Answer:
A. True
Explanation:
Balance sheet: The assets, liabilities, and equity of stockholders are recorded in the balance sheet. The accounting equation which is shown below is used
In this:
Total assets = Total liabilities + Stockholder equity
The balance sheet debit and credit side should be fair, equal and balanced.
In addition, it is always prepared on the date specified.
When workers refuse to work its called boycotting
Answer:
Production= 1,240 units
Explanation:
Giving the following information:
Sales:
February= 1,250
March= 1,200
Desired ending finished goods inventory is equal to 20 percent of the next month's sales.
To determine the production required for February, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 1,250 + (1,200*0.2) - (1,250*0.2)
Production= 1,240 units
Answer:
Gain recognized by Tom is $10000
So option (b) will be correct answer
Explanation :
We have given liability on bulding assumed by Paul Corp = $30,000
Tom's adjusted basis in the building = $20,000
Since the liability assumed by Paul Corp on the building is greater than Tom's adjusted basis, Tom must recognize gain equal to the difference between the liability on the building and his adjusted basis.
So gain recognized by Tom = $30,000 - $20,000 = $10,000
Answer:
strengths
Explanation:
A SWOT analysis includes strengths, weaknesses, opportunities and threats:
- strengths: analyses what does your company do well and distinguish it from the competition.
- weaknesses: analyses what are your company's weak spots and what does your competition do better than you.
- opportunities: new situations that can favor your company.
- threats: situations that can negatively affect your company.
