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3 years ago

Do you know why sustainable business is important?

Business

1 answer:

IRINA_888 [86]3 years ago

3 0

Explanation:

Good for the Environment

Sustainable businesses are good for the environment. Because of this fact your company should be concerned about sustainability strictly for ethical reasons. Caring about our planet should be enough motivation to adopt sustainable business practices

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Determine the amount of long-term debt for ABC Co. using the following balance sheet information: cash balance of $24,733, accou

Furkat [3]

Answer:

$131,999

Explanation:

i. Total Assets = Cash + Inventory + Accounts receivable + Other Assets + Net plant and Equipment

Total Assets = $24,733 + $206,573 + $142,431 + $76,981 + $707,919

Total Assets = $1,158,637

ii. Current liabilities = Accounts payable + Short term debt

Current liabilities = $95,119 + $30,000

Current liabilities = $125,119

iii. Common stock = $400,875

iv. Retained Earnings = $500,644

Long term debt = Total Assets - [Common stock + Retained earnings + Current liabilities]

Long term debt = $1,158,637 - [$400,875 + $500,644 + $125,119]

Long term debt = $1,158,637 - $1,026,638

Long term debt = $131,999

6 0

2 years ago

City Auto Parts recently traded in store fixtures. The exchange had commercial substance. The old fixtures had a cost of $48,000

IRISSAK [1]

Answer:

The correct option is true

Explanation:

The book value of the old fixtures at the date of exchange which is the cost less accumulated depreciation till date is computed thus:

Book value of old fixtures=$48,000-$14,000=$34000

Expected cash payable by the company for the new fixtures is the market value of the new fixtures minus the carrying value of the old fixtures.

Expected cash=$117,000-$34,000=$83,000.00

Loss on the exchange =cash paid -expected cash payable=$101,000-$83,000=$18000

5 0

3 years ago

What time is it when you see this

Anna71 [15]

Answer:

2:45 am

Explanation:

8 0

3 years ago

Read 2 more answers

A local bank’s advertising reads: "Give us $50,000 today, and we’ll pay you $800 every year forever." If you plan to live foreve

Natalka [10]

Answer:

The correct response is Option b (1.60%).

Explanation:

According to the question,

Initial investment,

= $50,000

Perpetual annual cash flows,

= $800

Now,

The interest rate will be:

= $\frac{Perpetual \ annul \ cash \ flows}{Initial \ investment}$

On substituting the given values, we get

= $\frac{800}{50,000}$

= $0.016$

i.e.,

= $1.60 \ percent$

5 0

2 years ago

Slim made a single deposit of $5,000 in an account that pays 7.2% in 2015. What equal-sized annual withdrawals can Slim make fro

evablogger [386]

Answer:

annual withdrawals is $1,393.87

Explanation:

given data

Amount Deposited = $5,000

Annual Interest Rate = 7.2%

First withdrawal = 2020

last withdrawal = 2025

solution

we consider equal sized annual withdrawals = x

so we can say that Amount Deposited amount will be as

$5,000 = $\frac{x}{(1+0.72)^5} + \frac{x}{(1+0.72)^6} + \frac{x}{(1+0.72)^7} + \frac{x}{(1+0.72)^8} + \frac{x}{(1+0.72)^9} + \frac{x}{(1+0.72)^{10}}$ ..........1

we take common here $\frac{x}{(1+0.72)^{4}}$

$5,000 = $\frac{x}{(1+0.72)^{4}} \times ( \frac{1}{(1+0.72)^1} + \frac{1}{(1+0.72)^2} + \frac{1}{(1+0.72)^3} + \frac{1}{(1+0.72)^4} + \frac{1}{(1+0.72)^5} + \frac{1}{(1+0.72)^{6}} )$

solve it we get

x = $1,393.87

so that annual withdrawals is $1,393.87

7 0

3 years ago