FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

> Grialps A firm has $800 in Inventory. $1.400 in fbxed assets. $500 in accounts receivables, $100 in net working capital and $50 in cash.

image text in transcribed

> Grialps A firm has $800 in Inventory. $1.400 in fbxed assets. $500 in accounts receivables, $100 in net working capital and $50 in cash. What is the amount of the current liabilities Select one: O a $1,350 O b. $1.250 O c. $3.950 O d. 51.150 53.750 Previous page Next page 0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Electronic Waste An Actual Gold And Silver Mine

Electronic Waste An Actual Gold And Silver Mine

Authors: Antonio Alcivar

1st Edition

979-8367641059

More Books

Students also viewed these Finance questions

Question

★★★★★
At the end of the current period, Agler Inc. had a projected benefit obligation of $400,000 and pension plan assets (at fair value) of $350,000. What are the accounts and amounts that will be...

Answered: 1 week ago

Question

★★★★★
XYZ Company had a $9,300 credit balance in the allowance for bad debts at January 1, 2023. At December 31, 2023, XYZ Company prepared the following aging schedule: Based on the above aging schedule,...

Answered: 1 week ago

Question

★★★★★
e. The Federal and state gasoline tax.

Answered: 1 week ago

Question

★★★★★
On July 23, Louie Company sold goods costing $3,000 on account for $4,500. The terms of the sale were n/30. Payment in satisfaction of $3,000 of this amount was received on August 17. Also on August...

Answered: 1 week ago

Question

★★★★★
Please provide each step. Thank you Problem 16-13 Finding Percentage of Total Return (LO16-4] Assume that one year ago, you bought 260 shares of a mutual fund for $19 per share and that you received...

Answered: 1 week ago

Question

★★★★★
The following information relates to a manufacturing company that produces special machines made by order.The company has 3 outstanding jobs: Job A320, Job A321, and Job A322. $180,000 worth of...

Answered: 1 week ago

Question

★★★★★
Current Attempt in Progress The following transactions of Beltville College transpired during 2025. The funds necessary are the Endowment Fund, the Annuity Fund, the Plant Fund-Unexpended, the Plant...

Answered: 1 week ago

Question

★★★★★
Given Information:" Enter a formula in the place of each "?" Make sure to use a conditional statement in cell D33. 1 Cash on hand at the company and not yet deposited at the bank. 5,475 2 EFT for...

Answered: 1 week ago

Question

★★★★★
B. Franc earns $15 an hour as a delivery driver. His company also pays him $30 a week for car maintenance. What is the function that describes Franc's weekly earnings? 1 answer

Answered: 1 week ago

Question

★★★★★
1. Matilda has been highly agitated for the past 2 weeks, particularly when watching TV. She believes that news stories about crimes occurring nationally are directed at her and that the reporters...

Answered: 1 week ago

Question

★★★★★
Greg, 40, and Melanie, 38, come to therapy with their son Adrian, who is 13. Greg explains that Adrian has always been a little different. He describes his son as a reader and a dreamer who was...

Answered: 1 week ago

Question

★★★★★
2. How many recessions has the U.S. experienced since 1950? Which ones were the longest in duration? Which ones were the most severe in terms of declines in real output? LO1

Answered: 1 week ago

Question

★★★★★
3. Use the following data to calculate (a) the size of the labor force and (b) the official unemployment rate: total population, 500; population under 16 years of age or institutionalized, 120; not...

Answered: 1 week ago

Question

★★★★★
1. What are the two primary phases of the business cycle? What tends to happen to real GDP, unemployment, and inflation during these phases? LO1

Answered: 1 week ago

Previous Question Next Question