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bulgar [2K]
3 years ago
6

Jones Company has the following liabilities at the end of the current year:

Business
1 answer:
makkiz [27]3 years ago
5 0

Answer:

The amount of long-term liabilities to be reported on the Balance Sheet at the end of the current year is $70.000

Explanation:

<u>Concepts / definitions: </u>

Long-term liabilities or noncurrent liabilities are knowns as obligations that companies have to pay in more than 1 year (12 months) or for some companies, after the company’s operating cycle (it is the time that the company takes to convert their inventory into cash).  

Examples: Long term leases and bonds (that are generally are designed to be paid in more than one year).

<u />

<u>Classification</u>

Notes Payable (current) $ 10,000

Accounts Payable    $ 5,000

Salaries Payable            $ 2,000

<u>Sales Tax Payable    $ 2,000</u>

<u>Current liabilities          $ 19,000</u>

Bonds Payable                  $ 50,000

<u>Notes Payable (long-term)  $ 20,000</u>

<u>Long-term liabilities         $ 70,000</u>

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When managers disregard ethical concerns, the likely result is:?
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A company borrows $25 000 to buy new equipment. The loan is to be repaid in five equal annual payments. If the interest rate is1
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Each payment is of $6595

Explanation:

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We are supposed to find how much are each of the payments

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I = installment

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n = No. of installments

So, 25000 =I (\frac{1-\frac{1}{(1+0.1)^5}}{0.1})\\\frac{25000}{(\frac{1-\frac{1}{(1+0.1)^5}}{0.1})}=I\\6594.93=I

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The correct answer is c) increases

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If a stimulus plus a response results in a satisfying outcome, the probability of that response occurring again increases.

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Summarize the consequentialist arguments for and against affirmative action.
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Answer:

Explanation:

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2)Affirmative action assists disadvantaged people that come from areas of the country where opportunities are limited  be able to advance and they otherwise could not. In other words, it bestows everybody the same playing field.

3)Affirmative action is for  to help by compensating to some races who are"started late in the race" , due to many years of oppression, and it also helps level the playing field.

Arguments against Affirmative Action:

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