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Elan Coil [88]
3 years ago
13

Use the starting balance sheet and the list of changes to create an updated balance sheet and to answer the question.

Business
1 answer:
anastassius [24]3 years ago
4 0

Answer: $3,300,000

Explanation:

Accounting formula:

Assets = Equity + Liabilities

Total equity and liabilities on March 31 is:

= Beginning balance - decrease in liabilities + Increase in Equity

= 5,000,000 - 100,000 + 400,000

= $5,300,000

Assets therefore has to be $5,300,000 on the same date.

Assets = New cash balance + Other assets

5,300,000 = (2,200,000 - 200,000) + Other assets

Other assets = 5,300,000 - 2,000,000

= $3,300,000

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9.50 dollars

Explanation:

The marginal revenue is the revenue generated for an additional sale.

In this case the new customer will generate an additional revenue equal to the service change to him. This amount is for 9.50 dollars. So, this is the marginal revenue for an additional sale.

The rest of the option are incorrect.

3 0
3 years ago
Alyssa was complaining about her workload before the staff meeting began. Later, when the manager announced that twelve parking
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8 0
2 years ago
Suppose you were hired as a consultant for a company that wants to penetrate the Comp-XM market. This company wants to pursue a
cupoosta [38]

Answer:

Chester Company is the strongest Competitor

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8 0
3 years ago
A company bought a parcel of land twenty years ago. The land is currently worth $575,000. The yearly appreciation rate has been
tekilochka [14]

Answer:

The company paid $278,031

Explanation:

Giving the following information:

A company bought a parcel of land twenty years ago. The land is currently worth $575,000. The yearly appreciation rate has been 3.7%.

<u>To calculate the past value of the land, we need to use the following formula:</u>

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PV= $278,031

3 0
3 years ago
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Feliz [49]

Answer:

C) signature

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But even in Coke ads, the sponsor must be identified, that is why the signature is necessary and it is generally placed in the bottom part of the ad written in a very small letter.

7 0
2 years ago
Read 2 more answers
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