Answer:
Assets increase by $5,000 increase, equity decrease by $5000
Explanation:
The accounting equation is expressed as below.
Assets = Liabilities + shareholders equity
- Assets are valuable items that the business owns.
- Liabilities are the debts of the business.
- Shareholder equity is the owner's capital, plus the retained earnings.
The transaction by Celery Company involves buying supplies valued at $5000 by cash.
- Since celery paid cash, no liabilities were incurred. The shareholder money (Equity) decreased by $5000.
- Supplies worth $5000 were acquired. The suppliers belong to the business; they are valuable items( assets) to the business.
Answer:
C. Part-time employees should be compensated with an hourly wage
because the number of hours they may work each month
changes
<u>Multiple-choices</u>
employee is compensated?
A. Part-time employees should be compensated with a salary
because the number of hours they may work each month
changes
O
B. Part-time employees should be compensated with an hourly wage
because the number of hours they work each month is always the
same.
O
C. Part-time employees should be compensated with an hourly wage
because the number of hours they may work each month
changes
O
D. Part-time employees should be compensated with a salary
because the number of hours they work each month is always the
same.
Explanation:
Part-time workers are called to duty on a need basis. Usually, part-time workers are assigned specific tasks to perform is within a particular duration. Their contribution is measured in terms of hours worked or completed units of output.
Part-time workers contrast with full-time workers who report for duty every working day. Part-time workers are not required to work for certain hours per week or month like full-time workers. The number of hours that a part-time worker works in a week varies from time to time. Therefore, the best way of compensating them is through an hourly rate.
The reason why it is difficult for Rivals to challenge atlas
door is probably because of the high threat of substitutes in which the rival
fears that the atlas door will replace them and send them off out of the
business when they are overpowered by the other party.
Both of the president are not good president to be honest
Answer: B.both stocks are equally good investments
Explanation:
The options are;
A.it is better to buy shares in Bad Firm
B.both stocks are equally good investments
C.it is better to buy shares in Good Firm
D.both stock prices react equally to the same information
From the question, we are informed that Good Firm is highly profitable and will grow rapidly in the future while Bad Firm faces the same risks but barely makes a profit and will not grow at all. It should be noted that In an efficient market, both stocks are equally good investments.
