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amm1812
3 years ago
5

Who is the Father of accounting

Business
1 answer:
vovangra [49]3 years ago
5 0

Answer:

Luca Pacioli

Luca Pacioli, was a Franciscan friar born in Borgo San Sepolcro in what is now Northern Italy in 1446 or 1447.

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The Harrisburg Store has net working capital of $2,715, net fixed assets of $22,407, sales of $31,350, and current liabilities o
Flauer [41]

Answer:

a. $1.08

Explanation:

Total assets include net fixed assets, working capital and current liabilities. Harrisburg Store's total assets are:

A= \$22,407+\$2,715+\$3,908\\A=\$29,030

The total asset turnover is the amount of money worth of sales generated from every $1 in total assets and is given by:

TAT=\frac{sales}{assets}=\frac{\$31,350}{\$29,030} \\TAT = \$1.08

$1.08 worth of sales are generated from every $1 in total assets.

7 0
3 years ago
In the Solow growth model without population growth or technological progress, if investment is greater than depreciation, the c
Nat2105 [25]

Answer:

Increase, increase

Explanation:

The correct answers to the blanks are;

First blank : Increase

Second blank : Increase

The Solow Growth Model is a model used in economics to measure the development in economy considering the changes in the level of output over time as a consequence of changes in the population. It also takes account the investment in economy and then the depreciation involved

This model was presented by Robert Solow an Amercian economist

8 0
3 years ago
Read 2 more answers
Two years ago, Margo deposited $500 into a savings account. One year ago, she deposited an additional $300, and today she deposi
gregori [183]

Answer: none is correct.

Explanation:

Given data:

2 years ago = $500

1 year ago = $300

Today = $800

Solution:

PV ( presents value )

= p * r * t

Where:

p = principal ( $500, $300, $800 )

r = rate = 4%

t = duration (time) ( 2years, 1 year and present ).

= ( $500* 2 * 0.04 ) + ( $300 * 1 * 0.04 ) + $800

= $40 + $12 + $800

= $852

PV = $500 + $300 + $852

= $1,652.

3 0
3 years ago
Nora enters into a contract with Oceanic Transport, Inc., to insure and ship a painting from France to the United States for a c
brilliants [131]
The court system is messed up i dont get what you are asking.

7 0
3 years ago
Johns Company manufactures products R, S, and T from a joint process. The following information is available: Product R S T Tota
Kryger [21]

Answer:

C) $ 80,000 $ 70,000

Explanation:

R = ($48,000/$120,000) x $200,000

=0.4×$200,000

= $80,000

S = $200,000-$50,000-$80,000

= $70,000

Therefore the sales value at split-off for products R is $80,000 and S $70,000

6 0
3 years ago
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