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Reika [66]
2 years ago
13

Determine the amount of long-term debt for ABC Co. using the following balance sheet information: cash balance of $24,733, accou

nts payable of $95,119, common stock of $400,875, retained earnings of $500,644, inventory of $206,573, other assets equal to $76,981, net plant and equipment of $707,919, short-term notes payable of $30,000, and accounts receivable of $142,431.
Business
1 answer:
Furkat [3]2 years ago
6 0

Answer:

$131,999

Explanation:

i. Total Assets = Cash + Inventory + Accounts receivable + Other Assets + Net plant and Equipment

Total Assets = $24,733 + $206,573 + $142,431 + $76,981 + $707,919

Total Assets = $1,158,637

ii. Current liabilities = Accounts payable + Short term debt

Current liabilities = $95,119 + $30,000

Current liabilities = $125,119

iii. Common stock = $400,875

iv. Retained Earnings = $500,644

Long term debt = Total Assets - [Common stock + Retained earnings + Current liabilities]

Long term debt = $1,158,637 - [$400,875 + $500,644 + $125,119]

Long term debt = $1,158,637 - $1,026,638

Long term debt = $131,999

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tresset_1 [31]

Answer:

Letter c is correct.<u> Environment and noise affect communication.</u>

Explanation:

The communication process is extremely relevant to any business. It is through communication that the action process begins, the expression of ideas and objectives, the exchange of knowledge, interaction and other factors that help the organization to achieve its objectives and goals.

Therefore, in this matter, the most appropriate alternative is that the organizational environment and noise affect communication.

This is because the organizational environment is a reflection of how the communication process is carried out within a company. Through clear, direct and ethical communication, it is possible to transform the company's internal and external environment, the way employees work, create value, improve the perception of stakeholders, reduce noise, and improve the coordination of all processes organizational, which ensures greater possibilities for the organization to be well positioned in the market in which it operates.

6 0
3 years ago
Indicate whether each of the following cost of an automobile manufacturer would be classified as direct materials, direct labor,
SOVA2 [1]

Answer:

Explanation:

The meaning of terms is shown below:

Direct material: The material which is directly related to the production process of the product is known as direct material

Direct labor: The labor who are engaged in production process of the product plus their wages is known as the direct labor

Manufacturing overhead: All the indirect cost related to manufacturing is known as manufacturing overhead i.e depreciation on factory equipment, the salary of supervisor etc

The categorization is given below:

a. Windshield - direct materials

b. Engine - direct materials

c. Wages of assembly line worker - direct labor

d. Depreciation of factory machinery - manufacturing overhead

e. Factory Machinery lubricants - manufacturing overhead

f. Tires - direct materials

g. Steering wheel - direct materials

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3 0
3 years ago
Who is responsible for selecting the required yearly ce topics
Vilka [71]

Based on standard practice <u>State Real Estate Commission</u> is responsible for selecting the required yearly CE topics.

What is CE in Real Estate?

CE in Real Estate is a term that is used to describe the Continue Education that must be participated by the agents and brokers to retain and maintain real estate license.

To maintain the required yearly CE topics, the State Real Estate Commission set the standard, including the requirements, duration, and due dates.

Hence, in this case, it is concluded that the correct answer is "State Real Estate Commission."

Learn more about Real estate here: brainly.com/question/1534216

3 0
2 years ago
Match the association type with the person that best fits the description: opportunistic association a. your favorite teacher b.
wariber [46]

I believe the answer is: d. the man you met while walking your dog

Opportunistic association refers to an association that is formed that you met by small chance when you are doing your daily activities. Meeting that specific man when walking your dog could only occurs in small chance if you both somehow decided to pass the roads at the same time.

8 0
3 years ago
Read 2 more answers
Lisa Sumaya has decided to give up her full-time job to complete her master
ICE Princess25 [194]

Answer: Financial effects poses as economical risk while an improvement in career and better opportunity poses as potential economic benefit

Explanation:

One potential economic risk Lisa would have to face is that she would have issues with finances for the time being between when she resigned from her job, through her Master's and till she gets another job.

One potential economical benefit towards this decision is that she would have made an advancement in her career and would be at better place career wise and worth wise to compete for better jobs and improved pay from the place she left.

4 0
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