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Julli [10]
3 years ago
11

What is the name for the amount or money whereby assets exceed liabilities?

Business
2 answers:
kotykmax [81]3 years ago
3 0

Answer:

Working capital

Explanation:

is understood that Assets are more than the External liabilities and there is a positive difference between the two. ... When your Total Assets are more than your total outside liabilities, this indicates that your company is solvent

likoan [24]3 years ago
3 0

Answer:

Working Capital

Explanation:

These are assets and liabilties used in the normal operating cycle of a company, or within a year. The excess of current assets over current liabilities is known as the Working Capital

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A storeowner orders 25 calculators that cost ​$4747 each. The storeowner can sell each calculator for ​$5656. The storeowner sol
leva [86]

Answer:

$5,592

Explanation:

Given:

Number of calculators ordered = 25

Cost of each calculator = $4747

thus,

Total cost of the calculators ordered = 25 × $4747 = $118,675

Selling cost of each calculator = $5656

Number of calculators sold = 22

Total revenue = 22 ×$5656 = $124432

Number of calculators returned = 3

Charges for returning the calculator = $55

Total charges for returning the calculators = 3 × $55 = $165

Now,

The total profit

= Total revenue - Total cost of the calculators - Total charges for returning

= $124432 - $118,675 - $165

= $5,592

6 0
3 years ago
How does the economic boom affect a business or your business?
shepuryov [24]

Answer:

The answer is easy and simple to understand.

First of all, it ill be generally good for your business, price levels of materials required and services will remain at a reasonable level so you can afford them.

Moreover, the cost of financing will be bearable and low. Since the interest rates are low, more money can be borrowed to expand your business venture.

Economic book means more employment opportunities, and as the supply of labor increases. the cost or the wage rate can remain at a reasonable and fair level for both the employers and employees.

The currency exchange rates will be stable and will not deviate heavily during the economic boom period, making importing and importing fairly easy for your business.

However, since the economy is rigorous and healthy, more entrepreneurs will enter the market and the competition will  be sever.

Moreover, foreign investors and businesses with new technologies, products and practices may enter your market, making it a bit difficult for you.

Explanation:

4 0
3 years ago
QUESTION 6 of 10: You own an art supply store and the total sales in your trading area equal $17,500. Your store accounts for $6
patriot [66]

Answer:

In this case, the $6,000 refers to your sales. If expenses and returns were deducted it will be your net sales. Sales refers to the activity of selling an amount of goods or services to consumers who enter your storefront. The goal is to make sure your sales are greater than all of our expenses to make sure you are turning a profit each month.

Explanation:

8 0
2 years ago
The person who contributed the most to the understanding and final acceptance of the theory of glaciation was
Rina8888 [55]
The person who contributed the most to the understanding and final acceptance of the theory of glaciation was Louis Agassiz.
He was a Swiss-American geologists as well as biologist who lived during the 19th century. He was a professor at many universities and quite an important scientist given that thanks to him, glaciology as a study was created in order to study glaciers and everything related to ice.

5 0
3 years ago
Accumulated Depreciation Group of answer choices is the same as Depreciation Expense is used to show the amount of cost expirati
Snezhnost [94]

Answer:

Is contra asset account

Explanation:

8 0
3 years ago
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