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Varvara68 [4.7K]
1 year ago
12

On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,970; Accounts Receivable,

$8,795; Supplies, $1,803; Land, $24,968; Accounts Payable, $5,804. What is the amount of stockholders' equity as of July 1 of the current year?
Business
1 answer:
irinina [24]1 year ago
3 0

Answer:

$40,732

Explanation:

The computation of the amount of stockholders' equity is shown below:-

Amount of stockholders' equity = Cash + Accounts Receivable + Supplies Land - Accounts Payable

= $10,970 + $8,795 + $1,803 + $24,968 - $5,804

= $46,536 - $5,804

= $40,732

Therefore we have applied the above formula to reach out the amount of stockholders' equity.

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The following costs are budgeted for Harlow Corporation for next year: The costs above are based on a level of activity of 20,00
ololo11 [35]

Answer:

$48.50

Explanation:

Harlow Corporation

First step is to calculate for Variable cost per unit:

Variable cost per unit =

$270,000 ÷ 20,000 units

= $13.50 per unit

Second step is to calculate for the cost function

Cost function :

Y = $630,000 + $13.50X

Y= $630,000 + $13.50(18,000)

Y=$630,000+$243,000

Y = $873,000

Therefore:

Total cost / number of units = total cost per unit$

Total cost =$873,000

Number of units= 18,000

$873,000 ÷ 18,000

= $48.50

Therefore the total cost per unit is $48.50

5 0
1 year ago
In a supply chain, having a recognized leader exercising power leads to:
KonstantinChe [14]

Answer: In a supply chain, having a recognized leader exercising power leads to: <u>"b. facilitation of legitimacy in the supply chain."</u>.

Explanation: The role of a supply chain leader is much more than just having functional knowledge: supply chain leaders must have process experience. They are responsible for taking items from one end of the supply chain to the other, even if they have no total control over each step.

7 0
1 year ago
Explain why the death of selena led to a growth in the number of consumer products targeted specifically at the latino community
Maksim231197 [3]

Answer:

Not relevant to her death but it had to do with the timing in which it happened.

Explanation:

Remember she was indeed a stars among Hispanic Americans, according to reports Latinos  bought  millions of records by the singer who they saw as a model.

Prior to her death there were plans to lunch consumer products targeted specifically at the Latino community considering their market potential from the entertainment industry.

Christy  Haubegger decided to lunch one of such consumer products the Latina Magazine which focused on the Latino community leading to more of these products.

7 0
1 year ago
Some landlords ask for a special deposit before renting out an apartment. Which is the most likely purpose of a special deposit?
Bogdan [553]
It is money given to a landlord to provide some protection to a landlord for damage to the rented premises or for tenant failure. Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
8 0
1 year ago
Read 2 more answers
Billy works for an organization that has a manager for every five employees. Jane works for an organization that has a manager f
Vlad1618 [11]

Answer:

Flat companies have greater span of control than taller companies.

Explanation:

The reason is that if the greater number of employees are managed by a senior position which means the manager has greater span of control, such organizations are known as wider or flat organizations as the companies have lower number of management levels. The organization in which Jane and Salma work are examples of flat organization.

On the other hand, the companies in which fewer number of employees are managed by a senior position which means the manager has lower span of control, such organizations are known as tall organizations as the companies have greater number of management levels. The organization in which Billy work is an example of tall organization.

5 0
2 years ago
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