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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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Create a bulleted list of four possible interests a person could have.
LUCKY_DIMON [66]

Answer:

  • Volunteer Work/Community Involvement
  • Child Care
  • Club Memberships
  • Traveling

8 0
3 years ago
Rula has purchased a new car for $15000. She paid $2,000 as a down payment, and she paid the remaining balance by a loan from he
Ahat [919]

Answer: 4 years

Explanation:

First find the amount Rula borrowed from her hometown bank:

= Price of car - Down payment

= 15,000 - 2,000

= $13,000

The amount that Rula is to pay is an annuity. The loan is the present value of that annuity.

Present value of annuity = Annuity * Present value interest factor of annuity

13,000 = 4,280 * Present value interest factor of annuity

Present value interest factor of annuity = 13,000 / 4,280

= 3.0373

Use an annuity table to find out the year that 12% as a discount rate intersects with, such that the present value of interest factor of annuity is 3.0373.

That number is:

= 4 years

7 0
3 years ago
Temperature and Chemicals are used in which process?​
Tju [1.3M]

Answer:

Cooking

Explanation:

because cooking use heat. heat is a temperature and chemicals is gas.

3 0
3 years ago
When interest is compounded continuously, the amount of money increases at a rate proportional to the amount S present at time t
liubo4ka [24]

Answer:

a) - r=5%: S=$ 5,136.10

- r=4%: S=$ 4,885.61

- r=3%: S=$ 4,647.34

b) - r=5%: t=14 years

- r=4%: t=17 years  [/tex]

- r=3%: t=23 years  [/tex]

c) The amount obtained is

- Compuonded quarterly: $5,191.83

- Compuonded continously: $5,200.71

The latter is always greater, since the more often it is capitalized, the greater the effect of compound interest and the greater the capital that ends up accumulating.

Explanation:

The rate of accumulation of money is

dS/dt=rS

To calculate the amount of money accumulted in a period, we have to rearrange and integrate:

\int dS/S=\int rdt=r \int dt\\\\ln(S)=C*r*t\\\\S=C*e^{rt}

When t=0, S=S₀ (the initial capital).

S=S_0=Ce^{r*0}=Ce^0=C\\\\C=S_0

Now we have the equation for the capital in function of time:

S=S_0e^{rt}

a) For an initial capital of $4000 and for a period of five years, the amount of capital accumulated for this interest rates is:

- r=5%: S=4000e^{0.05*5}=4000*e^{0.25}= 5,136.10

- r=4%: S=4000e^{0.04*5}=4000*e^{0.20}=  4,885.61

- r=3%: S=4000e^{0.03*5}=4000*e^{0.15}=   4,647.34

b) We can express this as

S=S_0e^{rt}\\\\2S_0=S_0e^{rt}\\\\2=e^{rt}\\\\ln(2)=rt\\\\t=ln(2)/r

- r=5%: t=ln(2)/0.05=14

- r=4%: t=ln(2)/0.04=17

- r=3%: t=ln(2)/0.03=  23

c) When the interest is compuonded quarterly, the anual period is divided by 4. In 5 years, there are 4*5=20 periods of capitalization. The annual rate r=0.0525 to calculate the interest is also divided by 4:

S = 4000 (1+(1/4)(0.0525))^{5*4}=4000(1.013125)^{20}\\\\S=4000*1.297958= 5,191.83

If compuonded continously, we have:

S=S_0e^{rt}=4000*e^{0.0525*5}=4000*1.3= 5,200.71

The amount obtained is

- Compuonded quarterly: $5,191.83

- Compuonded continously: $5,200.71

The latter is always greater, since the more often it is capitalized, the greater the effect of compound interest and the greater the capital that ends up accumulating.

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Answer:

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Deductible amount $195

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Deductible amount $865

c. Michelle provided a candidate with free advertising painted on her truck during the candidate’s campaign for city council. Michelle paid $960 to have the ad prepared and an additional $660 to have the ad removed from the truck after the candidate lost the election

Deductible amount $0

6 0
3 years ago
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