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Zinaida [17]
3 years ago
8

You are compiling Bertram Boat’s balance sheet. According to your calculations, Bertram has current assets of $85,000 and proper

ty, plant, and equipment of $235,000. Your supervisor reminds you, however, that your figures fail to account for the fact that Bertram anticipates it will collect only $48,000 of its $50,000 accounts receivable in cash. With this information in mind, what are Bertram’s total assets?
Business
1 answer:
iragen [17]3 years ago
3 0

Answer:

$318,000

Explanation:

The computation of the total assets is shown below:

= Current assets +  property, plant, and equipment - difference in amount

= $85,000 + $235,000 - $2,000

= $318,000

The difference of amount is

= Account receivable - collected amount

= $50,000 - $48,000

= $2,000

Since the current asset is already given so we considered the difference in amount to find out the total asset.

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Jessica bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $250 less than the desktop. She
RUDIKE [14]

Answer:

Let desktop cost = x

Let laptop cost = x - 250

According to equation:

(x*7)/100 + (x-250)*8/100 = 325

7x + 8x - 2000 = 32500

15x = 32500+2000

15x = 34500

x = 2300

Desktop cost before finance charge = $2,300

Laptop cost before finance charge = $2,050 ($2,300-$250)

4 0
3 years ago
Looking to increase the profits of his lemonade stand, Johann doubled the price of a cup of lemonade from 25 cents to 50 cents.
hjlf

Answer:

<u>1. Johann is looking to double the profits of his lemonade stand</u>

Explanation:

Note that Johann was<em> still making m</em>oney from lemonade stand but was not content with the profits he was making that was his argument or reason for increasing the price of a cup of lemonade from 25 cents to 50 cents.

<em>Without having forsight</em> Johann's decision eventually resulted in him selling fewer cups at the new price and therefore making less money than before.

7 0
3 years ago
While waiting in line to buy two tacos at 75 cents each and a medium drink for 80 cents, Jordan notices that the restaurant has
puteri [66]

Answer:

The correct answer is $0,20.

Explanation:

The marginal cost, at each level of concrete production, indicates the costs we incurred in carrying out said production. Basically, it is an indicator that will allow us and help to make decisions regarding the preparation and production of goods and services.

In the previous case, the cost of buying two tacos for $ 75 each plus a $ 80 bedid is as follows:  

Tacos: $ 75 * 2 = $ 1,50

Drink: $ 80

TOTAL = 2,30

For its part, the second option is priced at $ 2,50

Subtracting the results, the marginal cost is defined as follows:

$ 2,50 - $ 2,30 = $ 0,20

6 0
3 years ago
Fred and Torrie Jones are a retired couple looking for income. They are currently rebalancing their portfolio of stocks to inclu
sergey [27]

Answer: E

Dividend yield

Explanation:

Dividend yield is a company's total annual dividend payments divided by its number of shares. Since Fred and Torrie are more interested in how much dividends their investment will yield, one metric that will prove useful is the dividend yield per share. Contribution margin and current ratio are about how well the company is being run and does not directly reflect divided. Dividend payout ratio has no relationship between invested funds and dividend, it only compares dividend against reported profit.

4 0
3 years ago
Read 2 more answers
Lola owns a one-half interest in the Lenax LLC. Her basis in this ownership interest is $22,000 on December 31, 2016, after acco
Marina CMI [18]

Answer:

The answer is Lola should acknowledge a $3,000 from this distribution.

Explanation:

From the question given, we say that, Lola should acknowledge a $3,000 from this distribution.

Recall that

The Cash Distributed  cash = $ 25,000

The Basis in this ownership of interest is  = $22,000

The Gain = $3,000

Lola basis after the distribution is zero.

Therefore Lola should accept this distribution of a $ 3000

7 0
4 years ago
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