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Answer:
The total assets is $52,100
Explanation:
Total Assets : The total assets is a sum of all current assets and fixed assets. The current assets is that type of asset which is liquidate under one year whereas the fixed assets, the time period is more than one year.
The example of current assets is cash, accounts receivable, stock,etc whereas the fixed assets includes plant and machinery, furniture $ fixtures, equipment, etc.
So the fixed assets is = Accounts Receivable + Cash + Equipment
= $10,000 + $25,300 + $16,800
= $52,100
The accounts which are given in the question are related to liabilities account and expenses account.
Thus, the total assets is $52,100
Rebekah Grace has worked for Specoly Inc., for 20 years without taking a vacation. An internal control feature that would address this situation would be "Other human resource controls".
<h3>What is internal control?</h3>
Internal control is a procedure carried out by a company's board of directors, management, and other staff members and intended to give a reasonable level of assurance that the information is trustworthy, accurate, and timely of conformity with pertinent laws, rules, agreements, policies, and procedures.
An internal control framework is made up of five interconnected elements:
- monitoring,
- information and communication,
- risk assessment,
- control activities, and
- the control environment.
To know how board of directors can select first vice president, second vice president, and third vice president?, here
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The correct answer is known as Flexible Premium Life Insurance.
Life Insurance or Insurance is described as an agreement among an insurer and a policyholder, wherein the insurer ensures promised payment of a death beneficiary to named beneficiaries upon the death of the insured individual. The Insurance Company creates an agreement upon a death benefit in consideration of the charge of premium with the aid of the insured.
Answer: shows the amount of real GDP that will be demanded at each possible price level.
Explanation:
The Aggregate Demand curve shows how much of real GDP is demanded at each possible price level which means that is shows the effect of the price level on real GDP.
If the price level rises, real GDP will decrease and if the price level falls, real GDP rises. This is why the aggregate demand curve is downward sloping, to reflect this inverse relationship between real GDP and price level.
