Answer:
Assets in a company are those things owned by a company to enable it make profit.
Liabilities refer to those amounts and objects owed to other entities.
Equity refers to amounts and objects that represent shareholder interest. Any item that would be in the income statement is equity related because it is related to the net income which is an equity amount.
1. Accounts Payable - Liability as it is owed by the company .
2. Accounts Receivable - Asset as it is owed to the company.
3. Auto Expense - Stockholders' Equity as it is a part of net income.
4. Common Stock - Stockholders' Equity as it represents ownership in company.
5. Cash - Asset
6. Dividends - Stockholders' Equity as it is money paid to shareholders.
7. Fees Earned - Stockholders' Equity as it is part of the net income.
8. Land - Asset as it is owned by the company to generate profit.
9. Miscellaneous Expense - Stockholders' Equity as it is part of the net income.
10. Supplies - Assets as it is owned by the company to generate profit.
11. Supplies Expense - Stockholders' Equity as it is part of the net income.
12. Wages Expense - Stockholders' Equity as it is part of the net income.
Answer: Cost focus strategy
Explanation:
The cost focus strategy is one of the type of business strategy in which the various types of companies or organizations are try to expand their marketing segments and also emphasizing the cost in the market.
The cost focus strategy is one of the important element and component of the generic marketing strategy in the market.
According to the given question, the ski safety selling the various types of products for the rescue purpose and it outlining the main objective and start selling on the basis of emergency at very high cost.
Therefore, Ski safety is basically pursing the cost focus strategy.
Answer:
The correct answer is GDP.
Explanation:
The GDP is a macroeconomic magnitude that expresses the monetary value of the production of goods and services of final demand of a country or region during a given period, usually one year or quarterly.
GDP is used as an object of macroeconomic study. Its calculation falls within the national accounts. For its estimation, several complementary approaches are used. After the relevant adjustment of the results obtained, in a partial way, the submerged economy is included in its calculation.
Answer: $10
Explanation:
First, we need to calculate the total budgeted selling and administrative expenses for March which will be:
Advertising = $50,000
Add: Executive salaries = $60,000
Add: Depreciation on office equipment = $20,000
Add: Other = $40,000
Total = $170,000
Since the company has budgeted to sell 17,000 Debs in March, then the average budgeted selling and administrative expenses per unit sold for March is:
= $170000 / 17000
= $10
The goldsmith's ability to create money was based on the fact that: <span>Paper money in the form of gold receipts was rarely redeemed for gold
Because of this phenomenon, our earlier civilization obtains the idea to opened an institution that would transfer the equity from one hand to another which we commonly knew as the Banking System.</span>
