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adelina 88 [10]
3 years ago
11

Peeples, Inc., has a book value of equity of $13,500. Long-term debt is $7,700. Net working capital, other than cash, is $1,990.

Fixed assets are $18,450 and current liabilities are $1,670.
A) How much cash does the company have? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

B)What is the value of the current assets? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Business
1 answer:
Reil [10]3 years ago
6 0

Answer:

hope you like my answer

Explanation:

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An account related with another account on the financial statements that 1) directly reduces the related account and 2) has an o
VLD [36.1K]

Answer:

Contra account.

Explanation:

A contra account is an account that has an opposite of what is the normal balance for the class of such an account. a company would be able to report the original amount and in so doing also be able to report the reduction and then what is the net amount would be reported. in other words such an account is used to reduce the value of another related account. And thereafter the net value is what is going to be reported.

6 0
2 years ago
Alcott's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $45.00, what is its nominal (not eff
harina [27]

Answer:

= 8.89%

Explanation:

T<em>h rate of return on a preferred stock is the dividend divided by the price of the stock multiplied by 100</em>

<em>Return = Dividend/price × 100</em>

Quarterly dividend = $1

<em>Annual dividend </em>

= 1 × 4 ( Note there are four quarters in year)

= $4

<em>Annual rate of  return</em>

= (4/45)× 100

= 8.89%

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3 years ago
The traditional method of making product mix decision considersA.producing the products with the highest contribution margins fi
Helga [31]

Answer:

The correct answer is letter "A": producing the products with the highest contribution margins first.

Explanation:

A product mix refers to the different assets a company may posses in its portfolio. Those products or services are usually similar or satisfy almost the same need. They are measured according to their width, length, depth, and consistency. The product mix avoids that the company relies on a single product or service as a source of income. Besides, the product or service with the fastest and highest revenues is the one to be produced first.

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Moonburst is a newly launched brand of energy drinks, one among many other recently introduced competing brands. The advertising
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Answer: Advertising seeks to appeal to a mass audience with a uniform message.

Explanation:

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3 years ago
Assume that there are two nations, alpha and beta. each nation produces two products, wheat and steel. alpha has a comparative a
Klio2033 [76]

If the two nations trade, the trade price of wheat in terms of steel will be "greater than the domestic opportunity cost of wheat in alpha and less than the domestic opportunity cost of wheat in beta".

Opportunity cost speaks to the advantages an individual, financial specialist or business misses out while picking one option over another. While financial reports don't demonstrate opportunity cost, entrepreneurs can utilize it to settle on wise choices when they have different choices available to them.

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