<span>If a company purchases equipment costing $5,800 on credit, the effect on the accounting equation would be assets would increase by $5,800 and liabilities would increase by $5,800. When you purchase a new piece of equipment it becomes an asset because it is something you own that provides benefits. Due to purchasing the item on credit, it would also fall under a liability because it is money you have to pay back, similar to an IOU.</span>
Answer:
True
Explanation:
This act is also known as the<em> Financial Services Modernization Act of 1999</em>, redefined the financial product industry in terms of making the limits between the financial institutions' area of work. Above all, it defined the customer as an individual who obtains financial products from financial institutions, primarily for personal and household needs.
Explanation:
a.The Equipment Situation Report
Throughout the different life cycle processes of a device call, there are several XBRs. What is appropriate where you need to establish a dispatch of equipment if permission is not needed by the authorizing authority?
a. XBRPM130a – Create Equipment Dispatch – Without Approval
Which XBR happens when a deployment of equipment has to be completed?
a. XBRPM130f – Complete Equipment Dispatch
Which XBR could you use for just a matrix when creating and completing the dispatch of equipment?
a. XBRPM130g – Equipment Dispatch – Support Tool
Answer:
good afternoon friends have a great day
Answer:
total expected bonus = $1262800
Explanation:
given data
bonus = $23,000
Probability = 12 percent
bonus = $10,000
Probability = 25 percent
bonus = $6,000
Probability = 8 percent
total sales = 220
solution
first we get probability for bonus amount = $0
probability = 1 - ( 12% + 25% + 8 % )
probability = 0.55
so here Expected bonus per employee company will pay is
Expected bonus = $23000 × (0.12) + $10000 × (0.25) + $6000 × (0.08) + $0 (0.55)
Expected bonus = $5740
so total expected bonus is
total expected bonus = $5740 × 220
total expected bonus = $1262800