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Lesechka [4]
3 years ago
12

a. Total assets of Charter Company equal $710,000 and its equity is $425,000. What is the amount of its liabilities

Business
1 answer:
Liula [17]3 years ago
4 0

Answer:

the amount of its liabilities is $285,000

Explanation:

From the Accounting Equation, we know that :

Assets - Liabilities = Equity

Therefore,

Liabilities = Assets - Equity

                = $710,000  - $425,000

                = $285,000

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In order to sound businesslike, many writers mistakenly use stale expressions, thinking they sound more impressive. Which of the
Taya2010 [7]

Answer:

The correct answers are letters "D" and "E": Separately; At your request.

Explanation:

Business writing must be <em>clear, concise, </em>and <em>objective</em>. Most business messages are addressed to top managers who do not have the time to be asking for grammar clarifications in reports. Thus, <em>hidden verbs, redundancy, wordy and stale expressions </em>or <em>exuberance</em> must be avoided.

Fresh, vigorous expressions include "<em>Separately</em>", "<em>About</em>", "<em>Enclosed is</em>", "<em>At your request</em>", "<em>Please</em>" or "<em>Thank you</em>".

7 0
3 years ago
Evidence of sharing profits is prima facie evidence of partnership existence unless the profits are: a. wages or rent. b. not sh
levacccp [35]

Answer: A. Wages or rent

Explanation: A business partnership is an association of two or more people to conduct a business. The partners pool their funds and also partake in profits or losses that might result in running the business. The contract of a partnership that states that one exist could be express or implied, written or oral.

Generally, the receipt of profits from a business is evidence of a partnership. However, when it is repayment of a debt, wages, rent, or an annuity that is received as a share of profit, such transactions do not lead to a legal inference that a partnership exists since they are considered “protected relationships”. Therefore, evidence of sharing profits is prima facie evidence of partnership existence unless the profits are wages or rent.

5 0
3 years ago
An economic system is a structure for
Dominik [7]
It includes the combination of the various institutions, agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community. As such, an economic system is a type of social system....
7 0
3 years ago
stock has a required rate of return of 10.25%, and it sells for $57.50 per share. The dividend is expected to grow at a constant
elena-s [515]

Answer:

D; $2.44

Explanation:

In this question, we are asked to calculate expected year-end dividend D1 for a particular stock.

Mathematically,

Current stock price = Expected year end dividend/(Required return rate - growth rate)

Using the information in the question, we identify the following;

Current stock price = $57.50

Expected year end dividend = ?

Required return rate = 10.25%(0.1025)

Growth rate = 6%(0.06)

We can rewrite the equation as ;

Expected year end dividend = Current stock price * (Required return rate - Growth rate)

= 57.5 * (0.1025 - 0.06) = 57.5 * 0.0425 = $2.44375

Hence, the expected year-end dividend D1 = $2.44

7 0
3 years ago
Read 2 more answers
What is production function ?and types of production function .<br>​
storchak [24]

Production is a process whereby some goods and services, called inputs are transformed into other goods and services called output.

The production function refers to the relationship between the input of factor services and the output of the resultant product.

The production function is based on the idea that the amount of output in a production process depends upon the amount of inputs used in the process.

Output depends upon an input or a set of inputs in such a way that there is one unique amount of output resulting from each set of inputs.

This unique relationship between output and inputs is termed as production function.

A production function may be expressed in three forms:

(a) It can be expressed in the form of an arithmetic table where first few columns show the input of the factors and the last column shows total output of the product.

(b) The production function can also be illustrated geometrically by means of a simple graph as shown in given figure . Input level is measured along the horizontal axis and the total output upon he vertical axis.

(c) The production function may be shown through an algebraic expression in which output is a dependent variable and input, the independent variable.

In algebraic form, it can be expressed as:

Y =f(x),

where Y represents the output, x, the input and ‘f’ means is a function of, or ‘depends upon, or is determined by’.

5 0
3 years ago
Read 2 more answers
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