Balance sheet equation states that:
Assets, A = Liabilities, L + Equity, E => A=L+E
In the current case,
L = Long term debt + Current liabilities = $8,675+$1,865 = $10,540
E = $14,865
Therefore,
A = 14,865 +10,540 = $25,405
Now,
Current assets (excluding cash) = current liabilities+Net working capital, other than cash = $1,865+$2,315 = $4,180
Additionally,
A = Fixed assets+Current assets (excluding cash) + Cash
Therefore,
Cash = 25,405-20,660-4,180 = $565
I believe it is because with a net you simply find the area, and measuring 2D shapes is far easier than 3D shapes.
Hope this helped!
- Z
Answer:
TRAIN TRACKS!!!!
Step-by-step explanation:
on edge
Answer:
Step-by-step explanation:
could you provide a picture and i can give you a step by step explanation
8.5 yd/1 * 3ft/1yd ................
