Answer:
e. $ 282,000
Explanation:
To determine the assets of the company at year end, we need to find the equity at year end, this is calculated as follows:
Opening Equity $ 145,000
Net Income for the year $ 45,000
Revenues $ 210,000
Expenses $ 165,000
Equity at end of year $ 190,000
The accounting equation is
Assets = Liabilities + Stockholders' Equity
Assets = $ 92,000 + $ 190,000 $ 282,000
It would be false, because they don’t go into the same category
Device queue is the answer
Answer:
The answer is true
<u>Explanation:</u> novation is the process in which an old contract is substituted by a new contract through an agreement .All rights and duties under old contract are being terminated.
if parties write a novation, it will effectively nullifies the former contract.In novation one of the initial parties is replaced by new party.
Novations are most frequently used in corporate takeovers and sales of businesses.
A novation is same as an assignment where one party transfers interest in property or a business to third party as opposed to transferring the entire entity.
So is novation is written between the parties .They need not to discharge the old contract by expression.It will be automatically discharged if it's terms are inconsistent with new contract.
Answer: As per the demographic structure there are equal no. of man and woman are same therefore pricing should be done by taking into consideration both equally.
Explanation: . The prime objective of every business is to maximize their profit and this could be only done when price charged for the product is reasonable. Thus, to secure the customer base company should sell simple microwave for $70 and the one with auto defrost $80. If the company places $70 for simple and $150 for auto defrost women might also not purchase the later one thus buy placing $70 and $80 on two types company will secure a strong base for males in simple microwave and additional male base of male in auto defrost along with females as the females will be having it at cheaper prices while some males may also purchase it as the auto defrost is suitably priced according to their valuation.
.
If the majority of shoppers is female then 480 should be priced for simple and $150 for auto defrost.
