Answer:
No net effect on the accounting equation.
Explanation:
Given that,
On January 1, Products sold to a customer on account = $30,000
On January 10, Cash collected from a customer = $30,000
Accounting equation is as follows:
Assets = Liabilities + Stockholder's equity
On January 10,
The cash of $30,000 is received from the customer which increases the assets by $30,000 and reduces the accounts receivable by $30,000 which is also a part of assets. Therefore, there is no change or impact on the accounting equation.
Answer:
Quantity
Explanation:
A quantity discount is a dicount that occurs or that is put in place when a least certain amount of goods is ordered or purchased.
Like the question, there is a 15% discount for at least a dozen orders of Mandarin bird feeders. If the order exceeds a dozen peices, say 13 or 14 or 50 or even a 100 pieces, the discount of 15% comes into play during payment for those feeders.
Cheers.
Answer:
$7,700
Explanation:
Equity of a company is Total Assets minus Total liabilities. Equity is the business worth for shareholders. For Crusoe Waterworks Company the equity will be the initial capital investment by Robin Crusoe plus any revenue received from the business operations.
The equity will be calculated by,
Equity = Capital Investment + Revenue - Expense
Equity = $5,000 + $3,400 - $700
Answer:
Explanation: Cellular respiration is the process of breaking down sugar to give energy. It can also be said to be the process of takes in food thereafter using the food taken in it to create ATP (a chemical which the cell uses for energy).
This process starts when a glucose molecule(from consumed food) is converted into carbon dioxide and how its energy is harvested as ATP.
It involves 4 steps which are:
1. Glycolysis: Here, glucose undergoes a chemical transformation which at the end is converted to molecules of pyruvate.
2. Pyruvate Oxidation: At this step the pyruvate produced from glucose above is converted into a two-carbon molecule to Coenzyme A, known as acetyl CoA. Here carbon dioxide is produced as well.
3. Citric acid cycle: At this step, the acetyl CoA produced above combines with a four-carbon molecule and goes through a cycle of reactions. This reactions produces four carbon starting molecules which are: ATP, NADH, FADH
2 and carbon dioxide.
4. Oxidative phosphorylation: Here, the molecules produced above NADH, FADH
2 deposit their electrons in the electron transport chain thereby releasing energy. At the end of the electron transport chain, oxygen accepts electrons and takes up protons to form water.
Answer:
0.4629%
Explanation:
Given:
Duration of fixed assets (D) = 5 year
Interest rate (r) = 8% = 8/100 = 0.08
Decrease in Interest rate point(ΔY) = 10 basis = 10/100 = 0.01%
Computation:
D* = D / (1 + r)
D* = 5 / (1 + 0.08)
D* = 5 / 1.08
D* = 4.6296
Computation:
ΔP/P = D* × ΔY
= 4.6296 × 0.01%
= 0.4629%
Therefore, Price of the assets go up to 0.4629%.
