Calculate current liabilities Sales Revenue $25,000 Accounts Payable $1,200 Accounts Receivable $2,600 Inventory $3,200 Supplies $300 Cost of Goods Sold $16,000 Notes Payable (due in 2 years) $24,000 Equipment $40,000 Accumulated Depreciation $12,000 Land $30,000 Unearned Revenue $1,100 Taxes Payable $1,400 Prepaid Rent (3 months) $2,100 Cash $5,200

Answers

Answer 1

Answer:

$3,700

Explanation:

Calculation for the current liabilities

CURRENT LIABILITIES

Account Payables $1,200

Unearned revenues $1,100

Taxes Payable $1,400

Total current liabilities $3,700

Therefore the Total current liabilities is $3,700


Related Questions

Health and Wealth Company is financed entirely by common stock that is priced to offer a 18% expected return. If the company repurchases 30% of the common stock and substitutes an equal value of debt yielding 8%, what is the expected return on the common stock after refinancing?

Answers

Answer:

The expected return is 22.29%

Explanation:

The computation of the expected return on the common stock after refinancing is shown below:

= Expected return + (Debt ÷ Equity) × (Expected return - debt yield)

= 18% + (0.30 ÷ 0.70) × (18% - 8%)

= 18% + (0.30 ÷ 0.70) × 10%

= 22.29%

Hence, the expected return is 22.29%

We simply applied the above formula

Barry often works outdoors, where he measures property boundaries for various clients. He also analyzes the land to determine whether it can be safely built on. His job is best described as SURVEYOR Lois works in an office and comes up with ideas for how to design and structure office buildings. She often uses computer programs to create drawings and models. Then she hands the building plans to other workers, who create more detailed drawings. Her job is best described as ARCHITECT Marvin works in an office drawing maps for bridges, highways, and roads. His job is best described as CIVIL DRAFTER

Answers

Answer:

Barry is a land surveyor, you forgot one word there.

Lois is probably an architect since her job involves designing and planing houses, buildings and other structures.

Marvin is probably a graphic designer since his job involves drawing maps, so it is closely related with design. A civil drafter is someone who performs calculations, cost estimates, reports and they also draw plans but their job is more related to engineering or construction, rather than design.

Answer:

A. Surveyor  B. Architect   C. Civil drafter

Explanation:

Correct on edg 2020

You are working in retail and you see a coworker taking from the cash register or
overcharging a customer and pocketing (stealing ) the rest. Do you report them?​

Answers

Yes. I would because that 1. is illegal to be stealing and overcharging. I would talk with you’re manager about it

It is ideal to report or make a complaint regarding overcharging a customer and self-pocketing the extra amount.

What is a report?

In crisp and simple terms, a report is like a complaint or an appeal made with the superior authorities regarding any wrongdoings or illegal activities that a person witnesses or experiences.

Overcharging the customers by a cash receptionist is an illegal act and a due report must be made to the manager or the business owner and also to the relevant lawful authorities.

Hence, the significance of a report is aforementioned.

Learn more about a report here:

https://brainly.com/question/2072971

#SPJ2

What amount will be paid in full settlement of Invoice 22384, assuming that credit for returns and allowances was received prior to payment and that the invoice was paid within the discount period. Inv. No. Merchandise Freight Paid by Seller Freight Terms Returns and Allowances 22384 $4,500 $140 FOB Shipping Point, 2/10, net 30 $1,200

Answers

Answer: $3374

Explanation:

Merchandise = $4500

Less: Return and allowance = $1200

Less: Discount rate at 2% = $66

Add: Freight paid by seller = $140

The amount that will be paid in full settlement of Invoice will be:

= $4500 - $1200 - $66 + $140

= $3374

Note:

Discount rate was calculated as:

= 2% × ($4500 - $1200)

= 2% × $3300

= 0.02 × $3300

= $66

The quantity demanded of ground beef increased from 3,550 to 3,650 when the price of hamburger buns decreased from $1.65 to $1.15. Calculate the cross-price elasticity of demand for hamburger buns. Include a minus sign if elasticity is a negative number. Round your answer to the nearest hundredth.

