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lesya692 [45]
3 years ago
14

The City of Oxbow General Fund has the following net resources at year-end:

Business
1 answer:
Delvig [45]3 years ago
7 0

Answer:

$1,622,000

Explanation:

Preparation of the fund balance section of the balance sheet.

Partial Balance Sheet-General Fund

As of December 31

FUND BALANCES SECTION OF THE BALANCE SHEET

Nonspendable:

Prepaid Insurance $10,000

Restricted:

Intergovernmental Grants $250,000

Emergency services $26,000

Committed:

Rainy Day Fund $600,000

Capital Projects $275,000

Assigned:

Unassigned $461,000

TOTAL fund balance $1,622,000

Therefore the fund balance section of the balance sheet will be $1,622,000

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A document certifying ownership of part of a corporation is a
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Answer:

a document certifying ownership of part of a corporation is a stock certificate

6 0
3 years ago
Jamison's gross tax liability is $7,255. Jamison had $2,450 of available credits and he had $4,050 of taxes withheld by his empl
STALIN [3.7K]

Answer:

$755 taxes due  

Explanation:

Data provided in the question

Gross tax liability = $7,255

Credits available = $2,450

Taxes withheld by his employer = $4,050

So by considering the above information, the Jamison taxes due with his tax return is

= Gross tax liability - credits available - taxes withheld by his employer

= $7,255 - $2,450 - $4,050

= $755 taxes due  

6 0
3 years ago
What was the CEO of Tyco accused of doing?
RSB [31]

Answer:

The correct answer is A.) Falsifying records to keep the company stock price from falling.

Explanation:

Kozlowski and CEO Mark Swartz, also of Boca Raton, were convicted in a trial in 2005 on criminal charges for taking unauthorized bonuses, abusing corporate loan programs, falsifying records, and conspiracy. He went to prison in New York where he was in charge of laundry.

Hope This Helps!

4 0
2 years ago
One of the growers is excited by the price increase caused by the blight because he believes it will increase revenue in this ma
Nat2105 [25]

Full question attached

Answer:

Not elastic

Explanation:

The formula for demand elasticity= percentage change in quantity/percentage change in price

Therefore demand elasticity = Q2-Q1/Q2+Q1/2/P2-P1/P2+P1/2

Using graph of demand attached

= 12-15/12+15/2/21-15/21+15/2

= -3/27/2/6/36/2

=-2/9/1/3

=-2/3

=-0.67

Elasticity is less than one and so demand is inelastic

8 0
2 years ago
What function of money is highlighted when sally pays her cell phone bill with cash?
sineoko [7]
It is the medium of exchange. It serves as the mediator instrument used to encourage the deal, buy or exchange of products between parties. For an instrument to work as a medium of trade, it must speak to a standard of significant worth acknowledged by all gatherings. In present-day economies, the medium of trade is money.
7 0
3 years ago
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