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natulia [17]
3 years ago
8

If total liabilities decreased by $15,000 and stockholders' equity increased by $10,000 during a period of time, then total asse

ts must change by what amount and direction during that same period? A) $25,000 decrease.B) $5,000 decrease.C) $5.000 increase.D) $25,000 increase.
Business
1 answer:
scoray [572]3 years ago
4 0

Answer:

The total assets must change by B) $5,000 decrease

Explanation:

hi, remember that:

Assets=Liabilities+Equity

If liabilities decrease by $15,000 and equity increases by $10,000...

Assets=(Liabilities-15,000)+(Equity+10,000)

Assets=Liabilities+Equity-5,000

Therefore, to balance this equation, we have to substract -$5,000 from the assets, therefore, the assets decrease by 5,000, which is B)

Best of luck.

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Answer:

The correct answer is Supply Chain

Explanation:

TT toys have recently started buying paint from a Chinese company to complete the final product. The Chinese company is part of the supply chain because it is helping TT toys to complete the final product. The Chinese company is providing a resource, and any operation which acts as a source, resource, or information to complete a product is a part of a supply chain management.

4 0
3 years ago
How do businesses and the society benefit from marketing?
Verdich [7]

Answer:

Marketing stimulates a competitive economy, promotes products and services, and targets consumers who are most likely to become purchasers. Higher sales for a company that employs effective marketing strategies translate into expansion, job creation, higher government tax revenue, and eventually, overall growth.

HAVE A GOOD DAY!

5 0
3 years ago
A state whose fiscal year ends June 30, 2019, had the following transactions and events. For each item, compute how much total e
inn [45]

Answer:

$3,750,000

Explanation:

The total amount of expense = current salaries +accrued salaries

The total amount of expense = $3,600,000+ $150,000

The total amount of expense= $3,750,000

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4 0
3 years ago
The Marx Company issued $98,000 of 8% bonds on April 1 of the current year at face value. The bonds pay interest semiannually on
Fed [463]

Answer:

$4,800

Explanation:

Interest Expense of the bond is calculated by multiplying Face value and Coupon rate. Any discount or premium is amortized over the life of the bond and added or deducted from the interest payment in order to record the interest expense.

As per given data

Face value of Bond = $80,000

Coupon Rate = 8%

Interest Expense = Face value x Coupon rate

As on July 1 interest of only 3 months has been accrued, so we will record the interest expense of 3 months only.  

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8 0
3 years ago
Read the passage, and then answer the question.
kicyunya [14]

Answer:

3) Reject redundancies.

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The statement is redundant because 2 of the three sentences essentially convey the same messange:

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Those two sentences say the same, and one of the two can be dropped to express more clarity, and reject redundancies.

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3 years ago
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