Answer:
$125,000
Explanation:
Opening values of;
Total assets = $120,000
Total liabilities = $40,000
Total equity = $120,000 - $40,000 = $80,000
During the year,
Total revenues = $140,000
Total expenses = $50,000
Withdrawal by owner = $45,000
The amount withdrawn by the owner reduces the owners equity. This may be deducted from the net income.
Net income from the year = $140,000 - $50,000 - $45,000
= $45,000
This will be added to the opening owner's equity to get the closing owner's equity.
Owner's equity at the end of the year = $80,000 + $45,000
= $125,000
Answer:
Never, you will continue to be in debt
Explanation:
the interest per month are 1% of the unpaid amount:
3,000 x 1% = 30 interest per month
the minimum payment is 30 dollars
Therefore, by doing the minimum payment we are just coering the interest generated per month we are not doing any amortization on the principal Hence we cannot repay the debt.
Options:
$1,000
$100,000
$30,000
$3,000
Answer:
The amount of depletion expense for 2012 would be =$30000.
Explanation:
Amount of depletion expense for 2012 = ($100000/1000 ton)*300 ton
= $30000
You aimlessly wander the mall nearly every weekend without buying anything. When a mother with a child asks you where the nearest toy store is, you know exactly where to direct her. This is an example of Tolman's latent learning. This is further explained below.
<h3>What is
Tolman's latent learning.?</h3>
Generally, Updated in 2018 by Dr. Saul McLeod. A sort of learning known as latent is one that does not show up in the learner's behavior right away, but comes into play later on, when the right motivation and conditions are in place.
In conclusion, You spend most weekends in the mall wandering around aimlessly without purchasing anything. Because you've been around kids, you know where the closest toy shop is located. Tolman's latent learning is on display here.
Read more about Tolman's latent learning.
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