the following financial information is from shovels construction company: accounts payable $ 13,000 buildings 87,000 cash 10,600 accounts receivable 10,300 sales tax payable 4,000 retained earnings 46,100 supplies 41,400 notes payable (due in 18 months) 30,000 interest payable 2,600 common stock 53,600 what is the amount of current assets, assuming the accounts above reflect normal activity?

Answers

Answer 1

The amount of current assets to Shovels Construction Company, assuming normal activity, is $ 62, 300

How to find the current assets ?

The current assets of a company are those that the company owns and will derive financial benefit from, within the period of a year or that financial trading period.

The current assets in this case, to the company of Shovels Construction Company are:

= Cash + Accounts receivable + Supplies

= 10, 600 + 10, 300 + 41, 400

= $ 62, 300

In conclusion, the current assets are $ 62, 300.

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Related Questions

please help me!!! I literally have no clue what it is​

please help me!!! I literally have no clue what it is

Answers

Answer:

Critical Thinking,Mathematics, and Operation and Control.

Explanation:

What effect do online library catalogues have on physical libraries? They make libraries easier to use by allowing students to search for titles and confirm they're available before going to the library building. They damage libraries by competing with them and being more accessible for everyday people. They improve library stock by making it easier for library staff to confirm what books they have available quickly. They undermine libraries' ability to function properly by taking away many of the services they usually offer.

Answers

Answer:

They make libraries easier to use by allowing students to search for titles and confirm they're available before going to the library building

Explanation:

A library catalogue can be defined as a register of all books and other reading materials housed in a library and arranged according to a predetermined bibliographic pattern. Library catalogues contain specific items of bibliographical information intended to help the library users identify and locate materials in the library.

The advantage using an online catalogue is that materials in the library can be searched rapidly and remotely.

In terms of SUPPLY, what factors have contributed to the fall in oil prices?

Answers

Current supply and output. Until recent years, Organization of Petroleum Exporting Countries (OPEC) often set supply through a quota system.

find out what has happened to UK Industry over the past 10 year
and why is this?

Answers

It has increased over time due to increase in population as more people means more demand for resources
Over the past 10 years, the UK industry has been significantly declining. The reason for this was a desire to modernize economy and it failed. From 2007 to 2022, the United Kingdom has been struggling.

prepare a statement of retained earnings for the year ended december 31. the retained earnings account balance was $4,500 on december 31 of the prior year. sierra company

Answers

SIERRA COMPANY Statement of Retained Earnings               For the year ended December 31

Retained earnings, December 31 prior year end       $35,800

Add: Net income                                                            $11,500

Total                                                                                $47,300

Less: Dividends                                                             $4,000

Retained earnings, December 31 current year end    $43,300

Therefore, the retained earnings of Sierra Company for the year ended December 31 is $43,300.

Full question "Prepare a statement of retained earnings for the year ended December period. SIERRA COMPANY Statement of Retained Earnings Retained earnings. December 31 prior year end Add: Net income 11,500 28,300 Less: Dividends 39,800 4,000 Retained earings, December 31 current year end $ 35,800

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what are the main duties and responsibilities of a Hotel manager​

Answers

Answer:

Here are some:

recruiting, training and supervising staff.

managing budgets.

maintaining statistical and financial records.

planning maintenance work, events and room bookings.

handling customer complaints and queries.

promoting and marketing the business.

Hope it helps you pls mark me brain list.

Answer:

The main duties and responsibilities of the hotel manager are as below:

Explanation:

1) Recruiting, training, and supervising staff.

2) Managing budgets.

3) Maintaining statistical and financial records.

4) Planning maintenance work, events, and room bookings.

5)Handling customer complaints and queries.

6) Promoting and marketing the business.

What type of business sells to the end consumer?

Will mark brainliest!!

Answers

Answer:

retail sells to the end consumer

Answer Retailers. Retailing, the merchandising aspect of marketing, includes all activities required to sell directly to consumers for their personal, nonbusiness use. The firm that performs this consumer selling—whether it is a manufacturer, wholesaler, or retailer—is engaged in retailing.r: Direct selling is selling products directly to consumers in a non-retail environment. Instead, sales occur at home, work, online, or other non-store locations. Learn more about direct selling to help you consider different revenue streams and avoid potential scams.

hope this helps have a great night ❤️❤️❤️

Explanation:

What is the maximum amount of time the food worker should diced tomatoes before changing his gloves.

Answers

If a worker is performing the same task, the gloves must be changed every four hours because that's long enough for pathogens to multiply to dangerous levels. Anytime the gloves become contaminated, they must be changed.

A pathogen is defined as an organism causing complaint to its host, with the inflexibility of the complaint symptoms appertained to as acridity. Pathogens are taxonomically extensively different and comprise contagions and bacteria as well as unicellular and multicellular eukaryotes.

