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Sedaia [141]
4 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]4 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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Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Chec
Sauron [17]

Answer:

Providing tax breaks and patents for firms that pursue research and development in health and sciences.

Explanation:

  • The policies that need to be taken care of are the to develop and enhance skills and more smarter R and D functioning. through the development of the infrastructural and international trade.
  • The business relations and includes taking tax breaks and providing the patents to the forms in the areas of health and sciences and depends on the savings and investment in the new technology and human resources.
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3 years ago
The following financial information was summarized from the accounting records of Buddy Corporation for the current year ended D
Nat2105 [25]

Answer:

(a) $56,730

(b) $36,330

(c) $ 51,800

(d) $24,800

(e) $36,230

Explanation:

(a) Gross profit for the Dalmatian Division:

= Net sales - Total Cost of goods sold

= $87,000 - $30,270

= $56,730

(b) Income from operations from the Dalmatian Division:

= Gross Profit - Direct operating expenses

= $56,730 - $20,400

= $36,330

(c) Gross profit for the Beagle Division:

= Net sales - Total Cost of goods sold

= $99,000 - $47,200

= $ 51,800

(d) Income from operations from the Beagle Division:

= Gross Profit - Direct operating expenses

= $51,800 - $27,000

= $24,800

(e) Total income from operations;

= $36,330 +  $24,800

= $61,130

Earnings before interest and taxes:

= Total income from operations - General overhead

= $61,130 - $18,160

= $42,970

Earnings before taxes:

= Earnings before interest and taxes - Interest expense

= $42,970 - $2,040

= $40,930

Net income = Earnings before taxes - Income taxes

                    = $40,930 - $4,700

                    = $36,230

6 0
3 years ago
Is used to record and accumulate all the costs assigned to a specific job.
Mashutka [201]
The Correct Answer is Option D. (Job-Cost record)
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3 years ago
Jodi just described how Best Buy's new program required a very different way of defining work. Because the hours are no longer i
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4 0
3 years ago
McCallister's just purchased $16,500 worth of inventory. The terms of the sale were 1/15, net 45. What is the implicit interest?
Greeley [361]

The implicit interest based on the information given is $165.

<h3>How to calculate the interest?</h3>

It should be noted that the implicit interest is calculated as:

= Inventory worth × Discount rate

= $16500 × 1%

= $165

Therefore, the implicit interest based on the information given is $165.

Learn more about interest on:

brainly.com/question/24080432

#SPJ1

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