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alukav5142 [94]
2 years ago
7

Listed below are year-end account balances ($ in millions) taken from the records of Poe Dameron's Pilot School. Debit Credit Ac

counts receivable 668 Building and equipment 922 Cash 40 Interest receivable 38 Inventory 19 Land 153 Notes receivable (long-term) 475 Prepaid rent 36 Supplies 11 Trademark 46 Accounts payable 615 Accumulated depreciation 74 Additional paid-in capital 481 Dividends payable 30 Common stock (at par) 13 Income tax payable 49 Notes payable (long-term) 811 Retained earnings 313 Deferred revenue 22 TOTALS 2,408 2,408 What would Poe Dameron's Pilot School report as total assets
Business
1 answer:
Ganezh [65]2 years ago
5 0

Answer:

$812

Explanation:

Current assets:

Details                           Amount

Account receivable        $668

Cash                                $40

Interest Receivable        $38

Inventory                         $19  

Prepaid rent                    $36

Supplies                          <u>$11  </u>

Total Assets                   <u>$812</u>

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Neon Electronics Inc. sourced touch screens required for its tablet computers, cell phones, and televisions from a manufacturer
Nataly_w [17]

Answer:

C. backward vertical integration

Explanation:

Vertical integration is one in which the supply chain of a clothe producing company is owned by the

Backward integration is a type of vertical integration in which a firms starts to fill in the role it once designated to another in the manufacturing of its product. Backward vertical integration would see a company buying another to fulfill its needs as regarding production.

From the above question, it can be seen that due to the inability of the china firm to meet up with Neon Electronics Inc; it started to produce the touchscreens needed for the tablet computers.

Cheers.

3 0
3 years ago
Art is a self-employed installer of home entertainment systems, and he drives his car frequently to installation locations. Art
kap26 [50]

Answer:

Explanation:

The expenses that Ryan can deduct for the business trips he had is calculated by summing up the expenses he had with regards to gasoline and the depreciation.

Cost of gasoline = (3,760 miles)($1,590/18,800 miles) = $318

Cost of depreciation = $4,800

Adding the costs will give us an answer of $5118.

Answer: $5,118

3 0
3 years ago
The use of the money supply to influence the economy is: a. initiated through actions of Congress. b. called countercyclical pol
iogann1982 [59]

Answer:

The correct answer is (E)

Explanation:

There are two major policies which can directly affect the economy of a country; fiscal policy and monetary policy. Monetary policy is generally controlled by federal or state bank which is used to increase or decrease the overall money supply in the economy. Some important tools of monetary policy are interest rate, discount rate and open market operations etc. The monetary policy is often used to target inflation

5 0
3 years ago
McDonald's major distribution partner, The Martin-Brower Company, needs at least $1 million to build a new warehouse in Medicine
aleksley [76]

Answer:

No it wont have enough money to build a warehouse in two years.

Explanation:

Firstly we are given that the warehouse is $1 million so the company needs to save this amount of money in two years time.

We know that the company has invested $500000 to date therefore we need to calculate if this $50000 per quarter investment will cover the the other portion for $500000 to meet the warehouse cost of $1 million so we will use the future value annuity formula to calculate this which is :

Fv = C[((1+i)^n -1)/i]

where Fv will be the future value after two years of the $50000 investment

C is the periodic payment of $50000

i is the interest rate per period which is 6% per quarter

n is the number of periods the payment is done here it is 4 x 2years= 8 periods / investments of $50000 that will be done.

thereafter we substitute on the above formula:

Fv = 50000[((1+6%)^8 - 1)/6%]

Fv = $494873.40

then we combine this amount to $500000 to see if it reaches $1 million

$494873.40+ $500000 = $994873.40 which is close to the warehouse cost of $1 million but it does not reach it so the company wont have enough money to purchase the warehouse.

5 0
2 years ago
By definition, employee engagement encompasses which of the following dimensions?
Mariulka [41]

Answer:

a, motivational

b, emotional

c, Rational

Explanation:

Employees engagement is level to which an employee has passion for his/her job (motivation), commitment to the firm (emotion) as well as his/her rational input in his/her efforts (rationality or use of discretion).

Employee engagement could be mistaken for employee satisfaction but they are not related.

5 0
3 years ago
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