Answer:
In this case, the amount of $20,000 represents the owner's equity.
Explanation:
Assets:
Assets are the items that are own by a business. Examples of assets are inventory, machinery, company owned vehicles etc.
Liabilities:
Liabilities are the items a business owes to others. Examples of liabilities are bank dept, taxes, mortgage debt etc.
Equity:
Owner's equity is also known as net assets refer to the owner share of assets when the liabilities are paid off.
The relation between Assets, liabilities and owner equity are represented in a equation as:
Assets = Liabilities + Owner Equity
Answer:
(b) Reliability
Explanation:
Correct word for the given statement is Reliability
Reliability is the trait which was not referred to as a significant component of a successful estimating framework for advertising. Though profundity, expansiveness, and time were significant elements of a compelling estimating framework for advertising.
How much an item is dependable is identified with 'trust', something that is hard to quantify on an individual premise.
The idea of reliability is hard to showcase and promote straightforwardly to potential clients
Answer:
Increase by 4.8%
Explanation:
The 4% price reduction will cause an increase in demand by 2.4%.
The 2% rise in income will cause an increase in demand by 2.4%
If we take into account both variations and add them, we have an increase in demand by 2.4%+2.4% = 4.8%
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Hope this answers your question :D
BTW this is my first answer
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