In biology, a pathogen in the oldest and broadest sense is any organism or agent that can produce a complaint. A pathogen may also be appertained to as a contagious agent, or simply an origin. The term pathogen came into use in the 1880s. Pathogens include contagions, bacteria, fungi, and spongers that foray into the body and can beget health issues. Anthrax, HIV, Epstein- Barr contagion, and the Zika contagion, among numerous others, are exemplifications of pathogens that beget serious conditions.

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when a customer places an order (on account) for a certain product, what should be done before the order is checked for inventory availability? group of answer choices the customer's available credit should be checked. the sales order should be created and written to a file. shipping should be notified of an order in process. a picking list should be generated for the warehouse.

Answers

When a consumer orders a product (on account), the customer's credit limit should be examined.

How can I find out what credit is available?

The amount you still have to spend throughout a payment cycle is your available credit. By deducting your current balance from the card's credit limit, you may figure out how much credit you have available.

When should customers run a credit check?

It is advised by the CFPB that you review your credit reports at least once each year. But monitoring your credit history and active credit accounts more frequently can provide you with a more realistic picture of your financial situation, so you might want to think about getting a free credit report every four months.

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**ECONOMY**

Taxation that allows higher-income people to pay less of their income on taxes than lower-income people is called:

A. regressive taxation
B. progressive taxation
C. proportional taxation
D. indirect taxation

Answers

Answer:a

Explanation:

4. Consumption as a component of GDP refers to the expenditure of A. banks. B. household. C. producers. D. government.
PLEASE TELL A
B
C
D​

Answers

The answer is house hold

I need help bruh. Prereading activities include A. concept mapping B. discussion C. Questioning D. all of these​

Answers

All of these
Explanation

Answer:

D  

All of these

Explanation:

The commute times for the workers in a city are normally distributed with an unknown population mean and standard deviation. If a random sample of 27 workers is taken and results in a sample mean of 22 minutes and sample deviation of 3 minutes, find a 95% confidence interval estimate for the population mean using the student's t-distribution.

Answers

If the commute items for the workers in a city are normally distributed with an unknown population mean and standard deviation. Using the student's t distribution 95% confidence interval for the sample mean is 20.8129 and 23.1870

To calculate a 95% confidence interval.

Given Data

size n = 27 ,  sample mean = 22 ,  standard deviation = 3.

Here the 95% CI is given as,

× ±  t*s/\(\sqrt{n}\)

t{(n-1),\\(\alpha\)}=t_{(27-1),0.05} = 2.056

(22± 2.056*3/\sqrt{27})

(22- 2.056*3/√27, 22+ 2.056*3/\sqrt{27})

( 22 - 1.1870 , 22 + 1.1870)

( 20.8129 , 23.187)

Thus , 95% confidence interval for sample mean is ( 20.8129 , 23.1870).

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every business uses the same journal to record transactions. True or false?

Answers

False, every business does not use the same journal to record transactions.

A journal is a record of financial transactions that are recorded in chronological order. It's a basic record-keeping tool that contains financial data that's used to create financial statements. A journal is often referred to as a book of original entry because all accounting transactions must be recorded and stored in it. The journal is where all accounting transactions begin, and it's important to have an organized and accurate journal so that you can track all of your transactions.

In general, there are five types of journals used in accounting, including the sales journal, cash receipts journal, purchases journal, cash disbursements journal, and general journal. The type of journal used depends on the type of transaction that is being recorded. For example, sales transactions are recorded in the sales journal, while purchases are recorded in the purchases journal.

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David Harbert recently started a business. During the first few days of operation, Mr. Harbert transferred cash from his personal account into a business account for a company he named Harbert Enterprises. Mr. Harbert’s brother, George, invested cash in Harbert Enterprises for which he received a 25% ownership interest in the company. Harbert Enterprises borrowed cash from First Federal Bank. Harbert Enterprises paid cash to purchase a building from City Properties, Inc. How many reporting entities are mentioned in this scenario

Answers

Answer:

5

Explanation:

A reporting entity is any entity in men or organizations that depends on the financial report produced by an organization for an understanding of the financial performances and position for the purpose of decision making. This can be investors and other stakeholders in the business.

In the scenario given , the relative parties that will rely of the financial report are

David Herbert  as the Entrepreneur , Herbert Enterprises which prepare the report ,George , Herbert's brother an investor , First federal bank , a loan provider and City properties.

Why is term life insurance better than whole life insurance?

Answers

Answer:  Term life is “pure” insurance, whereas whole life adds a cash value component that you can tap during your lifetime. Term coverage only protects you for a limited number of years, while whole life provides lifelong protection—if you can keep up with the premium payments.

