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
eimsori [14]
3 years ago
13

5. Owes First National Bank $350 (Accounts Payable) A. Asset C. Both B. Liability D. Neither

Business
1 answer:
malfutka [58]3 years ago
4 0
B. Liability

I would say it is liability because the accounts payable is usually the liability on the companies balance sheet. 
You might be interested in
Smashed pumpkins co. Paid $200 in dividends and $624 in interest over the past year. The company increased retained earnings by
Maru [420]

Dividends that were paid last year = $200

Retained earnings = $522

Net Income = Retained earnings + Dividends paid = 200+522 =722

Tax rate was 38%.

Earnings before tax (EBT) = Net income/ (1-tax rate) =722/(1-0.38) = 1,164.52

Interest expense= 624

Earnings before interest and tax (EBIT) = EBT + interest expense = 1,164.52 + 624 = 1,788.52

Earnings before interest and tax (EBIT) = 1,788.52


3 0
3 years ago
Tools, equipment, and factories used in the production of goods and services;
Luba_88 [7]

Answer:

capital

Explanation:

The capital assets are all those belongnings of the company that help creating revenue.

4 0
3 years ago
Read 2 more answers
What is an argument in favor of a $15 minimum wage
tamaranim1 [39]

The idea for a $15/hour minimum wage is to provide a <u>living wage</u> for employees, meaning that they can meet their basic housing, food, medical, and living expenses when working full time at minimum wage.

7 0
3 years ago
"a​ ________ is an order to buy or sell a set number of securities immediately at the best price available."
inessss [21]
<span>market order~~~~~~~~~~~~</span>
5 0
3 years ago
Read 2 more answers
Investors choose international diversification because:
Stells [14]

Answer: I found the correct and complete question:

Which of the following statements is most CORRECT with respect to international diversification?

a) the gains from diversification may be diminished due to combined correlations accompanied by volatility in world markets. b) world markets always seem to be most uncorrelated when volatility is present. c) world markets have displayed relatively low and fixed correlations over the last five years. d) global diversification produces gain even when world markets have correlations value near one.

Explanation: The correct answer is "a) the gains from diversification may be diminished due to combined correlations accompanied by volatility in world markets.".

Global markets are generally in different phases and many of them are part of weak economies that therefore have a high degree of volatility and some are correlated so that a loss in one of these markets can lead to a loss in another and earnings can be diminished.

4 0
3 years ago
Other questions:
  • Suppose you are shipping 1,000 pounds of product to a customer location that is 500 miles away from you. The customer calls you
    9·1 answer
  • What is the best suited structure for development teams in order to produce integrated increments?
    9·2 answers
  • At December 31, 2018, Moonlight Bay Resorts had the following deferred income tax items: Deferred tax asset of $54 million relat
    10·1 answer
  • The postal service of St. Vincent, an island in the West Indies, obtains a significant portion of its revenues from sales of spe
    6·1 answer
  • The city wants to pave the road in front of Sam Smith's house. Sam has 110 front feet. The cost to pave is $35 a linear foot and
    6·1 answer
  • Calculate the yield to maturity (YTM) for a one-year bond with a purchase price of $8,000, a face value of $10,000, and a curren
    7·1 answer
  • Which of the following is a drawback of the corporate structure?
    15·2 answers
  • What is more important: everyone doing their part or the leader doing it all? Why? (Take your time)
    13·1 answer
  • If i cancel a booking that redeemed a free night do i lose the free night hotels.com
    13·1 answer
  • _______ property is an ownership fence, which applies to resources like land that more than one individual owns jointly.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!