Balance sheet equation states that:
Assets, A = Liabilities, L + Equity, E => A=L+E
In the current case,
L = Long term debt + Current liabilities = $8,675+$1,865 = $10,540
E = $14,865
Therefore,
A = 14,865 +10,540 = $25,405
Now,
Current assets (excluding cash) = current liabilities+Net working capital, other than cash = $1,865+$2,315 = $4,180
Additionally,
A = Fixed assets+Current assets (excluding cash) + Cash
Therefore,
Cash = 25,405-20,660-4,180 = $565
Let us suppose the number is x. Now we try to make an algebraic expression going step by step.
Step 1:
Five times the number means 5 multiplied by x.
So it becomes 5x.
Step 2:
Sum of 14 and five times the number means 5x+14.
Step 3:
Number multiplied by -8 means -8x.
Step 4:
Subtract the expression in step (3) from expression in step (2)
5x+14-(-8x)
Now we can simplify it further,
5x+14+8x
Combining like terms,
13x+14
Answer: The final expression becomes 13x+14.
Answer: "...in descending order."
There you go.
Answer: $208.95
Step-by-step explanation: $199 x .05= 9.95 + $199= $208.95
