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
Verdich [7]
3 years ago
15

Roscoe's fixed assets were purchased three years ago for $1.8 million. these assets can be sold to stewart's today for $1.2 mill

ion. roscoe's current balance sheet shows net fixed assets of $960,000, current liabilities of $348,000, and net working capital of $121,000. if all the current assets were liquidated today, the company would receive $518,000 cash. the book value of the firm's assets today is _____ and the market value is ____.
Business
1 answer:
Tasya [4]3 years ago
6 0

Book value of the assets is the amount at which it is shown in the balance sheet of the company. Market value of the assets is the total value of the assets the organization will receive if it is liquidated today.

Book value of firm’s total assets = Book value of firm’s current assets + Book value of firm’s fixed assets

= ($348,000 + $121,000) + $960,000

= $1,429,000

Market value of firm’s total assets = Market value of firm’s current assets + Market value of firm’s fixed assets

= $518,000 + $1,200,000

= $1,718,000

You might be interested in
Suppose you could impose a perfectly enforceable carbon tax either upstream onproducers (e.g., Exxon pays a tax when it extracts
kotegsom [21]

Answer:

It is FALSE that If the tax is imposed upstream versus downstream, economic theory predicts that this will lead to the same allocation of abatement activity, but it will change who bears the burden (incidence).

Explanation:

When tax is imposed upstream versus downstream the person that bears the burden will not change because at both incidence it is the consumer(Downstream) that will cover the tax still.

Upstream refers to points in production that originate early on in the processes. Often applied to the oil and gas industry, upstream activities include exploration, drilling, and extraction.

The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, as well as the marketing and distribution of products derived from crude oil and natural gas.

6 0
4 years ago
How many pounds of garbage does the average american produce each day
Maslowich

Answer:

5.91 pounds of trash a day

Explanation:

yes

4 0
4 years ago
Read 2 more answers
Julia gives importance to both relationships and tasks. She clarifies task objectives and setting policies and budgets. She also
Fantom [35]

Answer:

a. supporting leader style

Explanation:

in a supporting leadership style, the head of the team is aim at developing his or her team member (sub ordinate), training them to be independent and guide them on how to achieve a given task.

in this scenario, Julia shows a supporting leadership style by:

providing aid and guidance to her subordinates and

acknowledging their accomplishments and allows them to provide suggestions.

She is trying to help her subordinate to achieve the challenge tasks given to them.

5 0
3 years ago
What is one reason many firms hire temporary workers to do a particular job?
earnstyle [38]

A. Flexible work arrangements

6 0
4 years ago
Read 2 more answers
During her visit to a beauty salon, Lily browsed through Inner Beauty, a magazine dedicated to working women, while she was wait
katovenus [111]

Answer:

C, pass-along readership

Explanation:

A pass-along reader is an individual that does not purchase a magazine or newspaper to read but rather reads a paper or magazine after someone else has purchased.

Pass-along readership accounts for most parts of the readership that we have today.

In the case of Lily, reading a magazine that she did not pay for while waiting at the reception is a clear case of pass-along readership because she did not purchase the magazine but rather read it after the salon has purchased it.

Cheers.

8 0
3 years ago
Other questions:
  • Diminishing returns set in after the ________ truck is purchased.
    14·1 answer
  • 5. Explain why your answers to question 4 above do or don't make you a good fit for entrepreneurship. (3-5 sentences. 2.5 points
    7·1 answer
  • Write down parts of the report
    11·1 answer
  • Which Section Chief is responsible for ensuring that assigned incident personnel are fed and have communications, medical suppor
    15·1 answer
  • A merchandising company's budget includes the following data for January: Sales: $400,000; COGS: $270,000; Administrative salari
    8·1 answer
  • Whereas most men's suit brands focus on their craftsmanship and use of high-quality materials, Bluebird Suits distinguishes itse
    5·1 answer
  • To achieve gains from trade, each nation should specialize in the production of a good or service if:
    10·1 answer
  • When a process is in control, it results in there being, on average, 16 defects per unit of output. c-chart limits of 8 and 24 w
    15·1 answer
  • PLEASE HELP ME!! sos
    13·1 answer
  • Read the following excerpts and comment on the discussion question:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!