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3 years ago

Use the following data to determine the total dollar amount of assets to be classified as current assets

Business

1 answer:

borishaifa [10]3 years ago

6 0

Answer:

the total dollar amount of assets to be classified as current assets is $220,000.

Note that the correct option is $220,000 based on the information provided in the question. However, this is not included in the option. Kindly confirm the correct options from your teacher.

Explanation:

Current assets can be described as a group of assets that are can be easily converted to cash within a year. Current assets are therefore assets which are expected to be used, sold or consumed in a normal business operations within a financial year.

Current assets is one of th component of a balance sheet and its components include cash, inventories, account receivables, advance payment (prepayments), and others.

For this question, the total dollar amount of assets to be classified as current assets can be determined as follows:

Carne Auto Supplies

Current Assets Amount Determination

December 31, 2012

Particulars Amount ($)

Cash 60,000

Prepaid Insurance 40,000

Accounts Receivable 50,000

Inventory 70,000

Total current assets 220,000

Therefore, the total dollar amount of assets to be classified as current assets is $220,000.

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A company manufactures a product using machine cells. Each cell has a design capacity of 250 units per day and an effective capa

Blababa [14]

Answer:

1.90

Explanation:

Calculation for how many cells that the company require to satisfy predicted demand

Using this formula

Numbers of cell=Projected annual demand/Annual capacity per cell

Based on the information given we were told that Annual demand is 50,000 units in which it is forecasted that within 2 years it will tripple which means that Annual demand will be calculated as:

Projected annual demand = 50,000*2 years

Projected annual demand=100,000

Let plug in the formula

Numbers of cell=100,000÷(220 units/day × 238 days/year)

Numbers of cell=100,000÷52,360

Numbers of cell=1.90

Therefore the amount of cells that the company require to satisfy predicted demand will be 1.90

6 0

3 years ago

Sabemos que os problemas enfrentados pelas empresas podem ser vários e em várias circunstâncias. Por essa razão, as empresas são

dangina [55]

Answer: C. A tecnologia não pode deixar de fazer parte das atividades das empresas, no século XXI, sendo uma ferramenta que interliga a empresa ineira, em seus processos.

Explanation:

Today, technology is part of our lives in every aspect of our daily lives, that is why it is also and should be a fundamental aspect for companies. Business technology covers many areas and is present in every department of companies regardless of their category or function.

Therefore, for an organizational development plan to be well-founded, it must take into account the use of technology and technological updates.

I hope this information can help you.

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3 years ago

Identify the major transportation improvements in this period, and explain how they influenced the market economy.

kramer

In the first half of the nineteenth century, the steamboat, canal, railroad and telegraph were presented. This made transportation a great deal less expensive and quicker for organizations. It additionally connected agriculturists to national markets. The railroad gave employments to such huge numbers of Americans, despite the fact that many were foreigners. Telegraph made it conceivable to impart cross country, in any event quicker than mail would. It was for the most part utilized for organizations. Each of the four of these innovations twisted America out of its monetary past by making exchange/business speedier, less expensive, and more productive.

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3 years ago

A lottery winner can take $6 million now or be paid $600,000 at the end of each of the next 16 years. The winner calculates the

Semmy [17]

Answer:

Yes, her decision was correct because of Net present value rule.

Explanation:

the net present value (NPV) applies to a series of cash flows occurring at different times.

The present value of a cash flow depends on the interval of time between now and the cash flow. It also depends on the discount rate. NPV accounts for the time value of money. It provides a method for evaluating and comparing capital projects or financial products with cash flows spread over time, as in loans, investments, payouts from insurance contracts plus many other applications.

Time value of money dictates that time affects the value of cash flows.

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3 years ago

Read 2 more answers

Malik Boykin is paid $8.20 per hour. and time and a half for any work over 40 hours

Viefleur [7K]

Pay of Malik Boykin:

Step 1:

Adding the total hours for each week:

Week of 3/10 = 5.5+6+9+12+7 = 39.5

Week of 3/17 = 8+8.5+9+13+4.5+4 = 47

Step 2: