1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
WITCHER [35]
4 years ago
13

A company has net working capital of $2,204, current assets of $6,475, equity of $22,215, and long-term debt of $10,535. What is

the company's net fixed assets?
Business
1 answer:
kherson [118]4 years ago
4 0

Answer:

Net fixed assets is $30546.

Explanation:

Given the net working capital = $2204

The current assets of the company = $6475

The equity of the company = $22215

Long term debt of the company = $10535

Net Working Capital = Current Assets – Current Liabilities

2204 = 6475 – current liabilities

Current liabilities  = 6475 – 2204 = 4271

Total assets = Current Liabilities + Long term Debt + Total Equity

= 4271 + 10535 + 22215

= $37021

Total Liabilities and Stockholders Equity = Total Assets

Total assets = $37021

Total Assets = Current Assets + Net Fixed Assets

37021 = 6475 + net fixed assets

Net fixed assets = 37021 – 6475 = $30546

You might be interested in
Using a $ sign before a column label ________.
Licemer1 [7]

Answer:

The alignment of the choices are off but here's the explanation for solving this question below;

Explanation:

Using a $ sign before a column label, keeps the reference to column fixed,

but allows the row reference to change. Generally, putting a dollar sign ($) before a column label or row label  puts an absolute reference to that respective column or row while keeping the other changing. For example;

In $C5, "C"  is the column reference while "5" is the row reference. Because there is $ sign before C, that column  will be fixed and the row will change

6 0
3 years ago
__________ is a growing tool for managers to enhance communication and collaboration in support of empowered or bossless work en
Dafna11 [192]

Answer:

The correct approach will be "Social media ".

Explanation:

  • Social media become web-based communication platforms that always allow the individual to communicate with one another through intelligence sharing as well as consumption.
  • It is an internet-connected communication method whereby the participants build virtual forums to exchange knowledge, ideas, private correspondence, and certain other functionality.
3 0
4 years ago
Ethical dilemma situation:
Montano1993 [528]
In my opinion she shouldn't release the "confidential" information. This may put her job at risk. And I wouldn't jeopardize myself for other people. Instead she may help them in other ways after they have been laid off.

Hope this helps ya!
7 0
3 years ago
On January 1, 2020, the balance sheet of Naperville Company (a sole proprietorship) was as follows.
guapka [62]

Answer:

Explanation:

From the information povided:

(a) To compute the amount of goodwill paid by Chicago Corporation

Particulars                                            Amount ($)

Accounts Receivable                           100000

Inventory                                               170000

Plant & Equipment                               400000

Land                                                        90000

Customer List                                            4000

Trade Names                                          <u> 16000</u>

     NET ASSETS  (A)                             <u>780000</u>

<u />

Current liabilities                                     76000

Non-current liabilities                            <u>160000 </u>

      NET LIABILITIES (B)                        <u> 236000</u>

∴

PURCHASE  CONSIDERATION (A -B)   544000

<u>Less:</u>  Cash Paid                                    <u>  580000</u>

          GODWILL                                    <u>    36000 </u>

<u />

b)

In the books of Chicago Corporation, the Journal Entry to record the purchase of Naperville Company.

Account Name                                       Dr.                      Cr.

Accounts Receivable A/C                  100000

Inventory A/C                                       170000

Plant Equipment  A/C                          400000

Land A/C                                                 90000

Customer List A/C                                    4000

Trade Names A/C                                   16000

Goodwill A/C                                           36000

Current liabilities A/C                                                       76000

Non-Current Liabilities A/C                                             160000

Cash A/C                                                                          580000

c)

The minimum required amount of goodwill that Chicago can amortize by the end of 2020 is $3600.This is because the amortization can take place for a period of 10 years.

<u />

8 0
3 years ago
The Hawthorne studies began as the type of experiment recommended by Scientific Management. Researchers were trying to find the
3241004551 [841]

Answer:

George Elton Mayo

Explanation:

Based on the scenario being described within the question it can be said that the individual being mentioned is George Elton Mayo. Mayo was an Australian Psychologist who was born on December 26, 1880. Mayo greatly contributed to the creation of the management theory which helped establish modern human relations management methods as well as creating the frame and focus on social dynamics.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Which previous case led to product tampering become a crime that falls under fbi jurisdiction?
    8·1 answer
  • Gainsharing plans are:
    12·1 answer
  • If the government of a small, open economy wishes to reduce a trade deficit, which policy action will be successful in achieving
    13·1 answer
  • ​Jessica's job as the director of the humane shelter is exhausting and can be heartbreaking at​ times, but she loves her job bec
    7·1 answer
  • Ben seems to have the Midas touch. He can recognize opportunity where others see only problems. His focus is on creating solutio
    10·1 answer
  • Holly deposited $7,000 in a CD and will get charged penalties if she makes withdrawals within five years. However, she will need
    15·2 answers
  • Can debit collectors call you anytime and what hours are they able to call you on the phone ? please help :) i’ll give brainlest
    9·1 answer
  • partial credit, E12-19A (similar to) Turner Hardware is adding a new product line that will require an investment of $ 1 comma 5
    5·1 answer
  • HR creates the company’s first performance appraisal system. Managers are required to review employee productivity at least once
    13·1 answer
  • Home Day is a large supermarket. It recently launched its own brand of cereals called Fast Bites, equivalent to most national br
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!