1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
julia-pushkina [17]
1 year ago
12

What change in the book value of the company's equity took place at the end of ?

Business
1 answer:
Dmitriy789 [7]1 year ago
5 0

What change in the book value of the company's equity took place at the end of previous year, and was negative.

The book value of equity decreased by $2.094 billion compared with that at the end of previous year, and was negative.  Change in book value = 1638+456 = 2094 billion

What is book value of equity?

The amount of money left over after a company's assets have been liquidated and any outstanding debts have been settled using the profits from the sale is known as the book value of equity, or "Shareholders' Equity."

Therefore,

The book value of equity decreased by $2.094 billion compared with that at the end of previous year, and was negative.  Change in book value = 1638+456 = 2094 billion

To learn more about book value of equity from the given link;

brainly.com/question/20596921

#SPJ4

You might be interested in
Lists two things that both increase the money supply?
DENIUS [597]

Answer:

Decrease is taxes

Increase in government spending

Explanation:

Government policies that increases the money supply in an economy is known as expansionary fiscal policy. They are:

1. Decrease is taxes - when government reduces the tax rate, the amount paid as taxes falls and as a result individuals, companies have higher disposable income whuch can be used for consumption or saving. This increases the money supply in the economy.

2. Increase in government spending - if the government increases it's spending on public goods for example, money supply would increase. If the government constructs a road, labour would be employed and paid wages. This payment increases the income of Labour and money supply increases.

Central bank policies that increases money supply are known as expansionary monetary policies. They include:

1. Open market purchase: The central bank purchase securities from the open market to increase money supply.

2. Reduction in reserve requirement ratio : if the reserve requirement ratio is reduced , commercial banks would have more money to give out as loans and this would increase money supply.

6 0
3 years ago
Identify which assumption each given scenario references have.
NikAS [45]
Assuming it’s B) Transitive Tastes
5 0
3 years ago
_____ is the marketing of goods and services to individuals and organizations for purposes other than personal consumption.
azamat

Answer:

C) Business marketing

Explanation:

There are two major types of business transactions: business to business (B2B) and business to consumers (B2C).

When a company engages in B2B transactions, they are selling their products or services to another business or individual that will resell them to individual consumers. For example, Nike sells shoes to Foot Locker, and then Foot Locker resells them to final consumers.

Businesses engaged in B2B transactions use specific marketing strategies aimed at their wholesale clients which usually vary from marketing strategies aimed at final consumers, e.g. offer discounts for buying in bulk.

3 0
3 years ago
Read 2 more answers
Elm City issued a purchase order for supplies with an estimated cost of $5,000. When the supplies were received, the accompanyin
-Dominant- [34]

Answer:

$5000

Explanation:

Since Elm City issued a purchase order for supplies with an estimated cost of $5,000, although when the supplies were received, the accompanying invoice indicated an actual price of $4,950, the amount that Elm should credit to encumbrances outstanding in its general fund after the supplies and invoice were received; is $5000

Notice that encumbrances are set aside funds for a purpose, therefore upon ordering, encumbrances balance would increase, and Elm would have passed the following entry

Dr. Encumbrances...$5000

Cr. Fund Balance.....................$5000

Therefore even if the supply came with a shortfall in amount, in order for Elm City to show that the purpose for making that encumbrance has been met, it has to be liquidated by crediting the Encumbrance account by the full amount of $5000

8 0
3 years ago
Read 2 more answers
In which type of economy is a business owner most likely to benefit from free<br> enterprise?
Colt1911 [192]
Most likely would be a democratic system.
7 0
3 years ago
Other questions:
  • ​Lamar and two of his friends are starting a new tech business and are meeting to decide the firm’s organizational structure. Du
    11·2 answers
  • How successful were the redeemers at using the "race card" to promote their agendas?
    6·1 answer
  • Find the EAR in each of the following cases. (Do not round intermediate calculations and enter your answers as a percent rounded
    14·1 answer
  • A manager in a small office is asking if it is possible to limit network access to a particular website during business hours. A
    14·1 answer
  • What entry would make to adjust the manufacturing overhead account for overallocated or underallocated​ overhead?
    14·1 answer
  • An investment project has an initial cost of $260 and cash flows $75, $105, $100, and $50 for Years 1 to 4, respectively. The co
    11·1 answer
  • A credit entry was recorded for unearned revenue and a debit for cash. What does this entry indicate?
    8·1 answer
  • Gourmet Aroma Coffee House has an exclusive contract with Columbia exporters. Two brands of gourmet coffee are imported, Morning
    12·1 answer
  • Binta always consumes Chick-fil-A chicken with Chocolate Milkshake, she will only have some utility if she consumes them togethe
    15·1 answer
  • I need serious help here
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!