Answers

Answer:

the cross price elasticity of demand is -0.08

Explanation:

The computation of the cross elasticity of demand is shown below:

As we know that

= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)  

where,  

Change in quantity demanded is

= Q2 - Q1

= 3,650 - 3,550

= 100

And, average of quantity demanded is

= (3650 + 3,550) ÷ 2

= 3,600

Change in price is

= P2 - P1

= $1.15 - 1.65

= - 0.5

And, average of price would be

= ($1.15 + $1.65) ÷ 2

= 1.4

So, after solving this, the cross price elasticity of demand is -0.08

if i move will my IP address change??

Answers

yeah your up will change

Answer:

yes it will change.

Explanation:

The inventory control tool that does not require direct line of sight to read the tag on a product(s), is known as

Answers

Answer: RFID reader

Explanation:

The inventory control tool that does not require direct line of sight to read the tag on a product(s), is known as Radio Frequency Identification (RFID) reader.

When an information is being stored in a Radio Frequency Identification (RFID) tag, it should be noted that a direct line of sight is not required for the information to be read by a RFID reader.

The inventory control tools is known as Radio-frequency identification.

The s Radio-frequency identification.tags transmit data about an item through radio waves to the antenna or reader combination.

Basically, when an information of a product is being stored in the RFID tag, the data will be transmit to the server without having to be in direct line of sight with the items.

Therefore, the RFID tags are frequently used for the control of merchandise inventory.

Learn morre about RFID here

brainly.com/question/5496045

________ affords the marketing manager an opportunity to develop a rational pricing strategy across acomplete line of related items.

Answers

Answer: product line pricing

Explanation:

Product line pricing affords the marketing manager an opportunity to develop a rational pricing strategy across acomplete line of related items.

Product line pricing simply means when goods and services provided by a particular company or business are being separated into different cost or prices categories so that the consumers will have a mindset that the prices and costs represents the quality of the products.

This strategy is used to generate more profit to the company and to encourage customers to purchase the costlier products.

The current​ zero-coupon yield curve for​ risk-free bonds is as​ follows: LOADING.... What is the price per face value of a​ two-year, zero-coupon,​ risk-free bond?

Answers

Answer:

$89.86

Explanation:

Calculation for the face value of a two year, zero-coupon risk-free bond

Using this formula

P=FV/(1+YTM)^n

Where,

FV represent the face value of $100

YTM represent the Yield to Maturity=5.49%

n represent the number of maturity year= 2 years

Let plug in the formula

P=100/(1+0.0549)^2

P=100/(1.0549)^2

P=100/1.11281401

P=$89.86

Therefore the price of a​ two-year, zero-coupon,​ risk-free bond will be $89.86

The arrangement that manages projects within the existing organizational structure is __________ organization

Answers

Answer:

Functional Organization

Explanation:

The arrangement that manages projects within the existing organizational structure is Functional organization.

Features of Functional Organization

a. The entire organizational activities are divided into specific functions such as operations, finance, marketing and personal relations.

b. Complex form of administrative organization compared to the other two.

c. Three authorities exist- Line, staff and function.

d. Each functional area is put under the charge of functional specialists and he has got the authority to give all decisions regarding the function whenever the function is performed throughout the enterprise.

e. Principle of unity of command does not apply to such organization as it is present in line organization.

1. Calculate ending inventory and cost of goods sold at March 31, using the specific identification method.

Answers

Answer:

Too much information is missing, so I looked for a similar question that can hopefully serve as an example:

Hemming uses a periodic inventory system. Assume that ending inventory is consists of 45 units from the March 14 purchase, 85 units from the July 30 purchase, and all 185 units from the October 26 purchase. Using the specific identification method, calculate the (a) the cost of goods sold and (b) the gross profit.

Cost of goods sold (COGS) = $20,999 Gross profit = $27,175 Value of ending inventory = $8,071

In total 1,425 units were purchased or remained from last year's ending inventory. Total cost of the 1,425 units was $29,070.

