Answer and Explanation:
The Preparation of balance sheet is shown below:-
Balance Sheet
Current liability
Long term debt of Current portion $40,100,000
Long term liability
Notes payable $31,900,000
($40,100,000 - $8,200,000)
Total liabilities $72,000,000
So, to reach the total liabilities we simply add the long term debt of current portion with notes payable.
Answer:
In detailed along with all the contingencies that are spelled out.
Explanation:
Common law is the body which is of legal rules that have been made or build through the judges as they will issue the rulings on cases, which is opposed to the rules and the laws which were made through the official statutes or the legislature.
Under the common law, the contracts are made or stated or drafted so that they will provide a brief as well as detailed rules along with all the possible contingencies which were spelled out or made out.
An easier time getting a car loanan easier time renting an apartment
Answer:
$81,000
Explanation:
Segment margin is derived by deducting all expenses that are directly traceable to the segment and it does not include corporate common expenses.
Particulars Amount
Contribution $132,000 [33,000*(8-4)]
Less: Direct fixed cost <u>($51,000)</u>
Segment Margin <u>$81,000</u>
So, Carter's segment margin for the West Division is $81,000.
The quantity theory is a framework to understand price changes in relation to the supply of money in an economy.
It assumes an increase in money supply creates inflation and vice versa.
