Lightspeed Industries Balance Sheet As of March 11, 2018 (amounts in thousands)Cash 14,100 Accounts Payable 1,900Accounts Receivable 3,200 Debt 3,600Inventory 4,900 Other Liabilities 2,000Property Plant & Equipment 16,300 Total Liabilities 7,500Other Assets 500 Paid-In Capital 7,200 Retained Earnings 24,300 Total Equity 31,500Total Assets 39,000 Total Liabilities & Equity 39,000Use T-accounts to record the transactions below, which occur on March 12, 2018, close the T-accounts, and construct a balance sheet to answer the question.1. Issue $80,000 in stock2. Borrow $65,000 from a bank3. Receive payment of $12,000 owed by a customerWhat is the final amount in Total Assets?Please specify your answer in the same units as the balance sheet.

Case in point 1.2 suppose you work in the it department of global hotels, a multinational hotel chain. global hotels runs several specialized business support systems, including a guest reservations system that was developed in-house to meet the requirements of a large company with worldwide operations. guests can make one-stop online reservations by visiting global's website, which has links to all major travel industry sites. global hotels just acquired momma's, a regional chain of 20 motels in western canada. momma's uses a vertical reservations package suitable for small- to medium-sized businesses and a generic accounting and finance package. should momma's use global hotels' information systems or continue with its own? in your answer, consider issues such as business profiles, business processes, system interactivity, edi, ecommerce, and the characteristics of both information systems. what additional information would be to you in making a recommendation?

You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above