Which report summarizes the overall financial worth of an organization, such as assets and liabilities, at a specific point in time?.

Answers

Answer 1

A balance sheet is a report that summarizes the overall financial worth of an organization, such as assets and liabilities, at a specific point in time.

What doess Balance sheet means?

A balance sheet is a financial statement that summarizes the assets, liabilities, and shareholder equity of a company at a given point in time. These three balance sheet segments inform investors about the company's assets and liabilities, as well as the amount invested by shareholders.

What does  Liabilities mean?

Liabilities are an entity's financial obligations, such as debts, bills, or unpaid taxes. They are frequently referred to as an entity's "debt," and they can include both short-term and long-term liabilities. Liabilities are recorded on a company's balance sheet, which is a financial document that shows the assets, liabilities, and owners' equity of the company.

To know more about Balance Sheet,

https://brainly.com/question/1113933

#SPJ4


Related Questions

what is one of the advantages of monetary policy over fiscal policy? group of answer choices the opportunity for broad political influence its control over the size of federal budget deficits it can guarantee an expansion of aggregate demand when needed the quickness with which it can be used

Answers

One benefit of monetary policy over fiscal policy is that financial, banking, and monetary policy experts, not politicians, make the decisions.

What advantages do monetary policies have over fiscal ones?

Monetary policy expansion can raise company earnings while having little effect on GDP by increasing asset prices and lowering borrowing costs. In contrast to monetary policy, which attempts to promote economic growth, fiscal policy focuses on either total spending, the general makeup of spending, or both.

What sets fiscal policy apart from monetary policy?

A central bank's actions with the goal of influencing the amount of credit & money in an economy are referred to as "monetary policy." The government's decisions about taxation and expenditure are referred to as fiscal policy, on the other hand. Both monetary and fiscal policies are used to hold down the economy over time.

To know more about monetary policy over fiscal policy visit:

https://brainly.com/question/29694955

#SPJ4

although résumés have standard categories, no two résumés are alike. strategically plan and arrange a résumé’s content, and customize it when you are applying for a particular job or company. do not inflate your résumé; be ethical and honest when describing your education, work experience, and employment history. your résumé’s main heading should include

Answers

your resume’s main heading should include: your complete mailing address

How to prepare a resume?

Make sure your main header includes your contact information, including your full postal address, area code, phone number, and e-mail address, whether you utilize a functional or chronological resume structure. Later parts of the CV will contain your accomplishments. In your resume, you should either create a unique email account or utilize your own email address. It is not advised to use your present work email address when looking for work.

drawback exists with a career ambition on a resume

It can mean that you've decided to pursue a particular vocation.It could make the job of a recruiter more challenging and complicated.

To know more about Resume, visit:

https://brainly.com/question/14218463

#SPJ1

In 2021, Southwestern Corporation completed the treasury stock transactions listed below. February March May 2: Reacquired 77,000 shares at $12.70. 17: Sold 27,000 shares at $14.35. 17: Sold 32,800 shares at 58.35. Southwestern had issued 100,000 shares of its $1 par common stock for $10 several months ago Required: Prepare the journal entries to record the above transactions, using the cost method. (If no entry is require select "No journal entry required" in the first account field.)

Answers

Using the cost method Equity shares journal entry for feb 2 will be Bank A/c Dr. 9,77,900 To equity share application A/c 9,77,900, mar 17 equity share application A/c Dr, ‬‬‬3,87,450 To Bank A/c 3,87,450 may 17  equity share application A/c Dr 2,67,200 To Bank A/c  2,67,200.

Certain investments are recorded using the cost method of accounting in a company's financial statements. When an investor owns an investment that it has little or no control over—typically represented as owning less than 20% of the company—they use this method.

The investor lists the investment's cost as an asset. Dividend income is recorded as income when it is received and appears on the income statement. In either the investing section or the operating section of the cash flow statement, receiving a dividend also results in an increase in cash flow.

To learn more about cost method refer here:

https://brainly.com/question/14917620

#SPJ4

duke corporation is issuing $5 million in 30-year, 8% bonds, with bonds bearing a par value of $1,000. flotation costs will be 3% of the par value. what is the net proceeds from the sale of each bond, assuming that the bonds sell at par

Answers

When a bond with a $1,000 par value can be purchased for more than $1,000, it is selling at a premium, and when it can be purchased for less than $1,000, it is selling at a discount.

What exactly does it imply when a bond trades at par?

