Answer:
d.Assets $40,000; liabilities $55,000
Explanation:
Insolvent: When the person is not able to pay its debts. The maximum money will be recovered from his estates as the person is not in the position to pay its dues.
From the above options, option d is the most appropriate option as the liabilities consisted of a large amount whereas the asset values are of less amount.
Answer:
Explanation:
We would plug the following values in a financial calculator in order to compute the future value,
N = 25
I/Y = = r = 8
PMT = 5440
PV = 0
Fv = ??
FV = PMT x (1 + r )( 
)
https://www.calculator.net/finance-calculator.html?ctype=endamount&ctargetamountv=1000000&cyearsv=25&cstartingprinciplev=0&cinterestratev=8&ccontributeamountv=5440&ciadditionat1=beginning&printit=0&x=0&y=0
^ Using the financial calculator, FV = $429,512
Return on assets is equal to<u> </u><u>a.</u><u> profit margin times asset turnover.</u>
An asset is a resource with a financial fee that a man or woman, enterprise, or country owns or controls with the expectancy that it will provide a destiny benefit. belongings are said on an employer's stability sheet. They're offered or created to increase a firm's fee or gain the firm's operations.
Despite all that in mind, an automobile is an asset due to the fact you may speedy advertise and convert it to coins, albeit for less than what you paid. That alone makes it an asset via definition. It is those added expenses and the steady decline in cost that make a car a depreciating asset.
Suitable properties are gadgets you could spend money on a good way to produce earnings for you like stocks, rental homes, actual property crowdfunding initiatives, and a web enterprise. these also can respect in cost overtime except producing money for you.
Learn more about assets here brainly.com/question/25746199
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Answer:
a. True
Explanation:
When an asset is purchased with Cash, the entries are debit to fixed assets and credit to cash. Depreciation is not recognized until the asset has been put to use.
To determine net income, depreciation and amortization expenses are deducted as expenses from the revenue.
Hence in the determination of Cash flows from operating expenses, such non-cash items that were deducted will be added back.
Answer:
- The medians for the summer months of June, July, August, and September are higher than for the other months.
Explanation:
The statement prescribing 'the medians within the months of summer June, July, August, and September are higher in comparison for the other months' correctly describes the halfway for the boxplots. This displays that the precipitation during these months due were higher due to the high temperature and intense water cycle.
