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3 years ago

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.

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This is an online live debate first 2 people to comment are the debaters the rest are the jury and they reply to chat the debate

Lana71 [14]

Hello there!

Let's take note of some things first. When a argument occurs, there's always two different kind of people. You would have someone who think he has a point and he explains his opinion on this matter, and then you would have the other opponent who would most likely say the complete opposite of this other person.

Now, when conduction the argument of the topic "cell phones", there would be a ton of different opinions on this matter.

For an example:

(Person #1) - opposer.

Cell Phone's are very useful, when you need to call a person, you would have something to communicate with the other person. It would be encounter as a essential in our every day life.

(Person #2) - opposer.

I believe that Cell Phones are unsafe. People could track you down and hurt you to the full. They can take your information, and then you would have some several bad cases on this matter. I believe that Cell Phones are not safe.
__________
Based on looking at this example here, you would see on how they're are two different opinions here. They both have different explanations.

I hope this helps you!

8 0

3 years ago

Read 2 more answers

Angelo invested $4,000 into two accounts. One account paid 4% interest and the other paid 9% interest. He earns 6% interest on t

inn [45]

Answer:

$2,400 was placed in the account earning 4%, and $1,600 was placed in the account earning 9%

Explanation:

In this case, we have two unknowns, so in order to be solved, we need to find two equations.

We know that amount 1, that we call x, plus amount 2, we call y, is 4000.

x + y = 4000

Also we know, when we add the interest earned on amount 1 to the interest earned on amount 2, the total interest is 6% of 4000, it means: 240

0.04x+0.09y=240

So, we have two equations with two unknowns

x + y = 4000

0.04x+0.09y=240

That we can solve for any method we know. We will use substitution. Lets clear from first equation the unknown x.

x=4000-y

Then, we substitute in second equation

0.04(4000-y)+0.09y=240

And we solve:

160-0.04y+0.09y=240

0.05y=240-160

y=80/0.05=1600

Now we simply plug this into our first equation and solve for x

x+y=4000

x+1600=4000

x=4000-1600

x=2400

So, $2,400 was placed in the account earning 4%, and $1,600 was placed in the account earning 9%

4 0

3 years ago

Answer the following questions using the information below: Cannady produces six products. Under their traditional cost system u

vampirchik [111]

Answer:

Given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.

Explanation:

A cost driver can be described as the unit of an activity or any factor that makes the cost of an activity to fluctuate. An estimated cost driver is adequate and of the expected quality when quality or quantity is satisfactory or acceptable.

Therefore, given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.

8 0

2 years ago

In the long run the prices charged by a firm in monopolistic competition will be

kumpel [21]

Answer: The correct answer is "d. equal to average cost, including the opportunity cost of capital.".

Explanation: In the long run the prices charged by a firm in monopolistic competition will be equal to average cost, including the opportunity cost of capital.

In long-term monopolistic competition, the demand curve will be tangent to the average long-term cost and the price set at this level. The benefits will be equal to zero and therefore there will be no entry or exit of companies.

6 0

3 years ago

What does it mean to “diversify” your portfolio?

Vlad [161]

Answer:

The correct answer is letter "C": Spreading risk by investing your money in a variety of funds and investment options.

Explanation:

Portfolios are pools of different assets that aim lowering the risk inherent in investments. Portfolios tend to be managed by professional who work on behalf of investors an can provide suggestions on what assets to buy and sell according to the fluctuations of the market.

3 0

3 years ago