Answer:
d.$7,091 increase
Explanation:
From the accounting equation, assets = liabilities + equity. If the total liabilities decrease by $27,275, the assets will also decrease by $27,275. Similarly, when stockholders' equity increased by $34,366, the amount of assets will increase by the same amount. The net increase in assets will be $7,091, which is the difference between the increase in stockholders' equity and the decrease in liabilities ($34,366 - $27,275).
<span>I will expect this a true or false question. The appropriate response is true. Get to consequently includes twofold quotes around qualities in the outline lattice that are arranged as Short Text fields when you run the question or move the addition indicate another cell in the plan grid.</span>
The answer is effectiveness lag. The effectiveness lag is
where the desired result that they are waiting for is based on the amount of
time that it would take in terms of the monetary policies or the fiscal effect
to produce.
Answer:
$18
Explanation:
Data provided in the question
Cost of inventory to purchased an item = $20
Selling price of an item = $30
Replacement cost = $18
Based on the above information, the amount that should be reported on the balance sheet is the cost of inventory or market value which ever is lower
As we can see that the replacement cost is less than the cost of inventory so the same is to be reported
Therefore we ignored the selling price of an item
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hope this helps!!