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3 years ago

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A company has the following balances in its asset accounts: Cash, $750; Accounts Receivable, $125; Equipment, $2,000; Supplies,

$875. The amount of the company’s total assets is

2 answers:

SCORPION-xisa [38]3 years ago

8 0

It would be, 750 + 125 + 2,000 + 875 so the company's total assets is 3,750$
Hope this helps!

dangina [55]3 years ago

3 0

Add them together $750+2,000+$125+$875

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Ryan sends Michael a letter of intent for the purchase of a tract of land. The letter of intent outlines the purchase price, the

Sedaia [141]

Answer:

B) The letter of intent is an invitation to negotiate, which is not an offer.

Explanation:

A letter of intent is simply an invitation to negotiate any type of transaction, sales or lease. The amounts included in the letter can serve as a basis for the negotiating or bargaining process, but they are not fixed and even Ryan can change them. This is similar to an ad in a newspaper that offers something for sale. Until the bargaining process is over and both parties agree on the consideration exchange and other terms, it is just a notice without any legal value.

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3 years ago

Brief Exercise 22-09 Kaspar Industries expects credit sales for January, February, and March to be $211,000, $270,600, and $315,

aniked [119]

Answer:

Results are below.

Explanation:

Giving the following information:

Credit sales:

January= $211,000

February= $270,600

March= $315,300

It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month.

<u>Cash collection January:</u>

Sales on credit from January= (211,000*0.75)= 158,250

Total cash collection= $158,250

<u>Cash collection February:</u>

Sales on credit from February= (270,600*0.75)= 202,950

Sales on credit from January= (211,000*0.25)= 52,750

Total cash collection= $255,700

<u>Cash collection March:</u>

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Total cash collection= $304,125

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3 years ago

Philip is a new manager of a 15 person manufacturing operation. His predecessor has handed him a complete annual plan (with budg

romanna [79]

Answer:

Phillip is stunned because he has not been attending to the management function of "controlling".

Explanation:

The four management functions are; planning, organizing, leading and controlling.

Controlling involves monitoring the processes and activities involved as an organization works, according to laid down plans, towards achieving set goals and objectives.

<em>Phillip is stunned because he has not been monitoring comparing the progress made so far with the strategic plan (i.e. he has not been controlling the strategy implementation activity).</em>

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4 years ago

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Kruka [31]

Answer:

b.moral hazard

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If a person borrow from bank to buy car but actually he borrow to pay lottery. in this case the person will face Moral Hazards.

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3 years ago

The difference between a change in supply and a change in the quantity supplied is that the latter is:.

lakkis [162]

A change in quantity supplied is a movement along the supply curve, while a change in supply is a shift in the supply curve.

<h3>What is a supply curve?</h3>

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<h3>What is a change in supply and a change in quantity supplied?</h3>

A change in quantity supplied is as a result of a change in the price of the good. If price increases, quantity supplied increases and if it decreases, quantity supplied decreases.

A change in supply is caused by other factors other than price. Some of these factors include:

A change in the number of suppliers
The cost in the price of raw materials needed in the production of the good.

A change in supply leads to a movement outward or inward.

To learn more about supply curves, please check: brainly.com/question/26073189

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2 years ago