What is shareholders' equity?Cash balances $10,000Inventory of sofas $200,000Store and property $100,000Accounts receivable $22,000Accounts payable $17,000Long-term debt $170,000Classified Balance Sheet:A balance sheet is one of the four financial statements prepared by any firm for a given financial period. A balance sheet shows the financial position of a company at the end of a given financial period. It consists of 3 broad categories, namely, assets, liabilities and shareholders' equity.

Answers

Answer 1
Answer:

Answer:

Part (a) The shareholders equity is $145,000

Part (b) Option B best describes the balance sheet

Explanation:

Part (a)

Equity can be calculated from the following formula:

Equity = Assets - Liabilities

By putting the values, we have:

Equity = ($10,000 cash + $200,000 Store  + $100,000 Property + $22,000 Accounts receivable) - ($17,000 Accounts payable + $170,000 Long-term debt)

Equity = $332,000 + $ $187,000 = $145,000

Part (b)

The reason is that the balance sheet presents the financial position of the company and financial position means how much the company is worth?, how much it has to pay its debts? and how much it has financed assets from its personal funds (equity and retained earnings). Balance sheets are published at the end of each accounting period. So option b is correct option here.


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Shelby is in a college course for half the day and then goes to high school. What program is she in?

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The name of the program she is in is DUAL CREDIT.
Dual credit program is a type of educational program which allows students which are still in the secondary schools [high school] to take college subjects that count toward both levels. Students participating in dual classes usually receive college credits for specific courses offered at their secondary school. Dual Credit programs are usually approve by the ministry of Health. 
Dual Credit
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Privacy concerns dictate that

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Privacy concerns dictate that you should always enter mass email address into the BCC

In email, BCC stand for Blind Carbon Copy. Using BCC to send mass email adress will protect the information of the original Email sender

Pedro was tasked with creating the marketing message for the company’s new product line. Before he begins to craft his marketing message, what is the first question he should answer?

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Answer:

how to create value for customers ???

Explanation:

The American Marketing Association, the official organization for academic and  professional marketers, defines marketing as:

"Marketing is the process of planning and executing the conception,

pricing, promotion and distribution of ideas, goods and services to create

exchanges that satisfy individual and organizational objectives"

Marking is all about Understanding What Customers Value  and how to provide it to them.

Answer:

What are the company's goals, objectives, and marketing strategies?

Explanation:

What is the best way to put together a 4 plan? A. Develop the plan as a whole so that it's unified.
B. Prepare the introduction and overview first so you have some direction.
C. Concentrate on the section that you know most about.
D. Give your full attention to each section, without distraction.

Answers

The answer is A. Develop the plan as a whole so that it's unified

Many businesses failed because they focus too much on the big picture to the point where they don't pay any attention to the technicalities

Your business should cover all aspect of your business as a whole from production, organization, budgeting, marketing, distribution, future projection, ec

Recommended way in whuch businesses can contribute time and efford to advance the well being of others in a business context ib the improving the general quality of life

Answers

The answer is settling on morally revise business choices.

The Federal Application for Student Aid (FAFSA) form:

Answers

The Federal Application for Student Aid (FAFSA) form: is a form that can be prepared yearly by current and prospective undergraduate and graduate college students in the U.S.  to determine their eligibility for student financial aid.
 FAFSA shouldn't be confused with the CSS Profile-- a fee-based product of the College Board and usually used by colleges to distribute their own institutional funding rather than federal or state.

Final answer:

The Federal Application for Student Aid (FAFSA) is an annual form for U.S. college students to determine their eligibility for student financial aid. The FAFSA collects information about the student and their family's finances to calculate the Expected Family Contribution (EFC), which colleges use to ascertain need and determine aid.

Explanation:

The Federal Application for Student Aid (FAFSA) form is a crucial document that can be filled out yearly by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid, such as federal grants, work-study, and loans. Completing the FAFSA is the first step toward obtaining federal aid and is also often required by colleges for determining scholarships. This form collects information about the student and their family's financial situation to calculate the Expected Family Contribution (EFC), a number that colleges use to ascertain their financial need and determine how much aid they can receive.

Learn more about FAFSA here:

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