The company sold in total 1,110 units at $43.30 per unit for a total of $48,174.

the ending inventory using the specific identification method:

45 units x $18.40 = $828 85 units x $23.40 = $1,989 185 units x $28.40 = $5,254 total value of ending inventory = $8,071

Cost of goods sold (COGS) = total inventory cost - ending inventory = $29,070 - $8,071 = $20,999

gross profit = total revenue - COGS = $48,174 - $20,999 = $27,175

McConnell Corporation has bonds on the market with 22.5 years to maturity, a YTM of 6.9 percent, a par value of $1,000, and a current price of $1,057. The bonds make semiannual payments. What must the coupon rate be on these bonds

Answers

Answer:

7.40%

Explanation:

The coupon rate of the bond can be calculated as follows

Formula: [tex]p= C * \frac{1 - \frac{1}{(1 + i)^{n}}}{i} + \frac{M}{(1 + i)^{n}}[/tex]

DATA

M = $1000

n = 22.5 *2 =45 semi-annual periods,

i = 6.9%/2 = 3.45% (semi-annually)

P = $1,057

Solution

1057 =[tex]C * \frac{1 - \frac{1}{(1 + 0.0345)^{45}}}{0.0345} + \frac{1000}{(1 + 0.0345)^{45}}[/tex]

1057 = C * 22.69 + 217.33

839.67 + C * 22.69

C = $37.01        This is a semi-annual coupon

Annual Coupon = 2 * $37.01 = $74.02

Annual Coupon Rate = 7.40%

The sportswear department had an opening inventory of $95,000 at cost with a markup of 45.5% on March 1. During the month, the buyer for the department purchased additional merchandise with a retail value of $50,000 with a 48% markup. Calculate the cumulative markup percent for March.

Answers

Answer:

46.16%

Explanation:

cost of opening inventory = $95,000

markup of the opening inventory = $95,000 x 45.5% = $43,225

the cost of the the month's purchase:

0.48 = ($50,000 - C)/C

0.48C = $50,000 - C

1.48C = $50,000

C = $50,000/1.48 = $33,784

markup of month's purchase = $50,000 -$33,784 = $16,216

cost of the total inventory = $95,000 + $33,784 = $128,784

total markup = $43,225 + $16,216 = $59,441

cumulative markup = $59,441 / $128,784 = 0.4616 = 46.16%

1. People who own more cars tend to live longer than people who own fewer cars. Why is this relationship not evidence that buying more cars increases life expectancy

Answers

Answer:

Car & Life Expectancy positive relationship is not evident, as its due to an interlinking lurking variable ie buyer's affluence.

Explanation:

More cars linked to higher life expectancy, positive correlation between these variables is a spurious correlation. Spurious relationship is a relationship between variables, that appears to be true, when it is actually false.

Given variables' correlation is spurious, as it is not logically correct (evident). It seems to be misleading correct because of a lurking variable, buyer's affluence. Lurking variable affects both independent (causal) & dependent (affected) variable, which creates a statistical illusion of variables' correlation.

In this case, affluence being lurking variable affects both number of cars owned & life expectancy. This seemingly creates a correlation between the non evidently linked variables as 'cars & life expectancy having positive relationship'

A series of equal periodic payments that starts more than one period after the agreement is called: Multiple Choice An annuity due. An ordinary annuity. A future annuity. A deferred annuity.

Answers

Answer:

A deferred annuity.

Explanation:

A deferred annuity is the contract done with the insurance company in which the promise is made with respect to the amount paid to the owner as a regular income or a lump sum amount for some future date

Therefore in the given case, the last option is correct and the same is to be considered

All the other options are wrong

Determine the amounts Red Rock should record in the separate accounts for the land, the building, and the equipment.

Answers

Answer:

Land $120,000

Building$240,000

Equipment$40,000

Explanation:

Calculation to Determine the amounts Red Rock should record in the separate accounts for the land, the building, and the equipment.

Asset , Estimated fair value, Allocated percentage, Amount paid , Record amount

Land 150,000 30% $400,000 $120,000

Building 300,000 60% $400,000 $240,000

Equipment 50,000 10% $400,000 $40,000

Total 500,000

RECORDED AMOUNT

Land $120,000

Building$240,000

Equipment$40,000

Total $400,000

Calculation for Allocated percentage

Land: 150,000/500,000= 30%

Building 300,000 /500,000 = 60%

Equipment 50,000 /500,000 = 10%

Therefore the amounts Red Rock should record in the separate accounts for the land, the building, and the equipment are:

