$340,000. stockholders' equity on December 31, 2022
$280,000 + ($375,000 - $285,000) - $30,000 = $340,000
Total Assets = Penalties + Owner's Equity
<h3>How to Calculate Current Liabilities. </h3>
The equation must counteract because everything the firm owns must be purchased from debt (liabilities) and assets (Owner or stockholders equity). The owner's equity is computed by adding up all of the business assets and removing all of its liabilities.
To calculate current liabilities, you ought to add together all the money you owe lenders within the next year (within 12 months or less). Current liabilities contain current payments on long-term loans (like mortgages) and client deposits.
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B. To help determine how much inventory to keep in stock of each item in the outlet, I would consider two factors. The first one is the <u>certain amount of each item type </u>in the first week - determining the number of each items input in the stock to be the original data to compare. The second is the <u>number of items sold and still on stock</u>. This would help determine invetory to keep in stock.
B. If I was running a store, I would prefer to use the pick up at store buying method. There would be cashier at the register to check the products and bills as well as receive money from the customers. This is the traditional and still always the most common methods. As the fact that people nowadays still like shopping in physical store, this is definitely the most effective method.
C. The inventory control method I would use when operating a store is to adopt modern technology like bar code to control the inventory stock. By using this technology, I would need to consider the <u>bar code</u> for each type and establishing <u>software</u> to automatically input the information about the number of items sold and in stock. With inputting the number of total items at the beginning and giving each item its corresponding bar code, the sales or number of stock would be tracked by the software.
D. An example of two commodities to be displayed together at store is <u>pencil and rubber</u>. Pencil and rubber undoubtedly are complementary products of each other. Complementary products are made to be used together. Each item requires the other for their complete uses. This is also the case of Rubber and Pencil and each item would not be fully used without the presence of the other.
Answer:
a. 25 b. 7 c. 6 d. 4. e. 3
Explanation:
Money Multiplier = 1/Reserve ratio
A. At 4% reserve ratio
Money Multiplier = 1/0.04
Money Multiplier = 25
B. At 12% reserve ratio
Money Multiplier = 1/0.12
Money Multiplier = 6.67
Money Multiplier = 7
C. At 18% reserve ratio
Money Multiplier = 1/0.18
Money Multiplier = 5.56
Money Multiplier = 6
D. At 26% reserve ratio
Money Multiplier = 1/0.26
Money Multiplier = 3.85
Money Multiplier = 4
E. At 30% reserve ratio
Money Multiplier = 1/0.3
Money Multiplier = 3.33
Money Multiplier = 3
Answer:
to provide a brief technical summary of the report.
Explanation:
Answer:
Salaries
Explanation:
<em>Overhead</em> includes all types of costs in the income statement except<u><em> direct labor, direct material and direct expenses</em></u>. Therefore slaries are not included in it.