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2 years ago

Freeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee points

Business

2 answers:

jek_recluse [69]2 years ago

8 0

Answer:

thanksss

Explanation:

:DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD

muminat2 years ago

5 0

Answer:

thx lol

Explanation:

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At the beginning of 20x1, Sun Angel Corporation began offering a two-year warranty on its products. The warranty program was exp

Anettt [7]

Answer:

The correct answer is 1,900,000 dollars.

Explanation:

This question requires us to calculate the amount that the Sun angel will recognize as warrantly liability in it balance sheet for the year ended at 20x1.

The sales made during the year is 180 millions dollars. So the company will recognize the provision as follow (during the year)

(180M * 4%= 7.2M)

Debit Warrantly Expense $7.2M

Credit Liability $7.2M

Claim entertain during the year that has reduce the above recognize liabilty is

Debit Liabilty $5.3M

Credit Cash $5.3M

Liability to be reported = $7.2M - $5.3M = 1,900,000 dollars

6 0

3 years ago

When the price of a good is $5, the quantity demanded is 120 units per month; when the price is $7, the quantity demanded is 100

Gre4nikov [31]

Price elasticity can be calculated using the attached formula where:
the first term represents the % change in quantity and the second term represents the % change in price

% change in quantity = (100-120) / (220/2) = -2/11 x 100 = -18.1818%
% change in price = (7-5) / (12/2) = 33.3333%

price elasticity = 18.1818/33.3333 = 0.55

Note that the price elasticity is usually taken as an absolute value.

6 0

3 years ago

During the month of February, Rubio Services had cash receipts of $7,900 and cash disbursements of $9,400. The February 28 cash

Nana76 [90]

Answer:

The begining cash balance = $4100

Explanation:

Given:

Cash receipts = $7900, Cash disbursements = $ 9400, Ending cash balance = $2600.

<u>To find out the cash balance at the begining of the month, the following is to be used </u>

Begining Cash balance = Ending cash balance + cash disbursements - cash receipts

Putting the given figures in this we get,

Begining Cash balance = $2600 + $9400 - $7900

= $4100

7 0

2 years ago

F a taxpayer offers you a $20 bill because they were so happy about the quality service they received, what would be the appropr

BlackZzzverrR [31]

The appropriate action would be: C. <span>Thank the taxpayer, and explain that you cannot accept any payment for your services.
Government workers couldn't receive cash payment in any kind unless there is a necessary administrative purpose.
They could on the other hand, receives Gifts that held the value less than $ 20</span>

6 0

3 years ago

Read 2 more answers

Orem Corporation's current liabilities are $116,160, its long-term liabilities are $474,240, and its working capital is $162,600

jekas [21]

Answer:

Total long-term assets must equal: d $2,771,640

Explanation:

Orem Corporation's Total Debt (liabilities) = current liabilities + long-term liabilities = $116,160 + $474,240 = $590,400

Debt-to-equity ratio = Total Debt/Total Equity

Total Equity = Total Debt/Debt-to-equity ratio = $590,400/0.24 = $2,460,000

Working capital = Current assets - Current abilities

Current assets = Working capital + Current abilities = $162,600 + $116,160 = $278,760

Basing accounting equation:

Total assets = Current assets + Long-term assets = Total liabilities + Total Equity = $590,400 + $2,460,000 = $3,050,400

Long-term assets = Total assets - Current assets = $3,050,400 - $278,760 = $2,771,640

7 0

3 years ago