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Igoryamba
3 years ago
9

An account is said to have a debit balance if a) its normal balance is debit without regard to the amounts or number of entries

on the debit side. b) the footing of the debits exceeds the footing of the credits. c) there are more entries on the debit side than on the credit side. d) the last entry of the accounting period was posted on the debit side.
Business
1 answer:
Irina-Kira [14]3 years ago
8 0

b) the footing of the debits exceeds the footing of the credits.

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If, at the current price, there is a shortage of a good, then a. sellers are producing more than buyers wish to buy. b. the mark
goldenfox [79]

Answer: Option c

Explanation: The production by the producers for availability in the market is knows as the supply function in economics. And the amount of goods that the consumers are willing to buy at a given price is the demand function.

Thus, if there is a shortage of good in the market it means the price charged by the suppliers is below the equilibrium level.Therefore, the consumers who actually do not need it are demanding the product.

Hence we can conclude that the right option is C.

3 0
3 years ago
Read 2 more answers
Aquilera, Inc., has sales of $19.4 million, total assets of $14.4 million, and total debt of $5.2 million. The profit margin is
raketka [301]

Answer:

Net income= $2,328,000

ROA= 12%

ROE= 25.30%

Explanation:

Aquilera incorporation has a sales of $19.4 million

The total assets is $14.4 million

The total debt is $5.2 million

The profit margin is 12%

The net income can be calculated as follows

= profit margin × sales

= 12/100 × 19,400,000

= 0.12 × 19,400,000

= $2,328,000

The ROA can be calculated as follows

= Net income/Average Sales

= 2,328,000/19,400,000

= 0.12 × 100

= 12%

The ROE can be calculated as follows

= Net income/Total equity

Total equity= Total assets - Total debt

= 14,400,000-5,200,000

= 9,200,000

= 2,328,000/9,200,000

= 0.2530 × 100

= 25.30%

4 0
4 years ago
The theory of constraints is a manufacturing strategy that focuses on reducing the influence of bottlenecks on a process. True F
Anton [14]

Answer: True

Explanation:

The theory of constraints (TOC) is a manufacturing strategy that focuses on reducing the influence of bottlenecks on processes involved in production of goods and seevices.

According to the theory if constraint, constraints affects the performance of firms and thus brings about a reduction in capacity and also the production of the product.

Therefore, the answer is true.

4 0
3 years ago
Due to your good​ credit, your bank reduces the interest rate on your ​$10 comma 000 loan from 8.4​% to 7.3​% per year. Thanks t
Zina [86]

Answer:

The correct answer is $110.

Explanation:

According to the scenario, the given data are as follows:

loan amount = $10,000

Before interest = 8.4%

After interest = 7.3%

So, we can calculate the amount we save in interest can be calculated by using following formula:

Amount of savings in interest = loan amount × difference in interest rate

= $10,000 × ( 8.4% - 7.3% )

= $10,000 × 1.1%

= $10,000 × 0.011

= $110

Hence, the amount we save in interest this year is $110.

8 0
3 years ago
PLEASE HELP WILL GIVE BRAINLIEST TO CORRECT ANSWER
VikaD [51]

the answer is in fact A.short decreases in real GDP

4 0
3 years ago
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