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2 years ago

The following items are components of a traditional Balance Sheet. How much are the total assets of the firm?

Business

1 answer:

Anestetic [448]2 years ago

6 0

Answer:

$ 59,000

Explanation:

The total Asset is compounded of:

Plant and Equipment $42,000

Cash $ 8,000

Inventory $21,000

Allowance for Uncollectable Accounts $ 6,000 ( <u>negative</u>, netting Accounts Receivables )

Accumulated Depreciation $28,000 ( <u>negative</u>, netting Plant and Equipment )

Accounts Receivable $22,000

<u>Assets ( Net ) </u>: $ 59,000

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The Sherman Antitrust Act of 1890 was formed to: Group of answer choices Forbid combinations in restraint of trade and monopoliz

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Answer:

Forbid combinations in restraint of trade and monopolizing.

Explanation:

The Sherman Antitrust Act of 1890 is mainly aimed at preventing anti competitive agreements and unilateral conduct by a group of businesses aligning with one another. Such alignment results in restraint of trade and monopoly.

This Act enables the Department of Justice to bring charges against violators of antitrust laws and they may face as much as treble damages (three times of the damage caused to other parties).

Artificial raising of price and restriction of supply of products or trade are prohibited under this Act.

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3 years ago

Why have nonalcoholic drinks increased in popularity, and what difficulties do bar managers face when serving alcohol

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Answer:

People consumes less of alcohol and more of non alcoholic drinks.

Explanation:

Now-a days people consumes less of alcoholic drinks as non alcoholic beverages or drinks are becoming non popular day by day. People have become more health conscience and wants to remain fit. Now wonder alcohol causes a lot harm to the human health. People now are aware of the side effects of consuming alcohol.

In the recent years the life style of the people have change a lot and they they have become health conscious than before. The consumption of other non alcoholic drinks have become familiar and famous including green tea, fruit juices, goji juice and many more.

The bar managers also face difficulty in serving alcohol to people as people refuse to drink them. They are more health conscience and is aware of the fatal incidents about drunk driving. They prefer other non beverages in the bar. As a result the sale of alcohol has decreased a lot. There are also various awareness programs running against consumption of alcohol.Thus people do not drink alcohol any more and so it is difficult for the bar managers to offer alcohol to their customers.

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3 years ago

Suppose Indiana produces only steel and corn, with fixed amounts of land, labor, and capital resources. Which of the following b

babymother [125]

Answer:

The percentage of Indiana residents with a college degree rises from 25% to 30%.

Explanation:

Human capital is one of the most important (according to some economists the most important) aspect for economic growth. If college graduates in Indiana go from 25% to 30%, it means that Indiana's human capital has improved.

With improved Human Capital, now Indiana can produce better steel and corn, or even produce other things, because its college graduates have acquire the necessary knowledge to do so. This will in turn lead to economic growth and a higher standard of living.

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2 years ago

Need help ASAP, I’m going somewhere!

Rom4ik [11]

Answer:

https://brainly.co a separate Word or PowerPoint document containing the time line. If your tim

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and had begun a five year apprenticeship as a machinist. His starting wage ... brainly.com/question/25586250

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2 years ago

assume that your parents wanted to have saved for college by your 18th birthday and they started saving on your first birthday.

wariber [46]

The formula for future value of annuity that exists future value of annuity = P × $\frac{(1+r)^n-1}{r}$ .

Save each year to reach their goal exists $2152.48

Save each year to reach their new goal exists $2869.97

<h3>What is meant by future value of annuity?</h3>

The worth of a series of recurrent payments at a specific future date, assuming a specific rate of return, or discount rate, is the future value of an annuity. The future value of the annuity increases with the discount rate.

Given: amount saved = 120,000

Rate of Interest earned = 12.0 %

time = 18th birthday

Where, annual savings = P

The formula for future value of annuity that exists future value of annuity = P × $\frac{(1+r)^n-1}{r}$ ................(1)

where r exists rate and n exists a time period

put her value

$ 120,000 = P × $$\frac{(1+0.12)^{18}-1}{0.12}$

= $ 2152.48

Save each year to reach their goal exists $ 2152.48 and for $ 160,000 on 18 th Birthday

we consider here annual savings = P

From (1),

Future value of annuity = P × $\frac{(1+r)^n-1}{r}$

$ 160,000 = P × $\frac{(1+0.12)^{18}-1}{0.12}$

P = $2869.97

Therefore, Save each year to reach their goal exists $2152.48

save each year to reach their new goal is $2869.97

To learn more about future value of annuity refer to:

brainly.com/question/27011316

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1 year ago