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Lina20 [59]
3 years ago
5

Question: SANDHILL CO. Balance Sheet Assets Cash $29,100 Supplies (a) Equipment (net) 61,000 Total assets $...

Business
1 answer:
Genrish500 [490]3 years ago
7 0

Answer:

Supplies and total assets is $6,800 and $96,900

Explanation:

The computation of the total asset is

= Cash + supplies + equipment

= $29,100 + supplies + $61,000

= $29,100 + $6,800 + $61,000

= $96,900

For total assets we have to determine the total of liabilities and equity i.e.

= Note payable + common stock + retained earnings

= $23,900 +  36,600 + $36,400

= $96,900

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Answer:

Given that,

Current exchange rate between India and U.S :

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Exchange rate between India and U.S a year ago :

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Above information conclude that the currency of India depreciates whereas  currency of united states appreciates.

This is due to the increase in the exchange rate in India. Now, a dollar become more expensive than it a year ago.

So, the Indian rupee depreciated and U.S dollar appreciated.

 

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Define demand and supply​
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What is in a cash flow statement?

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Learn more about cash flow statement: brainly.com/question/15278261

#SPJ4

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