Explanation:

A bag contains 28 blue and green tiles. The bag contains two blue tiles for every 5 green tiles. Which proportion can be used to find y, the total number of green tiles in the bag?

Answers

Answer:

8 blue tiles and 20 green tiles in the bag

Explanation:

Let b represent the number of blue tiles and g the number of green tiles. Since bag contains 28 blue and green tiles hence:

b + g = 28            (1)

Also, there is two blue tiles for every 5 green tiles, hence:

2g = 5(b);

5b - 2g = 0           (2)

Multiply equation 1 by 5 and subtract equation 2 from the result:

7g = 140

g = 20

b + g = 28; b + 20 = 28

b  = 8

Therefore there are 8 blue tiles and 20 green tiles in the bag

i will give 100 points please help

i will give 100 points please help

Answers

To establish and maintain the store’s brand image in the customer’s mind. It provides support for the rest of the retailer’s selling efforts through display.

instead of the usual cash dividend, evie corp. declared and distributed a property dividend from its overstocked merchandise. the excess of the merchandise's carrying amount over its fair value should be

Answers

The excess of the merchandise's carrying amount over its fair value should be recognized as a loss.

When a company declares and distributes a property dividend from its overstocked merchandise, the excess of the carrying amount of the merchandise over its fair value should be recognized as a loss. This is because the fair value represents the current market value of the merchandise, which is lower than its carrying amount. Recognizing the loss reflects the decrease in value and ensures that the company's financial statements accurately reflect the true worth of the assets.

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Jon is considering providing substantial funding to a new startup company called Ampére located in Spain. The company is planning to begin producing electric vehicles that are equipped with fully autonomous driving technology in two years. Jon is concerned that customers in Spain are not receptive to fully autonomous cars as recent country-wide research shows that the company ranks 17th (out of 20 countries surveyed) on the autonomous vehicle readiness index. Customers in Spain do not seem to be willing to adopt these technologies yet. Which of the following PESTEL dimensions should Jon most closely follow in order to assess whether customers' attitudes towards autonomous technologies will begin to change in the near future?

a) Technological
b) Economic
c) Sociocultural
d) Ecological
e) Legal

Answers

Answer:

c) Sociocultural

Explanation:

The attidudes of Spanish consumers towards autonomous cars are mainly influenced by sociological and cultural factors, in other words, they belong the sociocultural dimension of PESTEL.

Some of these factors may be: opennes to experience, education level of the population, demographic structure, income distribution, prevailing ideas or ideology in the populace, and so on.

These are the factors that Jon should look closely to in order to determine as objectively as possible the consumer attidue towards autonomous cars, so that he can decide whether or not to start this type of business.

This communication channel is typically used to provide an audience with information about a product or service, usually for informational or persuasive purposes. It is a one-way communication in a visual medium.

Answers

Answer:

Online advertisement

Explanation:

In the ever-increasing technological world, online advertising is an extremely elaborate solution for the sale of any item or service or for the information about that item or service.

The use of online advertisements is usually an elaborate way of providing detailed information about goods and services in which information about goods and services is provided to individuals viewing through movable images, communication in the online advertising technological world.

This is a large medium of information as well as it is also a proper means of giving unilateral information.

Which cable news network produces the most straight reporting?

A. MSNBC

B. ESPN

C. CNN

D. FOX

Answers

Answer:

C.

Have a good morning✨

Answer:

A

Explanation:

expenditures for research and development are generally recorded as

Answers

The expenditure for research and development is generally listed on the income statement under Operating Expenses.

What is research and development?

Research and development (R & D) costs are the costs you incur for activities intended to develop or improve a product or service.

The expenses that are incurred on research and development are recorded in the income statement under operating expenses.

Companies with large R & D departments usually list the costs out separately, while other companies with infrequent R & D costs choose to group them under general and administrative costs.

R & D expenses that do not result in an asset likely to generate revenue should be recorded as an expense on the income statement. On August 1, 2010, this entry was published.

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what are creative unique products example flying water bottle plz don’t give me actual already made products

Answers

Bluetooth water bottle that is waterproof, scented nail polish, Bluetooth earrings, floating/hovering backpack, voice command journals/note books that listen to speech and apply the words onto itself, and a shirt that changes color to perfectly adjusts itself to look good on you no matter what your undertone is.

Need any more ideas?

the pattern of imports and exports that occurs in the absence of trade barriers is called ________.
A. Normal trade relations
B. Trade balance
C. Trade surplus
D. Free trade
E. Most favored nation status

Answers

The pattern of imports and exports that occurs in the absence of trade barriers is called Free Trade. Therefore, the correct option is D.

