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
zzz [600]
2 years ago
7

Santana, Inc. reports the following liabilities (in thousands) on its January 31, 2014, balance sheet and notes to the financial

statements.Accounts payable $4,263.9 Mortgage payable $6,746.7Accrued pension liability 1,115.2 Operating leases 1,641.7Unearned rent revenue 1,058.1 Notes payable (due in 2017) 335.6Bonds payable 1,961.2 Salaries and wages payable 858.1Current portion of mortgage payable 1,992.2 Notes payable (due in 2015) 2,563.6Income taxes payable 265.2 Unused operating line of credit 3,337.6Warranty liability—current 1,417.3Prepare the liabilities section of Santana’s balance sheet as at January 31, 2014.
Business
1 answer:
deff fn [24]2 years ago
3 0

Answer:

$22,577.1

Explanation:

SANTANA INC.Balance Sheet (Partial)January 31, 2014

Current liabilitiesNotes payable $2,563.6

Accounts payable $4,263.9

Current portion of mortgage payable $1992.2

Warranty liability $1,417.3

Unearned rent revenue $1,058.1

Salaries and wages payable $858.1

Income taxes payable $265.2

Total current liabilities $12,418.4

Long-term liabilitiesMortgage payable$6,746.7

Bonds payable $1,961.2

Accrued pension liability$1,115.2

Notes payable $335.6

Total long-term liabilities $10,158.7

Total liabilities $22,577.1

($12,418.4 +$10,158.7)

You might be interested in
Rugged Sports Enterprises LP is organized as a limited partnership consisting of two individual partners: Hockey LP and Football
natita [175]

Answer:

Find the answers in the explanation section below

Explanation:

The return on equity for each of the partners and the firm in total is the net income for the year divided by average capital invested in the business in the year.

Average capital or equity is the beginning balance plus ending balance divided by 2:

Hockey LP:

Annual net income is $36,664

average equity=($345,000+$381,664)/2=$363,332

return on equity= $36,664/$363,332 =10.09%

Football LP:

Annual net income is $751,612

average equity=($1,414,500+ $2,046,112)/2=$1,730,306

return on equity=$751,612/$1,730,306 =43.44%

Rugged sports:

Annual net income is $788,276

average equity=($1,759,500+ $2,427,776)/2=$2093638

return on equity=$788276/$2093638 =37.65%

6 0
2 years ago
_____ ratios compare current assets to current liabilities to indicate the speed with which a company can turn its assets into c
hodyreva [135]

Answer:

Liquidity

Explanation:

Liquidity ratios are those ratios that meet the current debt obligations and converted into cash within one year. It includes current ratio, quick ratios, dales sales outstanding, etc

Current ratio = Total Current assets ÷ total current liabilities  

where,

The current assets include cash, stock, account receivable, etc

And, the current liabilities include accounts payable, salaries payable, et

Quick ratio = Quick assets ÷ total current liabilities  

where,  

Quick assets = Cash and cash equivalents + short-term investments + Accounts receivable (net)  

Day sale outstanding = (Beginning Accounts receivable + ending Accounts receivable) ÷ Net sales × number of days in a year

8 0
3 years ago
Please choose an entrepreneur you admire. In an APA formatted paper, please describe their journey to where they are today. cheg
Ede4ka [16]

The one entrepreneur that i admire is Jeff Bezos. Reason why i admire him- The founder and CEO of Amazon has been relentless in his pursuit of building the most dominant, customer-focused enterprise in modern history.

Who founded Amazon and why?

When Amazon was founded on July 5, 1994, as a website that only sold books, founder Jeff Bezos had a vision for the company's explosive growth and e commerce domination. He knew from the very beginning that he wanted Amazon to be "an everything store

How did Jeff Bezos start Amazon?

With $1 million raised from family and friends, Bezos rented a house in Seattle and set up his business in the garage. For nearly a year, Bezos and a crew of five employees worked out of the garage, learning how to source books and setting up a computer system that would make Amazon.com easy to navigate

How rich is the owner of Amazon?

Jeff Bezos' net worth surpassed $200 billion as of November 2021, making him the world's second-richest person. Bezos is perhaps most well known as the founder and former chief executive officer (CEO) of Internet giant Amazon. He remains the executive chair of the company.

Learn more about Jeff Bezos:

brainly.com/question/28180511

#SPJ4

8 0
1 year ago
Read 2 more answers
Old Tyme Soda produces one flavor of a popular local soft drink. It had no work-in-process on October 31 in its only inventory a
sergey [27]

Answer:

a. $‭47,975‬

b. $‭‭3,838

Explanation:

a. Cost of goods sold = Units transferred out * Cost per barrel

Cost per barrel

= (Material + Conversion costs) / Equivalent units produced

Equivalent units produced

= Units transferred = 11,400 - 1,900 = 9,500

EUP = Units transferred + Equivalent WIP

= 9,500 + (40% * 1,900)

= ‭10,260‬ units

Cost per barrel = (24,413 + 27,400 ) / 10,260

= $‭5.05‬

Cost of goods sold = 9,500 * 5.05

= $‭47,975‬

b. Value of Work in Process

= Work in process * Cost

= (40% * 1,900) * 5.05

= $‭‭3,838‬

5 0
3 years ago
Water is flowing in a trapezoidal channel at a rate of Q 5 20 m3/s. The critical depth y for such a channel must satisfy the equ
irina1246 [14]

Answer / Explanation:

Kindly note that the question is incomplete. However, kindly find the complete question below and the answer.

Complete Question

Water is flowing in a trapezoidal channel at a rate of Q=20m³/s . The critical depth y for such a channel must satisfy the equation:

0 = 1 − Q² / gA³c . B Where g= 9.81m /s²  and Ac = the cross-section area can be related to depth y by B = 3+y and Ac = 3y+y²/2. Solve for the critical depth using (a). the graphical method,

Answer:

Given the equation,

0 = 1 − Q² / gA³c. B

Now substituting the given value g= 9.81m /s² , Q =20m³/s, B = 3+y, and Ac = 3y+y²/2,

We get:

0 = 1 - 20² / (9.81) ( 3y + y²/2)³ (3+y)

Hence we choose f(y) =  1 - 40.7747 / (3y + y²/2)³ . (3 + y) and solve for f(y) = 0

Therefore,

To solve using a graph, we take twelve sample points ( starting at y = 0.25 in step of 0.25m and plot a graph using MS- Excel. Kindly find the graph below.

2) As evident from the sample point and the graph function f(y) gets close to zero at y = 1.5, hence the root of f(y) = 0 is Xr = 1.5

6 0
3 years ago
Other questions:
  • Identify the recommended actions for success in informational interviews. Smile and stay positive. Sit still and be aware of you
    14·1 answer
  • Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 20,000 shares authorized, 9,00
    11·1 answer
  • The price of peanut butter increased by 25% and the quantity of jelly demanded decreased by 50%. Using one decimal place and the
    14·1 answer
  • Margaret was convinced to enroll in a private, for-profit college to learn how to be a psychologist's assistant. She borrowed $2
    15·1 answer
  • Suppose that velocity is 3 and the money supply is $600 million. According to the quantity theory of money, nominal output equal
    12·1 answer
  • Prepare journal entries to record each of the following four separate issuances of stock.
    15·1 answer
  • Question 27 pts OSHA, the Occupational Safety and Health Administration, has notified you that your company is legally required
    8·1 answer
  • Identify Maslow’s needs
    11·1 answer
  • What procedures must be described in an agreement called an assurance of compliance with a us?
    7·1 answer
  • which one of the following documents must normally be approved by the ceo or similarly high-level executive?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!