A bond's yield is equal to its coupon when it trades at par. For the risk of lending money to the bond issuer, investors anticipate receiving a return equivalent to the coupon.

Why is par value important?

A single common share's par value is determined by the charter of a corporation. It usually has nothing to do with the shares' actual worth. Actually, it's frequently lower. The par value is stated on each stock certificate that is issued for shares that are bought. A firm has the option to specify a par value when authorizing shares or not.

To know more about bond visit:-

https://brainly.com/question/10777799

#SPJ4

Question:

duke corporation is issuing $5 million in 30-year, 8% bonds, with bonds bearing a par value of $1,000. flotation costs will be 3% of the par value. what is the net proceeds from the sale of each bond, assuming that the bonds sell at par?

If the bonds sell, then bonds buy = 970, which represents the net revenues from each bond sale.

What Do Bonds Do?

In consideration for monthly interest expenses, a bondholder loans money to a business or the government for a predetermined length of time. The investor makes a fixed-term loan of wealth (the capital) to a business and the sovereign in exchange for a stream of loan repayments (the yield).

What is a bond, for instance?

There are various types of bonds: the federal government issues Treasury securities; state and local governments issue municipal bonds; and businesses issue corporate bonds. High-yield bonds, government securities, including wealth securities are some more varieties of bonds.

Briefing:

Bonds sell = Sale Price - Float Coast

= (1000)-(1000x.03)

= 1000-30

= 1000-30

Bonds sell = 970

To know more about bond visit:

https://brainly.com/question/17405470

#SPJ4

FILL IN THE BLANK. when a decision maker is faced with several alternatives and an uncertain set of future events, s/he uses ____ to develop an optimal strategy.

Answers

Decision/selection analysis A approach used to improve an most reliable strategywhen a choice maker is confronted with several selection alternativesand an uncertain set of future events

Where is choice analysis used?

Decision evaluation uses a range of equipment and additionally accommodates factors of psychology, administration techniques, and economics. Risk, capital investments, and strategic commercial enterprise selections are areas where choice evaluation can be applied.

There are 4 simple factors in selection theory: acts, events, results and payoffs. There are four basic factors in decision theory: acts, events, outcomes, and payoffs.

Learn more about decision analysis here:

https://brainly.com/question/27004710#SPJ4

When it comes to contacting inbound leads, one rule is always true:

Answers

Content and context are two of the most effective elements of inbound marketing. Help prospects buy by providing the right content at the right time through lead nurturing.

What is inbound marketing?Inbound marketing is a systematic strategy for creating valuable content that meets the needs of your target audience and fosters lifelong customer loyalty.Your customers are with you by helping them find solutions to their problems. It's easy to see why modern businesses use content marketing as one of their inbound marketing strategies.Outbound marketing strategies include TV spots, billboards, solicitation calls, and display advertising, while inbound marketing relies on slow-burning content marketing techniques such as blogs, opt-in email nurturing methods, and native suggestions.Outbound marketing is the act of proactively reaching out to potential customers to increase their interest in your product.On the other hand, the goal of inbound marketing is to create and distribute content that encourages people to visit her website.

Learn more about inbound marketing, here

https://brainly.com/question/23652377

#SPJ1

which of the following is a true statement? multiple choice most economists believe that the recent rise in the average rate of productivity growth implies an end to the business cycle. mainstream economists disagree as to whether the rate of productivity growth was higher between 1995 and 2010 or between 1973 and 1995. economists who support economic growth say that it is the most practical route to the higher standards of living that the vast majority of people desire. most economists believe that increases in real gdp actually produce decreases in overall economic well-being because of spillover costs.

Answers

Economists who support economic growth say that it is the most practical route to the higher standards of living that the vast majority of people desire. The given statement is True.

Economic growth is how a country's wealth develops over time. Although it is frequently used in talks about short-term economic performance, the phrase primarily refers to a growth in wealth over a long period of time in the context of economic theory. Growth is best characterised as a transformational process.

The process of growth is unequal and unbalanced regardless of whether one looks at an economy that is already modern and industrialised or one that is still in the early stages of development.

Economic historians have made an effort to create a theory of the developmental stages that each economy must go through as it expands. Early writers were fond of metaphor and frequently emphasised how human existence and

To know more about Economic growth visit:

https://brainly.com/question/14690585

#SPJ4

one of the high-priority webpages a marketer's ads serve to has content on it that she's unsure is right for her brand. which verification setting within campaign manager 360 would let her know if the content was okay?

