What is the total account dept as of the statement date called?

Fev and Company has a projected balance sheet that includes the following accounts. Cash $ ? Marketable securities 228,000 Accou

Thepotemich [5.8K]

Answer:

C. $ 344,000

Explanation:

In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:

Total assets = Total liabilities + stockholder equity

which equals to

Total assets = $1,570,000 + $2,382,000

= $3,952,000

And, the total assets equal to

Total assets = Cash + Marketable securities + Accounts receivable + Inventory + Non-current assets

$3,952,000 = Cash + $228,000 + $860,000 + $490,000 + $2,030,000

$3,952,000 = Cash + $3,608,000

So, the cash would be

= $344,000

7 0

3 years ago

Which of the following methods does not help reduce marketing risks?

Nitella [24]

Answer: The following methods does not help reduce marketing risks: <u><em>Integrate vertically to insure a market or form a marketing alliance.</em></u>

Integrating a firm vertically and thereby forming a marketing alliance won't reduce the marketing risks for any organization.

<u><em>Therefore, the correct option in this case is (c).</em></u>

7 0

3 years ago

Seng is a single mother struggling to raise her family with a low income. In 2006, the Pension Protection Act was passed. This a

elena55 [62]

Answer:

d. doesn’t have an employer-sponsored pension or retirement plan.

Explanation:

The Pension Protection Act provides for the benefit of employees, which is through their own and employer contributions.

This is a policy to provide benefit at times when the person turns old or is not physically fit to perform any job and this, provides pension in terms of money.

Here, if Seng being a single mother is not eligible for this, means that she did not had any employer who could sponsor her for such plan.

As this pension plan had to be sponsored by the employer Seng might did not had any employer.

4 0

3 years ago

What is the difference between an entrepreneur and entrepreneurship?

ZanzabumX [31]

Entrepreneurship has traditionally been defined as the process of designing, launching and running a new business, which typically begins as a small business, such as a startup company, offering a product, process or service for sale or hire, and the people who do so are called 'entrepreneurs'.

5 0

3 years ago

A landlord entered into a written lease of a bakery for a term of 25 years with a baker. The parties agreed to a right of first

NikAS [45]

In the given scenario; "Yes, the chocolatier enforce the option because the option touches and concerns the leasehold estate".

<h3>What is Jurisdiction's Rule?</h3>

Jurisdiction is a phrase that refers to a court's power or authority to hear a matter. The ability of federal and state courts to hear cases is governed by both federal and state statutes, as well as the Constitutions of the United States and each individual state.

The jurisdiction's Rule Against Perpetuities: The rule against perpetuities is a legal rule in Anglo-American common law that prohibits people from using legal instruments (typically a deed or a will) to exert control over the ownership of private property for a period of time that extends far beyond the lives of those living at the time the instrument was written.

The exceptions to the rule against perpetuity are-

The rule does not apply to vested interests since vested interests cannot be detrimental to remoteness.
The rule does not apply to land acquired or controlled by Corporation.
Philanthropic gifts; the rule does not apply to transfers for the benefit of the public for religious, pious, or charitable causes.

To know more about jurisdiction and its types, here

brainly.com/question/10377896

#SPJ4

8 0

2 years ago