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
madam [21]
3 years ago
11

If, during the year, total liabilities increased by $95,000 and total stockholders' equity decreased by $75,000, what is the amo

unt of total assets at the end of the year?
Business
1 answer:
eimsori [14]3 years ago
6 0

Answer:

Total Assets at the end of the year increased by 20.000.

Explanation:

The accounting equation said:

Equity = Total Assets - Total Liabilities

It means that the difference between Assets and Liabilities must be cover with Equity, the movements during the year in Liabilities and Equity must be reflected ni the Total Assets, that is why we have to increase Assets by 20.000 so the equation keep it validity

You might be interested in
Research suggests that, if you are half-asleep on the sofa watching an infomercial, such that you are processing the contents of
AURORKA [14]
In this type of scenario, what would most likely happen is that you could consider the infomercial as true because of your state of having to sleep in a half state and having the position of seating in the sofa. This would affect how your automatic system responds which it will occur to it that what they said is true.
4 0
3 years ago
Sending your boss a christmas card after he had first sent you one would best be seen as an example of
Sidana [21]
Giving back.
Copying.
Returning a favor.
7 0
4 years ago
The Industrial Revolution brings about the use of production processes dependent on new machines and interchangeable parts.
RideAnS [48]

Answer:

True

Explanation:

Industrial Revolution can be regarded as transition from old to the new manufacturing processes which begins from some part of the world such as

Europe and United States, within some period from of 1760 and it's improving up till date. Some of the causes of Industrial Revolution are development of trade as well as the rise in business activities. It should be noted Industrial Revolution brings about the use of production processes dependent on new machines and interchangeable parts.

5 0
3 years ago
Crystal has tired and aching feet. Which personal care professional should she visit to relieve the pain and tiredness?
Andre45 [30]
She should visit a massage specialist!
5 0
3 years ago
A flight route is served by American Airlines (AA) and Southwest Airlines (SW). Suppose American is the industry leader American
tatiyna

Answer:

The correct answer is b) American will leave fares unchanged and Southwest will leave fares unchanged.

Explanation:

The Nash Balance is a situation where individuals or players have no incentive to change their strategy taking into account the strategy of their opponents.

In the Nash equilibrium, the strategy chosen by each participant of a conflict or game is optimal, given the strategy chosen by the others. In other words, nobody will gain anything if they decide to change their strategy under the assumption that the other individuals do not change theirs.

It should be noted that under the Nash equilibrium the greatest gain is not necessarily obtained for all individuals or players as a whole. It is only true that each responds optimally to the strategy of others. In many cases, individuals would like to be able to reach another balance with higher profits but fail to do so because they face the risk of being betrayed.

7 0
4 years ago
Other questions:
  • You are an entrepreneur starting a biotechnology firm. If your research is​ successful, the technology can be sold for $ 30$30 m
    12·1 answer
  • After startup, what is the single most important tool the small business owner has at his or her disposal for ensuring the succe
    8·1 answer
  • Which is not one of the financial costs of a recall? communication costs marketing costs legal costs engineering costs?
    9·1 answer
  • Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale c
    5·1 answer
  • Most people report higher levels of personal satisfaction by giving of their time rather than giving money to a charity
    15·1 answer
  • Johnson Company uses the allowance method to account for uncollectible accounts receivable. Bad debt expense is established as a
    12·1 answer
  • A number of political leaders have expressed concern about the nation's decline as a major steel producer. Many have advocated p
    12·1 answer
  • The cost of traveling on a bus,plane,or subway
    15·1 answer
  • Why does life have to be hard?
    14·2 answers
  • True or false? the goal of the scenarios phase of object-oriented problem solving is to assign responsibilities to each class.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!