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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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You are trying to explain to your friends the importance of using real GDP to measure economic health over time, but some of the
Yuri [45]

Answer: $15,909.09

Explanation:

Nominal GDP is the value of goods and services that is calculated on the basis of current year prices whereas Real GDP is the value of goods and services that is determined on the basis of Base year prices. If we are using the identical price for both the years for calculating GDP then we can see the increment in the current year GDP from the last year. This means that the quantity of goods produced in the current year is larger than the last year. That's why it is important to use Real GDP rather than Nominal GDP.

Given that,

Nominal GDP (millions of dollars) = $14000

Price level (GDP deflator) = 88

\text{GDP dflator}=\frac{Nominal\ GDP}{Real\ GDP}\times100

\text{88}=\frac{14,000}{Real\ GDP}\times100

Real GDP = 159.09 × 100

                = $15,909.09

Hence, Real GDP = $15,909.09.

Therefore, Real GDP is greater than Nominal GDP hence we can say that the amount of good produced is worth more than $14,000.

3 0
3 years ago
What information is the buyer entitled to?
erastovalidia [21]

Answer:

notbuiseness

Explanation:

7 0
3 years ago
g Given the information below: ASSETS LIABILITIES Cash and cash equivalents $10,000 Current debts for the year $15,000 Other liq
artcher [175]

Answer:

The solvency ratio is closest to: B. 33%.

Explanation:

<em>The solvency ratio = After tax Net Operating Income ÷ Total Debt</em>

Thus,

The solvency ratio = $75,000 ÷ ($15,000 + $200,000)

                               = 35.88%

Therefore this is closest to B. 33%.

6 0
3 years ago
Regina pays her credit card balance in full each month. Last month her average daily balance was $345 and the APR is 11.2%. The
blondinia [14]

Answer: The correct answer is False.

Explanation: When a customer pays off their credit card balance in full each month there is not a finance charge, which makes this answer false. Interest in not charged to a credit card account until the prior month’s balance is not paid in full.

6 0
3 years ago
If a company wished to alter a product's platform so that the product could be manufactured in a variety of forms, to meet local
kirill115 [55]

Answer:

Core components

Explanation:

In the product component model, the core component is the area concerned with what satisfies the needs and wants of customers.

If a company wishes to meet local differences in five foreign markets like un the question stated above, the core components contains what the customers in each of those five foreign markets are interested in.

The core components vary between markets. Market A, may like the color of the product in red and market B may like the color of the product in blue. So identifying these things and satisfying the needs of the customers would be done in the core component.

4 0
3 years ago
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