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Ronch [10]
3 years ago
12

What is the effect on total assets and​ stockholders' equity of paying the telephone bill as soon as it is received each​ month?

Total assets ​Stockholders' equity A. No effect Decrease B. No effect No effect C. Decrease No effect D. Decrease Decrease
Business
1 answer:
Archy [21]3 years ago
6 0

Answer:

Option C) Decrease in Total Assets , and No Effect on Equity

Explanation:

Telephone bill it's a Current Liability , if you decide to pay it as soon as you receive it you have to use Cash which is part of your Current Asset, so the impact it's a decreased in your Current Assets through the Cash component.

This movement has no impact in the Sotckholder Equity.

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The first part of setting strategic direction for an organization is to analyze the external and internal environments by prepar
ivanzaharov [21]

Answer:

Vision Statement

Explanation:

The first part of setting strategic direction for an organization is to analyze the external and internal environments by preparing a SWOT {Strengths , Weakness , Opportunities , and Threats } analysis. Once the SWOT is complete , the next step is to create a clear and compelling statement describing the inspirational long-term desired change resulting from an organization's work , called <u>Vision Statement.</u>

Vision Statement is a important point in strategical  planning. It tells what an organization intended to achieve or we can say it highlight the objective of the organization .

Vision Statement should we s<u>hort , simple and clearly specified.</u> It plays an i<em>mportant role</em> in an organization .    

3 0
3 years ago
Irene invested $27,000 in a twelve-year CD bearing 8.0% interest, but needed to withdraw $6,000 after three years. If the CD’s p
stepladder [879]

$5,040 since Irene earned nearly earned about $4,800 less than what she would be making if she did not make her early withdrawal.

8 0
3 years ago
Read 2 more answers
What was the major difficulty for the athletes?
valina [46]

Answer:

injuries

Explanation:

because

4 0
2 years ago
$6000 is invested into 2 accounts at 8% and 7.5% and the total interest is $472.50 how much is invested at 8%?
djverab [1.8K]
0.08x+0.057 (6000-x)=472.5
Solve for x
X=4500 invested at 8%
4 0
2 years ago
Why is it important to distinguish between unilateral and mutual mistakes?
SVEN [57.7K]

Answer:

The correct answer is because it determines which contracts could be voidable

Explanation:

A unilateral mistake is when just one party to a contract is mistaken as to the terms contained in a contract.

Commonly, the unilateral mistake does not make a contract void; The mutual mistake makes it.

6 0
3 years ago
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