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valentina_108 [34]
3 years ago
13

Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $28,638 Accou

nts receivable 64,301 Accrued liabilities 6,777 Cash 18,105 Intangible assets 39,288 Inventory 87,492 Long-term investments 90,949 Long-term liabilities 71,756 Marketable securities 36,573 Notes payable (short-term) 27,962 Property, plant, and equipment 620,674 Prepaid expenses 2,418 Based on the data for Harding Company, what is the amount of quick assets?
Business
1 answer:
inn [45]3 years ago
4 0

Answer:

$119,159

Explanation:

The computation of the quick asset is shown below:

Quick assets = Cash + Marketable securities  + Accounts receivable

                     = $18,105 + $36,753 + $64,301

                     = $119,159

Only these items i.e cash, marketable securities and the account receivable are shown in the quick assets

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Turn to Part C of the Systems Analyst’s Toolkit and review the concept of net present value (NPV). Determine the NPV for the fol
Tcecarenko [31]

Answer:

$-13,975.91

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Cash flow in year 0 =  $-95,000

Cash flow in year 1 =  $30,000

Cash flow each year from 2 to 5 =  $20,000

I = 12%

NPV = $-13,975.91

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
A trading arrangement that eliminates most or all barriers to trade among participating nations and utilizes common barriers to
Katen [24]

Answer:

preferential trade agreement

Explanation:

This agreement is known as a preferential trade agreement. It is called this because it tends to make it easier for specific goods to be traded but only to the countries that are part of the group and/or agreement. This agreement also makes it harder for countries that are not part of the agreement to be able to trade with the countries that are in order to maintain the countries within the agreement trading with each other.

4 0
3 years ago
This information relates to Monty Real Estate Agency.
kotykmax [81]

Answer:

                                 Journal Entries

Date        Account Titles and Explanation      Debit       Credit

Oct. 1       Cash                                                  $34,040

                     Common Stock                                           $34,040

              (To record the cash is invested in the business)  

Oct. 2 No Journal Entry                               $0

Oct. 3      Office Furniture                                  $4,110

                    Accounts Payable                                         $4,110

               (To record the purchase of office furniture on account)  

Oct. 6      Accounts Receivable                          $10,780

                       Service Revenue                                         $10,780

                 (To record the services provided but cash is not yet collected)

Oct. 10      Cash                                                    $165

                      Service Revenue                                           $165

                (To record the services provided by cash)  

Oct. 27      Accounts Payable                              $690

                        Cash                                                             $690

                 (To record the payment made on accounts payable

                  relating to office furniture)  

Oct. 30      Salaries Expense                                 $2,740

                         Cash                                                           $2,740

                  (To record the payment of salaries to the assistant)

3 0
3 years ago
can produce two types of light fixtures, the indoors model and the outdoors model. if the total sales are expected to be 21,050
mars1129 [50]

Answer:

$1,000,000    

Explanation:

The computation is shown below:

<u> Particulars               Indoors Model                Outdoors Model            Total </u>

No of Units

(21,050 in ratio 2:3)     8,420                                   12,630                  21,050

Sales                          1,263,000                            2,778,600            4,041,600

Less: Variable costs   168,400                                 505,200              673,600

Contribution margin   1,094,600                            2,273,400               3,368,000

Less: Fixed costs

(2,160,000 + 208,000)                                                                    2,368,000

Operating Income                                                                           1,000,000

7 0
3 years ago
Put the following steps in order to indicate how a malignant tumor may develop. a - An environmental mutagen such as UV light mu
oksian1 [2.3K]

Answer:

The answer is B, D, A, C.

Explanation:

The order to indicate how a malignant tumor may develop is:

b - A single mutation of BRCA1 is inherited.

d - An oncogene forms when DNA mistakes are not corrected.

a - An environmental mutagen such as UV light mutates the p53 gene.

c - Mutation that allows invasion of other tissues develops.

4 0
3 years ago
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