Answers

One of the high-priority webpages a marketer's ads serve to has content on it that she's unsure is right for her brand. The verification setting within the Campaign Manager 360 would let her know if the content was okay will be Content setting.

Website settings is a single place where various global and system-level content settings can be configured for your website's blog, navigation, pages, and themes. There are cases when web files cannot or do not have to specify certain properties within the content of the file. Without this information, however, some features such as content assist and source validation cannot work to the best of their knowledge.

Learn more about the content setting and webpages here:

https://brainly.com/question/9060926

#SPJ4

true or false: as the pressure to reduce costs increases, the best entry modes are franchising and joint ventures.

Answers

Businesses can use franchising as a model for scaling up with limited resources.International franchising is a way for businesses to enter new markets that gives them little control and little risk.

Which three statements about franchising are accurate?

A royalty is typically paid to the franchiser.It has a longer time commitment than a license, but it is similar to one.The franchisee agrees to follow strict business regulations.

What three benefits do joint ventures offer?

Sharing the costs and risks of opening a foreign market, as well as gaining local knowledge and political influence, are advantages of joint ventures.The possibility of losing control over technology and a lack of tight control are disadvantages.

Learn more about franchising here:

https://brainly.com/question/29376853

#SPJ4

best silo storage applies for a business loan from county credit union. to help best silo get the loan so that it will be able to stay in business and fulfill a deal it has made with her, dakota promises the credit union's loan officer that she will repay the loan if best silo does not. to be enforceable, dakota's promise

Answers

Dakota's promise need not be in writing.

Credit risk arises from the ability that a borrower or counterparty will fail to perform on an responsibility. For most banks, loans are the biggest and maximum apparent source of credit score chance. There are different resources of credit hazard both on and off the balance sheet.

Credit risk is defined as the ability loss bobbing up from a financial institution borrower or counterparty failing to fulfill its responsibilities according with the agreed terms.

The system weighs five characteristics of the borrower and conditions of the loan, trying to estimate the risk of default and, consequently, the hazard of a monetary loss for the lender.

Learn more about credit risk here:- https://brainly.com/question/29430926

#SPJ4

Martha Pim is a general partner in PLF Partnership. This year, Martha received a $48,000 guaranteed payment from PLF, and her distributive share of PLF's ordinary business income was $93,200. Which of the following is accurate?
A. Martha must pay income tax on $141,200 and self-employment tax on $48,000.
B. Martha must pay income tax on $141,200 and self-employment tax on $93,200.
C. Martha must pay both income tax and self-employment tax on $141,200.
D. Martha must pay income tax on $48,000 and self-employment tax on $93,200.

Answers

Martha must pay the income tax on $141,200 and the self-employment tax on $48,000 is accurate.

What is an income tax?

An income tax is a charge levied against people or organizations (taxpayers) in relation to the income or profits they make. In most cases, income tax is calculated as the sum of the tax rate and the amount of taxable income. Taxable income for taxpayers who live in the jurisdiction is typically their total income less any additional deductions and costs incurred in earning that income. Only net gains from the sale of assets, including items held for sale, are typically included in income. Distributions of profits made by a firm are typically included in the income of its shareholders. Every item that generates money or is related to a business, including a provision for the cost of commercial assets, is normally deductible. Many jurisdictions permit hypothetical deductions for people as well as the possible deduction of some personal expenses.

To learn more about income tax, visit:

https://brainly.com/question/17075354

#SPJ4

During the Intro stage, pricing a product high is known as BLANK and pricing a product low is called BLANK

Answers

During the Intro stage, pricing a product high is known as "Skimming" and pricing a product low is called "Penetration Pricing."

What do we mean by Skimming?

Skimming is a strategy for strategic, selective reading that focuses on the main ideas of a text. Skim text that contains details, stories, data, or other elaboration when skimming. Skimming is a method of reading or glancing over a text quickly to get the main points or ideas rather than reading it thoroughly. It is a useful technique for quickly reviewing large amounts of information or for getting a high-level overview of a text before reading it in its entirety.

Also penetration pricing strategy involves offering a new product or service at a low initial price to gain customers' attention.

To know more about Skimming,

https://brainly.com/question/22658662

#SPJ4

all u.s colleges and universities were required to comply with the campus save act by the end of which year?

Answers

All US colleges and universities were required to comply with the campus save act by the end.

Thus, the correct option is A.

What do you mean by university?

