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
pashok25 [27]
3 years ago
8

Prepaid insurance $ 2,300; Inventory $ 1,800; Cash $ 2,500; Equipment $ 6,700; Accounts receivable $ 1,500; Trademarks $ 5,600;

Debt investments (long-term) $ 3,300; Accumulated depreciation—Equipment $1,600
Business
1 answer:
Nostrana [21]3 years ago
5 0

Answer:

The correct answer to the following question will be "$22100".

Explanation:

The given values are:

Prepaid insurance

= $2,300

Inventory

= $1,800

Cash

= $2,500

Equipment

= $6,700

Accounts receivable

= $1,500

Trademarks

= $5,600

Debt investments

= $3,300

Accumulated Depreciation

= $1,600

Now,

⇒ Total assets = Prepaid Insurance + Inventory + Cash + Equipment + Accounts receivable + Trademarks + Debt investments - Accumulated Depreciation

On putting the estimated values, we get

⇒                       = 2300 + 1800 + 2500 + 6700 + 1500 + 5600 + 3300 - 1600

⇒                       = 23700 - 1600

⇒                       = 22100

You might be interested in
Select sales companies offer of shares of stock in itself to anyone who is willing to pay $60 per share is
LiRa [457]

Select Sales Companies offer of shares of stock in itself to anyone who is willing to pay $60 per share is a public offering. A public offering is the offering of securities of a company to the public. Generally, the securities are to be listed on a stock exchange. Businesses usually go public to raise capital in hopes of expanding.

7 0
3 years ago
Few restaurant management students opt for ____________________management, believing it lacks the variety, glamour and opportuni
sammy [17]

Answer: Quick service

Explanation:

  According to the given question, the few restaurants student opting quick service management is the process of lack of varieties, opportunities and the glamour.

The Quick service is one of the disadvantage method using in the management as it contain the fast serving of the food and lack of the various types of variety in the food menu.

We are not able to manage all the stuff in order to satisfying the customer requirement and also lacks the opportunities for the self expression. Therefore, Quick service is the correct answer.  

4 0
3 years ago
Which of the following mechanisms would be most likely to help motivate managers to act in the best interests of shareholders?
myrzilka [38]

Answer:

The correct answer is d) Increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries.

Explanation:

Option D. represents two situations that perfectly describe the interest that the shareholders pursue: the maximization of the profits of the company where they have their resources invested.

The shareholder, on the other hand, is also an investor, since he contributes capital with a view to obtaining a dividend.

Its investment is said to be in equities, given that there is no contract through which the shareholder will receive fixed fees in return for his investment. Their remuneration is through two ways:

  1. Dividend
  2. Increase in the price of the company. This is produced by its good progress and its ability to generate future benefits, as well as by the increase in assets through past benefits.
5 0
3 years ago
How do I get gud at craft
irakobra [83]

Answer:

practice at least two times per day

3 0
3 years ago
Read 2 more answers
Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been closed. For a c
alexandr402 [8]

There is some information missing and I looked up it. If the numbers are not exactly the same, you adjust them to your question.

  • The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $166,436.
  • The bank collected $26,500 on a $25,000 note, including interest of $1,500.
  • A check for $4,000 returned with the statement had been incorrectly recorded by Pala Medical Co. as $400. The check was for the payment of an obligation to Skyline Supply Co. for a purchase on account.
  • Bank service charges for June amounted to $55.

Answer:

June 30, 20Y1

Dr Cash 26,500

    Cr Notes receivable 25,000

    Cr Interest revenue 1,500

Dr Cash 3,600

    Cr Accounts receivable 3,600

Dr Bank fees expense 55

    Cr Cash 55

If a balance sheet were prepared for Pala Medical Co. on June 30, 20Y1, what amount should be reported as cash?

$166,436 + $26,500 + $3,600 - $55 = $196,481

6 0
3 years ago
Other questions:
  • Match each of the following characteristics or scenarios with either the term negative externality or the term positive external
    15·1 answer
  • It would bother you very much if you knew another employee was losing The company money because of rudeness to customers or vend
    15·2 answers
  • Assume the spot rate of the British pound is $1.73. The expected spot rate 1 year from now is assumed to be $1.66. What percenta
    9·1 answer
  • Plz, help ASAP!!!!!!!!!!!!!!!!!!!!!
    13·1 answer
  • Salvatore and Annette are sales managers for Acme USA. Both work full-time in the Acme offices under the same manager, and share
    9·1 answer
  • What is the var of a 10 million portfolio with normally distributed returns at the 5% VaR? Assume the expected return is 13% and
    15·1 answer
  • When using straight-line depreciation to compute depreciation for a partial​ year:
    11·1 answer
  • Tulane Tires wrote a contract for a $104,000 sale of tires to the new Garden District Tour Company. Tulane only anticipates a sl
    7·1 answer
  • If the required reserve ratio
    14·1 answer
  • The three components that are most important for establishing credibility are competence, caring, and.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!