1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ASHA 777 [7]
3 years ago
6

A company's trial balance included the following account balances: Accounts payable $19,287 Accounts receivable 81,416 Cash 73,4

04 Income tax payable 3,592 Inventories 25,896 Note payable, due in two years 1,789 Equipment 54,928 Stockholders' equity 203,608 Supplies 5,592 Wages payable 12,960 What is the amount of Total Assets on the Balance Sheet
Business
1 answer:
bija089 [108]3 years ago
6 0

Answer:

Total Assets on the Balance Sheet is $241,236.

Explanation:

Total Assets would include the total from the Non Current Assets Section and the total from the Current Assets Section of the Balance sheet.

Here is an extract of the Assets Section of the Balance Sheet :

Assets

<u>Non-Current Assets</u>

Equipment                                             $54,928

Total Non-Current Assets                    $54,928

<u>Current Assets</u>

Inventories                                            $25,896

Supplies                                                  $5,592

Accounts receivable                              $81,416

Cash                                                      $73,404

Total Current Assets                          $186,308

Total Assets                                        $241,236

You might be interested in
Fin has been a new manager for a couple of weeks. over time, he realizes his team likes to socialize during meetings, which tend
iragen [17]

Answer:

create a relevant agenda for every meeting and stay on point by re-directing non-work related topics back to agenda items.

Explanation:

Fin is the manager, he might be new at the job but it is his responsibility to direct and control his subordinates. Managing isn't easy and maybe some of his staff will not like him directing and controlling what is said during the meetings, but it is his job. If he is not fit to do it, then he should have chosen another job or another career.

Every career and job has its own level of difficulty and things getting tough or difficult is no excuse. Just like a firefighter rushes into a burning house because it is his/her job, controlling the meeting is Fin's job.

7 0
3 years ago
The premium on a put option on the market index with an exercise price of 1050 is $9.30 when originally purchased. At expiration
lianna [129]

Answer:

The put payoff = $1,072 - $1,050 = $22  per share

Explanation:

The put payoff is simply the difference between the spot price and the exercise price.

To determine the real profit obtained in this transaction we would need to know the investor's return rate. One of the basic pillars in finance it that $1 today is worth more than $1 tomorrow. We need a return rate to adjust the premium paid, for example if the return rate = 6%, then the premium would have been $9.30 x (1 + 6%/12)² = $9.30 x 1.005² = $9.39

profit = number of shares x (put payoff - adjusted premium)

5 0
4 years ago
Explain the opportunity cost of working on a farm. ​
Liula [17]

Answer:

Opportunity cost is a useful concept when considering alternative places for using your resources and assets. ... If he/she farms the land, the opportunity cost is the income foregone by not renting it to a neighbor.

8 0
2 years ago
Which of the following is not an example of a natural experiment an economist might use to evaluate a theory? a. Transit ridersh
Verdich [7]

Answer:

Example of not a natural experiment an economist might use to evaluate a theory is:

C. Here the Students in a microeconomics principles course are advised to play a game with their classmates to determine and evaluate what all decisions they make under certain adjusted circumstances.

Explanation:

Natural experiment : A natural experiment is referred to an observational and also an empirical study in which we get to study about the experimental and controllable varieties of variables. which can not het manipulated anywhere by the researchers.

Instead these experiments are allowed to affect the environment and the nature or the different factors which are not under control of our researchers. In contrast to the experimental values and all the natural experiments are even not controlled by the researchers but instead they also admire and obseve those experiments for their own studies.

So, the right option is:

C. Here the Students in a microeconomics principles course are advised to play a game with their classmates to determine and evaluate what all decisions they make under certain adjusted circumstances.

7 0
4 years ago
Hey people i need 2 more Brainiest to get Virtuoso i really want to get there if you could help me that would be AMAZING.
Elena L [17]

Answer:

I just asked a question i'll give you brainliest if you can answer it correctly.

Explanation:

8 0
3 years ago
Read 2 more answers
Other questions:
  • Explain the roles of demand and supply in changing gasoline prices after hurricane katrina and rita
    9·1 answer
  • When countries specialize in producing certain goods and then freely exchange those goods for other goods with different countri
    8·1 answer
  • Which of the following would make a segment less attractive to​ enter? A. A lack of aggressive competitors B. Suppliers with wea
    7·1 answer
  • You paid $10,000 for an investment that promises to pay $750 at the end of each of the next 5 years, then an additional lump sum
    6·1 answer
  • Reeves Incorporated is issuing a note payable to four individuals for $5,000 each. Which individual will end up paying the MOST
    12·1 answer
  • Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of .75%. Economy Fund charges a front-end load of 2%, bu
    5·1 answer
  • A ______ establishes a company's financial and strategic objectives, and provides a set of guidelines for achieving the desired
    12·1 answer
  • When we put a price tag on goods and services, we are using money as a Group of answer choices store of value. barter token. mea
    15·1 answer
  • A company with significant assets and activities in multiple countries is known as a(n):____.
    15·1 answer
  • and nonprofit accounting supports organizations whose purpose is not generating a profit, but serving ratepayers, taxpayers, and
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!