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Sedaia [141]
3 years ago
6

A list of financial statement items for Ivanhoe Company includes the following: accounts receivable $16,800; prepaid insurance $

3,120; cash $12,480; supplies $4,560; and debt investments (short-term) $9,840. Prepare the current assets section of the balance sheet listing the items in the proper sequence. (List current assets in order of liquidity.)
Business
1 answer:
goldfiish [28.3K]3 years ago
5 0

Answer:

Current Assets:

Cash $12,480

Debt Investments (short-term) $9,840

Accounts Receivable $16,800

Supplies $4,560

Prepaid Insurance $3,120

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The badys and their maid, alice, took a trip to hawaii for their summer vacation. the travel agent told ike bady that the trip w
irga5000 [103]
Let x be the number of children
Let y be the number of adults

Equation 1: x + y = 9
Equation 2: y = 9 - x

           210x + 315y = 2205
     210x + 315 (9-x) = 2205
210x + 2835 - 315x = 2205
            2835 - 2205 = 315x - 210x
                         630 = 105x
                  630/105 = 105x/105
                             6 = x

There are 6 numbers of children.

To get the y, use the Equation 2: y = 9 - 6 ---> y = 3
Therefore there are 3 adults on the trip.
6 0
3 years ago
Revenue expenditures
solmaris [256]

Answer:

Answer A

Explanation:

Revenue expenditures are the expenditures during period in which the asset has been put into its usage. They are often discussed in the context of fixed assets. For instance if a company installs new equipment and has monthly costs of its maintenance, these costs are revenue expenditures. Therefore, they only present additional costs that do not necessarily increase asset's life.

4 0
3 years ago
A list of financial statement items for Blossom Company includes the following:
cricket20 [7]

Answer:

Total current assets            $83,580

Explanation:

The preparation of the current assets section of the balance sheet is shown below:

<u>Current Assets                  Amounts </u>

Cash                                   $22,360

Debt investments(short term) $17,360

Accounts receivables     $30,100

Supplies                             $8,170

Prepaid Insurance              $5,590

Total current assets            $83,580

5 0
2 years ago
It is characteristic of – goods that they are not used up in the short run. A society can choose to – some quality of life now—f
LenaWriter [7]

Answer:

It is characteristic of CAPITAL goods that they are not used up in the short run. A society can choose to SACRIFICE some quality of life now BY PURCHASING fewer consumer goods ANS SAVING MONEY in order to build up its stock of capital goods. This will lead to a HIGHER QUALITY OF LIFE and more consumer goods PURCHASED AND CONSUMED later on.

Explanation:

A consumer can choose between saving and spending money, that is measured by the marginal propensity to consume or the marginal propensity to save. Money that is spent now, will provide a certain satisfaction in the present, but nothing in the future. Money saved will not provide a certain satisfaction in the present, but should provide much more satisfaction in the future since it should grow as time passes.

8 0
3 years ago
What type of budget is used to forecast income and expense over some period of years?
taurus [48]

A stabilized budget is used to forecast income and expense over some period of years.

<h3>What is A stabilized budget?</h3>

A budget that forecasts income and expenses over a short period of time, typically five years, is considered steady. a property's rent roll. can be used to calculate the potential annual rental income of a property.

After construction or a large refurbishment, the projected rental income, cost, or Net Operating Income Example: Stabilized income was predicted two years after an office building opened.

Thus, A stabilized budget is used to forecast income and expense

For more details about stabilized budget, click here:

brainly.com/question/12499375

#SPJ4

8 0
1 year ago
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