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yan [13]
3 years ago
5

A company's balance sheet shows: Cash $36,000, Accounts receivable $23,000, Office equipment $57,000, and Accounts payable $24,0

00. What is the amount of total equity
Business
1 answer:
rjkz [21]3 years ago
3 0

The amount of total equity $92,000

<h3>What is equity?</h3>

Equity is the value left in a company's position, after deducting total liabilities from its total assets.

Equity is computed as :

= Assets - Liabilities

Assets = $23,000 + $57,000 + $36,000

Assets = $116,000

Liabilities = $24,000

Equity = $116,000 - $24,000

Equity = $92,000

Therefore, the amount of total equity is $92,000

Read more here about total equity : brainly.com/question/14032844

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Northland Juices, a division of New York-based Apple &amp; Eve, competes with Ocean Spray in the cranberry juice category. To be
saw5 [17]

Northland Juices, a division of New York-based Apple & Eve, competes with Ocean Spray in the cranberry juice category. To be successful, Northland must create selective demand in order to be selected over competitors.

Explanation:

Selective advertisement for competition requires ads to convince customers of the value of your particular brand advertisement. It varies from primary demand publicity and involves messages supporting the advantages of a special category of goods.

This is achieved using product messages which differentiate the products or services of the firm from everyone else based on their unique advantages or features. In general, specific demand advertisements can be detected by staring at the message's material. If it relies on a particular brand and its benefits, targeted demand is the target.

4 0
3 years ago
Mrs. Jones, an appraiser, is appraising a single family residence for which she has located six comparable properties, all sold
Llana [10]

Available Options are:

1 Cost approach

2 Market data approach

3 Income approach

4 Gross rent multiplier

Answer:

Market data approach

Explanation:

The Market data is more relaible source to finding the home's market value. As in the given scenario, it is evident that the property is not an investment property, hence it is more appropriate to find the asset's value using the market data rather using the rental value to compute the value of the asset.

5 0
3 years ago
Read 2 more answers
Lessee contracts to deliver 50 luxury automobiles to lessor no later than august 15th. on august 1st, lessee delivers the wrong
puteri [66]
<span>Because the initial delivery was made on August 1st and the original agreement was for the delivery to be no later than August 15th, that gives the lessee exactly 14 days to correct the problem and make good on the contract.</span>
3 0
3 years ago
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland New South
Svet_ta [14]

Answer:

1. Quuen Land Division

Margin 6.50%

ROI 11.70%

New South Wale Division Margin

Margin 3.50%

ROI 15.75%

2. New South wale Division

Explanation:

1. Computation for each division's margin, turnover, and return on investment (ROI)

QUUEN LAND DIVISION MARGIN

Using this formula

Margin =Net operating income/Total Sales

Let plug in the formula

Margin =$70,200/ $ 1,080,000

Margin=6.50%

QUUEN LAND DIVISION ROI

First step is to determine the Turnover using this formula

Turnover=Total sales/Average Asset

Let plug in the formula

Turnover= $ 1,080,000 /$600,000

Turnover =1.8 times

Now let determine the ROI using this formula

ROI =Margin * Turnover

Let plug in the formula

ROI=6.50%*1.8

ROI=11.70%

NEW SOUTH WALE DIVISION MARGIN

Margin =$ 83,475 / $ 2,385,000

Margin=3.5%

NEW SOUTH WALE DIVISION ROI

First step is to determine the Turnover using this formula

Turnover=Total sales/Average Asset

Let plug in the formula

Turnover= $ 2,385,000 /$530,000

Turnover =4.5 times

Now let determine the ROI using this formula

ROI =Margin * Turnover

Let plug in the formula

ROI=3.5%*4.5

RO1=15.75%

2. Based on the above calculation the divisional manager that seems to be doing the better job

Is NEW SOUTH WALE DIVISION because the ROI is greater.

3 0
2 years ago
What is insider trading?
siniylev [52]
<span>the illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.
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3 years ago
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