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Sholpan [36]
4 years ago
9

If total liabilities increased by $6,000 and the assets increased by $8,000 during the accounting period, what is the change in

the owner’s equity amount?
A. Decrease of $2,000
B. Decrease of $2,000
C. Increase of $10,000
D. Decrease of $10,000
Business
1 answer:
goldenfox [79]4 years ago
7 0
I believe the answer would be A.
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With the holiday season approaching, Denelle reviews holiday sales from the last five years to determine how much inventory to p
Westkost [7]

The information given shows that Denelle is conducting a trend analysis.

<h3>What is a trend analysis?</h3>

It should be noted that attend analysis simply means a technique that's used t predict future investment.

In this case, Denelle reviews holiday sales from the last five years to determine how much inventory to purchase and how many employees to schedule during peak sales times.

Learn more about trend analysis on:

brainly.com/question/25819900

#SPJ1

7 0
3 years ago
Two products, QI and VH, emerge from a joint process. Product QI has been allocated $16,300 of the total joint costs of $37,000.
alexandr1967 [171]

Answer:

Net profit will be reduced by $5,700

Explanation:

The computation of financial advantage (disadvantage) is shown below:-

Gain from selling at the split-off point = Sold split-off point × Total units

= $11 × 2,300

= $25,300

Gain from Processing further = Sold units × Total units - Processing cost

= $13 × 2,300 - $10,300

= $29,900 - $10,300

= $19,600

Decrease in overall profit = Gain from selling at the split-off point - Gain from Processing further

= $25,300 - $19,600

= $5,700

Therefore, if commodity QI is further processed and sold, then net profit will be reduced by $5,700

4 0
4 years ago
One of the other employees has been coming to work 20 minutes late for the past week. The rest of the employees have picked up t
ElenaW [278]
i think u should talk to the employer before making any other decisions
4 0
3 years ago
Read 2 more answers
Chris has three options for settling an insurance claim. Option A will provide $1,500 a month for 6 years. Option B will pay $1,
Papessa [141]

Answer:

  • <u><em>Option B. $1,025 a month for 10 years.</em></u>

Explanation:

Calculate the present value of each option:

     \text{Monthly rate: } 6.8\%/12 = 0.068/12 = 0.005\overline 6

Formula:

        PV=C\times \bigg[\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}\bigg]

Where:

  • PV is the present value of the constant monthly payments
  • r is the monthly rate
  • t is the number of moths

<u>1. Option A will provide $1,500 a month for 6 years. </u>

         PV=$\ 1,500\times \bigg[\dfrac{1}{(0.005\overline 6}-\dfrac{1}{0.005\overline 6(1+0.005\overline 6)^{(6\times12)}}\bigg]

         PV=\$ 88,479.23

<u>2. Option B will pay $1,025 a month for 10 years. </u>

         PV=$\ 1,025\times \bigg[\dfrac{1}{(0.005\overline 6}-\dfrac{1}{0.005\overline 6(1+0.005\overline 6)^{(10\times12)}}\bigg]

         PV=\$ 89,068.22

<u>3. Option C offers $85,000 as a lump sum payment today. </u>

<u></u>

  • PV = $85,000
<h2 /><h2> Conclusion:</h2>

The present value of the<em> option B, $1,025 a month for 10 years</em>, has a the greatest present value, thus since he is only concerned with the <em>financial aspects of the offier</em>, this is the one he should select.

3 0
3 years ago
Will U.S. policy makers let themselves be spooked by financial phantoms and bullied by business intimidation?
Nesterboy [21]
That’s a great question but a hard answer to give
5 0
4 years ago
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