Answer:
b.There is no effect on the accounting equation as one asset account increases while another asset account decreases.
Explanation:
On billing the customer, sales account would have been credited and accounts receivables debited.
On payment by the customer, accounts receivables would be credited and cash account debited.
Hence there will be no increase/decrease in asset as cash and receivables would nil off.
As such, the right option is b.There is no effect on the accounting equation as one asset account increases while another asset account decreases.
Answer:
Book Value Per Share = 22.55
Explanation:
given data
equity = $118,139,000
net income next year = $3,000,000
to find out
what would their Book Value be next year
solution
we know that Book Value Per Share formula that is express as
Book Value Per Share = (Share Holder Equity+ Net Income) ÷ No of Shares ..................1
we consider here book value is $22
So no of share will be = 
No of shares = 
No of shares = 5369954.545
so from equation 1 put here value
Book Value Per Share = 
Book Value Per Share = 22.55
Thta is true. Radical innovation has a significant effect on the market and on the economic activity of the firms in the market. Something that is false about radica innovation is that are evolutionary applications of novel ideas within existing paradigms and that is not true. We can say that this innovation <span>is an invention that destroys or supplants an existing business model.</span>
It means the country is producing more capital goods than the consumer goods.The economy of the country will rise along with the rise in capital goods
