Galan Associates prepared its financial statement for 2008 based on the information given here. The company had cash worth $1,234, inventory worth $13,480, and accounts receivables of $7,789. The company's net fixed assets are $42,331, and other assets are $1,822. It had accounts payables of $9,558, notes payables of $2,756, common stock of $22,000, and retained earnings of $14,008. How much long-term debt does the firm have?
A) $54,342
B) $76,342
C) $12,314
D) $18,334

D) $18,334

Explanation:

The computation of the long term debt is shown below:

Long term debt = Total assets - current liabilities - stockholder equity

where,

Total assets = Cash + inventory + account receivable + net fixed assets + other assets

= $1,234 + $13,480+ $7,789 + $42,331 + $1,822

= $66,656

Current liabilities = Account payable + notes payable

= $9,558 + $2,756

= $12,314

The stockholder equity is

= Common stock + retained earnings

= $22,000 + $14,008

= $36,008

So, the long term debt is

=  $66,656 - $12,314 - $36,008

= $18,334

the correct answer option is b. a single paragraph.

explanation:

when you are thinking about paragraph​ topics, you should always choose a subject that can be adequately addressed in a single paragraph.

a paragraph is a piece of writing consisting of a few sentences that deal with a single theme. it has only a single idea that the paragraph revolves around and talks about.

so a paragraph topic must be chosen wisely where a single idea can be communicated in a single paragraph.

y=mx+b is the right slope of velocity carry the 4 over