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3 years ago

Do you believe that the world has changed for the better, or for the worse?

1 answer:

5 0

I think both, my reasons are, first, we have more technology and better transportation that will help us, like the technology to take and give to others, and the cars and trains ect. to help us to get from one place to another a bit quicker. Also i think worse because of the green house causes, the cars,oil,and other things we use in our everyday life is slowly ruining the planet, ecosystem ect. there are downsides and upsides to both.

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The following account balances appear in the 2018 adjusted trial balance of Blue Devils Corporation: Cash, $4,800; Accounts Rece

lbvjy [14]

Answer:

Cash 4,800

Accounts Receivable 8,800

Supplies 18,800

Total Current 32,200

Equipment 118,000

Acc Depreciation (44,000)

Total non-current 74,000

Total assets 106,200

Accounts Payable 25,800

Salaries Payable 15,800

Total Liabilities 41,600

Common Stock 58,000

Retained Earnins 6,400

<em>Total Equity 64,600</em>

Total Assets + Liab 106,200

Explanation:

We solve this by appling the basic accounting equation:

Assets = Liabilties + Equity

First we solve for total assets.

Then we solve for the total amount of equity

and finally we clear for retained earnigns.

Cash 4,800

Accounts Receivable 8,800

Supplies 18,800

Total Current 32,200

Equipment 118,000

Acc Depreciation (44,000)

Total non-current 74,000

Total assets 106,200

Accounts Payable 25,800

Salaries Payable 15,800

Total Liabilities 41,600

Common Stock 58,000

Retained Earnins (64,600 - 58,000) = 6,400

<em>Total Equity (106,200 - 41,600) = 64,600</em>

Total Assets + Liab 106,200

8 0

3 years ago

Mesquite, Inc. has held-to-maturity debt securities it purchased in 20X1. At December 31, 20X2, the amortized cost basis of the

BabaBlast [244]

Answer:

"$10,000" is the appropriate solution.

Explanation:

According to the question, the values are:

Future cash flows,

= $2,10,000

Amortization Cost,

= $2,20,000

Now,

The loss amount will be:

= $Future \ Cash \ Flows - Amortization \ Cost$

On substituting the given values, we get

= $2,10,000 - 2,20,000$

= $10,000$

5 0

3 years ago

How does an increase in the price of laptop memory chips affect the market of laptops?

quester [9]

If the laptop supply curve shifts to the left, an increase in memory chip prices will have an impact on the market for laptops.

The relationship between product price and the amount of product a market seller is willing and able to supply is graphically represented by the supply curve in economics. The graph's vertical axis represents product price, and its horizontal axis represents the amount of the product supplied.

Since product price and quantity supplied are directly related, the supply curve is typically depicted as a slope rising upward from left to right. This marketrelationship depends on a number of ceteris paribus (other things being equal) conditions holding true. The number of sellers on the market, the supply curve level of technology, the cost of production, and the seller's price are a few examples of such factors.

Learn more about supply curve here

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4 0

1 year ago

_____ power derives from a position of authority inside the organization and is sometimes referred to as formal authority.

julsineya [31]

The appropriate response is legitimate power. Legitimate power will be the power you get from your formal position or office held in the association's progressive system of an expert. For instance, the leader of a company has certain forces in view of the workplace he holds in the enterprise.

5 0

3 years ago

At the beginning of the year, Poplock began a calendar-year dog boarding business called Griff's Palace. Poplock bought and plac

valina [46]

Answer: See attachment

Explanation:

a. What is Poplock’s year 1 depreciation expense for each asset?

See attachment. Note that the depreciation for the assets were calculated as the original basis × the rate. e.g for Computer equipment, the Depreciation was, the original basis of $5000 × the rate of 20% which equals $1,000.

b. What is Poplock’s year 2 depreciation expense for each asset?

Check attachment.

Depreciation for computer = $1600

Depreciation for day grooming furniture = $1714

Depreciation for popup truck = $3200

Depreciation for commercial building = $6923

6 0

3 years ago