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Serjik [45]
3 years ago
7

If the assets of a company increase by $55,000 during the year and its liabilities increase by $25,000 during the same year, the

n the change in equity of the company during the year must have been:
Business
1 answer:
morpeh [17]3 years ago
7 0

Answer:

Increase of $30,000

Explanation:

Increase in Company asset- Increase in liabilities

Increase in Company asset =$55,000

Increase in liabilities =$25,000

Hence:

$55,000 -$25,000

=$30,000

Therefore the change in equity of the company must have an increase of $30,000

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Communicating with people you know or meet to share information or advice about a job defines _____.a. contact listb. job leadsc
PolarNik [594]

Answer: (C) Networking

Explanation:

 Networking is the process of communicating by sharing the data or information from source to its destination by using various types of computer networks such as protocols, different type of software and the wireless technology.

According to the given question, the communicating with the people and share the information regarding the hob is defined as the networking.

 The main objective of the networking is that it helps in exchange the information or data and give advice about the career and jobs.

 Therefore, Option (C) is correct.

3 0
3 years ago
The Shoal Company's manufacturing costs for the third quarter of 2019 were as follows: (CPA adapted) Direct materials and direct
creativ13 [48]

Answer: $1,017,000

Explanation:

In calculating product costs we take the following, Direct materials and direct labor, Other variable manufacturing costs, Depreciation of factory building and manufacturing equipment and Other fixed manufacturing costs.

We add all of those with the result being the Product cost.

Calculating therefore would give us,

= 770,000 + 135,000 + 87,000 + 25,000

= $1,017,000

$1,017,000 is the amount that should be considered product costs for external reporting purposes.

If you need any clarification do comment.

7 0
3 years ago
If A, B, and C are three activities connected with SS and FF (combination) relationships with 2-day lag on the SS relationships
damaskus [11]

Answer:

22 days

Explanation:

number of activities : 3 ( A,B,C)

connected via : SS and FF combination.  days lag on SS and F = 2

Durations : 5,10 and 3

A and B is connected by SS and there is a 2-day lag on the SS connection, this means that B will start 2 days after A have ended

i.e when T = 0 , B will start : 5 +2 = 7 days and end in 17 days

while B and C is connected by FF and there is also a 2-day lag on the FF connection, this means that C will start after B has ended and end in 2 days

i.e when B ends at 17 days ; C starts = 17 + 2 = 19 DAYS

hence the project will end in 19 + 3 = 22 days ( i.e when C ends )

7 0
3 years ago
What is the cost of materials available for use assuming the following data? Materials inventory, January 1 - $33,660; materials
Len [333]

Answer:

Direct materials for use= $183,060

Explanation:

Giving the following information:

Materials inventory, January 1 - $33,660

Materials purchases - $148,800

Material transportation-in - $600.

The material transportation is part of the cost of materials. We need to use the following formula:

Direct materials for use= beginning inventory + purchases

Direct materials for use= 33,660 + (148,800 + 600)

Direct materials for use= $183,060

4 0
3 years ago
You just won the lottery and after taxes you have $32,000. You want to have $1,000,000 by the time you are 65, which is 45 years
kogti [31]

Answer:

$20.692.24 must be invested

Explanation:

The amount to be invested today is the present value of $1,000,000 discounted at 9%.

PV  = FV× (1+r)^-n

<em>PV - present value , FV- Future value , r- rate of return, n- number of years</em>

FV =1,000,000, r- 9%, n- 45

PV = 1,000,000 × 1.09^(-45)

PV = 20,692.24

Present Value = $20.692.24

$20.692.24 must be invested out of the $32,000

5 0
3 years ago
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