Land $120,000

Building$240,000

Equipment$40,000

Imagine a machine takes 50 minutes to complete one unit on a production line. Of the 50 minutes, 40 minutes was actual productive utilization. For 10 minutes the resource was idle, needing to pause and wait for other processes to finish during the production. What is the average labor utilization (round to the nearest %)

Answers

Answer:

80%

Explanation:

the average labor utilization rate is calculated by dividing total labor time applied by the addition of total labor time applied plus idle time. In this case, total labor time applied is 40 minutes and idle time is 10 minutes:

average labor utilization rate = 40 minutes / (40 + 10 minutes) = 40 / 50 = 0.8 = 80%

K.J. Lee, CFA, an analyst with Water's Edge Securities, estimates the market risk premium is 6.80% and the risk-free rate is 2.10%. She's calculated the beta for Summerfield Tech as 0.94, and she estimates the expected return is:

Answers

Answer:

The Expected return is 8.492%

Explanation:

The computation of the expected return is shown below:

Expected return is

= Risk free rate + Beta × market risk premium

= 2.10% + 0.94 × 6.80%

= 2.10% + 6.392%

= 8.492%

Hence, the Expected return is 8.492%

We simply applied the above formula

and, the same is to be considered

By considering all the information given in the question

What three main categories of costs are considered in figuring the total cost of ownership? (Select all that apply.

Answers

what are the answer choices ?

Reliability is often included in service level agreements (SLAs) when an organization is outsourcing. The toughest thing is to decide how much reliability is enough. Consider the objective of availability or uptime. What is the difference between 95%, 99%, 99.99%, and 99.9999% availability?

Answers

Answer:

95% reliability = 18.25 days

99% reliability= 3.65 days

99.99% reliability= 0.0365 days

99.9999% reliability= 0.000365 days

Explanation:

1. Calculation for 95% reliability

Using this formula

95% Reliability=Worse percentage*Numbers of days

Let plug in the formula

95% Reliability=(100%-95%)*365

95% Reliability=5%*365

95% Reliability=18.25 days

2. Calculation for 99% reliability

Using this formula

99% Reliability=Worse percentage*Numbers of days

Let plug in the formula

99% Reliability=(100%-99%)*365

99% Reliability=1%*365

99% Reliability=3.65 days

3. Calculation for 99.99% reliability

Using this formula

99.99% Reliability=Worse percentage*Numbers of days

Let plug in the formula

99.99% Reliability=(100%-99.99%)*365

99.99% Reliability=0.01%*365

99.99% Reliability=0.0365 days

4. Calculation for 99.9999% reliability

Using this formula

99.9999% Reliability=Worse percentage*Numbers of days

Let plug in the formula

99.9999% Reliability=(100%-99.9999%)*365

99.9999% Reliability=0.0001%*365

99.9999% Reliability=0.000365 days

Therefore the difference between 95%, 99%, 99.99%, and 99.9999% are :

95% reliability = 18.25 days

99% reliability= 3.65 days

99.99% reliability=0.0365 days

99.9999% reliability= 0.000365 days

According to the assumptions of the quantity theory of money, if the money supply increases by 5 percent, then a. nominal and real GDP would rise by 5 percent. b. neither nominal GDP nor real GDP would change. c. nominal GDP would rise by 5 percent; real GDP would be unchanged. d. nominal GDP would be unchanged; real GDP would rise by 5 percent.

Answers

Answer:

c. nominal GDP would rise by 5 percent; real GDP would be unchanged.

Explanation:

According to the quantity theory of money, the price level in an economy is directly related to the amount of money circulating in that economy.

If the money supply increases by 5 percent, what this will cause is an increase in the general price level of the economy, in other words, inflation, leading to a similar rise in nominal GDP, but leaving real GDP unchanged, since GDP is based on a constant year prices, unless the actual production of goods and services also increases, in which case, it would not necessarily increase by exactly 5 percent.

Shelia purchases $50,000 of newly issued Gingo Corporation bonds for $45,000. The bonds have original issue discount (OID) of $5,000. After Shelia amortized $2,300 of OID and held the bonds for four years, she sold the bonds for $48,000. What is the amount and character of her gain or loss

Answers

Answer: $700

Explanation:

To solve the question, first, we have to calculate the adjusted basis of the bond and this will be the addition of the issued price and the ammortized bond. Therefore, adjusted basis will be:

= $45,000 + $2,300

= $47,300

Then, we will calculate the gain that's gotten on the bond sale. This will be the difference between the sales price and the computed adjusted basis.

