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Vika [28.1K]
2 years ago
11

Casello Mowing & Landscaping year-end 2018 balance sheet lists current assets of $437,200, fixed assets of $552,800, current

liabilities of $418,600, and long-term debt of $318,500. Calculate Casello’s total stockholders’ equity.
Business
1 answer:
garik1379 [7]2 years ago
5 0

Answer:

$252,900

Explanation:

Stockholders' equity refers to the net assets of a business. In other words, the value of the assets after deducting all liabilities. It is calculated by subtracting total liabilities from total assets.

For Casello,

Total assets = current assets plus fixed assets .  

 i.e., 437,200+$552,800= $990,000

Total liabilities = current liabilities plus  long-term debt

i.e.,  $318,500 +  $418,600= $737,100

Stockholder equity = $990,000 - $737,100

=$252,900

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You are attending college in the fall and you need to purchase a computer. You must finance the purchase because your parents wi
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The correct answer is installment credit. The explanation is below.

Installment credit allows you to purchase an item and then pay for it in installments. The reason that this would be the best option for you is that you do not have the money now to make the purchase, but you are able to make smaller monthly payments in order to purchase a computer.

Installment credit is better than revolving credit for new borrowers. Revolving credit would allow you to charge additional purchases on your revolving credit account. The installment plan only finances one item, rather than like a credit card, which is how revolving credit works. You would not choose non-installment credit because this would require you to make this payment all at once in a short period of time. It would not allow you to spread the payments out over time.

3 0
3 years ago
At the start of football season, the ticket office gets very busy the day before the first game. Customers arrive at the rate of
ipn [44]

Answer:

(a) 3.2

(b) 10 minutes

(c) 0.8

Explanation:

Mean number of customer in service:

= Arrival rate ÷ service rate

= 24 in 60 min ÷ 30 in 60 min

= 24 ÷ 30

= 0.8

a) Average number of people in line:

= (Mean number of customer in service × arrival rate) ÷ (Service rate - arrival rate)

= 0.8 × (24 ÷ 6 )

= 3.2

b) Average time spend at the ticket office is = 10 minutes

c) Proportion of time server is busy:

= Arrival rate ÷  service rate

= (24 in 60 min ÷  30 in 60 min)

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= 0.8

7 0
3 years ago
Popular magazines and internet sources often use _____ to display information, which tends to confuse rather than clarify inform
zhuklara [117]
The appropriate response is pictorial graph. A pictograph utilizes picture images to pass on the importance of measurable data. Pictographs ought to be utilized painstakingly on the grounds that the diagrams may, either incidentally or intentionally, distort the information. This is the reason a diagram ought to be outwardly precise.
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3 years ago
Ron is a sales representative for Staples. He works in a business-to-business environment trying to sell office supply products
grin007 [14]

Answer: C) ​Technical selling

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Technical selling or technical sales is an act in which a sales person helps to address customer's needs by understanding what they needs which is a determinant of what product to buy.

Technical selling involves the sales personnel addressing the need of customers, explaining the type and features of the product they needs, network with them and make sure they are satisfied.

A technical sales person must have the ability for effective communication and have good interpersonal skills so as to maintain a good relationship with customers.

6 0
3 years ago
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romanna [79]

Answer:

Joint Tenancy

Explanation:

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It becomes that Bill did not name his wife as his beneficiary, hence Mike inherits the entire 342 acres of land after Bill's death.

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