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tia_tia [17]
3 years ago
10

Assets - Liabilities = Owner's equity

Business
1 answer:
Lapatulllka [165]3 years ago
8 0

Answer:

I'd say "all items of value that a company has - short term and long term debt = amount of money that owner's have in the company.

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When you use the AIDA persuasive approach, your first task is to gain the reader's attention (A).
Elanso [62]

Answer:

The correct answer is letter "A": Describe the benefits a product or service offers and make rational or emotional appeals.

Explanation:

The AIDA Model describes the process buyers go through at the moment of purchasing. It has four (4) steps: <em>Awareness, Interest, Desire, </em>and<em> Action</em>. In the Interest stage, companies attract consumers so they start looking for information about their products. <em>The benefits of the good are portrayed relating them to the target audience's emotional appeals. In some other cases, firms display their products as the most rational to choose from compared to competitors.</em>

7 0
3 years ago
Does higher exonomic growth lead to low inflation?​
mixas84 [53]

Answer:

False

Explanation:

On the contrary, high economic growth may lead to high inflation. Economic growth is indicated by an increase in the value of the gross domestic product GDP. The GDP measures economic growth by calculating the values of all the finished goods and services in a country per period.

Economic growth may be a result of an increase in aggregate demand. The government may institute monetary and fiscal stimulus measures that increase the demand for goods and services. Increased demand results in inflation because consumers will have too much cash, but few goods and services are available. When growth is due to an increase in productivity,  inflation is minimal. Inflation is a general increase in prices. Prices usually go up with an increase in economic activities.

3 0
4 years ago
Assume the following data concerning a purchase of merchandise by Icon Co. on April 2:
Eduardwww [97]

The purchase amount that Icon Co. would record on April 2 would be: <u>c. $4,000</u>.

<h3>What is the purchase amount to be recorded?</h3>

The purchase amount that should be recorded on the date of purchase is the amount of the transaction.  This does not take into account the return and discount which happened later.

This implies that Icon Co. will reduce the purchase amount on April 4 when half of the goods were returned with a contra entry.  And discount will be based on the balance of $2,000 instead of $4,000.

<h3>Data and Calculations:</h3>

Purchase on April 2 = $4,000

Purchases Return on April 4 = $2,000

Thus, the purchase amount that Icon Co. would record on April 2 would be: <u>c. $4,000</u>.

Learn more about recording credit purchases at brainly.com/question/5651500

6 0
2 years ago
Suppose the price elasticity of supply for gasoline in the short run is estimated to be 0.4. Due to an unexpected surge in the d
oee [108]

Answer:

8%

Explanation:

The formula and the computation of the price elasticity of supply is shown below:

Price elasticity of supply = (Percentage change in quantity supplied ÷ percentage change in price)

where,

Price elasticity of supply = 0.4

And, the percentage change in price = 20%

So, the percentage change in quantity supplied is

= Price elasticity of supply × the percentage change in price

= 0.4 × 20%

= 8%

It shows a direct relationship between the quantity supplied and the price.

6 0
4 years ago
Quay Co. had the following transactions during the current period.Mar. 2 Issued 5,000 shares of $7 par value common stock to att
LenaWriter [7]

Answer:

Following are the  journal entries to this question:

Explanation:

Date                            account title                                  Dr.                        Cr.

Mar.2                Incorporation expense                     \$39,600

          Common Stock (Par value=5000 \ Shares \times 7)                \$35,000        

       Paid in excess of par- Common Stock (39600-35000)             \$4,600

      (Bein 5000 common shares Of par value \$4 each issued )

June. 12                                       Cash                            \$519,100

                   Common Stock (Par value -63400\  Shares \times 7)                  \$443,800

        Paid in excess of par- common stock (519100-443800)              \$75,300 (Being 63400 common shares of par value \$7 each issued for \$519100 cash)

July-11                    cash 2175\  shares\times \$130                   \$282,750

               Preferred Stock (Par value =2175\  Shares \times \$110)             \$239,250      

               Paid in excess of par- Preferred stock (282750- 239250)                               (Being 2175 Prefered shares of par value \$110 each issued for \$130 each)

Nov. 28                         Treasury Stock                                           \$83,500

                                     cash                                                            \$83,500

                (Purchased 2,350 shares of treasury stock for\$83,500 ).

3 0
3 years ago
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