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Ganezh [65]
3 years ago
5

Use the following information to prepare a classified balance sheet for Alpha Co. at the end of 2016. Accounts receivable $41,08

0 Accounts payable 7,605 Cash 15,050 Common stock 42,000 Land 25,230 Long-term notes payable 22,150 Merchandise inventory 29,175 Retained earnings 38,780

Business
1 answer:
Akimi4 [234]3 years ago
5 0

Answer:

Explanation:

In the classified balance sheet, we summarize the asset and liabilities into various types

Like assets are divided into fixed assets, current assets, and intangible assets.

Likewise, liabilities are also divided into current liabilities, long term liabilities

In every balance sheet, the accounting equation has used that means

Total assets = Total liabilities + Shareholder equity

The preparation of the classified balance sheet for Alpha Co. is presented in the spreadsheet. Kindly find the attachment below:

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2 years ago
Total surplus with a tax is equal to a. consumer surplus minus producer surplus. b. consumer surplus plus producer surplus plus
anygoal [31]

Answer:

Option (b) is correct.

Explanation:

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3 years ago
Cost of Producing Guitars Carlota Music Company estimates that the marginal cost of manufacturing its Professional Series guitar
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Answer:

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Explanation:

Given,

C '(x) = 0.008x + 90 ................................... (1)

To obtain the the total monthly cost C(x) incurred by Carlota in manufacturing x guitars/month, we obtain the integral of equation (1) as follows:

C(x)=\int\limits {C'(x)} \, dx = \int\limits {[0.008x + 90]} \, dx

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Where F is the constant.

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Since the fixed costs incurred by Carlota are $8500/month, this implies that F = 8,500.

Substituting F = 8,500 into equation (2), we have:

C(x) = 0.004x^2 + 90x + 8,500 <-------------- Total cost per month

Therefore, the total monthly cost C(x) incurred by Carlota in manufacturing x guitars/month is <u>C(x) = 0.004x^2 + 90x + 8,500</u>.

7 0
3 years ago
A company uses a legacy on-premises analytics application that operates on gigabytes of .csv files and represents months of data
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Explanation:

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2 years ago
Cinder Company had the following department information for the month: Total materials costs $ 60,000 Equivalent units of materi
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Answer:

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