Consider the following information:
Accounts Payable: $4,000
Notes Payable: $10,000
Salaries payable: $1,000
Revenues: $5,000
Accounts Receivable: $5,000
Utilities Expense: $2,000
Cash: $5,000
Office Supplies: $1,000
Equipment: $20,000
Accumulated Depreciation Equipment: $5,000
Unearned Revenue: $2,000
Equity: $22,000
Salaries Expense: $1,000
From the above set of data, what is the total for assets, liabilities, and equity?
a) Total Assets: $29,000
Total Liabilities: $14,000
Total Equity: $9,000
b) Total Assets: $26,000
Total Liabilities: $17,000
Total Equity: $9,000
c) Total Assets: $36,000
Total Liabilities: $14,000
Total Equity: $9,000
d) Total Assets: $29,000
Total Liabilities: $12,000
Total Equity: $9,000
Answers: 3
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Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand
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One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
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George wants to collect funds to open his own bakery from his family. he needs an accurate estimate of how much money he would require to run the bakery for at least six months. he has to buy a shop (costing $3,500) and buy an oven (costing $600). his start-up costs, including various utility costs, would be $300. he has calculated his monthly expenses as $250. how much money would george require to start his business and run it for at least six months? a. $3500b. $5,900c. $7,200d. $7,400e. $8,200its not c.7200 tried it
Answers: 1
Business, 23.06.2019 15:00
Walmart and target are the only stores in a remote town that currently stock and sell the playstation 5 video game console. managers at both stores are simultaneously deciding whether to charge a price of $1,000 or $1,500 for each console. if both stores charge $1,000, they earn a profit of $100,000 each. if both stores charge $1,500, they earn a profit of $200,000 each. if one store charges $1,000 and the other store charges $1,500, the store that charges $1,000 earns a profit of $250,000 and the firm that charges $1,500 earns a profit of $50,000. if walmart and target they can both charge $1,500 and earn the highest combined profit available. engage in spirited price competition collude with each other privately undercut each other after making an agreement compete with each other only with regard to price and not quantity compete with each other only with regard to quantity and not price
Answers: 1
Consider the following information:
Accounts Payable: $4,000
Notes Payable: $10,000
S...
Notes Payable: $10,000
S...
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