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xz_007 [3.2K]
3 years ago
12

Wims, Inc., has current assets of $3,400, net fixed assets of $32,500, current liabilities of $2,900, and long-term debt of $6,9

00. a. What is the value of the shareholders' equity account for this firm
Business
1 answer:
ss7ja [257]3 years ago
7 0

Answer:

$26,100

Explanation:

Shareholders' equity = Total asset - Total liability

Shareholders' equity = (3,400 + 32,500) - (2,900 + 6,900)

Shareholders' equity = 35,900 - 9,800

Shareholders' equity = 26,100

Hence, the value of the shareholders equity is $26,100

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Answer:

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Explanation:

The book value of an asset is primarily used to compute the <u>amount of tax due on the sale of an asset</u>. The book value of an asset is value of asset on the company/ It is important to note that the book value is not a fair market value. Book value is an accounting and tax calculation. The salvage value of an asset is after-tax cash flow in an amount equal to sales price minus the tax due based on the sales price minus the book value.

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4 years ago
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Answer:

II Clara is using competitive parity budgeting methods

IV Clara is using objective and task budgeting

Explanation:

Share of voice basically measures your brand's share of total advertising in a market. It is very useful to determine your brand's visibility and helps to develop you company's external competitive analysis. It differs from market share since market share represents the actual share of total market sales that your company has.

In this case, Clara is adjusting her marketing budget to reach the appropriate share of voice for Wizard air freshener. She needs to compare the product's current share of voice with the competition's and the projected marketing expenses for next year.

A high share of voice doesn't necessarily match a high market share, although it helps to increase it.

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