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Savatey [412]
3 years ago
5

The total assets of Lantz Co. are $810,000 and its liabilities are equal to one-fourth of its total assets. What is the amount o

f Lantz Co.’s stockholders’ equity?
Business
1 answer:
Tanya [424]3 years ago
7 0

Answer:

$607,500

Explanation:

Given;

Total asset = $810,000

Total liabilities is one-fourth of its total assets

Therefore total liabilities = (1/4) × $810,000

                                         = $202,500

Using the accounting formula

Total asset - total liabilities = stockholders’ equity

stockholders’ equity = $810,000 - $202,500

                                   = $607,500

The stockholders’ equity of Lantz Co.’s amounts to $607,500.

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Under the Electronic Fund Transfer Act, which two banking practices are part of the consumer’s responsibility?
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The correct choices are;

<u>"A. knowing rights and responsibilities relating to money transfers  </u>

<u>C. notifying the bank of lost credit or debit cards".</u>


The Electronic Funds Transfer Act is a government law that secures shoppers occupied with the exchange of assets through electronic techniques. This incorporates the utilization of charge cards, computerized teller machines and programmed withdrawals from a financial balance. The demonstration likewise gives a methods for rectifying exchange blunders and restricts the risk from any misfortunes because of a lost or stolen card.

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3 years ago
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Read the following paragraphs about four films and then identify the purpose of each paragraph: to summarize, to analyze, to syn
Aleonysh [2.5K]

Answer: 1. To Evaluate

2. To Summarize

3. To Synthesize

4. To Analyze

Explanation:

1. <em>When evaluating a work the main goal is to determine its worth and this is usually done based on previous perceptions as well as set standards.</em> The person is statement 1 gives their opinion of the movie basing it off of the director being too ambitious. They give the film a low value because people were sleeping through it and then offer their opinion that the book should be read and the movie avoided.

2. <em>When summarising the main purpose is to convert the large amount of information available to a smaller and more concise format from which the main idea of the work can be discovered immediately. </em>The owner of the second statement made you as the reader know what happened in the film in not too many words so you get the main idea.

3. <em>When works are synthesized, the author makes note of different things and then brings them together to form something entirely new. </em>The author of this statement notes how the various elements were used to entice the viewer such as the music, the actions of the actors, and the tight camera angles. These are things were not central to the movie but the author made note of them and created a whole new narrative of why the movie was so successful.

4. <em>When analyzing, the work is broken down into its composite parts to see how and if the parts go together</em>. The author of the statement breaks the film down into a composite part which was when the prisoners helped the guards in shutting down the riots. The author then proceeded to explain how this part is not logical and then related this to the entire movie showing that the author also dissected other parts of the film and saw similar behavior.

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3 years ago
What is the key to economics? Explain.
Lady_Fox [76]

Answer:

At the most basic level, economics attempts to explain how and why we make the purchasing choices we do.

Explanation:

this was a answer from my school

6 0
3 years ago
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Which of the following is not a source of funding
Snezhnost [94]

Answer:

Correct option is

C. Issue of bonus shares

By source of funds we mean that money is coming in the business. In the given question all of them are sources of funds except issue of bonus shares. The company issues bonus shares out of its own reserves and hence there is no money received by the company for such shares. Rest all being sale of fixed assets, issue of share capital and issue of shares for consideration other than cash are a part of sources of funds.

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Answer and Explanation:

The preparation of the analysis that depicts the total cost saving is presented below:

Particulars                               Make          Buy      Net Income or decrease

Variable

Manufacturing Cost             $73,500           -          $73,500

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Fixed

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Total annual cost                 $102,900      $117,600    ($14,700)

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