Answer and Explanation:
The Preparation of balance sheet is shown below:-
Balance Sheet
Current liability
Long term debt of Current portion $40,100,000
Long term liability
Notes payable $31,900,000
($40,100,000 - $8,200,000)
Total liabilities $72,000,000
So, to reach the total liabilities we simply add the long term debt of current portion with notes payable.
Answer: d. Is established to protect the corporation's creditors.
Explanation:
A corporation's legal capital is the part of a company's equity that absolutely cannot be allowed to leave the company. It is illegal to distribute them as dividends or any other means.
The purpose of this is to ensure that the creditor's rights to assets in the company are protected in the event that some mishap should befall the company.
Answer:
d. Behavior Observation Scale
Explanation:
She uses the Behavior Observation Scale which refers to an appraisal method that measures behavior against levels of performance and also measures the frequency with which the behaviors occur as here Zoe would like to terminate the employee who is always busy on her cell phone and not focusing on her work, therefore,<em> she is measuring the frequency of behavior of that employee so that she can share that information with the employee</em>.
Answer:
Ending cash balance$8,230
Explanation:
Preparation of basic cash budget for the month of January.
Wildhorse Co CASH BUDGET for the month of January
Beginning cash balance$11,890
Add: Cash receipts $59,320
Total cash available $71,210
($59,320+$11,890)
Less: Cash disbursements ($66,850)
Excess of available cash over cash disbursements $4,360
Financing needed $3,870
($8,230-$4,360)
Ending cash balance$8,230
Therefore the basic cash budget for the month of January will be $8,230
Answer:
1 . b
2. 84.03 euro
3. 135.28 euros
4. 177.22 dollars
5. 0.77
6. 0.154
Explanation:
1. Dollar depreciated
2. 1 Euro = 1.19 dollars
So therefore
1 dollar = 1 euro/1.19
So 100 dollars = 100 * (1/1.19) = 84.03 Euro.
3. A = p * (1 + (r/n))^(nt)
Where p = principal = 84.03
A = accrued amount after maturity
r = rate = 10%
n = number of compounding = yearly = 1
t = time of maturity = 5
So therefore:
A = 84.03 (1 +0.1)^5
A = 135.28 Euro
4. Convert 135.28 euros to dollars after 5 years
Since 1 Euro = 1.31 dollars
So therefore 135.28Euro will be 1358.28 * 1.31 = 177.22 dollars
5 - (final value/initial value) - 1 )
Where final value = 177.22
Initial value = 100
So therefore [ (177.22/100) - 1] = 0.77
6 - average annual return = sum of earning after maturity / time of maturity
So therefore : 0.77/ 5 = 0.154
