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3 years ago

If you wanted to make sure a company has enough money available to pay its bills, which financial statement would

Business

1 answer:

lisov135 [29]3 years ago

8 0

Answer:

D. Cash flow statement

Explanation:

that is the answer

hope I helped you

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Barton and Fallows form a partnership by combining the assets of their separate businesses. Barton contributes accounts receivab

Zigmanuir [339]

Answer:

(a) Barton's investment

Date Account Titles and Explanation Debit Credit

Accounts receivables $44,900

($48,000 - $3,100)

Equipment $90,000

Allowances for uncollectible $1,300

Barton Capital $133,600

(To record Barton's contribution)

(b) Fallows' investment

Date Account Titles and Explanation Debit Credit

Cash $28,700

Merchandise Inventory $60,500

Fallow Capital $89,200

(To record Fallow's contribution)

3 0

4 years ago

Roberto Designers was organized on January 1, 2021. The firm was authorized to issue 100,000 shares of $6 par value common stock

DedPeter [7]

Answer:

The total stockholders' equity at the end of 2021 is $271,500

Explanation:

In order to calculate the total stockholders' equity at the end of 2021 we would have to use the following formula:

Stockholders' equity=Common stock+ Paid-in capital in excess of par+ Net income-Dividends- Treasury stock

Common stock= ( 10,000*$6 + 20,000*$6 ) = $180,000

Paid-in capital in excess of par=(10,000*($8-$6) + 20,000*($9-$6)=$ 80,000 Treasury stock= ( 3,500 * $11 )=$38,500

Therefore, Stockholders' equity= $180,000+$ 80,000 + $100,000-$ 50,000 - $38,500

Stockholders' equity= $271,500

The total stockholders' equity at the end of 2021 is $271,500

6 0

3 years ago

If there are two lawyers with similar experience and fees, you should make a decision by _____.

mash [69]

Answer:

If there are two lawyers with similar experience and fees, you should make a decision by asking other lawyers for recommendations.

4 0

3 years ago

Read 2 more answers

George’s t-shirt shop produces 5,000 custom printed t-shirts per month. george’s fixed costs are $15,000 per month. the marginal

k0ka [10]

Answer: Price is $7 when sale is 5000 and $6 when sale is 7,500 units.

Explanation:

$Total cost of George = Fixed cost + Variable Cost = $15,000 + $4 (Units produced) = $15,000 + $4(5000) $15,000 + $20,000 = $35,000$

George will breakeven when his price is just sufficient to cost the total cost.

$Break even = Profit = 0 Total revenue - Total cost = 0 P*Q - $35,000 = 0 P*5000 = $35000 P= $35,000/5000 P=$7$

If George sells 50% more, then his sales is 7,500 units.

$Total cost of George = Fixed cost + Variable Cost = $15,000 + $4 (Units produced) = $15,000 + $4(7,500) $15,000 + $30,000 = $45,000$

George will breakeven when his price is just sufficient to cost the total cost.

$Break even = Profit = 0 Total revenue - Total cost = 0 P*Q - $45,000 = 0 P*7500 = $45000 P= $45,000/7,500 P=$6$

When sales is 5000 units price is $7. When sales is 7,500 units price is $6.

8 0

3 years ago

A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the

SCORPION-xisa [38]

Answer:

b. a discount.

Explanation:

A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the seller is called __a discount._______.

4 0

3 years ago