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olganol [36]
3 years ago
7

Listed below in alphabetical order are the balance sheet items of Nolan Company at December 31, 2022

Business
1 answer:
Alex Ar [27]3 years ago
5 0

Answer and Explanation:

The preparation of the balance sheet is presented below:

Assets

cash  $11,000

account receivable $15,000

equipment $10,000

buidlings $65,000

land $31,000

Total assets $132,000

Liabilities and stockholder equity

Account payable $11000

common stock $80,000

retained earnings $41,000

Total Liabilities and stockholder equity $132,000

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Evaluate each of the following transactions in terms of their effect on assets, liabilities, and equity. 1. issue $80,000 in sto
Vsevolod [243]

The net total change in total assets comes out to 1,27,0000 when the change in assets and liabilities is computed.

<h3>What do you mean when you say "assets" and "liabilities"?</h3>

A company's assets are everything it possesses. They may be located on the balance sheet's left side. Liabilities are all debts that a company owes, both now and in the future. They may be found on the balance sheet's right side.

Current and fixed assets are the two categories of assets.

  • Current assets are those that can be turned into cash immediately. For example, Cash accounts receivable, and inventory is among them.

Current and long-term obligations are the two categories of liabilities.

  • Credit lines, loans, wages, and accounts payable are examples of current obligations that must be paid back within a year.

Thus,

According to the aforementioned circumstances, There will be a total shift of 1,27,0000 in assets.

Learn more about assets and liabilities:

brainly.com/question/20715446

#SPJ1

7 0
2 years ago
Suppose that Tony Hsieh noticed that Zappos’s customers were no longer willing tov pay full retail prices on shoes. What actions
natta225 [31]

Answer:

1. Giving employers the right and the necessary tools they need to make good business decisions that can improve the company's efficiency.

2. Reward outstanding achievements and encourage everyone to think outside the box as well as being productive.

3. Creating a challenging and interactive environment for everyone.

4. Inspiring everyone to do their best and let them know that they will certainly be rewarded.

Explanation:

Giving employers the right and the necessary tools they need to make good business decisions that can improve the company's efficiency. Reward outstanding achievements and encourage everyone to think outside the box as well as being productive. Creating a challenging and interactive environment for everyone. Inspiring everyone to do their best and let them know that they will certainly be rewarded.

3 0
3 years ago
Your sister is thinking about starting a new business. The company would require $380,000 of assets, and it would be financed en
Andrews [41]

Answer:

$51,300

Explanation:

Given that,

Assets require = $380,000

Return on the invested capital, ROE = 13.5%

ROE = Net income ÷ Total Equity

0.135 = Net income ÷ $380,000

0.135 × $380,000 = Net income

$51,300 = Net income

Therefore, the net income must be expected to warrant starting the business is $51,300.

Note: Since, all of the total assets are financed by the common stock.

5 0
3 years ago
The dodd-frank wall street reform and protection act stipulated that if more than $1 million is collected, the whistle-blower is
kirill [66]

Question:

The Dodd-Frank wall street reform and protection act stipulated that if more than $1 million is collected, the whistle-blower is entitled to _____ of the monies collected.

A) between 10 and 30 percent

B) a minimum of 50 percent

C) a minimum of 75 percent

D) between 50 and 75 percent

Answer:

The correct answer is A) Between 10 and 30 percent of the monies collected.

Explanation:

The Dodd–Frank Wall Street Reform and Consumer Protection Act (also known as Dodd–Frank) is a US Federal Law that was instituted on July 21, 2010.

It was created to revamp the financial regulation in the aftermath of the Great Recession, and brought about reforms to all federal financial regulatory agencies and almost every part of the nation's financial services industry.

Under the act, whistle blowers were promised 10-30 percent of all monies collected.

Cheers!

7 0
3 years ago
A person works as a cashier in a major supermarket. She sells vegetables to
AysviL [449]

Answer:

A

Explanation:

because the sells the factor of production to the household

7 0
2 years ago
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