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Evgen [1.6K]
3 years ago
10

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.

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The process of assigning meaningful authority and responsibility to managers and employees lower in the hierarchy is called:
Fudgin [204]
The answer is C. Delegation.
Delegation is the process of <span>assigning meaningful authority and responsibility to managers and employees lower in the hierarchy. Managers needs to delegate tasks to their people so they can be able to develop leaders in her/his team.</span>
4 0
3 years ago
Given the following information about the economy of Pakistan, calculate Pakistan's GDP. Note that the currency of Pakistan is t
andrezito [222]
Formula for calculating GDP;

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8 0
2 years ago
The natural rate of unemployment is 4%, and the economy is producing 95% of its potential output. Okun's law predicts an unemplo
Anon25 [30]

Answer:

so correct option is C. 6.5

Explanation:

given data

natural rate of unemployment = 4%

economy producing = 95%

solution

we know here as  Okun's law for the every 1 percentage increase in unemployment rate

GDP of country =  2% lower than potential GDP

but here is country GDP = 5% lower than potential GDP

so there is increase in the unemployment rate = 5% ÷ 2 =  2.5%  

and unemployment rate is given =  4%

so effective unemployment rate will be

effective unemployment rate = 4% + 2.5%

effective unemployment rate = 6.5%

so correct option is C. 6.5

6 0
2 years ago
Please answer thank you !
Darina [25.2K]

Answer:

its the 1st one

7 0
3 years ago
Past costs that are not affected by new decisions are known as
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