Answer:
a. liabilities are $32,000
Explanation:
Note: In question part $75,000 shall represent equity, as there are only 3 parts of balance sheet assets, equity and liabilities, if assets are given liabilities is what we need to calculate the missing is equity.
Thus, $75,000 is treated as equity.
In that case we have,
Assets = Equity + Liabilities
$107,000 = $75,000 + Liabilities
Assets - Equity = Liabilities
$107,000 - $75,000 = Liabilities
$32,000 = Liabilities
Therefore, correct option is
a. liabilities are $32,000
Answer:
Tax loss=$23500
Explanation:
Total shares bought=Shares bought on 1st October+shares bought on October 28th October
Where;
Shares bought on 1st October=$22,500
Shares bought on October 28th October=$19,000
Replacing;
(22500+19000)=41500
Total shares bought=$41500
Total shares sold=shares sold on 12th October=$18,000
Tax loss=Total shares bought-Total shares sold
(41500-18000)=$23500
Tax loss=$23500
Answer:
0.45
Explanation:
Total Asset turnover is the relationship between the total asset and the total sales. It measure the turnover generated by assets and shows how fully a company is utilizing its assets.
It is calculated as Net Sales / Average Total asset.
Average total asset is calculated as Asset at Beginning + Asset at closing / 2
Applying the formula
The total sales = $900,000 while the total asset is $2, 000,000
$900,000/$2,000,000 = 0.45
Note: The beginning and closing Asset were not given so $2,000,000 is regarded to as the average asset.
Answer:
Explained below:
Explanation:
We can use this observation to improve our pattern of studying for our four or five college courses this semester by following ways:-
1. We must study all of our courses each day, giving one hour to each.
2. We must give entire days to studying for each course instead of turning backward and forward between subjects during the day.
3. We must take only more classes each semester that have absolutely nothing to do with one another, going through these instructions we can improve our productivity during studying for different type of courses.
Answer:
SEP-IRA
Explanation:
It's a retirement savings plan made by employers including people that are self-employed for the benefit of their employees and themselves. The employer may make tax-deducible contributions for certain employees towards their SEP-IRA
families use to pool their money to make special purchases
use special methods to help people save money
people use to get large discounts at specific stores
are designed to give banks more money to work with
monopolistic competition
oligopoly