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2 years ago

If total assets are $75000 and total liabilities are $25000 the amount of owner's equity is $25000

Business

2 answers:

zhuklara [117]2 years ago

7 0

Answer:

B.False

75000 - 25000 will = 50000 witch is double then 25000

kumpel [21]2 years ago

7 0

Answer:

B false

Explanation:

75000-25000 =50000 then will be double 25000

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Paper Submarine Manufacturing is investigating a lockbox system to reduce its collection time. It has determined the following:

Ostrovityanka [42]

Answer:

-1,185,282.35‬

Explanation:

The average daily collections are the average number of payments times the average value of a payment, so:

Average daily collections = =355 * 945

Average daily collections = $335,475

The present value of the lockbox service is the average daily receipts times the number of days the collection is reduced, so:

PV = (4 day reduction)( $335,475)

PV = $1,341,900‬

The daily cost is a perpetuity. The present value of the cost is the daily cost divided by the daily interest rate. So:

PV of cost = (.3*355)/.00068

PV of cost = $106.5/.00068= $156,617.65

The firm should take the lockbox service. The NPV of the lockbox is the cost plus the present value of the reduction in collection time, so:

NPV = $156,617.65 - 1,341,900

NPV = -1,185,282.35‬

3 0

3 years ago

Read 2 more answers

The great disparity in economic prosperity between north and south korea can best be explained by the _____________.

Diano4ka-milaya [45]

Political and economic system differences

5 0

4 years ago

Daget Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated

Kruka [31]

Answer:

$15.48

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Manufacturing overhead) ÷ (Direct labor-hours)

where,

Manufacturing overhead equals to

= Actual manufacturing overhead + over applied manufacturing overhead

= $362,380 + $9,140

= $371,520

So, the rate is

= $371,520 ÷ 24,000 hours

= $15.48

3 0

3 years ago

Selected transactions from the journal of Larkspur, Inc., are presented below. Date Account Titles and Explanation Debit Credit

marshall27 [118]

Answer:

The requirement of the question is below:

Post the transactions to T accounts. (Post entries in the order displayed in the problem statement.)

The postings of the transactions to t accounts are found in the attached

Explanation:

In doing the post , I have observed strictly the rule of double that the giving account be credited and the receiving account be debited.

Also,this could be done understanding that assets ,expenses and drawings should be debited when they increase and the reverse when there is reduction.

Besides, liabilities,capital and income should be credited when they increase and the reverse for the opposite.

Check the highlighted balances as well and note that the balances are named after the side with balance brought down.

Download xlsx

4 0

3 years ago

According to the _____, the most effective management theory or idea depends on the kinds of problems or situations that manager

german

Answer: The contingency approach

Explanation:

The contingency approach is one of the type of management theory that helps in understanding the various types of principles in an organization and it is also refers as the situational approach.

The main objective of the contingency approach is that it provide manager the different types of ways to give reaction on the given issue and different types of situation.

According to the question, the contingency approach helps in providing the different types of effective ideas to the manager where they facing different types of problems in an organization.

Therefore, contingency approach is the correct answer.

6 0

3 years ago