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Advocard [28]
3 years ago
6

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

wners equity amount

Business
1 answer:
dalvyx [7]3 years ago
7 0
Owner's equity=assets-liabilities
Owner's equity=8000-6000
Owner's equity=2000

So the answer is a

Hope it helps!
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4. Another term for a pre-inspection agreement is A. pre-sale inspection. B. partial inspection. C. scope of work. D. standard o
kolbaska11 [484]

Answer:

Another term for a pre-inspection agreement is Standard of practice.

Explanation:

Standard of practice entails agreement signed before any business is done at all, it forms the basis of the agreement documented and signed

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4 years ago
Creating a favorable impression and building trust with prospective customers is a critical part of the __________ step of perso
AnnyKZ [126]

Answer:

Approach

Explanation:

Personal selling in the domain of finance involves the process in which customer are able to convinced about a products to buy them, it is usually utilized by sales person and it involves many steps . It should be noted that Creating a favorable impression and building trust with prospective customers is a critical part of the approach step of personal selling.

3 0
4 years ago
Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows:
BARSIC [14]

Answer:

Results are below.

Explanation:

Giving the following information:

Sales in Units

April 70,000

May 85,000

June 110,000

July 90,000

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The inventory at the end of March was 10,500 units.

<u>To calculate the production required for each month, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

<u>April:</u>

Sales= 70,000

Desired ending inventory= 85,000*0.15= 12,750

Beginning inventory= (10,500)

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<u>May:</u>

Sales= 85,000

Desired ending inventory= 110,000*0.15= 16,500

Beginning inventory= (12,750)

Total production= 88,750

<u>June:</u>

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Desired ending inventory= 90,000*0.15= 13,500

Beginning inventory= (16,500)

Total production= 107,000

Total quarter= 268,000

8 0
4 years ago
What is another term for the buying and selling of stocks?
LuckyWell [14K]

Answer:

Trading

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Buying and selling stocks is another term for trading because it is a system of "give and get"

3 0
3 years ago
Which of the following statements about cover letters is false?
Law Incorporation [45]

The false statement about cover letters is that: C. a cover letter is sent before a résumé so that the employer knows it is coming.

<h3>What is a cover letter?</h3>

A cover letter can be defined as a type of letter that is attached as an introduction and it generally accompanies another document such as a résumé.

This ultimately implies that, the false statement about cover letters is saying it's sent before a résumé to an employer of labor, so he or she knows it is coming.

Read more on cover letters here: brainly.com/question/24136973

#SPJ1

7 0
2 years ago
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