In Computing the Statement of Financial Position,some Data Was Misplaced

question 35

Short Answer

In computing the statement of financial position,some data was misplaced and they are attempting to reconstruct the missing data from that which is available.You know that total assets for the current year are $33,000.Non-current liabilities are $8,000 and Shareholders equity is $23,000.The current ratio is 2.50.Find the values for current assets,fixed assets and current liabilities.

Grasp the concept of progressive disciplinary procedures and their application in the workplace.

Understand the legal and practical considerations in documenting and communicating disciplinary actions and performance evaluations.

Understand the concept of promissory estoppel and its application in employment law.

Identify and describe the nature of implied contracts in the employment context.

---

Definitions:

Weather

The state of the atmosphere at a particular place and time, including temperature, precipitation, humidity, and wind.

Limestone

A sedimentary rock primarily comprising calcium carbonate (CaCO3), often formed from the skeletal remains of marine organisms.

Oceans Salty

The condition of seawater having high concentrations of dissolved salts, primarily sodium chloride, resulting from processes such as rock weathering and volcanic activity.

Chemical Elements

Substances consisting of atoms which have the same number of protons in their atomic nuclei, representing the simplest forms of matter that cannot be broken down using chemical reactions.