Ann just purchased $10,000 of stock. She paid $8,000 in cash and borrowed the remaining $2,000 needed to pay for this purchase. If you constructed a balance sheet reflecting this transaction, the total assets would be (provide the numerical answer with no symbols, commas or other punctuation and round your answer the nearest dollar)
Solved
Show answers
More tips
- F Food and Cooking Ginger: A Universal Ingredient for Various Dishes...
- A Auto and Moto Which alarm system to choose?...
- C Computers and Internet Porn Banner: What It Is and How to Get Rid Of It?...
- F Food and Cooking How many stages of coffee roasting are there?...
- F Food and Cooking From Latte to Espresso: Which Coffee Drink is the Most Popular on Earth?...
- F Food and Cooking Experts Name Top 5 Healthiest Teas...
- C Computers and Internet Google Search Tips and Tricks: Everything You Need to Know...
- H Health and Medicine Discover the Hidden Principles and Real Results of the Japanese Diet...
- H Health and Medicine Liver Cleansing - Rejuvenation for the Body?...
- S Style and Beauty Is Photoepilation the Solution to Unwanted Hair Forever?...
Answers on questions: Business
- B Business This is for Accounting 1...
- B Business Environmentalists are concerned about emissions of sulfur dioxide into the air. the average number of days per year in which sulfur dioxide levels exceed 150 milligrams per cubic...
- B Business Suppose there is a 6 percent increase in the price of good x and a resulting 6 percent decrease in the quantity of x demanded. price elasticity of demand for x is a. 0 b. 6 c....
- B Business Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost...
- B Business In a recent annual report, apple computer reported the following in one of its disclosure notes: warranty expense: the company provides currently for the estimated cost for product...
- B Business Make a list of at least 3 startup costs this company would have....
- B Business Camp manufacturing turns over its inventory 5 times each year, has an average payment period of 35 days, and has an average collection period of 60 days. the firm has an annual...
- B Business Orion iron corp. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at the end of the year, as if it uses a periodic inventory...
- B Business Consider an economy described as follows: y 5 c 1 i 1 g. y 5 8,000. g 5 2,500. t 5 2,000. c 5 1000 1 2/3(y2t ). i 5 1,200 2 100r. a. in this economy, compute private saving, public...
- B Business Lorenzo, a full-time college student, graduates and is immediately employed. decreases increases neha, a stay-at-home mom, starts looking for a job as her kid enters elementary...
Ответ:
The correct answer is Step 2. Mariah didn't need to multiply 1 over 4 in the first step.
(Hope this kinda helps) Sky