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1 year ago

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

Business

2 answers:

zhuklara [117]1 year ago

7 0

Answer:

B.False

75000 - 25000 will = 50000 witch is double then 25000

kumpel [21]1 year ago

7 0

Answer:

B false

Explanation:

75000-25000 =50000 then will be double 25000

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Elaine is upset with her group members because she wanted to lead the group but is not allowed to. She found that other group me

AnnyKZ [126]

Using Tuckman’s stages of group development, we know that Elaine’s group is going through a stage called storming.

In this stage of group development, aside from having difficulties in adjusting to their roles, Elaine’s group and group members would also experience disagreements regarding priorities, tensions between one another, hostility with each other, and there would also be cliques forming inside the group.

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2 years ago

1. Collecting Information to Compose Messages Before beginning to compose a successful business message, you need to collect nec

castortr0y [4]

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2 years ago

Molly's auto detailers maintains its records on the cash basis. During 2018, molly's collected $72,800 from customers and paid $

igor_vitrenko [27]

Accrued Net Income will be calculated as below:

Sales $72800

Less Expenses $20400

Cash Income $52400

Less: Depreciation $4900

Add: Accounts Receivable Inc $4500

Less: Reduction in Prepaid Exp $1900

Add: Reduction in Acc Liab $1700

Accrued Income $51800

Depreciation will be reduced as its an expense and all expenses will be reduced.

Increase in Accounts Recievables indicate there have been sales which have not been paid for yet, thus sales will increase and this needs to be added

Reduction in Prepaid Expenses refer to expenses being paid off earlier but now need to be recognised, thus these need to be added to expenses

Reduction in accrued liabilitites indicate that expenses of previous period have been paid off now thus those need to be reduced from cash expenses.

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2 years ago

Haskins Company employs material handling employees who move materials between production divisions at a labor cost of $360,000

Marianna [84]

Answer:

correct option is a. $36,000

Explanation:

given data

labor cost = $360,000

move material per year = 600,000 pounds

to find out

material handling cost

solution

we find here first Labor Cost per pound of material that is express as

Labor Cost per pound of material = Labor Cost ÷ Number of Pounds of material .......................1

Labor Cost per pound of material = $\frac{360000}{600000}$

Labor Cost per pound of material = $ .6 per pound of material

=360000/600000= $0.6 per pound of material

so we can say that 60000 pounds are moved in March so cost will be

60000 pounds are move cost = 60000 × $0.6

60000 pounds are move cost = $36000

so correct option is a. $36,000

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2 years ago

Ginny Trueblood is considering an investment which will cost her $120,000. The investment produces no cash flows for the first y

velikii [3]

Answer:

The project should be rejected as the payback period of 3.97 years exceeds the required 3 years. So, the correct option is E

Explanation:

The table showing the discounted cash flows of each year:

Computing discounted payback as:

Discounted Payback = Number of years + (Initial Cost - Discounted Cash flow of year 1 + Discounted Cash flow of year 2 + Discounted Cash flow of year 3 / Discounted Cash flow of year 4)

= 3 + ($120,000 - $0 - $28,925.62 - $41,322.31 / $51,226.01)

= 3 + ($49,752.07 / $51,226.01)

= 3 + 0.97

= 3.97

Working Note:

Discounted Cash Flow is computed as:

Discounted cash flow = Cash Flow / (1 + r) ^ n

where

r is rate of return that is 10%

n is number of year

So,

For 1st year:

= $0 / (1 + 0.1) ^1

= $0

For 2nd year:

= $35,000 / (1 + 0.1) ^ 2

= $35,000 / 1.21

= $28,925.61

For 3rd year:

= $55,000 / (1 + 0.1) ^ 3

= $55,000 / 1.331

= $41,322.31

For 4th year:

= $75,000 / (1 + 0.1) ^ 4

= $75,000 / 1.4641

= $51,226.01

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2 years ago