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BabaBlast [244]
3 years ago
11

. Based on the following data, Accounts payable…………………………………………………..... $62,000 Accounts receivable…………………………………………………. 100,000

Cash………………………………………………………………....... 30,000 Inventory………………………………………………………………. 138,000 Land………………………………………………………………….… 160,000 Common Stock ………………………………………………………. 200,000 Revenue………………………………………………………………. 80,000 Dividends……………………………………………………………… 56,000 Expenses……………………………………………………………… 40,000 what is the amount of total assets?
Business
1 answer:
Temka [501]3 years ago
3 0

Answer:  $428,000

Explanation:

Given that,

Accounts payable = $62,000

Accounts receivable = 100,000

Cash = 30,000

Inventory = 138,000

Land = 160,000

Common Stock = 200,000

Revenue = 80,000

Dividends = 56,000

Expenses = 40,000

Total assets = Accounts receivable + Cash + Inventory + Land

                     = 100,000 + 30,000 +  138,000 + 160,000

                     = $428,000

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Use the following information and the indirect method to calculate the net cash provided or used by operating activities: net in
Pavel [41]
Using the indirect method, the net cash is $93,900

Solution: 

Cash flow from Operating Activities
          Net Income                                                        $85,300
          Depreciation Expense                                       $12,000
          Gain on Sale of Land                                         ($7,500)
          Increase in Merchandise Inventory                    ($2,050)
          Increase in Accounts Payable                           $6,150
                                                                                   ---------------
          Net Cash                                                          $93,900

Remember:
Increase in current assets (accounts receivables, inventory), it means subtract.
Decrease in current assets, means, add.
Increase in current liabilities (accounts payable, tax liabilities), it means add.
Decrease in current liabilities, means, subtract.
7 0
3 years ago
Corey is the city sales manager for RIBS, a national fast food franchise. Every working day, Corey drives his car as follows: Ho
wariber [46]

Answer: e. None of these

Explanation:

Based on the information given, Corey's reimbursable mileage will be:

= 15 miles + 18 miles + 13 miles

= 46 miles.

We should note that the mileage that she used for driving from her home to office and the one that she also used from driving from the last worksite to her home isn't deductible.

Since the answer of 46 miles isn't among the options given, then the answer is "None of these"

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3 years ago
Which of the following was the fourth leading cause of deaths in the construction industry in 2005? A. Being struck by something
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I think the correct answer from the choices listed above is option D. The fourth leading cause of deaths in the construction industry in 2005 would be getting <span>caught or between two objects. Number one would be due to falls. Hope this answers the question. Have a nice day.</span>
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All leveling techniques delay noncritical activities by using ________ to reduce peak demand.
Oksana_A [137]

All leveling techniques delay by noncritical activities to reduce peak demand is known as resource smoothing.

If resources are sufficient but the demand differs extensively over the journey of the project, it may be sensible to smash resource demand by delaying noncritical activities to lessen peak demand and, in this way increase resource fulfillment. This process is called resource smoothing.

Resource smoothing is one of the project management devices used in the resource development techniques. It is interpreted as a technique that alters the activities of a scheme model so that all necessity for the resources do not excel the resource limits which is already pre-interpreted while planning. It is used when the time limitations takes important place in project planning.

To learn more about resource smoothing here

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4 0
2 years ago
Suppose there was a large increase in net exports. if the fed wanted to stabilize output, it could?
laila [671]

If the FED want to stabilize output then FED has to decrease the money supply if the net exports were increased.

Given that there was a large increase in net exports.

We are required to advise the FED about the work he should do to stabilize the output.

The increase in exports shows that there had huge amount of money in the economy. So to stabilize the output FED has to decrease the output and to decrease the output FED has to decrease the money supply.

FED can decrease the money supply in various ways as under:

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There are many more ways to decrease the money supply. When the money supply decreases the people in the country may not be able to produce more goods and the production of goods decreases.

Hence if the FED want to stabilize output then FED has to decrease the money supply if the net exports were increased.

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3 0
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