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
garik1379 [7]
3 years ago
7

Below are several amounts reported at the end of the year. Currency located at the company $ 950 Supplies 2,800 Short-term inves

tments that mature within three months 1,850 Accounts receivable 3,100 Balance in savings account 8,100 Checks received from customers but not yet deposited 550 Prepaid rent 1,350 Coins located at the company 100 Equipment 9,000 Balance in checking account 5,800 Required: Calculate the amount of cash to report in the balance sheet.
Business
1 answer:
choli [55]3 years ago
8 0

Answer:

$17,350

Explanation:

Calculation to determine the amount of cash to report in the balance sheet.

Currency located at the company $950

Add Short-term investments that mature within three months 1,850

Add Balance in savings account 8,100

Add Checks received from customers but not yet deposited 550

Add Coins located at the company 100

Add Balance in checking account 5,800

Total Cash $17,350

Therefore the amount of cash to report in the balance sheet is $17,350

You might be interested in
Data pertaining to a company's joint production for the current period follows
Ainat [17]

Answer:

a. $295.81

Explanation:

Total market value = (310 * 10.2) + (260 * 20.4)

Total market value = 3,162 + 5,304

Total market value = 8466

Joint cost allocated to L on basis of value

= [ (310 * 10.2) / 8,466] * 792

= (3,162 / 8,466) * 792

= $295.81

4 0
3 years ago
An increase in government spending by $100 would, if the mpc = 0. 90, result in an increase in real gdp by?
bixtya [17]

The answer is $1000

As Change in real GDP= Change in gov. spending/(1-MPC)

So

100/(1-0.90)=1000

Gross domestic product is the monetary fee of all finished goods and services made inside a country during a selected duration. GDP affords an economic snapshot of a rustic, used to estimate the scale of a financial system and growth charge. GDP can be calculated in 3 methods, the use of fees, production, or earning.

In economics, the marginal propensity to consume (MPC) is defined as the percentage of a mixture enhance in pay that a consumer spends on the consumption of goods and offerings, instead of saving it.

Learn more about Gross domestic product here

brainly.com/question/1383956

#SPJ4

5 0
2 years ago
There are four general ways of making observations: (1) direct versus indirect, (2) overt versus covert, (3) structured versus u
torisob [31]

Answer:

False

Explanation:

7 0
4 years ago
On December 1 of Year 1, Jones, a self-employed cash basis taxpayer, took out a loan to use in her business. The loan principal
Phoenix [80]

Answer: $6,000

Explanation:

When expenses such as this interest expense are for 12 months or more, the deduction will need to be evenly spread over the period that they apply to. As the loan was to be repaid in 24 months, the interest payment deductions should be evenly spread over 24 months.

= 12,000/24

= $500

That means that for Year 2, the relevant deduction will be for the 12 months in it;

= 500 * 12

= $6,000

4 0
4 years ago
Who is this a random girl from the web or some one else
djverab [1.8K]
Random girl from the web.
4 0
3 years ago
Read 2 more answers
Other questions:
  • How can a nation improve its business climate?
    5·2 answers
  • What is one of the most critical areas in a quality control program?
    15·1 answer
  • Which of the following are microeconomic problems? (You may select more than one answer.)(a) Work/leisure choice.(b) Marketing s
    10·1 answer
  • Zwilling Corporation’s comparative balance sheet for current assets and liabilities was as follows:
    11·1 answer
  • Some spending and taxes increase or decrease with the business cycle. This event often has an effect on the economy that is simi
    12·1 answer
  • Honeywell, Goodrich, and UTC Aerospace are among the suppliers to Embraer. If these companies want to look for other export oppo
    10·1 answer
  • An automobile battery manufacturer offers a 39/50 warranty on its batteries. The first number in the warranty code is the free-r
    14·1 answer
  • Highlight the difference between progressive and regressive tax.
    5·1 answer
  • Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production
    9·1 answer
  • Suppose you have a dinner gift certificate for $20. You can use it to order meatloaf or pot roast. Meatloaf costs $12, and pot r
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!