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
Stels [109]
3 years ago
14

____________ are the economic resources of a business that are expected to be of benefit in the future. Liabilities represents t

he claims to the stockholders' equity held by the stockholders of the business.
Business
1 answer:
Mars2501 [29]3 years ago
8 0

Answer:

Assets are the economic resources of a business that are expected to be of benefit in the future. Liabilities represents the claims to the stockholders' equity held by the stockholders of the business.

Explanation:

The accounting equation formed the basis for what is today termed as the double-entry system of accounting. It involves the balance of assets on one side and liabilities and share holders equity on the other side. When recording accounting statements after a certain financial period, the total assets should be equal to the sum of the liabilities and the shareholder's equity. The accounting equation can be expressed as follows;

Assets=liabilities+shareholder's equity

The assets are all the items owned by a company or business that are of economic value to that particular company. The assets are often expected to be of future benefit. Liabilities of the other hand represents the claims to the stockholders' equity held by the stockholders of the business. The stockholder's equity is the shared value that the stockholder's will receive when the assets and liabilities are liquidated.

You might be interested in
Sarah is preparing for the baptism of Chris. He bought five dressed chicken weighing 1 3/4, 2 1/8, 1 1/3,1 2/5, and 2 1/2 kilogr
wlad13 [49]

The total weight of the chicken is 9\frac{5}{48} kg.

The total weight of the chickens can be determined by adding the weights of the five chickens together.

Addition is a basic mathematical operation that is carried out by adding two or more numbers together.

Total weight = 1\frac{3}{4} + 2\frac{1}{8} + 1\frac{1}{3} + 1\frac{2}{5} + 2\frac{1}{2}

7\frac{720 + 120 + 320 + 384 + 480}{960}

7 \frac{2020}{960}

9\frac{5}{48} kg

To learn more about adding fractions, please check:

brainly.com/question/11664473?referrer=searchResults

7 0
2 years ago
Zolezzi Inc. is preparing its cash budget for March. The budgeted beginning cash balance is $26,000. Budgeted cash receipts tota
aliya0001 [1]

Answer:

Calculations below

Explanation:

beginning cash balance $    26,000

Add; Cash receipts         $ 105,000

Total cash available         $ 131,000

Less: Cash disbursments $ (94,000)

Excess (Deficieny) of cash available over disbursments $    37,000

Borrowings ($70,000-$37,000) $    33,000

Ending cash balance $    70,000

5 0
3 years ago
Read 2 more answers
When cisco systems inc. of san jose, california, and tata consultancy services of mumbai, india, entered into their __________,
ser-zykov [4K]
Strategic aliance is collaborative relationship between independent firms. Though this relationship the partnering firms  do not invest in one another, which means <span>do not create an equity partnership</span>
<span>Example is when Cisco systems inc. of San Jose, California, and Tata consultancy services of Mumbai, India, entered into their strategic aliance.  They both continued to develop market-ready infrastructure and network solutions for customers, but they relied on each other to provide the training and skills that one or the other might have lacked.</span>
3 0
3 years ago
You are considering buying common stock in Grow On, Inc. The firm yesterday paid a dividend of $7.80. You have projected that di
Lina20 [59]

Answer:

The answer is $56.68

Explanation:

Solution

We recall that:

The firm paid a dividend of =$7.80

The projected growth of dividends is at a rate = 9.0%

The annual return = 24.0%

Now,

V = ($7.80 * (1.09)/(.24 - 0.9)

= (8.502)/(.24-0.9)

= (8.502) * (-0.66)

= $56.68

Therefore, this would be the most we would pay for the stock. If we paid less than that, our return would be above the 24%.

3 0
2 years ago
Consider the following data for a closed economy:
notsponge [240]

Answer: The answer is given below

Explanation:

a. . Private saving

Private saving=Y+TR-C-T

= $11t + $1t - $8t - $3t

= $12 trillion - $11 trillion

= $1 trillion

b. Public saving

Public Saving= T-G-TR

Since G is not given, we can use:

I = public saving + private saving

$2t = public savings + $1t

Public saving= $2 trillion - $1 trillion

Public savings = $1 trillion

c. Goverment purchases

Since public savings = T - G - TR

$1t = $3t - G - $1t

G = $3t - $1t - $1t

G = $3 trillion - $2 trillion

G = $1 trillion

d. The goverment budget deficit or budget surplus.

There is a budget surplus of $1 trillion which has been calculated in the public savings.

4 0
3 years ago
Other questions:
  • Which of the following is an example of groupthink? A. Everyone on the team agrees with whatever you have to say with very limit
    5·2 answers
  • Please somebody help me
    14·1 answer
  • Cobe Company has already manufactured 23,000 units of Product A at a cost of $25 per unit. The 23,000 units can be sold at this
    6·1 answer
  • Making a prediction today about the​ world's population in twenty years based on current growth trends is an example of ▼ normat
    10·1 answer
  • Levenworth Company incurs unnecessary costs each period because of the excess quantities of inventory maintained to meet unexpec
    15·1 answer
  • West Side Medical Supply is in trouble. In the past two years, Fred Schultz, the owner, suddenly lost 26 percent of his business
    14·1 answer
  • Rice Corp. recognizes revenue over time to account for long-term contracts and has the following information for the first year
    13·1 answer
  • RLW-II Enterprises estimated that indirect manufacturing costs for the year would be $60 million and that 12,000 machine hours w
    7·1 answer
  • He following transactions are for Alonzo Company.
    11·1 answer
  • Greeting is the initial stage of the personal selling process that allows the sales person to "break the ice with the prospect.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!