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Based on the financial details given, the total amount of current liabilities on xyz company's 12/31/x1 classified balance sheet is $22,600.
<h3>What are the total current liabilities?</h3>The current liabilities can be found by the formula:
= Accounts Payable + Salaries Payable + Interest Payable + Utilities Payable
As the above are all the current liabilities to XYZ company, the current liabilities are:
= 11,300 + 2,500 + 1,900 + 6,900
= $22,600
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Answer:
Step-by-step explanation:
Hi student, let me help you out!
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First, let's recall the slope formula: , where y2 and y1 are y-coordinates; x2 and x1 are x-coordinates.
Plugin the values: .
Upon simplifying, we obtain .
Upon simplifying this further, we obtain .
0 divided by anything results in 0.
✨ ∴, the slope of this particular line is 0, and this line looks something like this: .
See, it's a horizontal line, with a rise of 0, meaning that it goes up 0 units.
Hope this helped you out! Ask in comments if even the slightest queries arise.
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