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Gravano Engineering co has the following items appearing in its statement of financial position at the year end:

professor190 [17]

Based on the items appearing in Gravano Engineering's Statement of Financial Position at the year-end, the totals for the following are:

1. Non-current Assets = $192,000

2. Current Assets = $64,000

<h3>What is a Statement of Financial Position?</h3>

A Statement of Financial Position is a financial statement that shows an entity's assets, liabilities, and equity.

Assets are items owned by an individual or entity that generate current, future, or potential economic benefits.

Liabilities are financial obligations that an individual or entity owes creditors.

Equity is the difference between assets and liabilities, which refers to the financial benefits accruing to the stockholders.

<h3>Data and Calculations:</h3>

1. Trade payables $39,000

2. Cash at bank 14,000

3. Motor vans 25,000

4. Inventories 7,000

5. Bank overdraft 13,000

6. Property 96,000

7. Trade receivables 43,000

8. Plant and equipment 26,000

9. Trademarks 28,000

10. Fixtures and fittings 17,000

11. Mortgage on property 45,000

<h3>Current Assets:</h3>

2. Cash at bank 14,000

4. Inventories 7,000

7. Trade receivables 43,000

Total current assets = $64,000

<h3>Non-Current Assets:</h3>

3. Motor vans 25,000

6. Property 96,000

8. Plant and equipment 26,000

9. Trademarks 28,000

10. Fixtures and fittings 17,000

Total non-current assets = $192,000

Thus, the total non-current assets are $192,000 and the current assets total $64,000.

Learn more about current and non-current assets at brainly.com/question/24147620

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3 0

1 year ago

Can somebody help me? Thanks!

ICE Princess25 [194]

Answer: both our A

Step-by-step explanation:

8 0

3 years ago

Please help me out!!!!

svetoff [14.1K]

Answer:

b= 70

Step-by-step explanation:

The sum of the opposite interior angles of a triangle is equal to exterior angle.

a+b = 140

We know that a = b since PQ = RQ The angles opposite the equal sides in an isosceles triangle are equal

b+b = 140

2b =140

Divide by 2

2b/2 =140/2

b= 70

6 0

3 years ago

PLEASE HELP SUPER FAST WORTH ALOT OF POINTS

lutik1710 [3]

Answer:

1) 78.87%

2) 99.7%

Step-by-step explanation:

The z-score for a normal distribution is given by:

$z=\frac{X-\mu}{\sigma}$

1- The given data is:

σ = 4 years

μ = 50 years

For X = 45 and X =55

$z_1=\frac{45-50}{4}\\z_1=-1.25\\z_2=\frac{55-50}{4}\\z_2=1.25$

A z-score of -1.25 corresponds to the 10.57th percentile of a normal distribution, while a z-score of 1.25 is equivalent to the 89.44th percentile.

Therefore, the percentage of the alligators are between 45 and 55 years old is:

$P=89.44-10.57=78.87\%$

78.87% of alligators.

2- The given data is:

σ = 2 minutes

μ = 17 minutes

For X = 11 and X =23

$z_1=\frac{11-17}{2}\\z_1=-3\\z_2=\frac{23-17}{2}\\z_2=3$

A z-score of -3.0 corresponds to the 0.135th percentile of a normal distribution, while a z-score of 3.0 is equivalent to the 99.865th percentile.

Therefore, the percentage of people that should be seen by the doctor between 11 and 23 minutes is:

$P=99.865-.0135=99.73\%$

99.7% of people.

3 0

3 years ago

1. Yolanda has a 30%-off coupon from her favorite clothing store. She wants to buy a coat that regularly costs $85.40 How much w

Anit [1.1K]

Answer:

59.78

Step-by-step explanation:

Lol I use the calculator and find the cost of 30 of 85.40 than the number of the percent is 25.62 so I subtract them both and got 59.78 as an answer hope this help

6 0

3 years ago

Help me See the picture I’m giving brainliest