All categories

3 years ago

3. What is the balance sheet equation?

Business

2 answers:

larisa86 [58]3 years ago

6 0

Answer:

It is the sum of the owner's capital and company's total liabilities is equal to the company's total assets at a particular point of the time.

Zielflug [23.3K]3 years ago

6 0

Answer:

Definition:The balance sheet equation or accounting equation is the most basic, fundamental part of accounting. The balance sheet equation forms the building blocks for the entire double entry accounting system.

The balance sheet is based on the fundamental equation:

<u>Asset = Liabilities + Equity.</u>

It helps the company to prepare a balance sheet and see if the entire enterprise's asset is equal to its liabilities and stockholder equity.

You might be interested in

Reasons why in business,staff are restricted to communicate with press?

Evgen [1.6K]

Answer:

Limited communication media can force employees to deliver messages using ineffective methods. Inappropriate upward communication tools can create confusion

Explanation:

4 0

2 years ago

When you catch a fast-moving baseball with your bare hand, a good idea is to catch it so that your hand stops it?

jarptica [38.1K]

You want your hand to "give" a bit when you catch the ball. You don't want want the ball to come to a hard stop because that would risk hurting your hand.

4 0

3 years ago

Sarah was in a meeting where various vendors were being considered. She noticed that one of the vendors had a history of mistrea

Papessa [141]

Answer:

C. role relativism

Explanation:

In this relativism the moral fits to the goals of the company so its adjusted to gain the goals set inside the firm regardless personal views.

6 0

3 years ago

Read 2 more answers

The type of documentation designed to be used when the user needs to learn how to perform a specific function is known as _____.

cluponka [151]

Answer:

E. tutorials

Explanation:

The type of documentation explained in the question would be considered as "tutorials". These can be written, verbal or visual documentation that teaches you how to perform a specific function or task with step by step instructions. That way you know every step that you need to take in order to be able to get that certain task done.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0

3 years ago

Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following informati

KATRIN_1 [288]

Answer:

1. Utilization rate = Operating time/Scheduled time

Utilization rate = 5,696/6,400

Utilization rate = 0.89

2. Efficiency rate = (Total output / Ideal run rate) / Operating time

Efficiency rate = (18,100/2) / 5,696

Efficiency rate = 9,050 / 5,696

Efficiency rate = 1.5888343

Efficiency rate = 1.59

3. Quality rate = Good units produced / Total units produced

Quality rate = 12,670 / 18,100

Quality rate = 0.70

4. Overall Equipment Effectiveness = Utilization rate * Efficiency rate * Quality rate

Overall Equipment Effectiveness = 0.89 * 1.59 * 0.70

Overall Equipment Effectiveness = 0.99057

Overall Equipment Effectiveness = 0.991

6 0

3 years ago

3. What is the balance sheet equation?​

3. What is the balance sheet equation?