= $48,000 - $47,300

= $700

20 years ago, a certain part cost $175. The cost index was 103 and now the index is 320. What cost below is closest to the estimated current cost for the item? Group of answer choices

Answers

Answer:

The estimated current cost for the item is $544

Explanation:

The computation of the estimated current cost for the item is shown below:

= Cost index in present ÷ Previous cost index × cost of certain part

= 320 ÷ 103 × $175

= $544

Hence, the estimated current cost for the item is $544

The same is to be considered

We simply applied the above formula so that the estimated current cost could come

A stock will have a loss of 11.5% in a bad economy, a return of 11.3% in a normal economy, and a return of 31% in a hot economy. There is a 29% probability of a bad economy, a 32% probability of a normal economy and a 39% probability of a hot economy. What is the variance of the stock's returns

Answers

Answer:

Variance = 0.030096 or 3.0096% rounded off to 3.01%

Explanation:

To calculate the variance of the stock's returns, we first need to calculate the expected return on the stock. The expected return on the stock can be calculated by multiplying the stock return in each scenario by the probability of that scenario and taking a sum of the answers for each scenario.

Expected return of stock rE=  pA * rA  +  pB * rB  + ... + pN * rN

Where,

p represents the probability of each scenarior represents the return under each scenario

Expected return of stock rE = 0.29 * -0.115  +  0.32 * 0.113  +  0.39 * 0.31

Expected return of stock rE = 0.12371 or 12.371%

Variance = ∑ p * (r - rE)²

Variance = 0.29 * (-0.115 - 0.12371)^2  +  0.32 * (0.113 - 0.12371)^2  +  

0.39 * (0.31 - 0.12371)^2

Variance = 0.030096 or 3.0096% rounded off to 3.01%

Rates on fixed, floating, installment and mortgage loans were reduced by 0.3 percent (from 9.3% to 9.0% etc.). Which were impacted the most

Answers

Answer:

This depends on the type of interest charged and the length of the loan. Generally speaking, floating loans should adjust semi-automatically to changes in interest rates. So any change affects them directly.

On the other hand, fixed rate loans, most mortgages and installment loans generally carry a fixed interest rate that doesn't depend on the market interest rate. Some mortgages (around 33% of total) are variable rate mortgages that are affected by changes in the market interest rate, but they adjust on a yearly basis.

Why does Canadian Pacific want to acquire Norfolk Southern? Do you believe there is a compelling economic rationale for the merger?

Answers

Answer:

Drawing inferences from the Case Study "CANADIAN PACIFIC (CP) BID'S FOR NORFOLK SOUTHERN (NS)"

It is explicitly stated in paragraph 3 that the CP believes that the merger would be beneficial to the rail transport industry as it would help meet growing demands in the sector.

Also, in the twelfth paragraph, CP states that the industry stakeholders are demanding a "strong, healthy and high performing rail system". He indicates that the merger would bring about the needed change.

According to the Justice Department, the proposal is structured in such a way that it limits the independence of NS. It also appears that CP is pushing too hard because at the time of these events, the Surface Trasportation Board was yet to complete its reveiw of the proposal.

It is safe therefore to say that CP wants to acquire NS to expand their market share. There is no affirmation in the casestudy from a thirdparty to  CP about the potential benefits of the merger.

Therefoe there is no compelling economic rationale to the public for the proposed expansion.

Cheers

Answer:

jtlyn ns already owns cn

Explanation:

Last year, you earned a nominal rate of return of 6.92 percent on your bond investments. During that time, the inflation rate was 2.74 percent. How much did your purchasing power increase (real rate)

Answers

Answer:

Real rate of return=  0.0418 = 4.18%

Explanation:

Giving the following information:

Nominal rate of return= 6.92%

Inflation rate= 2.74%

The inflation rate decreases the purchasing power of nominal money.

To calculate the real rate of return, we need to use the following formula:

Real rate of return= nominal rare of return - inflation rate

Real rate of return= 0.0692 - 0.0274

Real rate of return=  0.0418 = 4.18%

Paper Express Company has a balance sheet which lists $85 million in assets, $40 million in liabilities, and $45 million in common shareholders'equity. It has 1,400,000 common shares outstanding. The replacement cost of the assets is $115 million. The market share price is $90.

