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dezoksy [38]
3 years ago
5

Purchasing office supplies on account will: Multiple Choice Not change assets. Increase assets and decrease liabilities. Increas

e assets and increase liabilities. Increase assets and increase stockholders' equity.
Business
1 answer:
Kobotan [32]3 years ago
3 0

The correct option is C - Increase assets and increase liabilities

<u>Explanation:</u>

When anorganization purchases office supplies on account then it becomes essential to record such supplies as supplies on hand. Generally, in a business organization, the supllies on hand are used up within the span period of one year which means that they are to be recorded as current asset in the financial statement ( balance sheet). As no cash has been paid to merchandise, so it increases the liabilities also.

Therefore, it will increase the current assets and current liabilities.

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Do some independent research on Nicholas Carr (the author of "IT Doesn’t Matter") and explain his current position on the abilit
pychu [463]

Answer:

I agree with Carr's position.

Explanation:

Nicholas Carr is a book author who conceived in america and he has distributed numerous books and articles on innovation, business, and culture.  

Nicholas Carr composed an article called "IT Doesn't Matter" in Harvard Business school at 2003 and in the year 2004 he distributed book called "Does IT Make a difference"  

So His thoughts irritated the data innovation industry for decages.  

Nicholas Carr is a previous individual from the Encyclopedia Britannicas publication leading group of counsels.  

Nicholas Carr was additionally in the directing leading group of the World Economic Forums distributed computing venture.  

Nicholas Carr was an author in home at the University of California at Berkeleys news coverage school.  

So Since 2005 he has composed the well known blog which got exceptionally famous.  

Nicholas Carr was likewise previous official proofreader of the Harvard Business Review.  

His present position is composing and giving a few methods in business and innovation.  

I concur with the situation of Nicholas Carr why in light of the fact that with the assistance of his articles we would knowledge be able to better information on business, innovation and culture.  

With the goal that we can improve our range of abilities and we can learn new things in various societies and advancements.  

By help of his articles and books we can increase some view over various territory in business and new innovations.  

So there are a lot of individuals who followed his articles and books and got numerous inputs to him with respect to the new articles and innovations.  

Nicholas Carr utilizes crafted by Gary Small and enduring the mechanical change of the advanced psyche and the hypothetical bedrock of The Shallow and he likewise cast chilling forecasts about what's to come.  

Nicholas Carr books overlooks the nature of the real book being perused and which is appears to accept that the thoughts in books are of inherently better quality.  

Indeed, even every one of Nicholas Carr proclamations are seen to disentangle after a touch of pushing.

7 0
3 years ago
Suppose the real risk-free rate is 2.50% and the future rate of inflation is expected to be constant at 4.10%. What rate of retu
Yakvenalex [24]

Answer: 6.6%

Explanation:

The Pure Expectations Theory believes that the future long term rate is a reflection of future short term rates.

In terms of a 5 Treasury Security then, the rate of return to be expected is the risk free rate adjusted for inflation.

The Treasury Security has no risk but for inflation risk hence this is all that should be catered for.

Rate of Return on 5 year Treasury Security = Real Risk Free Rate + Inflation Rate

= 2.5% + 4.1%

= 6.6%

5 0
3 years ago
Tentukankata ganti nama​
ikadub [295]
Kata ganti dan nama orang.
5 0
2 years ago
Denny Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled
inn [45]

Answer:

26.4%.

Explanation:

Net Profit:

= Saving of Labor & other Costs - Maintenance Cost of Machine -  Depreciation On Machine (100,000/ 16 years)

= $40,000 - $10,000 - $6,250

= $23,750

Initial Investment:

= Cost of new Machine - Salvage value of old machine

= $100,000 - $10,000

= $90,000

Simple Rate of Return = Net Profit ÷ Initial Investments

= $23,750 ÷ $90,000

= 0.264 × 100

= 26.4%

5 0
3 years ago
Difference between sole proprietorship and independent contractor
wariber [46]

Answer:

Explanation:

A sole proprietor is a person who owns, manage, finance and organize a business firm.

It refers to an individual who owns a business that has not been registered as a business entity. Such business includes partnership, limited liability company (LLC) and a corporation.

A sole proprietor is responsible for decision making process of his business and also bears the burden of profit, loss and tax alone.

WHILE

An independent contractor is an individual who works for another individual. An independent contractor provides services to another person but he is not an employee of the other person. An independent contractor is a self employed person who provides professional services to a business organzation.

He is paid based on the amount of work done. Examples of independent contractor includes graphics designer, data analyst, web designer or IT expert.

8 0
3 years ago
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