answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Eva8 [605]
2 years ago
7

At the beginning of April, Warren Corporation's assets totaled $240,000 and liabilities totaled $60,000. During April the follow

ing summarized transactions occurred: Additional shares of stock were sold for $20,000 cash. A building costing $95,000 was purchased using $10,000 cash and by signing an $85,000 long-term note payable. Short-term investments costing $9,000 were purchased using cash. $10,000 was paid to an employee as a loan; the employee signed a six-month note in exchange for the loan. How much are Warren's total assets at the end of April?
Business
1 answer:
kicyunya [14]2 years ago
5 0

Answer:

The Warren's total assets at the end of April is $345,000

Explanation:

The computation of the ending total assets value is shown below:

= Total assets - sale of stock + machine purchased - cash payment for purchase of building + purchase of short term investment - cash payment for purchase of short term investment - cash paid to the employee as a loan + notes issued

= $240,000 + $20,000 + $95,000 - $10,000 + $9,000 - $9,000 - $10,000 + $10,000

= $345,000

You might be interested in
A company that produces gift cards for various retail stores implemented a marketing campaign that for a limited time offered a
Helga [31]

Answer:

Market development strategy

Explanation:

It's a growth strategy that aims at identifying new customer for its existing product. As per this strategy, organizations develop products that cater to a new segment apart from its existing segment.

Market development strategy can be implemented through joint ventures, export licensing or direct investment. Here, Company wants to capture new market segment of fresh graduates. So, it is demonstrating market development strategy.

7 0
2 years ago
PLZZ HELP IN IN A TEST!! 20 POINTS AND BRAINLIEST FOR FIRST!
Leokris [45]

Answer:

A. planning

:)

8 0
2 years ago
Claire is 25 years old. She owns an editorial services firm. The average age of her employees is 30. Claire prefers to hire new
Grace [21]

Answer:

In the given scenario, the age discrimination that Claire displays could be because she believes that:

B) older workers are not interested in learning new things.

Explanation:

A manager is someone who controls and manages the resources in a company, firm or an organization. A major management role is the hiring of new employees. Employees form the backbone of any company, the type of employees that constitute an organization are always determine if the business will be a success or a failure. Hiring employees should be taken very seriously to ensure that their qualities are in line with the organizations goals and ambitions.

In the case above, Claire who owns an editorial services firms uses age discrimination criteria to hire her employees. This is evident by the fact that the average age of her employees is 30, meaning they are still considered youths since they are under below 35 years of age. Most managers like Claire use such tactics in hiring due to their personal beliefs. Some age discrimination hiring strategies are used because the hiring managers feel like older workers are usually not interested in learning new things.

5 0
2 years ago
In which of the following scenarios would enforcement of specific performance be appropriate? Multiple Choice Your bookstore agr
Gnom [1K]

Answer:

Correct Answer:

2. You order 3 gallons of white ceiling paint from a local store, and the store breaches by not delivering or making available to you the 3 gallons.

3. You own the pistol used by Hamilton and contract to buy the pistol used by Burr in the Hamilton-Burr duel to complete your set, but despite the contract the Burr pistol owner refuses to sell at the last minute.

1.  Your bookstore agrees to order a textbook for you but breaches its contract with you by canceling the order the next day.

Explanation:

In enforcement of specific performance is applied in situations where there there is an established contract that has was not honored. This bridge of contract would then trigger performance enforcement.

3 0
2 years ago
Suppose the price of a Snickers candy bar is $2.00 at both the airport and the grocery store. The price elasticity of demand for
MaRussiya [10]

Answer:

the same

Explanation:

Price elasticity of demand is the change in the quantity demanded or purchased of a product in relation to its price change. In this equation, place has no effect on the price elasticity of demand. Therefore, for a snickers candy whether is sold at airport or at the grocery store the price elasticity of demand is the same.

5 0
2 years ago
Read 2 more answers
Other questions:
  • What allows good leaders to be flexible and welcome change without showing signs of resistance?
    9·2 answers
  • Say you own an asset that had a total return last year of 11.65 percent. If the inflation rate last year was 2.75 percent, what
    7·1 answer
  • Most operating decisions of management focus on a narrow range of activity called the______________.
    15·1 answer
  • Joanna is deciding between consuming Good X and Good Y. At her current level of consumption, her marginal utility per dollar for
    10·1 answer
  • Say that Alland can produce 32 units of food per person per year or 16 units of clothing per person per year, but Georgeland can
    7·1 answer
  • IKEA employees are inspired to work hard by an anecdote from their Swedish founder, Ingvar Kamprad, who told how he was berated
    7·1 answer
  • Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes
    9·1 answer
  • MC Qu. 112 A company is considering... A company is considering the purchase of new equipment for $105,000. The projected annual
    15·1 answer
  • One major benefit of using the Bank Feeds feature in QuickBooks Online is that as you _________________ or __________________ tr
    8·1 answer
  • Zeffer is a small but growing bottling company that competes with large soft drink heavy-hitters. To set itself apart, Zeffer ha
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!