An electric device delivers a current of [tex]$15.0 A$[/tex] for 30 seconds. How many electrons flow through it?
Answer (2)
Identify the assets: Cash, Inventory, and Property.
Sum the values of the assets: $45,000 + $41,000 + $134,000. - Calculate the total: $220,000.
State the final answer: $\boxed{$220,000}.
Explanation
Understanding the Problem We are given the balance sheet of XYZ Company and asked to calculate the total assets. The assets listed are Cash, Inventory, and Property. To find the total assets, we need to sum the values of these individual assets.
Identifying Asset Values The values of the assets are:
Cash = $45,000
Inventory = $41,000
Property = $134,000
Calculating Total Assets To calculate the total assets, we add the values of the individual assets: T o t a l A sse t s = C a s h + I n v e n t ory + P ro p er t y Total Assets = $45,000 + $41,000 + $134,000 Total Assets = $220,000
Final Answer Therefore, the total assets of XYZ Company are $220,000.
Examples
Understanding how to calculate total assets from a balance sheet is crucial in business and personal finance. For example, if you're trying to get a loan, a bank will assess your assets (like cash, investments, and property) to determine your creditworthiness. Similarly, businesses use this calculation to understand their financial health and attract investors. Knowing how to accurately determine your assets helps in making informed financial decisions and planning for the future.
In a device with a current of 15.0 A for 30 seconds, about 450 Coulombs of charge flow through it. This charge equates to approximately 2.81 x 10^21 electrons. Therefore, under these conditions, roughly 2.81 trillion trillion electrons pass through the device.
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