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IRINA_888 [86]
3 years ago
8

The following information ($ in millions) comes from a recent annual report of Amazon, Inc.:

Business
1 answer:
tino4ka555 [31]3 years ago
4 0

Answer:

(a) Amazon's balance in cash at the beginning of the year is $1,085 million

(b) Amazon's total liabilities at the end of the year is $3,914 million

(c) Cost of goods sold for the year is $8,264 million

(d)  Income before income tax for Amazon is $366 million

Explanation:

(a) Beginning cash balance = Ending cash balance - net increase in cash for the year

= $1,104 million - $19 million

= $1,085 million

(b) Total assets = Total liabilities + Total stockholders' equity

$4,417 million = Total liabilities + $503 million

Total liabilities = ($4,417 - $503) million

= $3,914 million

(c) Cost of goods sold = net sales - gross profit

= $10,722 million - $2,458  million

= $8,264 million

(d)  Income before income tax = Gross profit - operating expenses - other expenses

= $2,458 million - $2,062 million - $30 million

= $ 366 million

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Dan signs a check payable to Eagle Investors, Inc., and gives it to Eagle, leaving the amount blank but authorizing Eagle to fil
34kurt

Answer:

$1,500

Explanation:

Based on the information given we were told that Eagle fills in the amount of $1,500 instead of the amount of $1,000 which Dan authorize Eagle to fill in which they went ahead to as well negotiates the check payable to First State Bank because Eagle owes First State Bank the amount of $1,500 which means that First State Bank which is an HDC, can enforce the check for the amount of $1,500 which was negotiated by Eagle to First State Bank.

Therefore First State, an HDC, can enforce the check for: $1,500

8 0
3 years ago
On time airways will pay you $456 for working two weeks at $12 per hour. how many hours will you work per week?
qwelly [4]
You will work 38 hours per week. It is super simple, all you have to do is divide 456 by 12, and then that's your answer. Can I plz have brainliest and ty :)
8 0
3 years ago
3. Vegetables wilt or soften and their color intensifies as they
maks197457 [2]

[] Answer []

\boxed{Boil}

[] Explanation []

<u><em /></u>

<u><em>Vegetables wilt or soften and their color intensifies as they boil</em></u>.

      When boiling vegetables, the food will be sitting in a pot of water with the heat on low, medium, or hight. Once the water gets warmer, the water will cook the vegetables, causing them to get tender and softer. This will cause the vegetables color to get darker, and go limp.

       When boiling vegetables, the flavor will not intensify, just the color, and it's shape. The water will drain any tase from the vegetable, but it will cause the food to go limp and get softer. Boiling is a famous way to cook your favorite vegetables, although the taste is not highly favored among lots of people.

\boxed{[] \ Eclipsed \ []}

8 0
3 years ago
Information related to Tamarisk, Inc. is presented below. 1. On April 5, purchased merchandise on account from Culver Company fo
GREYUIT [131]

Answer:

Required a

<u>April 5,</u>

Merchandise $38,900 (debit)

Accounts Payable ; Culver Company  $38,900 (credit)

<u>April 6</u>

Freight Cost $800 (debit)

Cash $800 (credit)

<u>April 7</u>

Equipment $39,900 (debit)

Accounts Payable $39,900 (credit)

<u>April 8</u>

Accounts Payable ; Culver Company  $5,000 (debit)

Merchandise $5,000 (credit)

<u>April 15</u>

Accounts Payable ; Culver Company  $33,900 (debit)

Discount Received $678 (credit)

Cash $33,222 (credit)

Required b.

Accounts Payable ; Culver Company  $33,900 (debit)

Cash $33,900 (credit)

Explanation:

When Tamarisk, Inc. paid the balance due to Culver Company on April 15, the payment is made within the discount period. Thus Tamarisk, Inc <em>is granted a discount of 2%</em> and pays the Account at $33,222 (net of credit granted on merchandise previously returned) .

However, when Tamarisk, Inc. paid the balance due to Culver Company on May 4 instead, the payment is made outside the discount period. Thus Tamarisk, Inc is <em>not granted a discoun</em>t  pays the Account in full at  $33,900 (net of credit granted on merchandise previously returned) .

6 0
4 years ago
If the borrower has a previous foreclosure, can he use FHA to purchase a new home?
snow_tiger [21]

Answer:

Yes he can use FHA

Explanation:

Because FHA Loans are the most forgiving of foreclosures. To qualify for an FHA mortgage loan, you must wait at least three years after the foreclosure. The three year clock starts ticking from the time that the foreclosure case has ended, usually from the date that you prior home was sold in the foreclosure preceeding. If the foreclosure also involved an FHA loan, the three year waiting periods starts from the date that FHA paid the prior lender on its claim

6 0
3 years ago
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