Answer:
the current asset for Jones company is $80,800
Explanation:
The computation of the current asset is shown below
Current Assets = Cash + Accounts Receivable+ Prepaid Insurance
= $47,000 + $24,000 + $9,800
= $80,800
hence, the current asset for Jones company is $80,800
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
10 hams
Explanation:
It is given that 10 people can produce 1 ham in a month. It is assumed that whatever is produced is consumed. So, 100 people will produce 10 hams that is 100 ÷ 10 = 10 in a month. So, 100 people can consume 10 hams, that are produced in a month.
So, residents can consume maximum 10 hams (same amount as produced) in a month.
Answer:
$120
Explanation:
Given:
• Geometric growth rate of existing financial security:
$4 to $8 to $16 to $32 to $64 to $128
• Arithmetic growth rate of underlying assests:
$4 to $6 to $8 to $10 to $12 to $14
From the values, when the price of the underlying assests is $14, the price of the existing financial security is $128.
We are told to that when values of financial secrities increased from $4 to $128, that of underlying assests also increased from $4 to $14. If patterns hold for decreases as well as for increases. Therefore to get the value of financial securities decline if the value of underlying assests suddenly and unexpectedly fell by $6, we have:
Price of underlying assests when decreased by $6 =
$14-$6 = $8.
Therefore, price of existing financial security decline wil be:
$128-$8 = $120
The goverment. because the goverment is responsible for everything! :)
