Answer:
Current liabilities $2320000; Long-term Debt, $1740000
Explanation:
Calculation to determine what The proper balance sheet presentation on December 31, 2020, is:
Current Liabilities will be $2320000 of notes payable
Hence,
Current liabilities $2320000
Long -term Debt =$2320000-$580000
Long -term Debt=$1740000
Therefore The proper balance sheet presentation on December 31, 2020, is:
Current liabilities $2320000; Long-term Debt, $1740000
Iron ore, sugar, grains (rice & wheat)
Answer:
c.inadequate enforcement of property rights.
Explanation:
A company that previously provided software moved out of marketing because too many potential consumers bought illegally produced copies of software alternatively of buying the product straight from the company. this instance works as a model of <u>inadequate enforcement of property rights</u>. Basically, property rights remain speculative socially-enforced constructs in commerce for ascertaining how a resource or business asset is utilized as well as occupied.
Answer:
Annual depreciation= $5,000
Explanation:
Giving the following information:
Purchasing price= $33,000
Salvage value= $3,000
Useful life= 6 years
To calculate the depreciation expense under the straight-line method, we need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (33,000 - 3,000)/6
Annual depreciation= $5,000
Answer:
The correct answer is letter "B": You will not have access to Federal student aid, such as scholarships, grants, and loans.
Explanation:
Application to the Free Application for Federal Student Aid (FAFSA) is not mandatory. However, students who do not submit an application <em>will not be provided any financial aid</em> in their studies which implies paying several thousands of dollars more than if approved to the grant.
