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
JulsSmile [24]
3 years ago
8

Balsco's balance sheet shows total assets of $238,000 and total liabilities of $107,000. 11) The firm has 55,000 shares of stock

outstanding that sell for $11 a share. What is amount of market value added?
A) $474,000
B) $389,000
C) $1,073,000
D) $123,712
Business
1 answer:
vovikov84 [41]3 years ago
6 0

Answer:

A) $474,000

Explanation:

Since Balsco's balance sheet shows total assets of $238,000 and total liabilities of $107,000, it means that equity should be $131,000.

The current price of Balsco's stock is $11 per share and total shares outstanding are 55,000, which results in a total market value of $605,000. If you subtract total equity from the total market value = $605,000 - $131,000 = $474,000

You might be interested in
Next Saturday, best friend, Sol, and I will have separate acts in a citywide talent contest. But we've just made a _____ with ea
Bas_tet [7]

Answer:

truce

Explanation:

Here is the full question :

Next Saturday, my best friend. Sol and I will have separate acts in a citywide talent contest. But

we've just made a _____with each other that will help us from feeling jealous if one of us

wins and one loses. We've decided that if one of us wins that person will share the prize money

with the other one.

Which word BEST completes the sentence?

truce

alliance

treaty

pact

A truce is an agreement between people to stop fighting for a limited.

Sol and his best friend made an agreement that would stop them from fighting

A pact is an agreement between people

3 0
2 years ago
Read 2 more answers
In reviewing a bank's balance sheet, the liabilities are greater than the assets. What is the best explanation that could
Alex777 [14]

Answer:

cash

Explanation:

The top line, cash, is the single most important item on the balance sheet. Cash is the fuel of a business. If you run out of cash, you are in big trouble unless there is a "filling station" nearby that is willing to fund your business

6 0
3 years ago
Read 2 more answers
Which technique should you use to promote your business when responding to a customer’s inquiry? Use “we” language to promote re
KonstantinChe [14]

<u>Answer: </u>Option C Satisfy the inquiry and take the opportunity to introduce another product as well.

<u>Explanation:</u>

The first important thing in customer inquiry is that it has to be attended as soon as possible. It is a way to enhance the business and make the customer buy more when their doubts are clarified.

The other products of the business can be promoted along with the answers to the inquiry. This is the opportunity for the business to directly contact the customer so it has to be made use of. While another product is introduced the customer would be willing to know or buy the other product also.

7 0
3 years ago
Accounts receivable turnover and days’ sales in receivables For two recent years, Robinhood Company reported the following: 20Y9
jasenka [17]

Answer:

Accounts receivable for 2019 = $590,000

Accounts receivable for 2018 = $570,000

Explanation:

The computation of accounts receivable for both years is shown below:-

                                2019                      2018

Sales                               $7,906,000        $6,726,000

Accounts receivable

Beginning balance          $600,000            $540,000

Ending balance                $580,000             $600,000

Accounts receivable       $590,000             $570,000

Working note:-

Average Accounts receivable for 2019 = ($600,000 + $580,000) ÷ 2

= $590,000

Average Accounts receivable for 2018 =  ($540,000 + $600,000) ÷ 2

= $570,000

7 0
3 years ago
The publishing conglomerate Conde Nast is able to purchase mailing lists of people who have bridal interests, knowing that its M
katovenus [111]

Answer:

e. identifiable

Explanation:

Something is identifiable when is easy to recognize, in the excercise given the publishing conglomerate Conde Nast aims to this identifiable segments in order to reach certain customers.

I hope you find this information useful and interesting! Good luck!

6 0
3 years ago
Other questions:
  • On January 1, 2021, McGee Co. had the following balances: Projected benefit obligation $7,800,000 Fair value of plan assets 7,80
    7·1 answer
  • Based on the following cost data, what conclusions can you make about the costs of Product A and Product B?
    5·1 answer
  • Please answer quick
    10·1 answer
  • True or fales Data entry in the patient record is a combination of structured and unstructured dat
    5·2 answers
  • Craft Inc.'s Krayons is a multi-color chalk material that was released in the market over a century ago. Since the release, the
    10·1 answer
  • Group Working age population Discouraged workers Employed Unemployed # in Millions 215 5 138 According to the table, the labor f
    7·1 answer
  • If Congress imposes a $5 tax on each ATM transaction, the demand for money will likely: Group of answer choices increase. decrea
    11·1 answer
  • What do banks do with most of their customers deposits
    15·1 answer
  • Girls can log onto www.Barbie and design their own special Barbie doll. They can choose the doll's skin tone, hair color, clothe
    12·1 answer
  • determining what items or products you need is the first step in purchasing. this is called a purchasing .
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!