Answer:
Debit Credit
Cash 36,000
Land 175,000
Inventory 42,000
Accounts Payable 35,000
Austin Fisher, Capital 218,000
253,000 253,000
Explanation:
It is necessary before making the accounting entry, to determine which entry value will be given to the equity components.
The land and inventory must be valued at their market value
.
It must be taken into account that there is a debt that affects the land and it must be canceled by the partnership. It will be registered on accounts payable.
Answer: See explanation
Explanation:
a. State and describe the concept that leads to "conflict of goals between a firm's managers and its shareholders. Give a modern day example of this concept, and discuss some potential solutions.
This is referred to as the agency problem. This brings about conflict of goals between the manager and the shareholders. An example is when the managers use the resources of the company for their own personal benefits or in a scenario whereby the managers fake the earnings so that the stock prices will rise temporarily.
b. State and describe the concept that states, "factors of production are somewhat immobile." Give an example with detail.
This is referred to as imperfect market theory. When transferring labor, capital or other resources, there are costs attached to the transfer and restrictions as well. .
Compound interest formula:
A = P * ( 1 + r/n ) ^(n t)
In this case:
A = $200 * ( 1 + 0.04/2 )^(2*2) =
= $200 * ( 1.02)^4 =
= $200 * 1.08243 = $216.49
Answer: At the end of the 2 years she will have $216.49.
Answer:
Marketing mix refers to the four Ps of marketing: product, price, place, and promotion. In order to effectively market a good or service, there are a number of key elements, and these elements interact strongly.
Hope this helps you!
Have a great Day!
Please Mark me Barinleast!