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
oksano4ka [1.4K]
3 years ago
6

13. Jensen and Associates has a projected balance sheet that includes the following accounts. What is the projected marketable s

ecurities balance? Cash $ 225,000 Marketable securities ? Accounts receivable 680,000 Inventory 940,000 Non-current assets, net 1,420,000 Current liabilities 375,000 Total liabilities 1,060,000 Total equity 2,985,000
Business
1 answer:
Ghella [55]3 years ago
3 0

Answer:

$780,000

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

                    =  $1,060,000 + $2,985,000

                    = $4,045,000

And, the total assets would equal to

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

$4,045,000 = $3,265,000 + Marketable securities

So, the marketable securities would be

= $4,045,000 - $3,265,000

= $780,000

You might be interested in
Many people moved to the Sunbelt to take new jobs in
Lisa [10]


Among the choices above the main reason why many people migrate to Sun belt is to work on the fields of <span>aerospace and electronics this is because of the fast development </span>of the industries in Sun belt and great opportunity are waiting for the migrates. <span>
</span>
4 0
3 years ago
Read 2 more answers
Who is the current ceo of earthwear how much did accounts payable change in dollars and percent from 2014 to 2015. in which of t
aleksley [76]
Based on my online research, the current CEO of Earthwear is Calvin J. Rodgers.

From 2014 to 2015, the accounts payable change in dollars with an increase of $14,077 which is equivalent to 20.07%.

It is written that Earthwear had the highest net income in 2010. The net income amounted to $41,698.00

Additional detail about Earthwear is that it uses LIFO or last-in, first-out inventory valuation method. 
4 0
3 years ago
Your career goals might help determine the postsecondary educational institute you attend.
Phantasy [73]

Answer:

true

Explanation:

What you do now or what your planning on doing can always determines what you can possibly do next. But you have to make sure your not doing or posting anything bad on the internet or else they won't hire you.

7 0
3 years ago
ANSWER ASAP-- In one year, Corey earned $25,000 from his employer and a $300 capital gain from the sale of an investment. Corey
andrezito [222]

Answer:

Corey’s adjusted gross income is <u>$25,300</u>  and his total tax due will be <u>decreased</u> by the credit.

Explanation:

Add what Cory earned and his capital gain to make $25,300

Cory claimed the lifetime learning credit which decreases his total tax due

5 0
3 years ago
Costco has started its operations in China through an e-commerce partnership with Alibaba. Which method of expanding internation
s344n2d4d5 [400]

Answer:

C. Importing, exporting and countertrading

Explanation:

The e commerce partnership with Ali baba will enable them (Costco) buy (import) and sell (export) goods using the internet, and also transfer money and data to execute these transactions.

Importation involves buying of goods or services from other countries.

Exportation means selling of goods and services to other countries.

Countetrading means the exchange of goods and services which are paid in part or whole with other goods and services.

3 0
3 years ago
Other questions:
  • Elegant Decor Company's management is trying to decide whether to eliminate Department 200, which has produced losses or low pro
    8·1 answer
  • What is profit?
    14·1 answer
  • For each item described: Identify the type of account (Asset, Liability, Equity, Revenue or Gain, Expense or Loss), normal balan
    8·1 answer
  • According to the law of increasing opportunity cost, as a society produces more and moreof a certain good, further production in
    14·1 answer
  • Rebecca sells her personal scooter for $550. She purchased the scooter for $700 three years ago. She also sells a painting for $
    12·1 answer
  • When cash is received from a sale, the total amount of both assets and owner's equity is increased.
    11·1 answer
  • Anyone got discord? I'm 17
    12·2 answers
  • A five-year bond has a par value of 1000, a coupon of 3%, and a required yield of 5%. What should be the market price of this bo
    15·1 answer
  • What does social responsibility mean to you personally? Do you think business organizations
    13·1 answer
  • The type of system that integrates the information of departments and functions of a company into a single computer system is ca
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!