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Eddi Din [679]
3 years ago
12

The​ stockholders' equity of Kowalski Company at the beginning and end of 2018 totaled $ 122 comma 000 and $ 140 comma 000​, res

pectively. Assets at the beginning of 2018 were $ 149 comma 000. If the liabilities of Kowalski Company increased by $ 69 comma 000 in 2018​, how much were total assets at the end of 2018​? Use the accounting equation. A. $ 218 comma 000 B. $ 62 comma 000 C. $ 236 comma 000 D. $ 220 comma 000
Business
1 answer:
lesya692 [45]3 years ago
7 0

Answer:

Option (c) is correct.

Explanation:

According to the accounting equation,

Assets = Liabilities + Shareholder Equity

Increase in equity of stockholders:

= Ending stockholders equity - Beginning stockholders equity

= $140,000 - $122,000

= $18,000

Increase in asset during 2018:

= Total asset at the end of 2018 - total asset at the beginning of 2018

Hence,

Increase in asset during 2018 = Increase in liabilities + Increase in equity of stockholders

(Total asset at the end of 2018 - total asset at the beginning of 2018) = (Increase in liabilities + Increase in equity of stockholders)

(Total asset at the end of 2018 - $149,000) = ($69,000 + $18,000)

Total asset at the end of 2018 = $87,000 + $149,000

                                                  = $236,000

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Complete Question:

Which of the following is true of managerial decision making?

Group of answer choices.

A. Most managerial decisions lack structure.

B. Managerial decisions are always free of risks.

C. Managerial decisions are taken under conditions of perfect certainty.

D. Managers show consistency in their decisions in response to novel problems.

E. A manager’s decisions have the characteristics of programmed decision

Answer:

A. Management decisions typically lack structure.

Explanation:

The management of an organization or business firm are typically involved in taking up leadership roles and as such are expected to build a strong relationship between their employees by creating a fair ground for effective communication and sharing of resources and information.

A decision-making process can be defined as a cognitive process which typically involves an individual or business selecting the best option, course of action, or belief among several alternatives, so as to meet a particular need or accomplish a goal. Thus, it typically involves the process of gathering informations, accessing and weighing the informations with their alternatives and choosing the best option.

Generally, management decisions are considered to typically lack structure because most problems are novel and as such would require different procedures to follow in proffering solutions. Thus, most management decisions are non-programmed decisions making them to lack structure i.e being unstructured.

6 0
3 years ago
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Lerok [7]

Answer:

Nathan's contention is wrong.

Explanation:

Storage of money at home involves the opportunity cost of losing out on income that would've been generated had the same money been invested elsewhere or deposited with a bank.

Secondly, money stored at home is vulnerable to theft and other forms of risks.

Thirdly, stored money at home does not contribute to any economic benefit since such money is out of circular flow of money in the economy. So it yields no return.

Thus, Nathan's contention of stored money at home being costless is wrong.

4 0
3 years ago
Look at the scenario Linear Production Possibility Frontier. What is the maximum number of pairs of socks Largetown can produce?
LenaWriter [7]

Answer:

A) 40

Explanation:

The chart is not very clear, but the information included is:

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Answer:

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Explanation:

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