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alisha [4.7K]
3 years ago
7

Amounts of money a company owes are called its __________

Business
1 answer:
Leto [7]3 years ago
6 0

Answer :

A . ) Liabilities

Explanation:

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Angela, Inc., a U.S. company, had a euro receivable from exports to Spain and a British pound payable resulting from imports fro
antiseptic1488 [7]

Answer:

Euro:Increase

pound:Decrease

Explanation:

A lower-valued currency makes a country's imports more expensive and its exports less expensive in foreign markets. A higher exchange rate can be expected to worsen a country's balance of trade, while a lower exchange rate can be expected to improve it

8 0
4 years ago
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The sum of your assets is 7,500 what should liabilities and shareholders equity add up to
katrin [286]

Answer:

7,500

Explanation:

As per the accounting equation, assets are equal to equity plus liabilities.

i.e., assets = liabilities + equity.

In this case, assets are 7500. Therefore, liabilities plus equity must be equal to 7500.

7 0
3 years ago
Tom tries to sell his classic car to Victoria for $12,000. Tom tells Victoria, "I paid $12,000 for the car in 1978 and it's wort
gulaghasi [49]

Answer:

B) Tom's statements provide grounds to set the contract aside.

Explanation:

When we are talking about setting a contract aside, it means that the contract is voidable. A voidable contract is valid until one of the parts decides to void it. In this case, if Victoria decides to purchase Tom's car and later discovers that he lied about the price, she can void the contract and return the car to get her money back.

What Tom is doing is basically lying about the material facts of the product that they are bargaining and it represents a valid reason for voiding the contract.

5 0
3 years ago
A , b , c or d ,which one is it
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The correct answer is: C.

5 0
3 years ago
20. WACC and NPV [LO3, 5] Sommer, Inc., is considering a project that will result
g100num [7]
Mark Brainliest please

Sommer Inc is considering the new project, and yet we have to calculate under what circumstances the company have to take on the project. In order to assess the project, we need to compute the break-even cost such as the present value of future cash flows and calculate the WACC weighted cost of capital. It measures the weighted cost of equity and the after tax cost of debt. The following information are given: Debt to equity ratio = 0.90 Cost of equity = 13% After-tax cost of debt = 4.8% After-tax cost of savings = $2.7 million Debt to equity ratio = Debt / Equity = 0.90 Therefore, Value of firm = value of debt + value of equity Value of firm = 0.90E + E Value of firm

See the calculation of WACC as attachment
8 0
3 years ago
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