Answer:
$178,000
Explanation:
Calculation for How much debt to achieve the target debt ratio
First step is to find the Target amount of debt using this formula
Target amount of debt =Target debt percentage ×Total assets
Let plug in the formula
Target amount of debt =55%× $660,000
Target amount of debt=$363,000
Second step is to calculate for the Change in the amount of debt outstanding using this formula
Change in amount of debt outstanding = Target debt -Old debt
Let plug in the formula
Change in amount of debt outstanding =$363,00-$185,000
Change in amount of debt outstanding =$178,000
Therefore How much debt to achieve the target debt ratio will be $178,000
Answer:
$31,200
Explanation:
Cash basis income recognition records transactions as per receipts and payments in cash and ignores the period they relate to. Cash basis of accounting is not in accordance with matching principle of accounting.
Cash basis of accounting is not recommended by either IFRS or US GAAPs since it overlooks the incomes earned and expenses incurred during a period.
In the given case, Net Income based upon cash basis would be computed as follows:
All cash receipts during the year 2019 - All expenses paid during the year 2019
= 105,000 - 73,800
= $31,200
Small and mid-size enterprises are businesses that maintain revenues, assets or a number of employees below a certain threshold. Each country has its own definition of what constitutes a small and medium-sized enterprise Certain size criteria must be met and occasionally the industry in which the company operates in is taken into account as well.
Answer:
Expenditures $600,000; Supplies inventory $200,000
Explanation:
Expenditures $600,000; Supplies inventory $200,000
Purchased supplies for use - Part of the supplies used.
$600,000-$400,000=$200,000
If at the beginning of the year the city had no supplies on hand in which it purchased $600,000 of supplies for use by activities accounted for in the general fund that means city used $400,000 out of the $600,000 of those supplies during the year in which the balance left of those supplies is $200,000 which will be the supplies inventory while the Purchased supplies for use of $600,000 will be the expenditure .
Mainly because your giving you co-workers an opurtunity to *shine* lol.
Anyway its just respect i mean its the golden rule we all learned in kindergarten...treat ppl how u wanna be treated right? ;p
The more respect a person gives at work the more he will be repected AND a lower chance of getting fired and a higher one of getting promoted.
And check your email!!!!!!
Hope this helped!!!
~Mia