2. A company has the following liabilities as of December 31: Accounts payable $150,000 Notes payable (current portion) 217,000 Salaries and wages payable 55,000 Installment notes payable 1,140,000 Interest payable 32,000 Payroll taxes payable 15,500 What is the amount of total current liabilities reported on the balance sheet

Answers

Answer 1

The amount of total current liabilities reported on the balance sheet equals $469,500.

Current liabilities entails set of amount or responsibility owed within an accounting period.

Particulars                                       Amount

Accounts payable                          $150,000

Notes payable (current portion)    $217,000

Salaries and wage payable           $55,000

Interest payable                             $32,000

Payroll taxes payable                     $15,500  

Total current liabilities                  $469,500

Therefore, the amount of total current liabilities reported on the balance sheet equals $469,500.

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Related Questions

When a product has gained a certain level of brand awareness, firms use _____ advertising to motivate consumers to take action.

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When a product has gained a certain level of brand awareness, firms use persuasive advertising to motivate consumers to take action.

Persuasive advertising is the advertising modality dedicated mainly to convincing the public for a certain product or service by specifically appealing to their sensory, subjective or emotional factors.

It is the strategy in which the characteristics of a product or service are taken into account, conspicuously highlighted and used to achieve more sales.

Persuasive advertising aims to convince the consumers to make the desired decision.

Therefore, we can conclude that persuasive advertising is a strategy that focuses on showing the most attractive benefits and characteristics to the consumer and uses them to get more sales of the product.

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Question: Choose the products that are regulated by federal tobacco sales law:
C
O Chewing tobacco
Cigars (including regular, little, and flavored cigars)
O Rolling papers containing tobacco as an ingredient
O E-cigarettes & e-liquid
O All of the above are regulated

Answers

All of the above are regulated :)

In a statement of cash flows, the sum of cash inflows and outflows is equal to:

Answers

When in the statement of cashflows, the cash inflows and the outflows are added, the result is the change in the cash balance.

The statement of cashflows shows the movement of cash in a company and how much cash the company is left with at the end of the period.

The statement includes:

Cash outflows which are deductions Cash inflows which bring in money

Cash outflows are denoted in negatives and when added to cash inflows, show the change in the cash that the company has / its balance.

In conclusion, adding the cash inflows and outflows shows the change in cash.

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Lanie tells her sales manager that she will be devoting more effort to ____ in the coming weeks, as her list of potential customers has dwindled below the level of 30 firms recommended by the selling plan.

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Lanie tells her sales manager that she will be devoting more effort to prospecting in the coming weeks, as her list of potential customers has dwindled below the level of 30 firms recommended by the selling plan.

Prospecting in sales is when a potential customer is being targeted before converting to an opportunity. It is the first step in sales process which entails creating sales opportunities.

Every businesses, firms, organizations usually have what is called selling plan, which is a tool in helping business succeed in sales. It helps to benchmark where an organization is and where they wish to be and then make adjustments to achieve their goals.

The selling plan is what will guide Lanie so that she would be able to achieve her sales prospect and then possibly convert them to opportunities inorder to meet her target.

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You've just landed a new job as the chief marketing officer for John Deere, manufacturer of agricultural, construction, and gardening equipment. You want to make sure you're using the best distribution channel strategy for reaching both B2B and B2C sales. In evaluating your company's needs, what do you decide is the best approach

Answers

You are more likely to sell larger quantities of products to a B2B client

PLEASE HELP ME ON THIS QUESTION!!!! I WILL GIVE 5 STARS, A THANKS, AND BRAINLIEST!!!!
What is the best way to avoid gossip in the workplace?

Keep communication professional

Avoid joining cliques

Avoid joining teams

Only use positive verbal communication

Answers

Answer:

A the others seem incorrect

Answer:

the best way is to be nice and only use positive verbal communication so everyone likes eachother

Exporting is an entry strategy that requires the ______ financial risk and allows a(n) ______ return to the firm.

Answers

Answer:Least; Limited

Explanation:

When forming a business strategy, the firm needs to compare the cost advantages and drivers of uniqueness across its different activities and compare with that of other firms. True False

Answers

True I think don’t make and answer off me think harder about it

Shout Magazine focuses its marketing efforts on reaching teen-aged girls interested in fashion and celebrity culture. The firm believes that they are positioned to profitably serve this group of consumers. Shout utilizes the strategy of

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Considering the situation described above, Shout utilizes the strategy of Concentrated Marketing.

