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
Naily [24]
3 years ago
15

Four years ago, Velvet Purses purchased a mailing machine at a cost of $176,000. This equipment is currently valued at $64,500 o

n today's balance sheet but could actually be sold for $58,900. This is the only fixed asset the firm owns. Net working capital is $57,200 and long-term debt is $111,300. What is the book value of shareholders' equity
Business
1 answer:
DiKsa [7]3 years ago
5 0

Answer:

Explanation:

Book value of shareholders equity = Book value of mailing machine + net working capital - Long term debt  = 64500 + 57200 - 111300   = $ 10400

You might be interested in
Which nims management characteristic refers to the number of subordinates.
Lisa [10]
Refer to the Numder of this question add with the second number hope this helps.
6 0
3 years ago
If a portfolio regularly falls twice as much as a benchmark index rises, the portfolio's beta coefficient is __________.
kolezko [41]

Answer:

-2%

Explanation:

5 0
3 years ago
The recession of 2007-2009 made many consumers pessimistic about their future incomes. How does this increased pessimism affect
Korvikt [17]

Answer:

C) This will shift the aggregate demand curve to the left.

Explanation:

The demand curve is graphed on one axis being price level and the other axis being the total amount of goods and services purchased.

If consumer is pessimistic about their future incomes, they will want to save more and spend less, so they will demand less less goods and services at any price level than they used to before the recession (at that corresponding price level) ==> demand curve shift left.

4 0
3 years ago
Jake’s Battery Company has two service departments, Maintenance and Personnel. Maintenance Department costs of $160,000 are allo
Inga [223]

Answer:

D. $96,000

Explanation:

We will allocate the cost on maintenance by first stablishing a rate per maintenence hour:

As this is direct method we aren''t doing an allocation to other service department we directly allocate against production department A and B

total hours:  480 + 320 = 800

160,000 total cost /800 hours = 200 per hour

Department B hours: 480

allocate to department B: 480 x 200 = 96,000

5 0
4 years ago
Which of the following steps in a measuring system involves implementing an effective recognition system?Develop and improve pro
seraphim [82]

Answer:

All results should have a well-defined and habitual interference plan.

3 0
3 years ago
Other questions:
  • An organization that devises strategies to convince a customer to buy their product in spite of acknowledging the mismatch betwe
    11·1 answer
  • A company sold merchandise with a cost of $238 for $440 on account. the seller uses the perpetual inventory system. the entry to
    13·1 answer
  • The team-centered decision making model is preferred when: select one:
    8·1 answer
  • Helping others for free while gaining skills is
    8·2 answers
  • If the paint on your house was eaten away by the fumes from a factory nearby and you hired a lawyer to sue the polluting firm, y
    15·1 answer
  • In king's view, what three qualities must a movement have in order to achieve the goal of integration?
    15·1 answer
  • Alpha Company provided the following data concerning its income statement: sales, $850,000; purchases, $368,000; beginning inven
    14·1 answer
  • The major advantage of a regular partnership or a corporation as a form of business organization is the fact that both offer the
    15·1 answer
  • If you have seen the anime my pfp is from you awesome
    15·1 answer
  • On December 31, 2020, American Bank enters into a debt restructuring agreement with Barkley Company, which is now experiencing f
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!