the estimated use the company expects to obtain from an asset before disposing of it is referred to as the

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

Top flight is a commuter airline service that provides short flights to neighboring citles around houston, texas. to determine the quantity of planes it will purchase, top flight needs to examine the for its flights at the prices it intends to charge and at the times it intends to flight. a. supply b. demand c. equilibrium price d. break-even point

Using monetary policy, the federal reserve increases to reduce the money supply in the economy.