A university is a center for higher learning and research that confers degrees in a variety of academic fields. In general, universities provide both undergraduate and graduate degrees. The label is only used for colleges with graduate programs in the United States.

The main areas where colleges and universities diverge are in the types of programs and degrees offered.

Larger institutions that offer both undergraduate and graduate programs are referred to as "universities." Community colleges, vocational schools, and liberal arts colleges are all considered to be "colleges."

A university is a place where people can pursue degrees in education. Additionally, they might pursue master's or doctoral degrees. It is a prestigious institution of higher learning. Universities also conduct academic research.

"Institution of higher learning" or "body of people composing a university" are the definitions of the word "university." The name is derived from the Latin word universitatum, which denotes a company or community. One form of postsecondary education is university. Community colleges and vocational schools are further forms.

Learn more about university, here

https://brainly.com/question/15844073

#SPJ1

how much should the emergency fund hold, according to the recommendation for creating a responsible financial plan for personal finances?

Answers

A typical emergency fund is 3-6 months of living expenses. This also equates to roughly four months' salary.

While the size of your emergency fund will vary depending on your lifestyle, monthly costs, income, and dependents, the general rule is to save three to six months' worth of expenses.While emergencies cannot always be avoided, having emergency savings can take some of the financial stings out of dealing with these unexpected events.

An emergency fund is a cash reserve set aside specifically for unplanned expenses or financial emergencies. Car repairs, home repairs, medical bills, or a loss of income are all common examples.

To know more about emergency fund, click here.

https://brainly.com/question/14826786

#SPJ4

Serotta Corporation is planning to issue bonds with a face value of $420,000 and a coupon rate of 16 percent. The bonds mature in two years and pay interest quarterly every March 31, June 30, September 30, and December 31. All of the bonds were sold on January 1 of this year. Serotta uses the effective-interest amortization method and also uses a premium account. Assume an annual market rate of interest of 12 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)
2. Provide the journal entry to record the interest payment on March 31, June 30, September 30, and December 31 of this year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your final answers to nearest whole dollar amount.)

Answers

The journal entry to record the interest payment on March 31, June 30, September 30, and December 31 of this year.

Bond interest rate is the aggregate hobby price incurred at some stage in a reporting duration for an corporation's bonds payable.

This cost includes the amortization of any premium or bargain on issued bonds for the reporting duration, which is based on the charge at which they had been offered to buyers.

Amortisation Schedule:-

    Date       cash payment          Bond interest expense           premium Amortisation        Carrying value

        0                   -                                   -                                                  -                                         $449482

March 31             16800                        13484  [449482 * 12%/4]              3316                                     446166

June 30               16800                         13385  [ 446166* 12%/4]              3415                                    442751

September 30     16800                         13283   [ 442751 *12%/4]             3517                                    439234

December 31      16800                         13177  [439234 * 12%/4]              3623                                    435611

Journal entry to record the interest payment  :

 March 31          Interest Expense                     Dr. 13484

                        Premium on Bonds payable      Dr.   3316  

                                          To cash                                                  16800

June 30           Interest Expense                     Dr. 13385

                        Premium on Bonds payable     Dr.  3415        

                                          To cash                                                  16800

September 30    Interest Expense                     Dr.   13283

                        Premium on Bonds payable      Dr.   3517

                                          To cash                                                  16800

December 31    Interest Expense                      Dr.      13177

                        Premium on Bonds payable      Dr.      3623  

                                          To cash                                                      16800

Note:   Present value of bond = present value of face value of bond + present value of interest payment

                                               = face value / (1+market interest)number of payment  +  interest [(1 - (1+market interest)- number of payment/ market interest]

  = 420000 / (1+12%/4)4*2year  +  (420000 *16%/4)[(1 - (1+ 12%/4)- 4*2year / (12%/4)]

= 420000 / (1+0.03)8  +  16800[(1 - (1+ 0.03)- 8 / 0.03]

= 420000 / 1.26677    +  560000[(1 - 1/1.26677 ]

= 331551.90    +  560000 *0.21059

=331551.90  + 117930.4

= $449482

Issuance entry:

1 jan                                      Cash       $449482

   To Bonds payable                            420000

   To Premium on bonds payable         29482

Learn more about  Bond interest expense  here:-https://brainly.com/question/25654055

#SPJ4

jed invents a self-walking dog leash, and his neighbor watched through the window as jed invented this leash. jed would need to file which of the following to protect his invention from copying? a. copyright b. trademark c. patent d. service mark

Answers

Jed leads to self dog leash, but his neighbor observed from his window as he worked on this patent.

