Answer:
$5 million
Explanation:
As we know the asset is financed from two capital sources equity and liability.
Using Accounting equations as follow
Assets = Equity + Liabilities
Total Assets Value = Equity Value + ( Account Payable + Accrued expenses + Long-Term Debt )
As we both sides are not equal, asset are more that the sum of equity and liabilities so we need more borrowing to finance the assets.
$50 million = $25 millions + ( $8 million + $2 million + $10 million ) + Additional Borrowing
$50 million = $25 millions + $20 million + Additional Borrowing
$50 million = $45 millions + Additional Borrowing
Additional Borrowing = $50 million - $45 millions
Additional Borrowing = $5 million
Answer:
the more money that you save over time the more money you will have to buy nicer things... and if you keep spending money on stupid things you wont have enough money to buy more expensive things if you will.
Explanation:
Perhaps the most important reason that u.s. companies have moved industrial production abroad is that the labor of the other nation is paid the low wages than the labor wages in US.
Job outsourcing occurs when U.S. companies hire the foreign workers instead of Americans.
Job outsourcing can help American companies to compete in the economy by keeping prices low, but simultaneously it has a negative effect on
America has lost local jobs to different countries labor such as China, Mexico, India, and other countries with lower wage standards.
Companies outsource domestically as well , they do not rely on the other countries completely U.S. employment but they have been increasing their reliance on freelancers or temp workers, as well as the part-timers.
To know more about job outsourcing here:
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Answer:
Check the following explanation
Explanation:
Features that facilitiate making investment in mutual funds are as follows:
Any interest, dividends and capital gains can be automatically reinvested.
As your objective change, you can easily swap shares of another mutual funds withing a mutual fund family.
A mutual fund can be inherited by a designated beneficiary without the need to be checked.
Answer - the best mutual funds to invest are usually
No load funds.
In no load funds the investor need not pay any amount in the form of commission or other charges while purchasing or selling the investments.
Answer- If we invest $2000 in a front end load with 8% interest rate then we will earn $1840 as $160( $2000 x 8%) will get deducted from the purchase amount and eventually reducing the investment size.
Answer- we should review and rebalance your mutual funds annually as if we do it too frequently it kight involve some costs and thus would turn out to be less profitable.
Answer- It shifts assets from moderate to more risky as the retirement age approaches because it will help in increasing the income of the investor when he retires as at retirement he or she might start withdrawing his or her money.
Answer:
Gross profit earned by the company for each of the four costing methods = Subtraction of Total cost of goods sold from Total Sales
$48,322 - $30,651 = $17,671
Explanation:
Total sales = (330 x 87.4) + (200 x 97.4) = $48,322
Total cost of goods sold overweighted average method = $30,651
Subtract $48,322 from $30,651 to give $17,671 as the gross profit.
In the attached picture, Your will see average costs calculated and the inventory values for March 5, 9, 25, and 29.
