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
Oksana_A [137]
3 years ago
12

A company has the following liabilities at year end: Mortgage note payable; $16,000 due within 12 months $355,000 Short-term deb

t that the company is refinancing with long-term debt 175,000 Deferred tax liability arising from depreciation 25,000 What amount should the company include in the current liability section of the balance sheet?
Business
1 answer:
Grace [21]3 years ago
4 0

Answer:

The amount that the company should include in the current liability section of the balance sheet is $16,000

Explanation:

The short-term debt that the company is refinancing with long-term debt is non-current and  deferred tax liability arising from depreciation is also non-current and should be disclosed as such in the Balance sheet after the sub-heading long-term borrowings.

Therefore, The amount that the company should include in the current liability section of the balance sheet is $16,000

You might be interested in
Which of these factors led to the stock market crash of 1929? A) high interest rates. B) low tariff barriers C) high taxes D) ex
Kaylis [27]

I believe the answer is: D) excessive credit expansion

Excessive credit expansion allow a person to obtain high value assets even if they do not have any money to pay for it. This create an economic bubble that eventually popped overtime, creating a massive economic depression that almost drive the nation into bankruptcy.

3 0
3 years ago
Read 2 more answers
Using Toyota's formula, you are trying to determine the number of parts per kanban. Here is what you know. Demand for the part i
PilotLPTM [1.2K]

Answer:

45

Explanation:

The formula to compute the number of parts is shown below:

= Demand × lead time × (1 + safety factor) ÷ kanban cards

= 300 units × 45 minutes × (1 + 20%) ÷ 6

= 300 × 0.75 hours × 1.2 ÷ 6

= 45

The 45 minutes would be 0.75 hours i.e 45 minutes ÷ 60 minutes = 0.75 hours.

So we consider all the components which are given in the question. Hence, all the information is relevant

7 0
3 years ago
ACME Inc. manufactures components. One of its products, which is used in the construction of consumer products, is known as XsR.
Alex17521 [72]

Answer:

Contribution margin per units= $169

Explanation:

Giving the following information:

Selling price $ 220

Direct materials $38

Direct labor $ 1

Variable manufacturing overhead $8

Variable selling expense $ 4

<u>The contribution margin per unit is calculated deducting from the selling price all the variable components:</u>

Total unitary variable cost= $51

Contribution margin per units= 220 - 51

Contribution margin per units= $169

5 0
3 years ago
10.3. Gadgets are produced and sold in a competitive market. When there is no tax, the equilibrium price is $20 per gadget. The
ANEK [815]

Answer:

isΔ PdΔ Ps=EQs, PEQd,PAs given in the question, 40=EQs, P−0.5This perfectly elastic supply shows the burden of tax is imposed completely on the consumer, indicating the elasticity of supply is infinite.

6 0
3 years ago
Your co-worker, Bill comes into the office and tells you that he is going to play "hooky" and go golfing believing that the boss
Pani-rosa [81]

Answer:

d. a palter

Explanation:

Based on the scenario being described within the question it can be said that Kant would call this misleading statement a palter. This term refers to a statement that has been made ambiguous in order to hide the truth from someone or in order to avoid committing yourself to something. Which in this scenario "You" are trying to hide the fact that Bill is playing "hooky" from your boss.

8 0
3 years ago
Read 2 more answers
Other questions:
  • What is a stock market? What is an example of a stock market?
    7·2 answers
  • What is 10% of 500,000<br><img src="https://tex.z-dn.net/?f=10%5C%25of50.000%20%5C%5C%20" id="TexFormula1" title="10\%of50.000 \
    7·2 answers
  • True or false? adults are categorized as those ages 25–64.
    15·2 answers
  • How do you calculate net gdp
    11·1 answer
  • How might a technology company like apple ensure that it behaves in a socially responsible way toward its customers? by protecti
    11·2 answers
  • On October 1, 2021, Stripes Inc. lends $100,000 to another company and accepts a 24-month, 6% note. What is the amount of intere
    5·1 answer
  • Pam runs a shoeshine stand at the airport. Pam has no skills, no job expereince, and no alternative employment. Entrepreneurs in
    14·1 answer
  • Describe where you are in life right now. What makes you most excited about where you are now? What questions do you have, and w
    5·2 answers
  • The Eks-Plore Company exports outdoor gear for firms on the east coast of the United States. The company identifies companies in
    11·1 answer
  • 5)True or False: Offering sales discounts on credit sales can benefit a seller by decreasing the delay in
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!