000 will lead to a decline in the number of checkable deposits by $14,000. As a result, the remaining amount of checkable deposits will equal to $106,000 ($120,000 - $14,000).
To maintain the balance on asset & liabilities side of the balance sheet, the asset side will also reduce by $14,000. $14,000 will be deducted from the reserves of the bank. As a result, the remaining amount of reserves is equal to $36,000 ($50,000 - $14,000).
Answer:
93 units
Explanation:
Annual demand for an item = 11,000 units
cost per unit = $250
holding rate = 10%
Order cost = $14.00 per order
No. of days in a year = 260
Lead-time = 2 days


= 42.3 units
For a service level of 97%, the value of z is 1.881
Therefore,
Reorder point:
= Average daily demand × Lead time + Standard deviation of the daily demand × no. of standard deviation corresponding to service level probability × 
= (42.3 × 2) + (3 × 1.88 ×
)
= 92.57
= 93 units