Answer:
option (b) 20
Explanation:
Data provided in the question:
Net fixed assets = $400,000
Short-term liabilities = $30,000
Long-term liabilities = $20,000
Common stockholders' equity = $90,000
Total stockholders' equity = $100,000
Now,
Ratio of fixed assets to long term liabilities
= Net Fixed assets ÷ Long term liabilities
or
= $400,000 ÷ $20,000
= 20
Hence,
The correct answer is option (b) 20
Answer:
Direct method
Explanation:
There are three types of activities in the cash flow statement under the direct method
1. Operating activities: It records those transactions which are related to the cash receipts and cash payments.
Like:
Cash flow from Operating activities
Collections from customers
Less: Cash paid to suppliers and employees
Less: Interest and taxes paid
Net Cash flow from Operating activities
2. Investing activities: It records those activities which include purchase and sale of the long term assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
Answer:
All Internet advertisements directed to California insurance consumers must include the agent's California insurance license number in addition to the agent's principal place of business.
good luck
Answer:
$84,250
Explanation:
The computation of the estimated inventory loss is shown below:
= Opening Inventory + Purchases - Cost of Sales
where,
Cost of sales is
= $494,000 ×100 ÷ 160
= $308,750
And, the opening inventory is $184,000
And, the purchase is $209,000
So, the estimated inventory loss is
= $184,000 + $209,000 - $308,750
= $84,250
We simply applied the above formula so that the estimated inventory loss could arrive
Answer:
The answer is "50%"
Explanation:
Modify the state budget Act of 1974 to boost the FY in 1994 and 1995. It is the maximum federal debt quantity and also to set these other quantities for FY 1996 to 1998. Repudiates in the 1994 and 1995 boundaries on consumption spending.
In the Act of 1993, it modifies the 1986 active losses restrictions so, that it allowed rental damages from other revenues to also be deducted from persons who significantly participated such rental properties.
The person may allocate 50% to his time towards services rendered throughout a tax year from the business.
