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3 years ago

Continuously learning about your captivity environment and the captor is known as ___________________.

1 answer:

7 0

Continuously learning about your captivity environment and the captor is known as situational awareness. It <span> is the ability to identify, process, and comprehend the critical elements of information about what is happening. Hope this answers the question.</span>

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Problem 2-16 Balance Sheet (LG2-1) Glen’s Tobacco Shop has total assets of $96.4 million. Fifty percent of these assets are fina

snow_lady [41]

Answer:

The balance for long-term debt and retained earnings on Glen’s Tobacco Shop’s balance sheet is $18.2 million and $27.8 million respectively

Explanation:

The computation is shown below:

Given that

Debt = 50% × Total Assets

= 50% × $96.4 million

= $48.20 million

As we know that

Total Debt = Current Liabilities + Long Term Debt

$48.20 million = $ 30.0 million + Long Term Debt

So, the long term debt is $18.2 million

Now,

Total Assets = Total Liabilities + Owner's Equity

where,

Total Assets = Long Term Debt + Current Liabilities + Common Stock and paid-in surplus + Retained Earnings

$96.4 million = $18.2 million + $30.0 million + $20.4 million + retained earnings

So, the retained earnings is $27.8 million

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3 years ago

Travis Company purchased merchandise on account from a supplier for $10,000, terms 2/10, net 30. Travis Company paid for the mer

jeyben [28]

Answer:

a. Dr Inventory $10,000

Cr Accounts payable $10,000

b. Dr Accounts payable $10,000

Cr Cash $9,800

Cr Inventory $200

Explanation:

Preparation of the Journal entries Under a perpetual inventory system,

a. Dr Inventory $10,000

Cr Accounts payable $10,000

( To record purchase of merchandise)

b. Dr Accounts payable $10,000

Cr Cash $9,800

($10,000-$200)

Cr Inventory $200

(2%*$10,000)

( To record payment for merchandise)

Discount amount = Amount due x Discount percentage

Discount amount= 10,000 x 2/10

Discount amount= $200

3 0

3 years ago

An oligopoly exists when there is a lot of variety in the number of sellers and producers of media content, but not much variety

Alex73 [517]

An oligopoly does not exist when there is a lot of variety in the number of sellers and producers of media content.

What is an oligopoly-

An Oligopoly is a type of market in which :

Few numbers of buyers and sellers.
High capital cost to entry in the market.
Similar but slightly different products. (eg. Cold drink companies)
Entry may be restricted to a few firms
there can be informal cartels within the existing firms which do not allow others to come in.
The action of one firm has an effect on the whole market, this will leads to a prisoner's dilemma.

An example of an oligopoly market is - the Organisation of petroleum exporting countries(OPEC).

Disclaimer- The Question is incomplete the question may be "An oligopoly exists when there is a lot of variety in the number of sellers and producers of media content, but not much variety in what they actually produce. Is this statement true or false?"

To learn more about the types of markets please click on the link

brainly.com/question/24877850

#SPJ1

5 0

2 years ago

Lauren Barton, a single mother with three children, lived in Portland, Oregon. Cynthia VanHorn also lived in Oregon until she mo

AleksandrR [38]

The cengage learning for the mitigation is the difference between the agreed upon $72000 less what was earned from the $25000 position that barton managed to obtain

<u>Explanation</u>:

Mitigation of damages:

In the case of barton v. vanhorn a court would consider barton's attempts at findings similar employment a reasonable step in mitigating her damages.

Under the doctrine of damage mitigation, a wrongfully terminated employee must look for other compartable employment, and subtract whatever you make from that job from what you request in damages.

Damages in the case would be the difference between the agreed upon $72000 less what was earned from the $25000 position that barton managed to obtain.

6 0

3 years ago

Be-The-One is a motivational consulting business. At the end of its accounting period, December 31, 20Y2, Be-The-One has assets

Ann [662]

Answer:

a. Stockholders' equity as of December 31, 20Y2

Assets = Equity + Liabilities

395,000 = Equity + 97,000

Equity = 395,000 - 97,000

= $298,000

b. Stockholders' equity as of December 31, 20Y3.

Assets = Equity + Liabilities

(395,000 - 65,000) = Equity + (97,000 + 36,000)

330,000 = Equity + 133,000

Equity = 330,000 - 133,000

= $197,000

3 0

3 years ago