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valina [46]
3 years ago
5

Whispering Winds Corp. compiled the following financial information as of December 31, 2022: Service revenue $836000 Common stoc

k 186000 Equipment 244000 Operating expenses 736000 Cash 215000 Dividends 60000 Supplies 30000 Accounts payable 111000 Accounts receivable 91000 Retained earnings, 1/1/22 447000 Whispering's assets on December 31, 2022 are:
Business
1 answer:
lawyer [7]3 years ago
5 0

Answer:

$580,000

Explanation:

The computation of the asset is shown below:

= Equipment + supplies + cash + account receivable

= $244,000 + $30,000 + $215,000 + $91,000

= $580,000

We simply added the four items so that the asset value could be determined

Hence, the asset is $580,000

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7 0
4 years ago
During the current year, the company had the following summarized activities:
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D

Explanation:

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3 years ago
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lubasha [3.4K]

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The correct answer is D. foreign media.

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4 years ago
Identify which of the following statements are true for the corporate form of organization. (You may select more than one answer
Likurg_2 [28]

Answer:

a) Ownership rights cannot be easily transferred. - True

b) Ownership rights cannot be easily transferred.  - False

c) Owners have unlimited liability for corporate debts.  - False

d) Capital is more easily accumulated than with most other forms of organization.  - True

e) Corporate income that is distributed to shareholders is usually taxed twice.  - True

f) It is a separate legal entity. It has a limited life.  - False

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Explanation:

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3 years ago
Type the correct answer in the box. Spell all words correctly.
Sonja [21]

Answer:

Explanation:

Opens to the left

directrix: x = ½

focus: (-½, 0)

6 0
3 years ago
Read 2 more answers
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