1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Amanda [17]
3 years ago
8

warfaa is setting up anew business. before selling anything he bought avan for $4500,a shop for $2000 and stock of good for $150

0, he did not pay in full for the stock and still ownest $1000 from respect of them . he borrowed $5000 from farah . after the events just described and before trading start he has 400 cash in hand and 1100 cash at bank , calculate warfaa's capital.​
Business
1 answer:
Wittaler [7]3 years ago
7 0

Answer:

$3,500

Explanation:

Calculation for warfaa's capital

ASSETS

Cash $1,500

($400+$1,100)

Inventory $1,500

Fixed Assets $6,500

($4,500 + $2,000)

Total Assets $9,500

($1,500+$1,500+$6,500)

LIABILITIES

Notes Payable $5,000

Accounts Payable $1,000

Total Liabilities $6,000

($5,000+$1,000)

CAPITAL $3,500

($9,500-$6,000)

Therefore warfaa's capital is $3,500

You might be interested in
Prisly Inc. is a multinational company that specializes in manufacturing and selling high-end cars. It launches a new car, the G
nasty-shy [4]

Answer:

cannibalization

Explanation:

Cannibalization of products refers to a situation where one product of the same company will "eat" (reduce) the sales of another product or products of the same company.

For example, Coke Zero cannibalized the sales of Diet Coke and regular Coke.

3 0
4 years ago
1) In the previous problem, suppose Ferguson has announced it is going to repurchase $15,600 worth of stock. What effect will th
Softa [21]

Answer:

1. Equity reduces to $372,300

2. 11,517 shares

3. $32.33

Explanation:

1. Effect on Equity

The company will use $15,600 cash to buy the equivalent amount of shares.

Cash Balance will reduce by;

= 52,900 - 15,600

= $37,300

Equity will reduce by the amount of stock repurchased;

= 387,900 - 15,600

= $372,300

2. Shares Outstanding

Current Stock Price = \frac{Equity Value}{Number of shares outstanding}

= 387,900/12,000

= $32.33

Number of shares repurchased =  15,600/32.33

= 483 shares

New Shares Outstanding = 12,000 shares - 483 shares

= 11,517 shares

3. Price per share after repurchase

= \frac{New Equity Value}{New Number of shares outstanding}

= 372,300 / 11,517

= $32.33

4. Dividends declared reduces the equity value.

= 32.33 - 1.30

= $31.03

The share repurchase is the same as the cash dividend because the stock price after the repurchase is the same as the stock price if dividends are declared less the cash dividends.

7 0
3 years ago
Your organization has been developing a new product for the last three years. The technical specifications of the product were l
steposvetlana [31]

Based on commercial data classification levels, it is correct to say that the sensitive data level has been breached.

<h3 /><h3>What is the data sensitive level?</h3>

Corresponds to data breaches that would negatively impact a business, jeopardizing operations and market positioning, such as leaking financial and intellectual property data.

Therefore, information security must be a criterion to be achieved in organizations and all their processes to avoid consequences of a data leak.

Find out more about information security here:

brainly.com/question/25226643

#SPJ1

4 0
2 years ago
A sole proprietorship that began business's May 1, 2018, incurred $9000 of startup expenses. If the business elects to report th
labwork [276]

Answer:

Option (C) $178

Explanation:

Data provided in the question:

Startup expense incurred by the business = $9,000

Now,

The start-up costs and organizational expenses are deducted over a time period of 180 months

also,

$5,000 can be deducted in the first year by the startup expense.

Therefore,

Amortization amount reported as a "other expense" on Schedule C per month

= [ Startup expense - $5,000 ] ÷ 180

= [ $9,000 - $5,000 ] ÷180 = $22.22

for the year = $22.22 × Number of months left in the year from May

= $22.22 × 8

= 177.78 ≈ $178

Hence,

Option (C) $178

3 0
4 years ago
Hello guys please follow me promise to follow back​
Zina [86]

Answer:

OK Sure! On brainly?

6 0
3 years ago
Read 2 more answers
Other questions:
  • If you see someone moving furtively around your home what should you do
    5·1 answer
  • An automated car wash serves customers with the following serial process: pre-treat, wash, rinse, wax, hand dry. Each of these s
    7·1 answer
  • A man-made system consisting of people, equipment, organization, policies and procedures with the objective of accomplishing the
    15·1 answer
  • During the initial homeowner meeting, the designer ascertains the homeowner’s preferences, financial constraints, and any specia
    10·1 answer
  • Amarillo Company experienced the following events during its first accounting period. (1) Purchased $5,000 of inventory on accou
    7·1 answer
  • In how many cities are Federal Reserve district banks located? 4 12 50 8
    6·2 answers
  • Who wanna play among us? Add my discord ids#4092
    8·2 answers
  • When designing the technical solution for a disaster recovery site, the PRIMARY factor that should be taken into consideration i
    14·1 answer
  • Bramble Corp. incurs the following costs to produce 9900 units of a subcomponent: Direct materials$8316 Direct labor11187 Variab
    10·1 answer
  • Which file should you edit to limit the amount of concurrent logins for a specific user? (tip: enter the full path to the file.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!