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Alik [6]
3 years ago
10

A business has the following items: - Land $1,500,000 - Machinery $30,000 - Cash $10,000 - Loan $500,000 - Owner’s equity? _____

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

Answer:

The owner's equity amounts to $1,040,000

Explanation:

The formula to compute the owner's equity is as:

Owner's equity = Assets - Liabilities

Where

Assets = Land + Machinery + Cash

= $1,500,000 + $30,000 + $10,000

= $1,500,000 + $40,000

= $1,540,000

Liabilities = Loan

= $500,000

Putting the values above in the formula:

= $1,540,000 - $500,000

= $1,040,000

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A college graduate who is searching for his first job illustrates the concept of cyclical unemployment. frictional unemployment.
zvonat [6]

Answer: frictional unemployment

Explanation:

Frictional unemployment is also referred to as search unemployment. Frictional unemployment is the time that people spend between jobs when they are looking for a job or in cases whereby they are transferring from one job and looking for another job.

The turnover in the labor market is actually a reason for being frictionally unemployed. Also, when someone graduates from college, the person also begins to look for work. The person is frictionally unemployed during the time that he or she is looking for job.

7 0
3 years ago
A company exchanged land and cash of $4,500 for similar land. The book value and the fair value of the land were $89,800 and $10
ololo11 [35]

Answer:

b.$106,000 $11,700

Explanation:

Given that

Fair value = $101,500

Land and cash = $4,500

Book value = $89,800

The computation of record land-new and a gain/(loss) is shown below:-

Record Land New = Fair Value + Land and cash

= $101,500 + $4,500

= $106,000

Gain (loss) = Fair Value - Book value

= $101,500 - $89,800

= $11,700

Therefore the record of land new is $106,000 and gain is $11,700

5 0
3 years ago
in a simple economy with no government, aggregate expenditure is group of answer choices consumption plus the mpc. mpc mps. cons
vlabodo [156]

On a simple economy with no government, aggregate expenditure is consumption plus investment.

Hence, option C is correct.

What do you mean by Aggregate expenditure and consumption?

Aggregate expenditure can be defined as a macroeconomic tool which is used to measure  the total amount of economic activity or total output within a country.

It is one of the methods to calculate GDP.

Consumption on the other hand requires the individual to actually consume/ use something.

The main types of consumption include convenience, shopping, specialty, and unsought consumer goods.

Hence, On a simple economy with no government, aggregate expenditure is consumption plus investment.

Hence, option C is correct.

To know more about Expenditure from the given link

brainly.com/question/832717

#SPJ4

8 0
10 months ago
All receivables that are expected to be realized within a year are reported in the __________ section of the balance sheet.
REY [17]

All receivables that are expected to be realized within a year are reported in the

Reconstruction

section of the balance sheet.

Reconstruction

was a success in that it restored the United States as a unified nation: by 1877, all of the former Confederate states had drafted new Reconstruction also finally constitutions, acknowledged the Thirteenth, All receivables that are expected to be realized within a year are reported in the  section of the balance sheet. Fourteenth, and Fifteenth their loyalty to the U.S. government. settled the states’ rights vs.

federalism

debate that had Amendments, and pledged been an issue since the 1790s.

Reconstruction

failed by most other measures: Radical Republican legislation ultimately failed to protect former slaves from white persecution and failed to engender fundamental changes to the social fabric of the South. When President Rutherford B.

federalism

debate that had been an issue since the 1790s almost mediately . Hayes removed federal troops from the South in 1877, former Confederate officials and slave returned to With the support of a conservative Supreme Court, these newly empowered white southern politicians passed black codes, voter qualifications, and other anti-progressive legislation to reverse the rights that blacks had gained during Radical Reconstruction. The U.S. Supreme Court bolstered this anti-progressive movement federalism  with decisions in the Slaughterhouse Cases, the Civil Rights Cases, and United States v.

Learn more about

Reconstruction

on:
brainly.com/question/24761999

#SPJ4

6 0
1 year ago
The normal rate of unemployment around which the unemployment rate fluctuates is called cyclical unemployment.
Ratling [72]
Yo, the answer to your question is FALSE
4 0
2 years ago
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