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
Answer:
One-half squared is one-fourth.
Step-by-step explanation:
When you divide fractions, you multiply the first term by the reciprocal of the second term. In this example, instead of multiplying 1/2 by 1/4, you now multiply 1/2 by 4. Therefore, one half is equal to 2 fourths.
Answer:
336
Step-by-step explanation:
Answer:
about $12
Step-by-step explanation:
59.61(0.20)=11.922
11.922 rounded up is 12.
ur total bill would be $71.61