What else could I use in place of the a dog leash?

Any length of strong cord or wire that can be safely fastened to your dog's collar will work. You might make use of extra rope, string, stockings, or an old belt.

Which leash is ideal for dogs?

Traditional 6-foot cotton or leather leashes work well for walking dogs. 6 feet is a sufficient length to allow for mobility while still having your dog close by or under your control. You can choose between nylon and leather. However, stay away from other materials like cotton and rubber because they aren't as sturdy or long-lasting.

To know more about dog leash visit:

https://brainly.com/question/16814676

#SPJ4

If the inflation rate in an economy is 5 percent and the income earned by workers increases by 5 percent, then _____.​
nominal income increases by 5 percent and real income is unchanged​
nominal income increases and real income declines​
both nominal income and real income increase by 5 percent​
both nominal income and real income decrease by 5 percent​
​nominal income declines and real income increases

Answers

If the inflation rate in an economy is 5 percent and the income earned by workers increases by 5 percent, then nominal income increases by 5 percent and real income is unchanged​ that is option A is correct.

Inflation refers to the increase in the prices of the commodities within the economy. Inflation has a significant effect on any economy as the purchasing power decreases within an economy when the prices of commodities increases. Nominal Income is the income that is not adjusted according to the changes in the inflation within an economy and the purchasing power of the people. This income changes as the inflation rate while the real income does not have any effect with reference to the inflation rate. So when the inflation rate increases by 5% then the nominal income increases by 5% while the real income remains unchanged.

Learn more about Inflation at:

brainly.com/question/777738

#SPJ4

if the founders of a bank have sold $100,000 worth of shares of stock, some to themselves and some to other people, the balance sheet will read

Answers

The selling of $100, 000 worth of shares of stock by the founders of a bank would lead to the balance sheet reading:

Assets ( Cash ) = $100, 000Liabilities and Net Worth ( Stock ) - $100, 000

How does the balance sheet change with stock issuance?

When stocks are issued, the result would be that cash would increase by the amount that the stock was sold for, which in this case is $100, 000. As cash is an asset, then assets will increase.

Liabilities and Net Worth would also increase by the amount the stock was sold for. This is because in the balance sheet, shares fall under the Liabilities and Net Worth of the company.

Find out more on the balance sheet at https://brainly.com/question/14182639

#SPJ1

your client, devin, asks about the risks and benefits of locking in a rate. you explain that which of the following is a risk he should consider?

Answers

The risk of locking the interest rate is that some shady lenders let lock periods expire, if interest rates rise under the pretense that the borrower could not process the paperwork in time and the client may also incur loss if interest rates are lowered than the locked rate.

What happens when you lock an interest rate?

If your interest rate is locked, as long as you close within the allotted time frame and make no modifications to your application, your rate won't change from the time you receive the rate lock and closing.

When you lock your interest rate, it will remain the same during the duration of the rate lock, regardless of shifting market conditions. If there are adjustments made before your loan closes, your final interest rate can be greater or lower than what you were first offered. When buying a property, a mortgage rate lock can help eliminate financial uncertainties.

To learn more about locking the interest rate, visit:

https://brainly.com/question/24213230

#SPJ1

you are the presenter. in presenter view, you can use monitors to display your presentation.

Answers

Only two monitors can be used for a presentation in PowerPoint. Presenter view allows you to see your presentation on one computer while the audience sees it on a different monitor without any speaker.

Information is presented to an audience during a presentation by a speaker. Presentations are often displays, introductions, lectures, or speeches intended to educate, convince, inspire, motivate, foster goodwill, or promote a novel concept or good. Preparation, planning, organising an event, writing, using visual aids, managing stress, and answering questions are typically necessary for presentations. The presenter, the audience, the message, the audience's response, and the technique used to give the speech effectively are the presentation's important components. In tertiary professional contexts, presentations are frequently used by accountants to present a detailed report of a company's financials or by entrepreneurs to pitch their venture idea to investors. When a debutante is presented, the phrase can also refer to a formal or ritualised introduction or offering.

learn more about presentation here

https://brainly.com/question/20814138

#SPJ4

what is the idea that once a trend has been picked up by mass consumers the trend setter can no longer like it without being associated with the masses, thus they move on to the next thing?