Free trade refers to the unrestricted flow of goods and services between countries, without any barriers such as tariffs, quotas, or protectionist measures. This allows countries to specialize in the production of goods and services they have a comparative advantage in, which can lead to increased efficiency, economic growth, and overall welfare improvements for all nations involved.

Under a free trade system, countries can benefit from specialization, the efficient allocation of resources, and access to a wider variety of products at lower prices. It can also foster international cooperation and promote peace between trading partners. However, some critics argue that free trade can lead to job losses in certain industries, widening income inequality, and environmental degradation if proper regulations are not in place.

In conclusion, free trade is the pattern of imports and exports that takes place without any trade barriers, allowing countries to maximize their comparative advantages and potentially improve their economies and citizens' welfare.

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the basic types of operational economies through which firms seek value from economies of scope are:

Answers

The basic types of operational economies through which firms seek value from economies of scope are the sharing of value chain activities and support functions.

What is operational economies?

Operating economies, to put it another way, are the decreases in costs per unit made possible by the expansion of a company's operations in terms of both size and scale. Operating economies therefore encompass both economies of scale and economies of scope. Operational economies and operating synergy are synonyms.

creation of goods and services using resources, including natural, human, financial, and entrepreneurial. service and decent distribution. commodities and services are traded. the provision of money.

Thus, the sharing of value chain activities and support functions.

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risk while driving is defined as the probability of _______, damage or loss

Answers

Risk while driving is defined as the probability of injury, damage, or loss.

Driving involves a certain level of risk, as there is always the possibility of an accident or other unexpected event that could result in injury, damage, or loss. The probability of such events occurring can be influenced by a range of factors, including the behavior of the driver, the condition of the vehicle, and the nature of the driving environment. For example, driving at high speeds or in hazardous weather conditions can increase the risk of an accident or other adverse outcomes.

To reduce the risk of harm while driving, it is important to practice safe driving behaviors, such as obeying traffic laws, avoiding distractions while behind the wheel, and maintaining the vehicle in good condition. In addition, it is important to be aware of potential risks in the driving environment, such as the presence of other drivers, pedestrians, or road hazards, and to take appropriate precautions to minimize those risks.

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SpandoCorp is a diversified firm that makes industrial, military and consumer products from Spandex. SpandoCorp manages each of the businesses that it operates in as a separate division and treats each as a true profit-and-loss center. In this organization, Grace McKenna is responsible for deciding which set of businesses SpandoCorp will operate in and for encouraging behavior that is consistent with this strategy, Wells Tucker provides information to McKenna about the internal and external environments that she uses in her decision making, and Kelly Rae is one of the individuals who is responsible for evaluating the firm's decision making to ensure that it is consistent with the interests if equity holders.

Which organizational structure is SpandoCorp using?

Answers

Answer: M-Form or multi-dimensional structure.

Explanation:

Based on the information given, the organizational structure thatt SpandoCorp is using a M-Form structure.

A multidivisional or M-Form structure, is a structure whereby there's one parent company which is made up of several divisions that each operate separate businesses.

Even though all the divisions are owned by the parent company, the divisions are allowed to act independently.

employee turnover that is initiated by the organization is known as ______.

Answers

Involuntary turnover is where the employee has no choice in their termination—for example, employer-initiated due to nonperformance

PLEASE HELP!!!
Money going out of a business is called _BLANK_.

A. income
B. expenses

Answers

Answer:

Expenses

Explanation:

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In the period 1500-1750, Europeans established colonial empires that transformed the global economy and the economy of the Americas develop an argument that evaluates the extent to which colonial economies in the Americas in this period relied on the introduction of new systems of labor John has gross biweekly earnings of $743.61. By claiming 1 more withholding allowance, John would have $19 more in his take home pay. How many withholding allowances does John currently claim? Melinda rents paddle boats down at the pler. She uses 5.5 feet of nylon rope to tle off each boat. She started with 80 feet of rope. After securing all the boats, she was left with more than 3 feet of rope. 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Your choices include: a 40-yr-old violinist who is a suspected narcotics pusher a 60-yr-old architect a 26-yr-old lawyer who will only go in if he can bring his wife the lawyer's 24-yr-old wife who has just gotten out of a mental hospital a 70-yr-old rabbi a 34-yr-old retired prostitute who was so successful that she has been living on her annuities for five years a 12-yr-old girl with a below-average IQ a male high school student who needs a wheelchair to get around a 20-yr-old gang member a 23-yr-old female Catholic graduate student who speaks publicly on the virtues of chastity a 28-yr-old male physicist who will only come into the shelter if he can bring his gun a 19-yr. old college student who has just come out of the closet Which five do you choose? Why did you pick those five? And why didn't you pick the others? Directions - Part 2 (worth 5 points). See the Syllabus under the Course Summary section for the due date. 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