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3 years ago

14

hey guys im sry for the miss of me not being here i got busy so i wanna catch up with yall so tell me everything tahts gonnin on

plzzzzzzzzzz

1 answer:

joja [24]3 years ago

4 0

I’m sick :( i feel so weak i’m going to the gym later tho i always need to workout feels weird not doing it Imaoo

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Assets for Smith Company are $30,000. Liabilities are $20,000. What is the Equity for Smith Company?

geniusboy [140]

Answer:

$10,000

Explanation:

8 0

3 years ago

Kelly Malone plans to have $51 withheld from her monthly paycheck and deposited in a savings account that earns 12% annually, co

natita [175]

Answer:

$1,774.2

Explanation:

Compute the accumulated amount in the account on the date of last deposit'

Formula used to find out the future value ordinary annuity is:

Future value factor of ordinary annuity $(FVF-0A =_{n,i} ) = \frac{1-(1+i^)^ {n} }{i}$

1- oily Future value of ordinary annuity $(FV-OA) = R (FVF-0A_{n,i} )$

Where:

R = annual return (ordinary annuity)

$(FVF-0A_{n,i} )$ = future value of an ordinary annuity of I for n periods at i interest

Substituting the values:

Future value of ordinary annuity $(FV-OA) = R (FVF-0A_{n,i} )$

= $$50 (FVF-OA 12_{2.5X 12\frac{12}{12} } )$

= $$50 X 34.7849$

$51 X 34.7849\\=1,774$

6 0

3 years ago

Suppose that Greece and Switzerland both produce beer and olives. Greece's opportunity cost of producing a crate of olives is 5

Rama09 [41]

<u>Answer: </u>

Out of the following prices, the price of 7 barrels of beer per crate of olives would make the trade beneficial for both Greece and Switzerland.

<u>Explanation: </u>

As we know that in Greece, a single crate of olive costs five barrels of beer. Where on the other hand, in Switzerland, one crate of olive costs ten barrels of beer.
Hence, if Greece agrees on giving one crate of olives on every seven barrels (two barrels more than what it costs in Greece), the trade would be beneficial for Greece.
Similarly, if one crate of olives costs seven barrels of beer instead of ten barrels, the trade would be beneficial for Switzerland too.

3 0

3 years ago

Perine Company has 2,000 pounds of raw materials in its December 31, 2016, ending inventory. Required production for January and

nexus9112 [7]

Answer:

Budgeted purchase for January = $48,000

Explanation:

Opening stock of raw material = 2,000 pounds

Requirement for January = 4,000 units $\times$ 2 per unit = 8,000 units

Also provided that inventory upto 25% of next month requirement is to be held, that is for 5,000 units of finished goods 5,000 $\times$ 2 = 10,000 units $\times$ 25% = 2,500 units, of raw material is required.

Total purchase for January = Closing requirement + Current month requirement - Opening Stock = 2,500 + 8,000 - 2,000 = 8,500 units to be purchased

Total purchase cost = 8,000 units $\times$ $6 = $48,000

Final Answer

Budgeted purchase for January = $48,000

3 0

3 years ago

Tiptoe shoes, had annual revenues of $185,000, expenses of $103,700, and paid dividends of $18,000 during the current year. The

Natalka [10]

<u>Calculation of ending retained earnings balance after closing:</u>

The balance in ending retained earnings after closing can be calculated as follows:

Balance in retained earnings account before closing $297,000

Add: Revenues $185,000

Less: Expenses $103,700

Less: Dividends $18,000

Ending retained earnings balance after closing = $360,300

Hence, The balance in ending retained earnings after closing is <u>$360,300</u>

4 0

3 years ago

Read 2 more answers