Answer:
4. Amounts owed to suppliers
Explanation:
We know that
Balance sheet comprises of assets, liabilities and the stockholder equity
The assets could be classified into current asset, fixed asset, and the intangible assets
While the liabilities are also classified into current liabilities and the long term liabilities
The account receivable, equipment, supplies have come on the asset side of the balance sheet whereas the account payable or amount owed to suppliers have come on the liabilities side of the balance sheet
So, the most appropriate option is 4.
Answer
Miguel must set aside $62,745 annually
Explanation
N = Number of years till Miguel would retire = 43 years
FV = Future Value = $1,000,000
r = Interest rate = 10%
PMT = Annual payments (at the ending of the year) = ?? The question asks us to calculate this
We would use the future value ordinary annuity formula to calculate PMT
FV = PMT ![[\frac{(1+r )^{N} -1}{r} ]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B%281%2Br%20%29%5E%7BN%7D%20-1%7D%7Br%7D%20%5D)
1000000 = PMT ![[\frac{(1+0.10 )^{10} -1}{0.10} ]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B%281%2B0.10%20%29%5E%7B10%7D%20-1%7D%7B0.10%7D%20%5D)
PMT ≅ $62,745
Miguel must set aside $62,745 annually
Answer:
$780,000
Explanation:
Calculation for the market value of the property
Using this formula
Market Value=Assessed property/Equalization rate
Let plug in the formula
Market Value=$39,000/0.05
Market Value=$780,000
Therefore the market value of the property will be $780,000
Answer: 15.1875
Explanation: k = 81 units L = 16 units
(81 × 3/4) × (16÷4) = 243
Q =243
APL = Q / L
243 ÷ 16 = 15.1875 units of labour
