Answer:
$301,000
Explanation:
The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity. This may be expressed mathematically as
Assets = Liabilities + Equity
Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.
Hence,
$310,000 = Equity + $250,000
Equity = $310,000 - $250,000
= $60,000
The net income is the difference between the total sales and total expenses
= $626,000 - $325,000
= $301,000
Answer:
( c ) $27,950
Explanation:
The computation of the uniform amount that should be deposited is shown below:
= Accumulated sum of amount × (A/F, 14% ÷ 2, 2 × 6)
= $500,000 × (A/F, 7%, 12)
= $500,000 × 0.0559
= $27,950
hence, the amount that should be deposited is $27,950
Hence, the correct option is c. $27,950
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
False
Explanation:
In general, the unemployment rate in the United States is obtained by dividing the number of unemployed persons by the number of persons in the labor force (employed or unemployed) and multiplying that figure by 100.
https://www.britannica.com › story
- la·bor force
all the members of a particular organization or population who are able to work, viewed collectively.
"a firm with a labor force of one hundred people"
Dictionary
Definitions from Oxford Languages
Answer:
b.
The store is not liable to Nelson.
Explanation:
These are options for the question
.
The store is strictly liable to Nelson.
b.
The store is not liable to Nelson.
c.
Res ipsa loquitur would require the store to be held liable.
d.
The store has no duty to Nelson.
From the question, we are informed about the local supermarket which has a large, glass front door which is well lighted and plainly visible. Nelson, who is new in the neighborhood, mistook the glass for an open doorway and walked into it, shattering the door and injuring himself.
Under the Second Restatement, the store is not liable to Nelson. Second Restatement are legal treatises that pronounce some rules as far as law is concerned.it inform judges about general principle, therefore, under this second Restatement the store is not liable to Nelson in anyway even though he sustained some injury from the store.
