1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
katrin2010 [14]
3 years ago
13

An owner withdrawal of $20,000 would_______.

Business
1 answer:
brilliants [131]3 years ago
7 0

An owner who withdraws an amount of $20000 would lead to decrease in the assets and the owner's equity by $20000.

Answer: Option D.

<u>Explanation:</u>

Assets are the things which are owned by the owner of the organisation and provide economic benefits. Liabilities are things which are the obligation on the owner of the company that he has to pay off. Equity is the share of the share holder of the company.

If an owner with draws or takes out money from the business for the personal use, it would lead to the decrease in the amount of the assets of the owner. It would also lead to the decrease in the amount of equity of the owner because he has taken out his share from the business for his personal use and not for the business.

You might be interested in
• Land
Dafna1 [17]
B. I hope this helps.
8 0
3 years ago
Question 14 of 20
serg [7]

Answer:

OD. A person who goes to earn a college degree will have to pay the full costs of going to college

4 0
2 years ago
50 POINTS
SashulF [63]

Answer:

A. high school diploma

Explanation:

please put me in brainlist

4 0
3 years ago
Read 2 more answers
Although we usually think of marketing in terms of the piles of consumer goods begging for our dollars every day, the reality is
elixir [45]

Answer: a lot more

Explanation: Organizations and businesses buy a lot more than consumers. They purchase industrial goods in large quantities to further process or use in their own business operations.

5 0
3 years ago
Problem 14-04 Stock Repurchase A firm has 5 million shares outstanding with a market price of $15 per share. The firm has $15 mi
Charra [1.4K]

Answer:

$60 million

Explanation:

The computation of the value of operations after the repurchase is shown below:-

Total corporate value = Value of operation + marketable securities

(5 × $15 million) = Value of operation + $15  million

$75 million = Value of operation + $15  million

Value of operation = $75 million - $15  million

= $60 million

We simply applied the above formula so that the firm's value of operations after the repurchase could come

5 0
3 years ago
Other questions:
  • QUESTION 3 The president plays all of the following roles except a. leader of his or her party. b. initiator of policy ideas c.
    9·1 answer
  • Identify the source of information used in the given scenario.
    13·1 answer
  • What are three conditions for bacteria growth and reproduction ?
    15·2 answers
  • If the reserve ratio is 10 percent, banks do not hold excess reserves, and people hold only deposits and no currency, when the f
    8·1 answer
  • Southwest Airlines (SWA) has enjoyed a sustained competitive advantage, allowing it to outperform its competitors over several d
    13·1 answer
  • Lori and monica are looking at the cans of coffee on display at a local supermarket. they are trying to decide which of two diff
    5·1 answer
  • What is revision? (Apex)
    8·2 answers
  • Irving Fisher took the view that the institutional features of the economy which affect velocity change ________ over time so th
    11·1 answer
  • Fern Corporation manufacturers a single product that has a selling price of $25.00 per unit. Fixed expenses total $50,000 per ye
    8·1 answer
  • WHAT IS THE WORLDS LARGEST PEANUT 50 points
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!