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Dmitriy789 [7]
3 years ago
13

Use the following data to determine the total dollar amount of assets to be

Business
1 answer:
gavmur [86]3 years ago
4 0

Answer:

=$350,000

Explanation:

Property, plant, and equipment are the tangible long-term fixed assets of a company. The total of PPE is the sum of all fixed long term assets minus accumulated depreciation.

There are fixed assets hence will appear on the asset side of the balance sheet. For Koonce Office Supplies, PPE will include

Land : $180,000

Buildings: $210,000

Total = $180,000 + $210,000

Total = $390,000

less accumulated depreciation

=$390,000 -$40,000

=$350,000

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Lin Corporation has a single product whose selling price is $130 per unit and whose variable expense is $65 per unit. The compan
4vir4ik [10]

Answer:

1.- selling 530 units will achieve 2,300 operating profit

2.- sales for $82,100 will achieve 8,900 operating profit

Explanation:

sale price 130

variable 65

contribution margin 65

\frac{Fixed\:Cost + Target \: Profit }{Contribution \:Margin} = Units\: to\: Profit

(32150 + 2,300) /65 = 530 units

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Sales\: To\: Profit

\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio

65/130 = 0.5

(32,150 + 8,900) / 0.5 = 82,100

4 0
2 years ago
What environmental influences can affect school? How does a school address issues of sustainability?
NeX [460]
You can start by defining sustainability. "<span>In the broadest sense, this refers to our interdependence on the natural environment and the need to lead healthy, productive lives today and in the future. In this way, there will always be water and other resources needed." Then go on to explain different things the school does to help the environment. Then you can explain which environmental influences help or hurt the school.</span>
7 0
2 years ago
During the year, Next Tec Corp. had the following cash flows: receipt from customers, $10,000; receipt from the bank for long-te
VikaD [51]

Answer:

The net financing cash flows is $5000 as shown below.

Explanation:

The net financing cash flows is calculated below:

Receipt from bank for long-term borrowing  $6000

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Net financing cash flows                                  $5000

Receipt of $10000 relates to operating cash flows as it is cash receipt in the ordinary course of business

Payment to suppliers of $5000 is an operating cash flow as well as suppliers are paid for supplying the items that the business deals in, same applies to payment to workers of $2000.

Lastly, the payment for machinery of $8000 relates to investing activities of the business as it an expenditure incurred to generate more returns.

5 0
3 years ago
If the demand for money is $100 billion and the supply of money is $200 billion, then the interest rate will: fall. rise. remain
Alik [6]

Answer:

fall

Explanation:

The situation above can be best explained by using the "Liquidity Preference Theory." According to the theory when money supply increases (as in the situation above), the interest rate falls. So, this means that many people will be more willing to invest, thereby resulting to a higher income. On the contrary, if the money supply decreases, the interest rate rises. This may temporarily increase the employment condition, however, it can lead to inflation in the long-run.

So, this explains the answer.

7 0
3 years ago
Accounts are classified in the ledger a. alphabetically b. chronologically c. so that accounts used most often are listed first
Neko [114]

Answer: In accordance with their appearance in the financial statements

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6 0
2 years ago
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