Answers

It is to be noted that the idea that once a trend has been picked up by mass consumers the trendsetter can no longer like it without being associated with the masses, thus they move on to the next thing is called the "cycle of cool".

Who coined the term the cycle of cool?

Doug Rushkoff created the phrase "Cycle of Cool." According to him, once a "cool" object gets adopted by the masses, it ceases to be cool since it no longer allows individuals to experience a feeling of uniqueness. Trendsetters move on to the next fashionable item, ensuring that the definition of "cool" remains fluid.

Doug Rushkoff wonders in Merchants of Cool, a documentary exploring the dynamics of cool and culture in the early 2000s, "Is the media truly reflecting the reality of adolescents, or is it the other way around?"

He is impressed by a group of 13-year-olds who suddenly burst into sexually charged dances for his camera team as soon as they began recording "as if to sell back to us, the media, what we had marketed to them." He referred to it as "the feedback loop."

Learn more about trendsetter:
https://brainly.com/question/19336865
#SPJ1

What is the average number of times that a specific risk is likely to be realized in a single year?.

Answers

ARO (Annual incidence rate) is the average number of times a particular risk is likely to materialize in a year.

What is Annual incidence rate (ARO)?

Annual incidence, also known as ARO, refers to the expected frequency at which a risk or threat is expected. ARO is also commonly referred to as probabilistic determination.

How to calculate annual frequency?

The probability that a risk will materialize in a given year. For example, if insurance data indicates that a major fire is likely to occur once every 25 years, the annual frequency is 1/25 = 0.04.

What is the purpose of calculating the Annual Expected Loss (ALE)?

Annual Expected Loss is a calculation that helps determine the expected monetary loss of his assets in one year due to a particular risk. You can calculate ALE as part of your company's quantitative cost-benefit analysis for an investment or project idea.

To learn more about ALE visit:

https://brainly.com/question/23899634

#SPJ4

37)quality chairs inc. (qc) manufactures chairs for industrial use. laura winters, the vice president for marketing at qc, concluded from market analysis that sales were dwindling for qc's standard three-foot chair due to aggressive pricing by competitors. qc's chairs sold for $550 whereas the competition's comparable chair was selling for $495. winters determined that a price drop to $495 would be necessary to regain market share and reach a targeted annual sales level of 10,000 chairs. cost data based on sales of 10,000 chairs:
Budgeted Quantity Actual Quantity Actual Cost
Direct materials (board feet) 88,500 80,000 $ 1,252,500 Direct labor (hours) 71,600 74,025 875,500 Machine hours (hours) 11,650 11,500 250,500 Finishing and packing (hours) 6,750 6,650 125,500 If the profit per unit is maintained, the target cost per unit is:
Multiple Choice
$81.
$171.
$181.
$276.
$226.

Answers

If the profit per unit is maintained, the target cost per unit is $171.

Cost per unit= ($1251500+ $875500+ $250500+$125500)/10000
                    = $250.40

New selling price= $570

New cost per unit= new selling price - profit per unit
                               = $570- $399.6
                              = $170.4

Profit per unit- The amount of profit we make per unit sold is referred to as per-unit profit.

Profit Per Item Calculation

Once you've determined your cost per product, you can calculate your profit on each item. Subtract the product's cost from the item's sale price. For example, if you sell an item for $40 and your company spends $22, your profit per unit is $18.

For more information on profit per unit visit:
https://brainly.com/question/29549469

#SPJ4

Prepare a December 31, 2020, balance sheet for Long Print Shop from the following: cash, $41,700; accounts payable, $29,700; merchandise inventory, $15,700; Joe Ryan, capital, $49,400; and equipment, $21,700.

Answers

                                               Long Print Shop

             Balance sheet for the year ended December 31, 2020

                                                        Amount in $                       Amount in $

Assets

Non-current asset

Equipment                                                                                     21,700

Current assets

Merchandise inventory                       15,700

Cash                                                     41,700

Total current assets                                                                     57,400

Total assets                                                                                 79,100

Liabilities

Accounts payable                                                                         29,700

Total liabilities                                                                              29,700

Equity

Capital                                                                                            49,400

Total equity                                                                                  49,400

Total liabilities and equity                                                             79,100

This balance sheet shows the relation between the two quantities in a business which are assets and liabilities. It can be represented by an equation which is:

Assets = Equity + Liability

Assets include fixed assets, cash, inventories, and account receivables, etc, liabilities include accounts payable, loans payable, accrued expenses, etc.

