Answer:
a set of assumption framework and methodologies used in the study of application of financial reporting principles
Answer:
The stockholders' equity is $6,90,000.
Explanation:
<u>Calculating the Total stockholders' equity:</u>
Total stockholders equity = Beginning stock equity + Net income
Total stockholders equity = (31,000 * 20) + 70,000
Total stockholders equity = 6,20,000 + 70,000
Total stockholders equity = $6,90,000
Credit limit refers to the maximum amount of credit a financial institution extends to a client through a line of credit as well as the maximum amount a credit card company allows a borrower to spend on a single card.
In 2003 the presidents of the African countries of Mali and Burkina Faso <span>requested that rich countries apply free trade rules to those products where poor countries have a proven competitive advantage.</span><span>
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Answer:
The price level and GDP will fall.
Explanation:
A decline in money supply will increase the interest rate, as a result the investment will decline. This will cause production to decrease. An increase in tax will cause the cost of production to increase, reducing the supply. The taxes will decrease the disposable income, further reduing demand and cnsumption. A pessimistic expectation of business will also cause production to decline.
A rise in the value of dollars will make exports expensive, reducing exports. All of this will cause the GDP and price level to decline.
