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andrew11 [14]
1 year ago
7

owner withdrawals cause a(n) (increase/decrease) in owner's equity and are recorded directly in owner's (capital/withdrawal/equi

ty) .
Business
1 answer:
Alla [95]1 year ago
6 0

Owner withdrawals cause a decrease in owner's equity and are recorded directly within the owner's withdrawal.

<h3>What is a withdrawal?</h3>

Withdrawals are variables in an economy that leak the circular flow of income and reduce the dimensions of national income. Withdrawals include savings, taxation, and imports.

To know more about withdrawal go to the given link:

brainly.com/question/2933232

#SPJ4

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Bernice is an underwriter. she is reviewing a commercial crime coverage application. the coverage will be written using the disc
Mnenie [13.5K]

Answer:

A retroactive date endorsement

Explanation:

In Insurance, a retroactive date endorsement is used for most claims-made policy forms.

For a claims-made policies, the date which a professional liability coverage begins, covering for any incident that causes damage or harm to a third party on or after the date it occurred, provided the claims relating to it were filed with an active liability insurance coverage, is known as the retroactive date endorsement.

Hence, Bernice should add a retroactive date endorsement to the policy to protect the insurer against liability for such previous losses.

7 0
2 years ago
Read 2 more answers
Your firm can make a product in-house for $11.50 per unit using new production equipment which would cost $30,000. Your firm cou
Nikolay [14]

Answer:

The indifference point is 5,895 units

Explanation:

Giving the following information:

In-house:

Unitary variable cost= $11.5

Fixed cost= 30,000

Buy:

Unitary variable cost= $16.25

Fixed cost= 2,000

<u>To calculate the indifference point, we need to establish the total cost formulas for each option:</u>

In-house:

Total cost= 30,000 + 11.5x

x= number of units

Buy:

Total cost= 2,000 + 16.25x

x= number of untis

<u>Now, we equal both formulas and isolate x:</u>

30,000 + 11.5x = 2,000 + 16.25x

28,000 = 4.75x

5,895 = x

The indifference point is 5,895 units

7 0
2 years ago
For example, the sticky-wage theory asserts that output prices adjust more quickly to changes in the price level than wages do,
djverab [1.8K]

Answer:

The firm's output prices will increase, because will the firm can quickly adjusts the prices of goods to the new price level of 110, it will not have to do so with wages, since wages are fixed by a year contract.

This will result in comparatively lower labor costs with higher prices at the same time, which will likely result in more economic and accounting profit for the firm.

The opposite effect will be felt by workers, whose wage is not keeping up with inflation, meaning that their income is losing purchasing power.

8 0
2 years ago
A.
ohaa [14]

Answer:

d on edge

Explanation:

8 0
2 years ago
If actual indirect cost rates were calculated monthly rather than annually, then for the month of February with only 28 days: A.
vichka [17]

<u>Answer: </u>Option B

<u>Explanation:</u>

Indirect costs are cost incurred by the company which does not involve in the production of the goods. Indirect costs are the salaries, wages, depreciation and maintenance costs. If the indirect costs are calculated on monthly basis then it would show a higher value for the month of February as there are only 28 days in this month.

Indirect costs are allocated according to the overhead costs. Indirect costs cannot be allocated based on the product or the service and they are completely taken as full for calculation. Indirect costs are segregated based on their utilities such as rent or salary.

5 0
3 years ago
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