Concentrated Marketing is a type of Marketing strategy whereby firms or companies direct all endeavors and resources to develop and market a product for a particular target group segment.

Thus, when Shout Magazine focuses its marketing efforts on reaching teenaged girls interested in fashion and celebrity culture, this is a form of Concentrated Marketing.

Concentrated Marketing is often referred to as Niche Marketing, and it is considered more effective in small businesses.

Hence, in this case, it is concluded that the correct answer is "Concentrated Marketing."

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A response strategy requires suppliers be selected based primarily on A. being willing to share information. B. capacity, speed, and flexibility. C. cost. D. product development skills.

Answers

Answer:

D

Explanation:

Hope this helps

according to maslow’s hierarchy of needs, joining a leadership development group is an example of the self-actualization need.

Answers

According to Maslow’s hierarchy of needs, when one joins a leadership development group, it is an example of the self-actualization need. Therefore, it's true.

Self-actualization need simply means the realization of the potential of a person. It's self-fulfillment, and the desire to accomplish a particular thing.

In this case, joining a leadership development group is an example of the self-actualization need. In such a situation, the personal goal or desire of the person is accomplished.

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consider the pharmaceutical company mylan that produces epinephrine injection devices called epipens. in the presence of other firms producing substitutes for this good, the price of epipens is $150.

Answers

From the information given, when the price is $150, it should be noted that the firm will earn a negative economic profit.

From the information, it was stated that in the presence of other firms producing substitutes for the good, the price of epipens is $150.

It should be noted that profit will be maximized when the marginal revenue and the marginal cost intersects. Therefore, when the price is $150, the average total cost will lie above the demand curve. Therefore, the firm earns a negative economic profit.

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Question 4 of 10
Which of the following is not a characteristic of both experiments and
surveys?
A. The researcher exercises direct control over at least one variable.
B. The data collected might be studied for patterns.
C. Subjects should be randomly selected.
D. Data are collected about a population.
SUBMIT

Answers

Answer:

C, Subjects should be randomly selected.

If you want a good result, you shouldn't throw random subjects in your survey.

I hope this helped at all.

The answer is c hope that helps you

Transactions between a company and its stockholders affect the company's _____ accounts only. Multiple choice question. income statement asset liability balance sheet

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The balance sheet alone is affected by transactions between the company and its stockholders.

The balance sheet is a financial statement which reports the assets, liabilities, shareholder equity of a firm at end of an accounting period.

The reason the balance sheet is only affected is because its accounts for stockholders transactions alone. Account such as Income statement, Trial balance does not account for this transaction.

Therefore, the Option D is correct because the balance sheet alone is affected by transactions between the company and its stockholders.

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Did you realize before this unit that a speaker had an ethical obligation to their audience when creating and giving a presentation? What do you think is the most challenging aspect about being an ethical speaker?​

Answers

Answer:

confidence and not moving out of point

Explanation:

a speaker must be confident and focus on the point while given out a speech so that the speech great and the massaged will be pass

This unit that a speaker had an ethical obligation to their audience's confidence and not move out of point. The challenges are there.

What are the challenges?

The term challenges refer to the hurdle which has been faced by the person in it, there are life or career as well these can be the challenges as we see the famous personality has more challenges in their life as compared to the others in it as we see the challenges the early period was more than this period.

Speakers had an ethical obligation to their audience when creating and giving a demonstration, Challenges This unit that a speaker had ethical social control over their audience's self-assurance and did not move out of point. The challenges are there. Making and giving a presentation.

Therefore, a speaker had an ethical obligation to their audience's confidence, and not moving out of point challenges are being there.

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Why is account management important in the vegetable farming ? give reason . ​

Answers

Answer:

Money

Explanation:

The expected result of farming would be to make money, account management would help the most in making money. With account management, you can see how well your farm is producing money which in turn can tell you if you are growing quality crops or a crop that your clients want the most.

Answer:

It is important to appreciate the fact that modern business management principles can assist the farmer or farm manager, no matter how small his farm may be and however meager his capital. This is because of the two major tasks facing today’s farm managers.

Explanation:

Importance of agriculture in the Food supply Agriculture is the world’s leading source of food items. All the food substances that are essential viz. Agriculture produces vegetables, proteins, and oils. The carbohydrates provide all living beings with energy.

