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DanielleElmas [232]
3 years ago
14

BRAINLIEST Prepare a balance sheet in proper format for the company as of December 31st based on the following accounts. Answer

questions 8 through 10 based on this balance sheet.
Accounts Payable

5,000



Long-term Notes Receivable

10,000

Accounts Receivable

15,000


Accrued Expenses

3,000

Cash

10,000


Short-term Notes Payable

7,000

Retained Earnings

2,000


Accumulated depreciation

2,000

Prepaid Expenses

3,000


Capital Stock

8,000

Supplies

7,000


9. What is the company’s total equity?

Question 9 options:

$10,000


$8000


$2000


$25000
Business
1 answer:
Naya [18.7K]3 years ago
3 0

Answer:

45000

Explanation:

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Answer:

Information used to determine which products to produce

Explanation:

Determination of products whose production is not yet decided is a managerial issue, and it is part of internal information that should be not delivered to external parties. Furthermore, this data usually is not accurate, so sharing outside would not be even recommended for this sole reason.

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The Baldwin's workforce complement will grow by 10% (rounded to the nearest person) next year. Ignoring downsizing from automati
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Answer: d. $282,000

Explanation:

The workforce complement is to increase by 10%;

= 471 * 10%

= 47.1

= 47 people

Recruiting cost = 47 * (recruiting base + recruiting spend)

= 47 * ( 1,000 + 5,000)

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3 years ago
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Answer:

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Explanation:

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In her work in the publishing industry, vera seeks out new authors who she considers promising. in the past two years she has fo
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Wiggle Pools has total equity of $358,200 and net income of $47,500. The debt-equity ratio is .68 and the total asset turnover i
Westkost [7]

Answer:

It is 6.58%

Explanation:

Debt-Equity Ratio = Debt/Equity

0.68= Debt/358,200

Debt = 0.68 x 358,200

Debt = $243,576

Total Asset Turnover = Revenue/ Total Asset

Total Assets = Debt + Equity = $243,576+ $358,200=$601,776

1.2= Revenue/601,776

Revenue= 1.2 x 601,776

              =$722,131.20

Profit Margin = Net income/ Revenue x 100%

                       = $47,500/$722,131.20 x100%

                       = 6.58%

6 0
3 years ago
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