Answer:
bigger is the correct answer.
Explanation:
Answer:
$76.856 million
Explanation:
As we know that Balance sheet is divided in two portions.
1. Total Assets (Current Assets + Fixed Assets)
2. Total Liabilities and Share Holders' Equity.
and they both should be equal. So we can write from the above information, as:
Total Assets = Total Liabilities + Total Common Stock + Retained Earnings
N.B. We are excluding Cash from our calculation cause we assume that Cash is already been included in Total Assets.
Hence, by putting the values in above equation we can find our Retained Earnings as:
Retained Earnings + $128.230 million + $6.350 million = $211.436 million
Retained Earnings + $134.58 million = $211.436 million
Retained Earnings = $211.436 million - $134.58 million
Retained Earnings = $76.856 million
Answer:
The correct answer is option d.
Explanation:
The most effective model to understand the effect of change of a variable on other variable is by assuming other factors to be constant. This simplifies the model and helps in easily understanding the relationship between the two variables.
Though the assumption of other things being constant does not apply in the real world, it is still used as otherwise change in other factors would complicate the model. If several factors change it would be difficult to understand the relationship between variables.
Here, to study the effect of change in the price of grapes on the market for wine, it is necessary to assume other factors such as income, consumer preferences, etc to be constant.
The value of the CPI in 2006 is 82.61.
<h3>What is the value of the CPI?</h3>
The consumer price index measures the changes in price of a basket of good. It is used to measure inflation. Inflation is when there is a persistent rise in the general price levels.
CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100
2010 is the base year because its CPI is 100.
(19,000 / 23,000) x 100 = 82.61
To learn more about consumer price index, please check: brainly.com/question/26382640
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Answer:
Total current liabilities 85.008,33
Explanation:
current liabilities: obligations that will setlte within a one-year period
<em />
<em>accounts payable</em> from the purchase of equipment:
cost: 176,500
paid: <u> (125,900) </u>
balance: 50,600
<em />
<em>waranty liaiblity:</em>
191,000 x 5% = 9,550
<em>sales tax payable:</em>
sales for 191,000
paid for <u> (141,000) </u>
unpaid for 50,000 x 6% = 3,000
<em>note payable</em> with a local bank:
principal: 21,500
accrued interest: 21,500 x 5% x 1/3 = 358,33
net: 21,858.33
<u>Total current liabilities:</u>
accounts payables 50,600
warrant liability: 9,550
sales tax payable: 3,000
note payable: <u> 21,858.33 </u>
85.008,33
