Answer:
d. Revenues increase, so total equity is increased.
Explanation:
Consulting Revenue of $700 will increase the total revenue of the business and total equity of the business as the revenue will increase the net profit which will ultimately be added to the equity balance. Increase in revenue will result in increase in equity and Increase in expenses will decrease the equity.
Answer:
C. No
Explanation:
QSPM analysis: QSPM stand for Quantative Strategic Planning Matrix is a strategic tool to evaluate various strategies to find best alternative. It is the third stage of strategy formulation, which include all the details of previous stages. There is no limit of strategies that can be evaluated or different sets of strategies that can be examined at once using the QSPM. The QSPM weights are identical to the EFE and IFE Matrix.
