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3 years ago

Ginger Enterprises began the year with total assets of $500,000 and total liabilities of $250,000.

Business

1 answer:

vazorg [7]3 years ago

6 0

Answer:

1. $250,000

2. $273,000

3. $455,000

4. $750,000

Explanation:

We know that

Accounting equation is

Total assets = Total liabilities + Shareholder equity

1. The equity would be

= $500,000 - $250,000

= $250,000

2. The equity would be

Total assets = $500,000 + $100,000 = $600,000

Total liabilities = $250,000 + $77,000 = $327,000

So, the equity is

= $600,000 - $327,000

= $273,000

3. Total assets

Total liabilities = $250,000 + $33,000 = $263,000

Owner equity = $250,000 - $58,000

= $192,000

So, the total assets is

= $263,000 + $192,000

= $455,000

4. Total liabilities equal to

= $1,000,000 - $250,000

= $750,000

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How physical asset valuation (PAV) and research and

stellarik [79]

Answer:

We'll take this one after the other.

A. First Physical Asset Valuation (PAV) refers to the act of writing up or writing down the carrying value of an organisations assets in its balance sheet.

In simple terms, it refers to increasing upwards or downwards the value of an organisations asset in its balance sheet.

When assets are written down, the following are likely to occur:

Critical changes to an organization’s business model or strategy, such as termination of the business and loss of a regulatory licence;

A significant reduction in the cash flow or bottom line of the business;

when the long term growth rates, interest rates or other financial factors such as prices or value of currencies, upon which a business valuation based decline, this impacts the valuation of an asset negatively.

B. Research and Development (R&D)

R&D refers to all the studies, scientific investigations and experiments carried out to enable the discovery and creation of a new or innovative product or service that is more efficient and effective.

The reason there is a risk associated with R&D is that there are usually many elements of uncertainty.

The ideas being tested are usually novel and have not been tried before.

Some of the risks associated with R&D are:

the possibility that the new product will fail in the market;

a new product or service that is does not work

the possibility of cost creep. That is a situation where the cost of the R&D outweighs the potential profit from the product or service.

Cheers!

6 0

2 years ago

In a _____________________ contract, a family worked a small part of a large farm in exchange for part of the crop.

sweet [91]

In a tenancy contract, a family worked a small part of a large farm in exchange for part of the crop.

<h3>What is a tenancy contract?</h3>

Tenancy agreement or rental contract is a legally enforceable agreement that grants the renter use of a property for a specific usage and time period. The agreement outlines every aspect of the lease as well as the standards and expectations that were mutually agreed upon by the parties.

A lease, which is more common for a fixed time, is different from a rental agreement, which is a contract of the rental between the owner of a property and a renter who wants to have temporary possession of the property. Rental agreements are typically written.

An arrangement between you and a landlord is known as a tenancy agreement. As long as you pay rent and abide by the rules, you are permitted to occupy a property. It also outlines the tenancy's legal terms and restrictions.

A tenancy agreement is regarded as a periodic lease in the business world, with a one-month notice period for termination available to either the landlord or the tenant.

To learn more about tenancy contracts refer to:

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1 year ago

As robin uses her computer to write a report of her team’s investigation she is struggling to keep the foot notes numbered in th

forsale [732]

It is advisable for Robin to use the word-processing software to enter footnotes to number them systematically.

<h3>What is a Word Processing Software?</h3>

The different computer programs, which are easily to be performed in the Word documents, is done with the help and assistance of a word processing software.

The functions of Word Processing Software are performed automatically and saves a lot of time and man-hours.

Hence, option B holds states about the word processing software. Complete question is attached in the image below for better understanding of the concept.

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1 year ago

A coal mine cost $ 1 comma 001 comma 000and is estimated to hold 57 comma 000tons of coal. There is no residual value. During th

lorasvet [3.4K]

Answer:

Depletion expenses for the first year is $210736.840

Explanation:

Depletion expenses= (Cost of coal mine - residual value) / Total tons of coal * tons extracted

=(1,001,000 - $0) / 57,000 tons * 12,000 tons

=$210736.8421

=$210736.840

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2 years ago

Which of these is an example of a good with elastic supply?

DerKrebs [107]

Answer:

sandwiches

Explanation:

supplier has plenty of spare capacity to increase output

high stocks levels are available to meet raising demand

short production time frame to get products to market

easy of factor substitution is high

8 0

3 years ago

Read 2 more answers