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love history [14]
3 years ago
14

Which is heavier 100 pounds or ROCKS! or a 100 pounds of feathers?

Business
2 answers:
shutvik [7]3 years ago
8 0
100 rocks because the weight would go down faster than it would with feathers but at the same time it’s also equally the same . The fathers will float down if you put them rocks down next to it because the rocks will be heavier than feathers which are light and not as heavy ..
Natali [406]3 years ago
6 0
Rocks are lighter because you said "100 pounds OR rocks". so 100 pounds and 100 pounds of feathers are tied for heaviest

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Here are the 2018 and 2019 (incomplete) balance sheets for Newble Oil Corp.BALANCE SHEET AT END OF YEAR(Figures in $ millions)As
otez555 [7]

Answer:

Newble Oil Corp Balance Sheet for 2018:

Current Assets - $319 million

Net Fixed Assets - $1,290 million

Total Assets = $1,609 million

Current Liabilities - $255 million

Long-term Debts - $875 million

Total Liabilities = $1,130 million

a) Equity = Total Assets ($1,609 million) minus Total Liabilities ($1,130 million) = $479 million

Newble Oil Corp Balance Sheet for 2019:

Current Assets - $465 million

Net Fixed Assets - $1,465 million

Total Assets = $1,930 million

Current Liabilities - $249million

Long-term Debts - $1,010 million

Total Liabilities = $1,259 million

b) Equity = Total Assets ($1,930 million) minus Total Liabilities ($1,259 million) = $671 million

c) Net Income during 2019, if Newble paid dividends of $145 million:

2019 Equity plus Dividends paid minus 2018 Equity = Net Income

($671 + $145 - $479) million = $337 million

d) Depreciation charge for 2019 if Newble purchased $345 million in fixed assets:

2018 fixed assets plus new acquisition minus 2019 fixed assets =

$(1,290 + 345 - 1,465) million = $170 million

e) Change in net working capital between 2018 and 2019:

Net working capital = Current Assets minus Current Liabilities

2018 net working capital = $319 - $255 = $64 million

2019 net working capital = $465 - $249 = $216 million

Therefore, the change in net working capital is $216 - $64 = $152 million.

f) Debt paid off during the year:

2018 debt plus new issue minus 2019 debt balance equals debt paid off.

$(875 + 218 - 1,010) millions = $83 million

Explanation:

a) Equity is the difference between total assets and total liabilities.  In accounting equation, assets = liabilities + equity.

b) Dividends is a distribution from retained earnings (equity).  It decreases the retained net income, which increases the equity.

c) Depreciation also decreases the assets.  To find the charge for the period, we add compare the new assets balance with the old, taking into consideration new acquisitions.

d) Net working capital is the difference between current assets and current liabilities.

e) Debts paid off during the year can be obtained by comparing old debt balance with the new and additional debt issued during the period.

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3 years ago
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Answer:

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I hope I was able to help. Thank you.


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