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
icang [17]
3 years ago
11

United Airlines' 2012 balance sheet reported the following (in millions) Total Assets $40,091 Total Liabilities 31,485 Contribut

ed Capital 3,573 What was United Airlines' total liabilities and stockholders' equity at December 31, 2016?
Select one:
A. $40,091 million
B. $36,518 million
C. $ 8,606 million
D. $35,058 million
E. $36,518 million
Business
1 answer:
PtichkaEL [24]3 years ago
3 0

Answer:

C. $ 8,606 million

Explanation:

By the accounting equation you now that :

Total Assets = (Total Liabilities + Owner’s Equity)

In this case it´s

$40,091 = $31,485 + $8,606

It means that the company works with total assets, but it needs to finance these assets through liabilities (mainly suppliers of any kind) and equity, which is the money that the owner put in the company hoping to make a profit.

You might be interested in
For​ 2018, Rest-Well Bedding uses​ machine-hours as the only overhead​ cost-allocation base. The direct cost rate is​ $6.00 per
maria [59]

Answer:

Predetermined manufacturing overhead rate= $6.875 per machine-hour

Explanation:

Giving the following information:

The estimated manufacturing overhead costs are​ $275,000 and an estimated​ 40,000 machine hours.

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 275,000/40,000

Predetermined manufacturing overhead rate= $6.875 per machine-hour

3 0
3 years ago
In which basic market would stoves be traded?
VashaNatasha [74]

Answer:

<h3>the labor market</h3>

Explanation:

<h2>#carry on learning</h2>
4 0
3 years ago
Businesses can take a number of measures to respond voluntarily to consumer demands. Which of the following is an example of suc
ankoles [38]

Answer:

Customer call centers

Explanation:

Businesses can take several measures to respond voluntarily to consumer demands.

The customer call center is one of the examples of such a measure.

It is a kind of service center that can handle a large amount of customer telephone requests and problems regarding the organization and its products.

It is a direct one-on-one interaction between consumer and customer care.

5 0
3 years ago
The company paid cash of $1,500 on its account with one of its suppliers from whom it regularly purchases inventory. The invento
Vladimir79 [104]

Answer:

A) DEBIT to Accounts Payable for $1,500

Explanation:

The records that the company should make regarding the payment of the purchased merchandise is:

  • Debit record Accounts Payable account 1,500 (since Accounts Payable is a liability account, when it decreases it should be debited)
  • Credit record Cash account 1,500 (since Cash is an asset account, when it decreases it should be credited)

7 0
3 years ago
As of June 30, Year 1, the bank statement showed an ending balance of $17,616. The unadjusted Cash account balance was $16,893.
Art [367]

Answer: See attachment

Explanation:

A bank reconciliation statement is a statement that simply shows the summary of both the banking and business activity which are used in reconciling and balancing the bank account of a company or organization with the company's financial records.

The bank reconciliation statement shows the deposits, the withdrawals and also does every other things that impacts the bank account of the company for a particular period.

3 0
3 years ago
Other questions:
  • Sterling Inc. has two long-term notes outstanding. One is a five-year note for $50,000. An equal amount of principal must be rep
    13·1 answer
  • "When a T-shirt manufacturer states, ""We sell it only in black because that way we can buy plenty of black fabric and run our p
    9·1 answer
  • American airlines traded eight 747s for twelve dc-10s owned by united airlines. this transaction is an example of
    13·1 answer
  • Each state heavily regulates the insurance industry. <br> a. True<br> b. False
    10·1 answer
  • What can happen when international rivals compete against one another in multiple-country markets?
    10·1 answer
  • Rainey Enterprises loaned $40,000 to Small Co. on June 1, Year 1, for one year at 6 percent interest. Required Show the effects
    6·1 answer
  • *80 points* Introduce a blog owner (a company, organization, or school). Analyze a professional blog owned by a company or by a
    5·1 answer
  • A car and a computer are examples of what?
    9·2 answers
  • Thornbrough Corporation produces and sells a single product with the following characteristics: Per Unit Percent of Sales Sellin
    7·1 answer
  • Perform a horizontal analysis providing both the amount and percentage change. (Round Percentage answers to 1 decimal place. Dec
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!