The classified balance sheet for a company reported current assets of $1,624,250, total liabilities of $815,540, Common Stock of $1,160,000, and Retained Earnings of $146,260. The current ratio was 2.5.What is the total amount of noncurrent assets?
A. $649,700
B. $317,990
C. $808,710
D. $497,550
Answer: D
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Identify and discuss the reasons for resistance to change.
What will be an ideal response?
Fern's Flowers established a $400 petty cash fund. The following expenditures were made from the fund:Office supplies$129.00Shipping expense86.50Maintenance expense48.68Miscellaneous expenses44.35A count of the cash in the fund revealed a balance of $89.00.Required:a) Enter the event relating to establishing the fund into the horizontal financial statements model. Indicate dollar amounts of increases and decreases; for accounts that are not affected, indicate NA. For cash flows, show whether they are operating activities (OA), investing activities (IA), or financing activities (FA).b) Assets=Liab.+Stk. EquityRev.?Exp.=Net IncomeStmt. of Cash FlowsCash+Petty Cash???????????????????????b) What is the amount of the check that must be written
to replenish the fund?c) Assuming the company combines the entries to record the disbursements and to replenish the petty cash fund, prepare the general journal entry. What will be an ideal response?
Legal requirements for a will depend on state law, but generally include all but which of the following?
A. a writing B. signatures of at least three witnesses C. the testator's signature D. witnesses who will not inherit under the will
The sample space refers to
a. any particular experimental outcome. b. the sample size minus one. c. the set of all possible experimental outcomes. d. an event.