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bulgar [2K]
3 years ago
8

The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit Cash

$ 11,400 Accounts Receivable 144,000 Prepaid Rent 5,400 Supplies 27,000 Equipment 340,000 Accumulated Depreciation $ 129,000 Accounts Payable 11,400 Salaries Payable 10,400 Interest Payable 4,400 Notes Payable (due in two years) 34,000 Common Stock 240,000 Retained Earnings 54,000 Service Revenue 440,000 Salaries Expense 340,000 Rent Expense 17,000 Depreciation Expense 34,000 Interest Expense 4,400 Totals $ 923,200 $ 923,200 3. Prepare a classified balance sheet as of December 31, 2021.
Business
1 answer:
alekssr [168]3 years ago
4 0

Answer:v

Explanation:

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When most economists wake up in the morning, their first decision is whether or not to his the snooze button on the alarm clock.
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Answer:

The correct answer is letter "E": The marginal benefit of sleeping 10 more minutes is greater than the marginal benefit of 10 more minutes of work.

Explanation:

Marginal Benefit is an economic term that describes the maximum amount a consumer is willing to pay for an additional unit of a good or service. Typically, the marginal benefit decreases as long as the person consumes more of that good or service. The price-benefit relationship is inversely proportional.

In the example, the marginal benefit of sleeping 10 minutes more must be greater than the marginal benefit of working 10 more minutes if economists choose to sleep a little bit more.

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3 years ago
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6 0
2 years ago
All of the following can be associated with asset-backed securities except A) the securitization of assets. B) minimal risk. C)
ehidna [41]

Answer:

B-minimal risk

8 0
2 years ago
Which of the following are true for the scientific method? Select all that apply.
8_murik_8 [283]

Answer:A,E

Explanation:

7 0
3 years ago
The average cost associated with each additional dollar of financing for investment projects is:_________
Roman55 [17]

Answer:

c) the marginal cost of capital

Explanation:

The cost which a company bears to add one dollar / unit of capital is called marginal cost. We know that the company raise funds through different sources which can be debt from banks and stocks (common and preferred). This process of raising capital involves a cost which is termed as marginal cost of capital or the cost required to raise an additional unit of capital.

7 0
2 years ago
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