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tresset_1 [31]
2 years ago
15

se the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $31,226 Accoun

ts receivable 74,596 Accrued liabilities 6,107 Cash 16,106 Intangible assets 37,163 Inventory 77,040 Long-term investments 111,639 Long-term liabilities 77,178 Marketable securities 37,992 Notes payable (short-term) 27,180 Property, plant, and equipment 600,033 Prepaid expenses 1,755 Based on the data for Harding Company, what is the amount of quick assets
Business
1 answer:
Alex777 [14]2 years ago
8 0

Based on the information given the amount of quick assets is $128,694.

Using this formula

Quick assets = Cash + Marketable securities  + Accounts receivable

Where:

Cash=$16,106

Marketable securities=$37,992

Accounts receivable=$74,596

Let plug in the formula

Quick assets =$16,106  + $37,992+ $74,596

Quick assets  = $128,694

Inconclusion the amount of quick assets is $128,694.

Learn more about quick assets here:brainly.com/question/11209470

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A in the expected future exchange rate ______ the demand for u.s. dollars. in the u.s. demand for imports _______ the demand for
KIM [24]

A in the expected future exchange rate increases the demand for u.s. dollars. in the u.s. demand for imports does not change the demand for u.s. dollars.

In economics, demand is the number of goods that consumers are willing to purchase at various prices in a particular location and during a particular period of time. [1] The relationship between price and quantity demanded is also called the demand curve. Demand for a particular item is a function of perceived need, price, perceived quality, convenience, available alternatives, disposable income, buyer preferences, and many other options.

Demand refers to the consumer's willingness to buy and pay for goods and services without hesitation. Simply put, demand is the number of items that customers are willing to purchase at various prices over a period of time.

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8 0
2 years ago
A corporation issued $580000, 10%, 5-year bonds on January 1, 2020 for $626400, which reflects an effective-interest rate of 7%.
ioda

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

For Jan.1,2020 value = $626,400

Interest rate = 7%

So, we can calculate the amount of bond interest expense by using following formula:

Interest Expense = Carrying Value × Market Interest Rate

By putting the value of following

Interest expense = $626,400 × 7%

= $626,400 × 0.07

= $43,838

Hence, the amount of bond interest expense to be recognized on December 31, 2020, is $43,838.

7 0
3 years ago
A firm has $3,600,000 in its common stock account and $36,000,000 in its paid in capital accountThe firm issued 450,000 shares o
butalik [34]

Answer:

the issue price is $88 per share

Explanation:

The computation of the issue price is shown below:

= (Common stock + paid in capital) ÷ (Number of common shares issued)

= ($3,600,000 + $36,000,000) ÷ 450,000 shares

= $39,600,000 ÷ 450,000 shares

= $88 per share

Hence, the issue price is $88 per share

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2 years ago
30 POINTS FOR BEST ANSWER!!!!
pochemuha
I'd definitely use paper products. Firstly they are less expensive than other types. Secondly it would save my factory money. According to usi.edu the construction costs of paper mills designed to use wasted paper is "<span>50 to 80% less than the </span>cost<span> of </span>a <span>mill using new pulp." Thirdly it is renewable because I could plant trees after I cut some down for my factory. </span>
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3 years ago
Prepare the necessary general journal entries for the month of October for Crane Retail for each situation given below. Crane us
harkovskaia [24]

The necessary journal entries for October month are attached below in the image :

<h3>What do you mean by journal entries?</h3>

All company transactions are documented in journal entries. Generally speaking, a transaction is any financial activity that has an effect on a business.

All the necessary journal entries are attached below:

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