Reductions off the list price offered to resellers in the marketing channel on the basis of where they are in the channel and the marketing activities they are expected to perform in the future are called ______ discounts.

Answers

Answer: Trade

Explanation:

If I have dual citizenship should I say yes on my college applications?

Answers

Answer:

i don't think so 1 citizenship is all it takes

If a company develops an advertising campaign exclusively for a segment of consumers with a certain income and education, which segmentation variable is the company using?

Answers

answer:

Demographic

(Just got this question)

What are the purposes of financial regulations? Choose three answers. To make business competitive to enforce government intervention to limit and prevent monopolies to allow businesses to collaborate to ensure only one business can operate to place regulations on prices.

Answers

The purposes that financial regulations serves are:

to make business competitiveto limit and prevent monopoliesto place regulations on prices

Financial regulations can be regarded as the body that oversee the behavior of the those involve in the market.

The carry out different activities such regulations on prices so that consumers and producer can enjoy the market.

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Answer:

A,C,F

Explanation:

A form of sales promotion that offers prizes based on a chance drawing of entrants’ names is referred to as a

Answers

The term that describes form of sales promotion where prize is been offered based on a chance whereby  entrants’ names are drawn is sweepstakes.

Sweepstakes can be regarded as a race or contest whereby there is allocation of the entire prize to the winner specifically.

In this case the prize is drawn base on entrants’ names.

Therefore, sweepstakes is the correct term.

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Commission merchants are __________ who receive goods, primarily agricultural products, on consignment.

Answers

Answer:

Dealers

Explanation:

A document that explains why a business goal is beneficial and details how resources and funds will be allocated to meet the goal is known as a business: ______

Answers

A business plan is the document that outlines why a business goal is beneficial as well as details of how resources/funds will be allocated to meet the goal.

A business plan is like a map for a business.

Usually, a business plan formally outlines the goals of the company and shows the tasks and financial measures that must be performed and adopted to reach accomplish those big goals.

In other word, the business plan is a tool of organization, direction and communication and serves as basis to develop a financial plan.

In conclusion, the correct answer is  a business plan.

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I sent a survey to severalpersonnel departments to determine how many companies use online job resources

Answers

How did it go?????????

If an insurance company underwriters discovers that an applicant for a homeowners policy has been convicted of submitting a fraudulent claim to an insurer in the past, he may reject the application as a a. Morale hazard b. Certainty of loss hazard c. Moral hazard d. Legal hazard

Answers

Answer:

b

Explanation:

Opportunity, profit, independence, and challenge are some reasons people are willing to take the risks of being a(n)

Answers

Answer: entrepreneur

Explanation:

primary costs to the company, such as payments to artists and staff who maintain the threadless website, come out of which budget?

Answers

The operating budget make provision for primary costs such as payments to artists and staff who maintain the website,

The operating budget refers a detailed projection of expenses, expected future costs, and fore-casted income over a period of time

This budget helps to make plans for the income and expense departments expected in the business,

In conclusion, the operating budget is the budget that make the provision described in the question.

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Countries in which people live on less than $1,000 a year are generally concentrated in what region of the world

Answers

I think its Antartica

which act governors partnership firm??​

Answers

Answer:

Partnership firms in India are governed and regulated by the Indian Partnership Act, 1932. Partners are the individuals that join together to form a partnership firm. A contract between the partners establishes the partnership firm.

Explanation:

Because the amount paid is linked to certain predefined behaviors or outcomes, ______ is specifically designed to energize, direct, or maintain employees' behavior.

Answers

Answer:

Umomgey

Explanation:

Based on the amound paid by the FKSA, you will be able to govern an employees relations and beahviors.

Incentive pay  is specifically designed to energize, direct, or maintain employees' behavior.

What is Incentive pay  ?

Performance-based compensation known as incentive pay pays an employee for achieving predetermined goals or objectives. This payment may be made in the form of cash, stocks, extra paid time off, gifts, etc.

Instead of paying for the amount of hours worked, incentive pay is a monetary reward for achievement. The theory is that the possibility of cash reward will encourage the employee to meet specific performance goals or financial targets.

The basic goal of incentives is to tightly link employee rewards to their accomplishments. By offering greater remuneration for superior performance, this tie is achieved. Individuals will typically work harder because their performance depends on producing more and getting more rewards.

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