To know more about the Balance Sheet, Click here:

https://brainly.com/question/26323001

#SPJ4

6. if the reserve ratio is 20 percent, then $100 of new reserves can generate a. $60 of new money in the economy. b. $250 of new money in the economy. c. $500 of new money in the economy. d. $2,000 of new money in the economy.

Answers

If the reserve ratio is 20 percent, then $100 of new reserves can generate $500 of new money in the economy.

We must identify the economy's money multiplier in order to determine how much a new reserve can contribute to that economy. We can determine the money multiplier if we are aware of the reserve ratio of the banking system.

The formula for money multiplier is  1/Reserve ratio

In the question the reserve ratio is 20% or 0.2 we will put this in the formula in order to find the money multiplier

Money multiplier = 1/0.2= 5

Now in order to find how much can a new reserve generate we will multiply the new reserve by the multiplier.

New reserve = $100

Money multiplier = 5

5*100= 500

So a $100 new reserve can generate $500 of new money in the economy.

To know more about economy refer:

https://brainly.com/question/2421251

#SPJ4

a. jerome has a beautifully landscaped front lawn with lots of colorful flowers. landscaped lawns produce a externality. landscaped lawns exist relative to the socially efficient quantity. b. dave takes advantage of the low price of gas to purchase a sports utility vehicle. sports utility vehicles generate a externality. sports utility vehicles are produced relative to the socially efficient quantity. c. susan decides to walk to work instead of driving. walking to work creates a externality. walks to work exist relative to the socially efficient quantity. d. anita decides to smoke a cigarette while she is waiting at a busy bus stop. cigarettes create a externality. cigarettes are produced relative to the socially efficient quantity.

Answers

Option A Jerome has a beautiful well-kept front garden with many colorful flowers. A well-maintained lawn creates an externality A well-maintained lawn exists relative to a socially efficient crowd.

Socially efficient prices and quantities are those that occur in a perfectly competitive market. This occurs when the marginal cost equals the demand, at price B and quantity Y. This means that all possible mutual benefit deals could have been made.

This is the optimal allocation of resources in society, taking into account all external and internal costs and benefits. Social efficiency occurs at outputs where marginal social utility (MSB) = marginal social cost (MSC).

Learn more about Social efficiency here

https://brainly.com/question/28444760

#SPJ4

When raw material acquisitions were recorded, the improper unit price was included in the perpetual inventory master file. Therefore, the inventory valuation was misstated because the physical inventory was priced by referring to the perpetual records.
Examine appropriate unit price of raw material in master file with perpetual records.

Answers

The incorrect unit price was recorded when purchasing raw materials, and it was stored in the perpetual inventory master file. The physical inventory was priced using the permanent records, hence the inventory valuation was inaccurate.

With computerised point-of-sale systems, perpetual inventory is a form of accounting that continuously records inventory changes in real time, doing away with the necessity for physical inventory inspections. With fast reporting of the amount of inventory on hand and an accurate reflection of the quantity of goods in stock, it offers a highly detailed perspective of changes in inventory.

When using this approach, a business does not make any effort to maintain thorough records of the products it has on hand; instead, purchases are noted as debits to the inventory database. The price of things is actually high.

To know more about Perpetual inventory visit:

https://brainly.com/question/13646606

#SPJ4

what refers to the computer chip performance per dollar doubles every 18 months? multiple choice question.

Answers

According to Moore's Law, the performance of a computer chip doubles every 18 months.

Define Moore's Law.

A dense integrated circuit's transistor count doubles approximately every two years, according to Moore's law. A historical trend that has been noted and predicted is Moore's law. Rather than being a physical law, it is an empirical relationship linked to increases in production experience.

The number of transistors on microchips will roughly quadruple every two years, according to Gordon Moore's 1965 prediction. The intrinsic complexity of semiconductor process technology, which has been increasing, is the problem for Moore's Law. Transistors are now three-dimensional, and numerous exposures were necessary to replicate these features on silicon wafers due to the small feature size of today's modern process technologies.

To know more about Moore's Law, visit:

https://brainly.com/question/17600211

#SPJ1

the determines the access privileges for all users and enters the appropriate authorization rules in the dbms

Answers

'The DBA determines the access privileges for all users and enters the appropriate authorization rules in the DBMS.

Database administrators use specialized software to store and organize data. This role includes capacity planning, installation, configuration, database design, migration, performance monitoring, security, troubleshooting, and backup and data recovery.

