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aleksley [76]
3 years ago
11

Which of the following statements best represents the reason for the accounting equation?

Business
1 answer:
NikAS [45]3 years ago
3 0

Answer:

c. The total of everything owned by a business must always equal the total of what the business owes to creditors and owners.

Explanation:

In every balance sheet, the accounting equation has used that means

Total assets = Total liabilities + Shareholder equity

The statement of stockholder's equity comprises common stock and retained earnings. And, the balance sheet comprises of the assets and liabilities.

The total assets comprises of current assets, fixed assets and the intangible assets

The current assets includes cash, stock, account receivable, etc

Fixed assets include plant & machinery, land, equipment, furniture & fittings, etc.

And, the intangible assets include patents, copyrights, goodwill, etc.

And, the total liabilities include current liabilities and the long term liabilities

With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.

Hence, the most appropriate option is c.

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Of the following, which is NOT a characteristic of culture that is important for global companies to recognize? a) Culture can b
Vinil7 [7]

Answer:

a. Culture can be imposed from home country to host country.

Explanation:

Organization Culture are set of values, systems, belief, attitude and behaviour which shows how employees and business owners communicate with outsiders. Organization culture provides direction and influences decisions of management in an organization.

It imperative for global company to have it's own unique culture as they would easily be identified with that behaviour. They must also live by and adjust to the culture of the host community.

An ideal global company must have clear vision, best practises, set of values and people oriented culture inorder to be differentiated and have a lasting organization.

Characteristics of cultures global companies should have;

-It is the duty of global firm to to know the level and importance of various aspects of culture in the foreign market it serves.

-Country operations and management needs to adjust to the cultural environment existing in the countries the global firm serves

-Culture is learned and not inherited.

-It is nearly impossible to change an entire country's culture.

8 0
3 years ago
Henriette offers financial counseling and management on a fee-only basis. She has found that different customers are willing to
Tju [1.3M]

Answer:

The correct answer is letter "C": how different customers perceive the value of her services.

Explanation:

Different consumers could value goods or services differently depending on what those products represent for them. <em>The higher the utility of the good or service, the more individuals will be willing to pay for it. </em>This situation could affect or benefit providers being this the reason why most of them have a <em>fixed price</em> on what they offer.

Thus, <em>the reason why some of Henriette's customers pay her different rates is that some of them find her services more valuable than others.</em>

8 0
3 years ago
1. List three ways to get money OUT of your checking account.<br> CÓ<br> a<br> b.<br> C.
sammy [17]

Answer:

See below

Explanation:

A checking account is held at a financial institution. It allows the account holder to deposit or withdraw money as many times as they wish.

Money in a checking account can be gotten out or withdrawn in the following ways

  • Withdraw over the counter at the bank premises.
  • Withdraw at an ATM machine using a debit card or other electronic cards.
  • Writing a check in favor of the intended recipient

Other ways include;

  • Electronic transfers from one account to the other using the internet or banking apps-online banking
5 0
3 years ago
When companies go public they get a direct say in choosing the price of their stocks.
aev [14]

Answer:

This statement is false.

Explanation:

Company stocks are determined by supply & demand.

Unrelated Fun Fact:

<em>Lake Hillier in Australia is nearly as salty as the Dead Sea. Scientists suspect that some salt-loving bacteria (chiefly Salinibacter ruber) and algae give the lake its pink hue.</em>

7 0
3 years ago
Read 2 more answers
The sale of a new brand of flavored water, taste funny, soared after it was used in many scenes in the latest blockbuster action
alexgriva [62]
Classical conditioning, in psychology, is when you are self-conditioned by an active stimulus. This means that your perspective on a thing is influenced by how people respond to it. In this case, many people would watch a blockbuster action movie. Depending on how it was used, people will be curious and tend to think that that flavored water must be really delicious based on how the actor responded to it.
4 0
3 years ago
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