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
marta [7]
3 years ago
13

Total assets of Charter Company equal $710,000 and its equity is $425,000. What is the amount of its liabilities? b. Total asset

s of Martin Marine equal $510,000 and its liabilities and equity amounts are equal to each other. What is the amount of its liabilities? What is the amount of its equity?
Business
1 answer:
Aleks [24]3 years ago
6 0

Answer:

Part A:

Liabilities=$285,000

Part B:

Liabilities=$255,000

Equity=$255,000

Explanation:

General Rule of Assets, liabilities and equity

Assets= Liabilities+Equity

Part A:

Assets=$710,000

Equity=$425,000

Liabilities=?

$710,000=Liabilities+$425,000

Liabilities=$710,000-$425,000

Liabilities=$285,000

Part B:

Liabilities=Equity

Replace Equity by liabilities

Assets=Liabilities+Liabilities

$510,000=2*Liabilities

Liabilities=$255,000

Equity=$255,000

You might be interested in
Training and development are roles filled by human resource specialists true or false
Agata [3.3K]
The answer is - false
3 0
3 years ago
Read 2 more answers
Jerry understands that expected click-through rate is one of three main factors that determine the quality score of an ad. What
Leni [432]

Answer: Ad relevance and Ad landing page experience

Explanation:

7 0
3 years ago
The government decides to increase its spending by $6 billion. Over time the real GDP increased by $9 billion. The expenditure m
Gekata [30.6K]

Answer:

c. Equals to 1.5

Explanation:

Options are <em>"a. -lower than  b. -higher than  c. -equal to "</em>

Expenditure multiplier = Change in real GDP / Change in spending

Expenditure multiplier = 9/6

Expenditure multiplier = 1.5

Thus, the expenditure multiplier is equal to 1.5

7 0
3 years ago
Which of the following is considered a service in the calculation of gdp?
Alik [6]

Answer:

A)Tax preparation

Explanation:

Gross domestic product is the sum total of all goods and services produced by a country within a given period.

Goods are tangible products that are produced by the country and in this scenario includes photographs, reclining chairs, and photographs.

Services on the other hand are those intangible actions that produce value to the end user. An example of service is tax preparation.

If an individual requires his taxes to be prepared but does not have the skill to do it. They will hire someone to do it and pay for the service.

7 0
3 years ago
Why, in summary, should managers think of staffing, training, appraising, and paying employees as a talent management process?
MakcuM [25]

Explanation:

The management of people in an organization is a constant and dynamic process that must be well structured, as it is the employees of the organization who will assist in the achievement of organizational goals and objectives.

Therefore, this process of recruiting, training, evaluating and paying employees must be well established in the organization as a fundamental process for organizational success. Each stage of the personnel management process is essential, and must always be organized, evaluated and monitored, so that there is continuous improvement in a company in all its systems. Through effective people management, there is greater motivation, greater productivity and greater organizational positioning.

5 0
3 years ago
Other questions:
  • A law or set of laws are created to give a policy legal force
    10·1 answer
  • Which of the following examples demonstrates how successful organizations manage their primary activities?
    12·1 answer
  • Services had net income for the month of October of $ 23 comma 040. Assets as of the beginning and end of the month totaled $ 36
    12·1 answer
  • According to financial advisers, a family with monthly living expenses of $3,000 should maintain readily accessible savings of a
    6·1 answer
  • I’m in economics please help
    6·1 answer
  • Free enterprise system → A system in which businesses may buy, sell, and set prices with little government control
    7·2 answers
  • On November 1, 2021, Taylor signed a one-year contract to provide handyman services on an as-needed basis to King Associates, wi
    12·1 answer
  • In a decision to drop a product, the product should be charged for rent in proportion to the space it occupies even if the space
    15·1 answer
  • A person studying economics chooses to buy an economic textbook for their class, even though it means they
    14·2 answers
  • Oriole Company reported cost of goods sold as follows. 2022 2021 Beginning inventory $ 30,150 $ 20,730 Cost of goods purchased 1
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!