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svetoff [14.1K]

3 years ago

9

If total liabilities increased by $6,000 and the assets increased by $8,000 during the accounting period, what is the change in

the owner’s equity amount?

2 answers:

horrorfan [7]3 years ago

7 0

The correct answer to the question is an "Increase of $2,000"

AveGali [126]3 years ago

5 0

The change in owner's equity is $14,000, during the period. This is known by the equation - Assets = Liabilities + Equities.

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Note: <em>The complete question is attached as picture below</em>

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PV * (1 + S1) = FV

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S1 = 1.1111 - 1

S1 = 0.1111

S1 = 11.11%

1b. PV of the 2 year bond = $950

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950 = 50 / (1 + S1) + (50 + 1000) / (1 + S2)^2

950 = 50 / 1.1111 + 1,050 / (1 + S2)^2

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1 + S2 = 1.160221/2

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1c. Price of the 2 year zero bond = 1,000 / (1 + 0.07714)^2

Price of the 2 year zero bond = 1,000 / 1.1602

Price of the 2 year zero bond = 861.9203586

Price of the 2 year zero bond = $861.92

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In this video case, a manager is having an early morning meeting with his employees. This manager would have ________ by the aut

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The treasurer of a major U.S. firm has $29 million to invest for three months. The interest rate in the United States is .29 per

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Answer:

Check the following calculations.

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= £ 18.4222 million

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The correct answer is b. Regressive coping.

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The answer is letter D

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