Answer:
In this case, the amount of $20,000 represents the owner's equity.
Explanation:
Assets:
Assets are the items that are own by a business. Examples of assets are inventory, machinery, company owned vehicles etc.
Liabilities:
Liabilities are the items a business owes to others. Examples of liabilities are bank dept, taxes, mortgage debt etc.
Equity:
Owner's equity is also known as net assets refer to the owner share of assets when the liabilities are paid off.
The relation between Assets, liabilities and owner equity are represented in a equation as:
Assets = Liabilities + Owner Equity
Answer:
The correct answer is Applied research.
Explanation:
Applied research is that in which the scientific advances of other branches of science are used in order to solve the problems in a specific one. This type of study analyzes the aspects and contrasts the results generated by the new knowledge, where the community in general and the productive sector are an important part.
Answer:
<u>Human</u>
Explanation:
Human skills refer to the ability of an individual to establish successful interactions and relations with people around. Such skills take into consideration, the human element i.e human emotions and behavior.
Human skills are essential and rather say foremost and primary before any other required set of skills as these are required not just at workplace but form an essential part of routine life as well.
In the given case, Jack losing his cool and yelling at an employee without paying heed to the people he is surrounded with, the circumstances, his ways, relates to inhuman treatment wherein one is not bothered of another's feelings or emotions. This is a case of humiliation in public.
This is highly inconsiderate behavior.
Explanation:
Administrative, Managerial, or Top Level of Management.
Answer:
Dividends = 6,000
Explanation:
Ending liabilities = Beginning liabilities - Decrease in liabilities
= $6,900 - $1,200
= $5,700
Ending net assets = Ending total assets - Ending total liability
$3,900 = Ending total assets - $5,700
Ending total assets = $3,900 + $5,700
= $9,600
Ending RE = Ending total assets - Ending liabilities
= $9,600 - $5,700
= $3,900
Dividend = Beginning RE + Net income - Ending RE
= $6,900 + $3,000 - $3,900
= $6,000