Systems DBAs focus on the physical aspects of database administration. For example, database management system installation and maintenance, database backup, performance optimization, and disaster recovery. Development DBAs are responsible for the development aspects of database administration.

Abbreviation for Database Administrator. DBAs design, implement, manage, and oversee data management systems to ensure design, consistency, quality, and security.

Learn more about DBA https://brainly.in/question/8140252

#SPJ4

the key question you want to keep in mind while undertaking a social media audit is: ""what value is your organization adding to your customers through social media now vs. ?""

Answers

According to the scenario, "what value is your organization adding to your customers through social media now vs. the value you want to be adding."

What is a social media audit?

An analysis of your company's analytics to determine growth, prospects, and what can be done to enhance your social presence is known as a social media audit. By the way, don't let the word "audit" scare you. Auditing social media accounts don't have to be time-consuming or difficult.

By doing social media audits, you can eliminate marketing's element of guessing and find and monitor the KPIs that allow you to gauge your ROI. In the always-evolving world of social media, these insights might provide you with a competitive advantage in growing your reach and converting leads.

Learn more about social media audits, here:

https://brainly.com/question/28334839

#SPJ1

Other Questions
If the cyclist wanted to travel at a speed of v2 = 3. 5 m/s, how much time, in seconds, should elapse as the pedal makes one complete revolution?. Assume Durango Co. has sales of $100,000 for the month of November. The company expects sales to grow 10% each month. Durango Co. collects 60% of sales in the month of sale and 40% in the month after sale. What should Durango Co. project for cash collections in December? The admission fee to play virtual reality is $12. It cost an additional x dollar to rent virtual reality equipment to play in the games. The total cost for 8 people to play virtual reality with equipment is $400. How much will it cost for one person to rent virtual reality equipment? A Congressperson who acts according to their own beliefs and conscience and whatthey see as the broad interests of society is known as?A TrusteeB LegislatorC DelegateD Partisan For every adenine on one strand of DNA, there is a thymine on the opposing strand of DNA. For every cytosine on one strand of DNA, there is a guanine on the opposing strand of DNA. This is becauseDNA strands are complementary with each other. if an atom has 12 electrons how many energy levels are used? PLSSSSS HELPPPP PLS IM TIMEDSelect all the correct answers.Which TWO traits should a good teacher possess?- be very curriculum oriented- be alert to any changes in students usual behavior- encourage the students to research and explore -take little interest in students overall grades- focus mainly on students academic performance last summer your family built a new shed in your backyard, which was promtply colonized by deer mice Please ANSWER ASAPDorothy is trying to prove that PQR is a right triangle. The vertices of PQR are at P(-2,5), Q(-1,1), and R(7,3). Which TWO slope calculations can she use to correctly show that PQR is a right triangle?Select TWO of the answers below. in the picture security a has a standard deviation of 15 and security b has 25. based on the assumption of the camp model, security b must have a higher rate of return in equilibrium. true false Pure sodium metal placed in water will spark and ignite, as well as form bubbles and gas. What are the signs that this is a chemical reaction? check all that apply. during bruce companys first year of operations, the company purchased $3,400 of supplies. at year-end, a physical count of the supplies on hand revealed that $1,375 of unused supplies were available for future use. how will the related adjusting entry affect the companys financial statements? let $o$ denote the centroid of triangle $abc$. let $m$ and $n$ be points on sides $ab$ and $ac$, respectively, so that $m$, $o$, and $n$ are collinear, and $am/mb Abused children more readily perceive _______ in a series of human faces than children who havent experienced abuse. Find the sum of 2/5+1/6 please i need this a nurse on the cardiovascular operating team has been asked to develop a policy for the use of a new drug-eluting stent. which aspects of the policy should the nurse consider to ensure quality? while contracting with celebrities to endorse the companys brand adds to the competitive power of its product offering vis-a-vis the offerings of rivals, one of the big risks in trying to outbid rivals to win celebrity endorsements is: What was the name of the first national government that established a loose alliance between the thirteen states?. ruritania's economy has been enjoying positive but slowing growth. the ministry of economics is considering various policy measures. place each option in the appropriate column according to whether it will most likely lead ruritania on a business cycle path towards continued growth or into a recession. increasing taxes would lead to increasing government spending would lead to increasing the federal budget surplus would lead to decreasing taxes would lead to increasing the federal budget deficit would lead to decreasing government spending would lead to Write the electron configuration of the oxygen atom?