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Finger [1]
1 year ago
7

At December​ 31, ​, Corporation has cash of ​million, accounts receivable of ​million, and​ long-term assets of million. The com

pany owes accounts payable of million and has a​ long-term note payable of million. has common stock of million and retained earnings of million. Prepare ​Corporation's balance sheet at December​ 31, ​, complete with its proper heading.
Business
1 answer:
saveliy_v [14]1 year ago
6 0

Answer:

Balance Sheet December 31

Assets

Cash                              $1,000,000

Accounts Receivable   $1,000,000

Long-term assets         $1,000,000

Total Assets                 $3,000,000

Liabilities

Accounts Payable        $1,000,000

Long-term note            $1,000,000

Total Liabilities             $2,000,000

Stockholder's Equity

Common Stock             $1,000,000

Retained Earnings        $1,000,000

Total Stockholder's Equity $2,000,000

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Arte-miy333 [17]

Answer:

Peripheral Goods

Explanation:

According to my research on different business strategies and benefits, I can say that based on the information provided within the question these are examples of Peripheral Goods. These are useful physical items that have something to do with the business that is offering the product or service that you are buying.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
2 years ago
You are preparing to proof a recommendation report for the executive team. Your HR team has worked on this report for several mo
Vikentia [17]

Answer:

Which of the following proofreading strategies would be most appropriate for this situation?

Proofreading is a habit that helps in correcting errors such as spelling, grammar, syntax, punctuation and formatting. This helps in editing the article in a better, organized and understandable way.

Therefore, the correct options are

a. Did I spell the recipient's name correctly?

b. Did I place a comma before coordinating conjunctions that appear in compound sentences?

Which of the following items should be on your revision checklist?

While working on a report, the specific proofreading marks would be message should be simple, no slang words, no flabby expressions and evaluation of the final product.

Therefore, the correct options are

a. Evaluate your final product.

b. Don't use clichés or slang.

c. Keep the message simple.

d. Eliminate flabby expressions.

3 0
2 years ago
A company’s stock is currently selling for 28.50. Its next dividend, payable one year from now, is expected to be 0.50 per share
melisa1 [442]

Answer: $22.22

Explanation:

We can use the dividend discount model to solve for this.

The formula is,

P = D1 / r - g

Where,

D1 = the next dividend

r = the expected return

g = the growth rate.

We do not have the expected return but we can calculate for it using the old stock price and growth rate. Making it x we have,

28.5 = 0.5 / x - 0.075

28.5 (x - 0.075) = 0.5

x = 0.5 / 28.5 + 0.075

x = 0.09254385964

x = 9.25 %

Now that we have the expected return we can calculate the new stock price with the new growth rate,

P = 0.5 / 9.25% - 7%

P = 22.2222222222

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The new stock price is $22.22

5 0
2 years ago
The competitive equilibrium rent in a standard two bedroom apartment in lawrence (a city) is $600. now suppose the city council
Mekhanik [1.2K]
<span>Setting a rent control price ceiling will cause the same impact as any other price ceiling that is below the market equilibrium price: it will create a shortage in the market. At the price equilibrium of $600, the number of renters would exactly meet the number of available 2 bedroom apartments. However, with this fixed price ceiling, the position along the demand curve will shift to one of higher demand, with no analogous change in the supply curve. Thus there will be more renters than can be supported, and renters will have to look for alternatives and substitutes.</span>
8 0
2 years ago
A firm must choose from six capital budgeting proposals outlined below. The firm is subject to capital rationing and has a capit
MaRussiya [10]

Answer:

On IRR basis projects 1, 2, 3, and 5 will be selected.

On NPV basis projects 1, 3, 5,  and 6 will be selected.

Explanation:

The firm will accept or choose all the project that has a higher or equal internal rate of interest than cost of capital. However, in the given case project 4 has a lower internal rate of interest (12 percent) than the cost of capital. Thus, projects 1, 2, 3, and 5 will be chosen by the firm. While the firm has budget constraints so it will have no money for projects 4 and 6.

The firm will select all the projects with positive NPV when there is no budget constraint. But in case of budget constraint, the firm will select the project that has high NPV. Thus, Project 1, 6, 3, and 5 will be selected and there will be no money left for projects 2 and 4.

8 0
2 years ago
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