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vova2212 [387]
1 year ago
7

Be-The-One is a motivational consulting business. At the end of its accounting period, December 31, 20Y2, Be-The-One has assets

of $395,000 and liabilities of $97,000. Using the accounting equation, determine the following amounts: a. Stockholders' equity as of December 31, 20Y2.
Business
2 answers:
kari74 [83]1 year ago
7 0

Answer:

$298,000

Explanation:

Stockholders equity is the difference between the assets generated by the consulting business and the liabilities.

Given the asset of Be-The-One to be $395,000

Liabilities = $97000

Equity = Assets - Liabilities

Equity = $395,000-$97,000

Equity = $298,000

Therefore, the stockholders' equity as of December 31, 20Y2 is $298,000

faltersainse [42]1 year ago
4 0

Answer:

Stockholders' equity would equal to $298,000.

Explanation:

Equity = Total Assets - Total Liabilities

Equity - $395,000 - $97,000 = $298,000

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As Jaime was packing to return to college after his summer vacation, he realized that he owned many valuable things such as a la
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Answer:

Assets

Explanation:

Assets refer to an item of property owned by a person or company which is regarded as value and available to meet commitments, debts etc. So here you can say jaime's laptop computer, speaker system and blu ray player are his assets

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1 year ago
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A properly marked source document contains some Secret information. A new document does not contain the same information. Howeve
navik [9.2K]

Answer:

Revealed by.

Explanation:

Revealed is to make (previously unknown or secret information) known to others.

3 0
1 year ago
A soft drink costs 75 cents for a 12-oz can. A two-liter bottle costs $1.25. In which form is the soft drink more expensive? How
Verdich [7]

Answer:

The coldrink is more expensive in Can form.

Can is $0.044/oz more expensive than bottle

Explanation:

Data provided in the question:

Cost of 12-oz can = 75 cents = $0.75

Cost of 2 Liter bottle = $1.25

Now,

Cost per oz for can = $0.75 ÷ 12

= $0.0625/oz

For bottle

Total oz contained = 2 × 1.057 × 32 oz     [As 1.0 L = 1.057 qt, 1 qt = 32 oz]

= 67.648 oz

Therefore,

Cost per oz for bottle = $1.25 ÷  67.648 oz

= $0.0185/oz

Hence,

The coldrink is more expensive in Can form.

Difference = $0.0625/oz - $0.0185/oz

= $0.044/oz

Hence,

Can is $0.044/oz more expensive than bottle

4 0
1 year ago
It's important to note that sometimes private solutions to externalities do not work. For example, this occurs when an excessive
Arlecino [84]

Answer:

It describes the problem of transaction costs and negotiation.

Explanation:

Externalities are situations that arise when the activities of an organization affects another for good or bad, but with the first organization that caused the change, receiving no benefits (if it was a positive change), or bearing no costs (if it as a negative change).

Ronald Coase proposed some theories about the possible solutions to externalities. One of them is negotiation between the two parties involved. The problem with this solution is the high costs of transaction that could be spent before an agreement is reached. The number of people involved in the negotiation could also be a problem.

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2 years ago
The following are the current​ month's balances for selected accounts of Sandlin Marketing Company. Accounts Payable $ 10 comma
Ksenya-84 [330]

Answer:

$7700

Explanation:

Net Income = Revenue - Expenses

= 9000 - 1300 = $7700

7 0
2 years ago
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