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
Elena L [17]
3 years ago
5

During September 2022, Carla Vista Diner’s total liabilities decreased by $69000 and its stockholders’ equity increased by $1000

0. The company’s total assets must change by what amount and in what direction during that same period?
Business
1 answer:
Over [174]3 years ago
3 0

Answer:

assets reduced by $59,000

Explanation:

To solve the problem we use the accounting formula.

Asset= Total liabilities + owner's equity

Since we are dealing with change in asset, liability, and equity

Change in asset = change in liability + change in owner's equity

Change in asset= -69,000 + 10,000

Change in asset= - 59,000

This implies that the company's assets reduced by $59,000

You might be interested in
the project manager of a sports apparel company, estimates that the demand for jogging shoes is likely to decline in the coming
ra1l [238]

Answer:

linkages

Explanation:

The company , Sports Apparel company makes sports clothes which includes footwear .

From the question , the manger was aware about the lower demand of the jogging shoes , and hence , via the intercommunication between the manager and the departments called the linkages . Insure to reduce the amount of raw material to minimize any wastage of the raw products , because of less demand .

8 0
3 years ago
From the list below, select the items that are classified as a materials activity. (You may select more than one answer. Single
KATRIN_1 [288]

Answer:

(b) Internal failure costs (d) Prevention cost

Explanation:

(a) External failure costs are those costs incurred due to product failures after they have been sold to customers. These costs include: Legal fees related to customer lawsuits. Loss of future sales from dissatisfied customers.

b) Appraisal costs are a specific category of quality control costs. Companies pay appraisal costs as part of the quality control process to ensure that their products and services meet customer expectations and regulatory requirements. These costs could include expenses for field tests and inspections

(c) Internal failure costs are those costs of quality associated with product failures that are discovered before a product leaves the factory. These failures are discovered through the firm's internal inspection processes.

(d) Prevention costs are those costs incurred to avoid or minimize the number of defects at first place are known as prevention costs. Some examples of prevention costs are improvement of manufacturing processes, workers training, quality engineering, statistical process control

3 0
3 years ago
Read 2 more answers
Different between business management and business administration​
Romashka [77]

Answer:

A business management degree focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business.

5 0
4 years ago
Read 2 more answers
Nicolas signed an installment agreement to borrow $1,000 for 3 years to be paid back monthly. The cost of the loan is $195.56. W
vova2212 [387]

Annual percentage rate or APR is a credit card's interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as a yearly rate. This is called the annual percentage rate (APR).

Now, According to the Question,

We are Given :-

  • Amount Financed = $1,000
  • Time = 3 Years, paid back monthly
  • Cost of Loan = $195.56

<u>CALCULATION</u>

Finance Charge / Amount Financed =

$195.56 / $1,000 = 19.56

Table factor of 19.56 at 36 periods = 12% APR

Therefore the APR for the borrowed money is 12%

To know more about Annual percentage rate or APR, check the links.

brainly.com/question/2940185

brainly.com/question/2772156

#SPJ4

7 0
2 years ago
Which of the following best describes the law of supply and demand?
Zina [86]

Answer:

D. When a desirable product or service is scarce, its value increases.

Explanation:

Demand is the volume of a commodity or service that buyers are willing to purchase in the market at a given price. Supply refers to the quantity of service of a product that suppliers are willing to avail in the market for sale. The law of supply and demand illustrates the interactions between buyers and sellers.

As prices increase, sellers are willing the supply more, but buyers will want to buy fewer quantities. The opposite is also true. Products that provide a higher utility value will always attract high prices. If such products are scarce, their prices are bound to go even higher.

7 0
3 years ago
Other questions:
  • Which government agency is in charge of regulating the sale of stocks and bonds? A. The Securities and Exchange Commission B. Th
    9·1 answer
  • Thyme, Inc. owns 16,000 of Sage Co.'s 20,000 outstanding common shares. The carrying value of Sage's equity is $500,000. Sage su
    13·1 answer
  • Which calculation helps determine which producer has the absolute advantage? Resources used multiplied by amount produced
    13·2 answers
  • After a listing agreement is signed, and if the agent is a member of a marketing service called a Multiple Listing Service (MLS)
    6·1 answer
  • McMahon Inc. reported the following on the company's statement of cash flows in 2016 and 2015:
    11·1 answer
  • What is the 4P of marketing
    13·1 answer
  • Which part of a persuasive message is NOT part of the actual message but rather a lasting thought
    10·1 answer
  • PLS HELP ME :(
    8·2 answers
  • What number is 0.1 more than 30.7?
    15·1 answer
  • In a traditional economy, things are produced based on.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!