Answer:
The value of total liabilities is $155.031 million and option c is the correct answer.
Explanation:
The basic accounting equation states that the total value of assets is always equal to the sum of the total value of liabilities and the total value of equity.
Thus, we can say that,
Total Assets = Total Liabilities + Total Equity
The equity part can contain various components. In the given question it has two components namely Common Stock and retained earnings.
205.498 = Total Liabilities + (6.350 + 44.117)
205.498 = Total Liabilities + 50.467
205.498 - 50.467 = Total Liabilities
Total Liabilities = $155.031
Answer:
Both A and B
Explanation:
The original record that contains details that substantiates or supports the original document which will be entered in accounting system is called source document.
They describe basis facts such as amount, purpose and date.
Cancelled checks, credit card receipts and supplies invoices, cash register tapes are examples of source documents.
Firms are known to have goals. the first activity the organization should pursue as part of its strategic planning process is to;
- Review or establish the organization's mission and goals.
<h3>What is the mission and goals of the Organization about?</h3>
The mission of any firm is said to show or depicts the organization's past and present by using or stating why the organization exists.
It also talks about the role a firm plays in society. Goals are said to be some key aims that organizations have to pursue so as to reach their visions and missions.
The best goals are regarded as SMART. which means: specific, measurable, achievable, realistic, and time-bound.
Learn more about organization's mission from
brainly.com/question/4269555
Answer:
A.you have plenty of cash flow and are looking to grow with new equipment.
Explanation:
Sana makatulong po sainyo/ihope it helps for you
<span>) Imagine you have a friend who lives in an exciting place you have never visited: New York City, Ciudad de Mexico, etc. You are about to visit your friend for the first time, you are excited and have many things you want to do, but also have a lot of questions. On a sheet of paper, write a letter to your friend to prepare for your trip. </span>