Required:
What is Paper Express's book value per share?

Answers

Answer:

$32.14  

Explanation:

Paper Express's book value per share=book value of shareholders'equity/common shares outstanding

book value of shareholders'equity=$45 million=$45,000,000

Number of common shares outstanding=1,400,000

Paper Express's book value per share=$45,000,000/1,400,000

Paper Express's book value per share=$ 32.14  

Anthony and Michelle Constantino just got married and received ​$39000 in cash gifts for their wedding. How much will they have on their​ twenty-fifth anniversary if they place half of this money in a​ fixed-rate investment earning 6 percent compounded​ annually? Would the future value be larger or smaller if the compounding period was 6​ months? How much more or less would they have earned with this shorter compounding​ period?

If they place half of this​ money, PV, in a fixed-rate investment earning 6 percent compounded​ annually, the amount they will​ have, FV, on their​ twenty-fifth anniversary is ​$____ . ​(Round to the nearest​ cent.)

Answers

Answer:

83,691.48

Explanation:

39000/2 = 19,500

19,500 x 1.06 (6%) 25 times

A merchandiser, provides the following information for its December budgeting process:

The November 30 inventory was 1,800 units.
Budgeted sales for December are 4,000 units.
Desired December 31 inventory is 2,840 units.

Budgeted purchases are:________

a. 5040 units
b. 6,840 units
c. 4,000 units
d. 5,800 units

Answers

Answer:

a.  5,040 units

Explanation:

The computation of the budgeted purchase is shown below:

As We know that,

= Budgeted Sale units + ending inventory units - beginning inventory units

= 4,000 units + 2,840 units - 1,800 units

= 5,040 units

Therefore we simply added the closing inventory units and subtract  the opening inventory units from the Budgeted Sale units in order to determine the Budgeted purchases units

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A soccer ball kicked with a force of 14.7 Naccelerates at 7.3 m/s2 to the right.What is the mass of the ball?Answer in units of kg. Gary applied the distributive property using the greatest common factor to determine the expression that is equivalent to 66 + 36. His work is shown below.Factors of 66: 1, 2, 3, 6, 11, 22, 33, 66Factors of 36: 1, 2, 3, 4, 6, 9, 12, 18, 3666 + 36 = 3 (22 + 12)What statement best describes Garys error?Gary did not use correct factors for 66 in the equation.Gary did not use correct factors for 36 in the equation.Gary did not use two equivalent expressions in the equation.Gary did not use the greatest common factor in the equation. What is the most likely outcome of a disease that kills off the long-spined sea urchins on a reef? identify the various communicative styles how do the long A sounds in this example reinforce how the narrator feels about Lenore? what did the founding fathers debate on? What is the decimal form of 1/3 $35.50 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 5.50% per year. The required rate of return on the stock, rs, is 9.00%. What is the stock's expected price 3 years from today Why do you think the first session of the U.S. Congress was convened in New York and not Washington, D.C.?It was convened in New York because the nations capital had yet to be constructed.It was convened in New York because the city was served by the greatest number of rail lines and roadways.It was convened in New York because that state had the largest number of senators and representatives.It was convened in New York because it was the first state in the union. Use summation formulas to rewrite the expression without the summation notation . sum i=1 ^ n 2i^ 3 -3i n^ 4 a judge may not alter a ____ sentence Website managers useevery day. Please help me answer this () ( ) I need help solving this problem: 1/3(3x - 12) = 1/6x + 1/4 - 9my teacher said the answer is -5.7 but idk how she got that help me please thank you what was the purpose of the federal securities act? What effect did the ban on the international slave trade have on slavery in the United States? It created a labor shortage across the northern United States. It caused a rise in the slave trade from other states within the country. It caused a decrease in the overall population of enslaved people in the country. It created an economic crisis for planters and slaveholders. Fifty people are in a line. The first person in the line to have a birthday matching someone in front of them will win a prize. Of course, this means the first person in the line has no chance of winning. Which person has the highest likelihood of winning? Defend your answer with a statistically sound argument. How did the reunification of China affect the common people