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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

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Given that,

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2 years ago
Here's a question from the text aids. in which countries is the tip usually added to the bill?
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3 years ago
Indicate whether each of the statements is an example of a price ceiling or a price floor and whether it is binding or nonbindin
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Answer:

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3 0
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