Answer:
The answer is e. 40,500.
Explanation:
To find out the balance for account payable in 2014, we need to recall to the Accounting equation:
Asset = Liabilities + Owner's Equity
Applying in the question, we replace the balance of asset items, liability items and equity items in 2014 to find the answer:
Account Receivable + Cash + Inventories + Net Fixed Asset = Account Payable + Accruals + Common Stock + Long term debt + Notes payable + Retained earnings
=> 44,500 + 98,000 + 60,800 + 121,500 = Account Payable + 16,200 + 81,000 + 89,100 + 37,200 + 60,800 <=> Account Payable = $40,500.
So, the answer is e. 40,500.
Answer:
The correct answer is letter "E": Three new representatives will complete their training this week.
Explanation:
Specific and concrete language provides factual data that could be numerical to inform exact information over a determined matter. Specific-concrete statements are objective and are mostly used in business writing to make clear reports for managers who will have to make decisions on the course of the company.
A)<em> The speaker used an </em><u><em>emotional</em></u><em> tone when addressing the sales meeting.
</em>
<em> (Subjective)
</em>
B) <em>A </em><u><em>substantial</em></u><em> number of complaints were received from customers.
</em>
<em> (Indefinite)
</em>
C)<em> </em><u><em>Many</em></u><em> employees are dissatisfied with the change in retirement benefits.
</em>
<em> (Indefinite)
</em>
D)<em> The committee met </em><u><em>several</em></u><em> times to discuss the proposal.
</em>
<em> (Indefinite)
</em>
E)<em> Three new representatives will complete their training this week. (Specific and Concrete)</em>
Answer:
There was an increase in real income from year 1 to year 2 by a value of 600
Explanation:
In this question, we are asked to explain what happened to real income from Year 1 to Year 2.
We calculate that as follows.
Kindly note that CPI(consumer price index) is same as price level in this case
Mathematically, real income = (income/CPI) * 100
In Year 1, real income = (30,000/120) * 100 = 25000
In Year 2, real income = (32,000/125) * 100 = 25,600
The question asked what happened to real income from year 1 to year 2. What happened is that there was an increase of 25600-25000 = 600 in real income from year 1 to year 2
A. end; payments
B. beginning; purchases
C. beginning; payments
D. end; purchases
Answer:
C. beginning; payments
Explanation:
The adjusted balance method is a method that is usually used by banks in which they calculate the interest at the end of the period by taking the initial balance adding all the adjustments made to the account like a payment and then they calculate the interest using the end balance. According to this, the answer is that adjusted balance method calculates interest using the balance at the beginning of a billing cycle, adjusted by any payments made during the period.
The answer is 30280000. :)
