Assume that denis savard inc. has the following accounts at the end of the current year. 1. common stock. 14. accumulated depreciation-buildings. 2. discount on bonds payable. 15. restricted cash for plant expansion. 3. treasury stock (at cost). 16. land held for future plant site. 4. notes payable (short-term). 17. allowance for doubtful accounts. 5. raw materials. 18. retained earnings. 6. preferred stock investments (long-term). 19. paid-in capital in excess of par-common stock. 7. unearned rent revenue. 20. unearned subscriptions revenue. 8. work in process. 21. receivables-officers (due in one year). 9. copyrights. 22. inventory (finished goods). 10. buildings. 23. accounts receivable. 11. notes receivable (short-term). 24. bonds payable (due in 4 years). 12. cash. 25. noncontrolling interest. 13. salaries and wages payable.

Employees who are paid to complete a task, such as build a house, are paid on a(n) basis

Balance sheet the assets of dallas & associates consist entirely of current assets and net plant and equipment. the firm has total assets of $2 5 million and net plant and equipment equals $2 million. it has notes payable of $150,000, long-term debt of $750,000, and total common equity of $1 5 million. the firm does have accounts payable and accruals on its balance sheet. the firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. a. what is the company's total debt? b. what is the amount of total liabilities and equity that appears on the firm's balance sheet? c. what is the balance of current assets on the firm's balance sheet? d. what is the balance of current liabilities on the firm's balance sheet? e. what is the amount of accounts payable and accruals on its balance sheet? [hint: consider this as a single line item on the firm's balance sheet.] f. what is the firm's net working capital? g. what is the firm's net operating working capital? h. what is the explanation for the difference in your answers to parts f and g?

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services