1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MAVERICK [17]
2 years ago
10

The following financial information is from Bronco Company. All debt is due within one year unless stated otherwise. Retained Ea

rnings $ 64,200 Supplies 39,000 Equipment 73,000 Accounts Receivable 9,400 Deferred Revenue 4,300 Accounts Payable 13,700 Common Stock 24,000 Notes Payable (due in 18 months) 33,000 Interest Payable 5,600 Cash 23,400 What is the amount of current liabilities
Business
1 answer:
Evgen [1.6K]2 years ago
8 0

The amount of current liabilities is $23,600

Current liabilities refers to liabilities of a company that have to be settled in cash within the fiscal year.

The current liabilities here are Deferred revenue, Accounts payable and Interest payable. Note that notes payable are due in more than 12 months, so, these are not a current liability.

Amount of Current Liabilities = Deferred revenue + Accounts payable + Interest payable

Amount of Current Liabilities = $4,300 + $13,700 + $5,600

Amount of Current Liabilities = $23,600

<em>See related question here</em>

<em>brainly.com/question/15723359</em>

You might be interested in
Tyler Toys has beginning inventory for the year of $19,600. During the year, Tyler purchases inventory for $233,000 and has cost
Nimfa-mama [501]

Answer

The correct answer is:

$16,600

Explanation:

The ending inventory is the total value of the inventory at hand, that was not sold for the year. To calculate this, we will subtract the total cost of goods sold from the total purchase. This is shown below:

Beginning inventory =                     $   19,600

Purchased inventory =                     $ 233,000

Total inventory value in the year = $ 252,600

Cost of goods sold = $ 236,000

Therefore, Ending inventory = Total inventory value in the year - Cost of goods sold

= 252,600 - 236,000 = $16,600

8 0
3 years ago
These are four points from a presentation on the Great Depression:
kolezko [41]
c. history of the Great Depression
3 0
2 years ago
On August 1, Ernie wrote to Elsie offering to sell Elsie his car for $7,600, and he promised to hold the offer open for ten days
Daniel [21]

Answer:

Yes, the contract is still valid.

Explanation:

Let us first clarify some terms first.

A contract is referred to as a legally binding agreement that is recognized, known and governs the rights and duties of the parties involved in an agreement. A contract is legally enforceable because it meets the features and approval of the law. An agreement basically involves the exchange of goods, transactions, services, money, or promises. In the case of breach of contract, the law awards the injured party access to legal remedies which include damages and cancellation.

Letter of revocation is an act by which a person having authority, calls back or in other words annuls a power, gift, or benefit, which had been bestowed upon another.

Yes, the contract still holds. This is due to the reason that the letter had a date mentioned on it which is August 4, a day before the contract was accepted even though the revocation letter arrived late.

Therefore, as regards to the date on the letter, the contract is still valid.

3 0
2 years ago
Thursday nights at 8:30 pm, a tv station enjoys a 40 share. at that time the homes using television (hut) level is 65. what is t
Archy [21]
<span>The program rating is 26.

HUT x Share = Rating (HH)
</span>65 x .40 = 26
6 0
3 years ago
Suppose that the # of Employed = 160 million, # of Unemployed = 10 million, and the Adult Civilian Population = 250 million. In
PIT_PIT [208]

Answer:

labor force participation rate = 68%

employment to adult civilian population ratio = 64%

Explanation:

total number of employed people = 160 million

total number of unemployed people = 10 million

total adult population = 250 million

total labor force = 170 million

labor force participation rate = total labor force / total adult population = 170 million / 250 million = 68%

employment to adult civilian population ratio = total number of employed people / total adult population = 160 million / 250 million = 64%

8 0
3 years ago
Other questions:
  • What are six resources for helping you decide what type of business to start and how to start it
    7·1 answer
  • Suppose that you just short sold 100 shares of Quiet Minds stock for $85.00 per share.
    6·1 answer
  • In his work with companies, henry gantt found that workers achieved their best performance levels if they were trained first. tr
    14·1 answer
  • The perfectly competitive firm's short-run supply curve is the Group of answer choices upward-sloping portion of its average tot
    15·1 answer
  • To set up a decision tree, you should Multiple Choice
    8·1 answer
  • As a minority group member, when Naomi interacts with members of the dominant ethnic group in her culture, she is asked insensit
    10·1 answer
  • You see a used sporty car that you would like to own. It costs $9,000 and you would pay 7.2% interest, compounded monthly and fi
    11·1 answer
  • Suppose the current price of a good is $160. At this price, the quantity supplied is 130 units, and the quantity demanded is 55
    15·1 answer
  • Based on your understanding of the impact of macroeconomic factors, identify which of the following statements are true or false
    8·1 answer
  • High-risk or major functions are addressed in the first cycles there by delivering an operational product. Which of the sdlc pro
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!