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scoray [572]
3 years ago
8

Which of the following transactions would cause a decrease in both assets and stockholders' equity? A) Paying advertising for th

e current month. B) Purchasing office equipment on account. C) Paying insurance premium for the next two years. D) Providing services to customers on account.
Business
1 answer:
Rainbow [258]3 years ago
5 0

Answer:

A) Paying advertising for the current month

Explanation:

Stockholder equity is the remaining amount of assets available to shareholder after all the liabilities have been paid. Incurring an advertising budget for that month again is going to reduce their equity and also asset likewise because it is an expense.

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To stay ahead of the​ competition, organizations have turned to​ _____________, using information systems to gather and analyze
Anni [7]

Answer: Business intelligence

Explanation: Business intelligence involves the use of analytic methods and technologies to process business information in order to get more positive results from a business.

The information used to carry out this process of analysis can be gotten from within the business or sourced from outside, depending on what needs to be checked.

8 0
3 years ago
Fern agrees to sell her guitar for $30 because she expects to gain more than she____from this sale.
masya89 [10]
The right answer for the question that is being asked and shown above is that: "b. benefits." Fern agrees to sell her guitar for $30 because she expects to gain more than she benefits from this sale.
8 0
3 years ago
Headland Co. has a held-to-maturity investment in the bonds of Schuyler Corp. with a carrying value of $79,200. Headland determi
Allisa [31]

Answer:

The Journal Entry is as follows:

Loss on Impairment $8,400

Debt Investment ($8,400)

Explanation:

Given.

Carrying Value = $79,200

Decreased Value = $70,800

Differences = $79,200 - $70,800

Differences = $8,400

Since the loss in value is determined, uncollectible.

The required entry on the journal entry are the amount loss on impairment and the amount invested on debt.

The Journal Entry is as follows:

Loss on Impairment $8,400

Debt Investment ($8,400)

7 0
3 years ago
The three basic ideas included in the definition of the marketing concept are: customer satisfaction, a total company effort, an
Sliva [168]
That statement is false. <span>three basic ideas included in the definition of the marketing concept are: 
</span>- Customer satisfaction
- Total company effort
- Sales and Profit as objective

Eventually, the main objective of all type business is to obtain as much profit as possible. Huge sales don't necessarily result in a huge profit.

8 0
3 years ago
When the price of a cell phone increases by 5 ​percent, the quantity of cell phone calls demanded decreases by 3 percent. calcul
Ratling [72]

To calculate the cross elasticity of demand you divide the percent change in quantity by the percent change in price.

5/3 = 1.666

7 0
3 years ago
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