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
Svetradugi [14.3K]
3 years ago
9

Josey Doakes was reading the balance sheet of Gogoldze Inc. when she spilled grape juice on it. After the juice spill, the balan

ce sheet looked like this:
($ millions) 12/31/2015
Cash 90
Accounts Receivable 210
Inventory 410
Other Current Assets grape
Current Assets juice
Net Property, Plant, & Equipment 1,080
Total Assets grape
juice
Accounts Payable 115
Other Current Liabilities 260
Current Liabilities 375
Long-term Liabilities 860
Common Stock 50
Additional Paid-in-Capital 300
Retained Earnings 285
Total Liabilities and SE 1,870

What was Gogoldze Inc.'s Other Current Assets at 12/31/2015?A. $710B. $120C. $370D. $80E. $790

Business
2 answers:
mixer [17]3 years ago
8 0

Answer:

D. $80

Explanation:

The other assets of the Josey Doakes can be calculated using the accounting equation which is given as follows:

Assets=Liability +equity

Total Assets=Current assets+ Non current assets

=Cash+Accounts receivable+Inventory+other current assets+Net PPE

=90+210+410+other current assets+1,080

=710+other current assets+1,080

=1790+other current assets

Total assets=1790+other current assets

1790+other current assets=Liability +equity

1790+other current assets=1870

Other current assets=1870-1790

                                =$80

So the answer is D. $80  

e-lub [12.9K]3 years ago
7 0

Answer:

The correct option is D. $80

Explanation:

Please see attachment

You might be interested in
You just won a prize that comes with two payout choices. The first option is to get $100,000 right now and nothing hereafter. Th
lorasvet [3.4K]
The answer is a. If I’m not mistaken
8 0
3 years ago
Axiom International, an Australian company, wants to expand its operations to China, a country that is politically, culturally,
Ilia_Sergeevich [38]

Answer:

Joint venture

Explanation:

A joint venture is an agreement between two or more parties mostly businesses so as to share markets, intellectual property, assets, knowledge, capital, profits as well as losses. A common phenomenon in which joint venture is used is the partnering up with a local business to enter a foreign market. For example is a company that wants to expand its operations to new countries, can enter into a joint venture agreement with a local business in the new country, thus benefiting from an already existing distribution network

For Axiom International, an Australian company that  wants to expand its operations to China, a country that is politically, culturally, and economically different, the mode of entry should be a joint venture with a country in china.

4 0
4 years ago
In the course of creating an effective business message, excellent business thinkers are most likely to
ahrayia [7]
Make it sound like a verry good deal and have proof
5 0
4 years ago
While charging a general admission price of $15 for adults most days of the week, the Museum of Fine Arts in Houston offers free
kow [346]

Answer:

Basically, the museum might price this way because of the low number of people that go to the place that specific day and<u> in order to stimulate the demand from visitors</u>.

Explanation:

To begin with, the reason why organizations price this way, in where they offer one day total free admission is due to the fact that commonly that day selected does not count with much visitors in comparison with the other days of the week supported by statitics of the place and therefore the museum, in this case, wants to increase the amount of people that enter the building, basically.

Secondly, once that the main reason of why the museum might price this way is said, the reason why the are likely to choose a day like Thursday rather than Saturday is due to the fact that Saturdays tend to be the day where those kind of places are full of people because most of the people do not work on weekends and therefore the organization do not need to encourage the entrance of visitors, they will go anyways without any stimulation.

4 0
3 years ago
Josh runs into heavy traffic every day while driving to work. yesterday, he left home earlier than usual and did not run into he
alexandr1967 [171]

Answer:

Josh engaged in d. negative reinforcement

Explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • The current market demand for paper clips is 320 million and its market development index is 55. calculate the approximate marke
    11·1 answer
  • An increase in the money supply might indicate that the Fed had
    11·1 answer
  • Yummy Bakery just paid an annual dividend of $3.40 a share and is expected to increase that amount by 2.2 percent per year. If y
    11·1 answer
  • Sharon is unhappy with her job as a salesperson at a retail store for many reasons. Yesterday a customer asked her where the sha
    7·1 answer
  • In 2006 Hewlett-Packard repurchased shares of common stock worth $5,241 million and made dividend payments of $894 million. Othe
    15·1 answer
  • Emma Clumsy, the insured, makes a contract with Rest in Peace Insurance Company, the insurer, whereby Emma will pay quarterly pr
    14·1 answer
  • How can a renter reduce the amount of money he or she spends on monthly
    13·1 answer
  • Operations management personnel perform a variety of functions, including all of the following except ___________________. A. an
    5·1 answer
  • Memphis Company anticipates total sales for April, May, and June of $970,000, $1,070,000, and $1,120,000 respectively. Cash sale
    9·1 answer
  • To determine a credit score, debt, available credit and total assets are all part of the
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!