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Sonja [21]
3 years ago
11

Explanation of accounting equation

Business
1 answer:
lisov135 [29]3 years ago
8 0

Answer:

Calculating the Equation

The balance sheet holds the basis of the accounting equation:

Locate the company's total assets on the balance sheet for the period.

Total all liabilities, which should be a separate listing on the balance sheet.

Locate total shareholder's equity and add the number to total liabilities.

Total assets will equal the sum of liabilities and total equity.

Explanation:

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The relatively stable feelings, thoughts, and behavioral patterns a person has is:
podryga [215]

Answer:

The correct answer is letter "B": personality.

Explanation:

Personality refers to all those behaviors, cognitions, and emotions individuals have and are the result of biological factors and the interaction of people with society. In such a case, it is said that personality factors are inherent and acquired. People's personalities are different and each one of them has unique features that make it impossible for two individuals to be the same.

3 0
3 years ago
Read 2 more answers
You expect General Motors (GM) to have a beta of 1.5 over the next year and the beta of Exxon Mobil (XOM) to be 1.9 over the nex
kifflom [539]

Answer:

Which stock has more systematic risk?

  • Exxon Mobil (XOM)

Which stock has more total risk?

  • General Motors (GM)

Explanation:

Systematic risk refers basically to the stock's risk compared to the market risk, when the stock's beta = 1, its systematic risk is the same as the market risk. In this case, since XOM has a larger beta than GM, then its systematic risk is higher.

To calculate which stock has a higher total risk I just multiply the stock's beta times the expected volatility, and GM's risk is higher.

8 0
3 years ago
A firm that offers auxiliary or peripheral activities that enhance the primary product is offering a?
Scrat [10]

A firm that offers auxiliary or peripheral activities that enhance the primary product is offering a service.

A firm is a for-profit enterprise, normally shaped as a partnership that gives expert services, along with prison or accounting services. The principle of the company posits that firms exist to maximize earnings.

A firm is any form of commercial enterprise. Examples of firms are a sole proprietorship, partnership, limited legal responsibility corporation, or employer. The term is barely extra typically associated with a partnership.

A corporation is known as a firm while it's far a partnership of or extra men and women. An enterprise is a prepared institution of human beings with a specific motive, such as a business or government branch.

Learn more about firms here brainly.com/question/25623677

#SPJ4

6 0
2 years ago
A buyer for a manufacturing plant suspects that his primary supplier of raw materials is overcharging. To determine if his suspi
Greeley [361]

Answer:

The hypothesis that the buyer should test is the paired t-test for the mean difference.

Explanation:

We are given that a buyer for a manufacturing plant suspects that his primary supplier of raw materials is overcharging. To determine if his suspicion is correct, he contacts a second supplier and asks for the prices.

The data is given below;

Material        Primary supplier        Secondary supplier     Difference

   1                        $55                              $45                         $10

   2                        $48                              $47                          $1

   3                        $31                              $32                         -$1

   4                        $83                              $77                          $6

   5                        $37                              $37                          $0

   6                        $55                              $50                          $5

   7                        $47                              $40                          $7

The hypothesis that the buyer should test is the paired t-test for the mean difference because we are interested in comparing the difference between the cost of raw materials charged by both the suppliers.

6 0
3 years ago
Kenney Co. uses process costing to account for the production of canned energy drinks. Direct materials are added at the beginni
mario62 [17]

Answer:

Kenny Co.

Cost per equivalent units:

                             Materials       Conversion

Costs:                  $55,800          $55,824

Equivalent units     15,600             12,950

Cost per equivalent:

Materials:

$55,800/15,600 =  $3.58           $4.31 ($55,824/12,950)

Cost per equivalent unit for Conversion = $4.31

Explanation:

a) Data and Calculations:

Equivalent units:

Materials 15,600

Conversion 12,950

Beginning WIP:

Materials $9,500

Conversion $4,450

April costs:

Materials = $55,800

Conversion $55,824

Ending WIP:

Materials = 5,300 (100% complete)

Conversion = 2,650 (50% complete)

4 0
4 years ago
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