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
Rama09 [41]
3 years ago
13

A company has the following liabilities at year end:

Business
1 answer:
lisov135 [29]3 years ago
4 0

Answer:

B) $16,000

Explanation:

Current liabilities are debt that must be paid within a 12 month period.

The total value of the notes payable is $355,000, but only $16,000 is due within 12 months. The $175,000 of short term debt has been refinanced and reclassified as long term debt. The $25,000 of deferred tax liability is also non current.

You might be interested in
What resources are required to have a successful business?
schepotkina [342]

Answer:

work nice be success in your life I don't know answer

7 0
3 years ago
Read 2 more answers
Which security method involves coding your readable emails into a format that is illegible
Natalka [10]
Which security method involves coding your readable emails into a format that is illegible? Cryptography. Businesses and individuals will use cryptography to keep information secret. This makes it hard for people who want to crack information and decode information that they do not have access to.
6 0
4 years ago
Which of the following statements is most true of order-getting salespeople?
melisa1 [442]

Answer:they seek out possible buyers and sue an organized creative approach to present messages

Explanation:

3 0
3 years ago
Total assets of Charter Company equal $700,000 and its equity is $420,000. What is the amount of its liabilities? b. Total asset
guajiro [1.7K]

Answer:

a. Total liabilities = $280,000

b. Total liabilities = $250,000

Total equity -= $250,000

Explanation:

As we know that

Total assets = Total liabilities + shareholder equity

So in the first case

The amount of the liabilities is

Total liabilities = Total assets - Total equity

                        = $700,000 - $420,000

                        = $280,000

And, in the second case, the total assets is $500,000

And, the liabilities and equity amounts are equal to each other

So in this case, the liabilities is $250,000 and the equity is $250,000

3 0
3 years ago
An accountant has encountered a perplexing financial reporting issue related to the private college for which he is preparing fi
frez [133]

Answer:

c) AICPA accounting and auditing guide, Audits of Colleges and Universities and/or AICPA SOP 74-8, Financial Accounting and Financial Reporting by Colleges and Universities.

Explanation:

As accounting and auditing guide which is issued by AICPA for health care 3 gives full guidance on how to deal with financial reporting issues for the hospital so the accountant would look into it for any problem related to it.

8 0
3 years ago
Other questions:
  • Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and
    13·1 answer
  • Which of the following policies is most likely to encourage innovation, higher quality goods, and lower prices?
    15·1 answer
  • The range for daily sales for the week, $89,000, $75,000, $98,000, $66,000, and $99,000, is ________. a. $33,000. b. $85,400. c.
    13·1 answer
  • 2. Consider a project which requires $1000 of initial investment and generates the next cash flows $300, $300 and $500 over the
    15·1 answer
  • A country's current national savings and investment identity is expressed in algebraic terms as I – S – (T – G) = (M – X). Assum
    10·1 answer
  • Martin, an employee at a boutique store, is required to handle store displays and also ensure that all the sales records tally a
    15·1 answer
  • One of Stine Company’s activity cost pools is machine setups, with estimated overhead of $300000. Stine produces sparklers (400
    6·1 answer
  • Unlike a printed product, online service information<br> can be instantaneously ___ by the provider.
    7·1 answer
  • Understanding how income is distributed within and across populations informs firms of different groups':_____.
    15·1 answer
  • Overuse of the priority flag by a business email sender can lead to a reputation as?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!