All transactions b. affect assets, liabilities, and/or stockholders' equity, and d. must affect both assets and stockholders' equity.
<h3>What is the accounting equation?</h3>
The accounting equation shows that assets are equal to liabilities and equity.
The implication of the accounting equation is that every transaction has at least two effects on the elements of financial statements, given their linkages.
Thus, the correct options are Options B. and D.
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Answer:
The correct answer is c. invite suppliers to bid on supplying what is requested.
Explanation:
B2B sales require special attention due to the profile of your buyer.
In this type of sale, buyers have a position much more linked to decision making, so they spend more time on a detailed and critical analysis of the proposal.
The B2B buyer chooses companies that allow the creation of strong business relationships, with a guarantee of supply and deadlines.
This is because B2B negotiations demand an effort, time and investment that, in case of any inconvenience, it can be difficult to recover and find a new supplier.
Answer:
No goodwill impairment should be recognized by Orioles in 2018
Explanation:
Data provided in the question:
Goodwill related to the purchase = $741,000
Fair value of Special Products Division = $5,600,000
Goodwill existing on December 31, 2018 = $595,000
Now,
Here, the fair value of division including the goodwill i.e $5,600,000 is lower than the fair value of division excluding the goodwill i.e $595,000
Hence,
There will be impairment loss
Hence,
No goodwill impairment should be recognized by Orioles in 2018
Answer:
The correct anwer is: the rest of the world; the United States.
Explanation:
Now, the goods exported by the United States tell only part of the story. Services are the largest export of this country, with sales abroad for 778,000 million dollars last year. In fact, the United States has a trade surplus of $ 243 billion in services, which is good news since the industries in this sector account for 71% of jobs in the country
These are the service industries that generate the most money:
-
Travel and transportation: 236,000 million dollars.
- Finance and insurance: 76,000 million dollars.
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Intellectual property sales: 49,000 million dollars. This includes software, movies and TV shows.
Answer:
B. No, because the efficiencies gained from exploiting comparative advantage generate more winners than losers.
Explanation:
Everything has its all pros and cons. When international trade takes place, people in the economy are happy, because of wide variety and options given.
Further the traders, manufacturers also tend to grow as due to competition they improve with the quality standards, designs, variations, etc:
Competition forces to excel in any kind of job you do. And that only the best players and performers stay in the market.
This is the advantage, of such international trades.
