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3 years ago

Use the following information to answer the question about BobCat Co. at the end of 2017:

Business

1 answer:

Tom [10]3 years ago

5 0

Answer:

c. $34,575

Explanation:

Data provided in the question

Accounts receivable = $44,890

Accounts payable = $6,405

Cash = $16,070

Common stock = $42,500

Long-term notes payable = $20,600

Merchandise inventory = $28,475

Salary Payable = $28,170

Retained earnings = $50,465

Prepaid insurance = $2,365

So, The computation of the current liabilities are as follows

= Accounts payable + salary payable

= $6,405 + $28,170

= $34,575

Therefore, the current liabilities only includes the account payable and the salary payable.

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Explain the nature of promotional plan

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Answer:

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3 years ago

This year Lloyd, a single taxpayer, estimates that his tax liability will be $11,350. Last year, his total tax liability was $15

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Answer:

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2 years ago

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Roman55 [17]

Answer:

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2 years ago

Firm A plans to introduce a new smart phone which has a potential market of 1 million customers. The marketing research conducte

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3 years ago