Answer:
The total assets must change by B) $5,000 decrease
Explanation:
hi, remember that:

If liabilities decrease by $15,000 and equity increases by $10,000...


Therefore, to balance this equation, we have to substract -$5,000 from the assets, therefore, the assets decrease by 5,000, which is B)
Best of luck.
When one keeps paying only the minimum amount, they will find getting out of debt harder because:
- More interest will accrue on the balance left
When a person pays the minimum balance that they are supposed to pay on a loan, they will be leaving a larger portion of money to be paid back.
This amount will accumulate interest such that the debt will keep increasing because the interest needs to be paid back as well.
In order to get out of debt faster, it is recommended that you pay higher than the minimum because this would reduce the amount that interest is charged on which means that you would owe less interest.
In conclusion, paying the minimum balance leads to more interest accumulating which makes getting out of debt difficult.
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Answer:
t= 0.4138
Explanation:
First, we need to accommodate the information:
Sales= 10,000
COGS= 6000 (-)
Gross profit= 4000
Operating, selling, general and administrative expenses= 2300 (-)
Net operating income= 1700
Interest= 250 (-)
Earnings before taxes= 1450
TAX= 600 (-)
Net income= 850
t= ?
t= 600/1450= 0.4138
Answer:
D- participate
Explanation:
leaders who have participate leadership skill or style allow their employees take part in decision making making the leader open to many possibilities and ideas.
A. True is the answer
Hope I helped