Answer:
Find attached trial balance as well the general ledgers prepared extracting trial balance
Explanation:
Preparation of trial balance could not be carried out straightaway , I had to first of all prepare the relevant ledgers before extracting trial balance.
Answer: B Assets = Liabilities + Net Worth
Explanation:
The Balance Sheet which is also known as the Statement of financial position contains information on the total assets of a company, liabilities and the net worth of the owner or owner's equity.
I hope my answer helps.
Goodluck
The first marketing law suggests that in order to be successful in the market, the marketers need to understand the customer's demand and identify the brand positioning of the product in the market. Therefore, the option C holds true.
<h3>What is the significance of marketing laws?</h3>
Marketing laws are the ones that are universally accepted principles followed by marketers in order to get successful position in the market. The first and foremost law tells about how one should position the brand in a market over the demand of customers.
Therefore, the option C holds true and states regarding the significance of marketing laws.
Learn more about marketing laws here:
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The incomplete question has been completed below for better reference.
A. Understand customer's demands
B. Identify brand positioning
C. Both A and B
D. None of these
Answer:
C) $500
Explanation:
First we must determine the money multiplier = 1 / reserve ratio:
- money multiplier = 1 / 20% = 5
The bank's checkable deposits originally increase by $100, and since it will be able to lend all the money it can, $80, its checkable deposits will also increase by $80 x 5 (money multiplier) = $400.
So the total increase in the bank's checkable deposits = $100 (original deposit) + $400 (money created through loans) = $500
Answer:
Option (a) is correct.
Explanation:
Given that,
Equity = 140 Millions
Debt = 155 Millions
Debt Equity Ratio = Debt ÷ Equity
= 155 Millions ÷ 140 Million
= 1.11
KCE is financing its new project with 25 Millions
Let the New debt issued by x
and the New equity financed be (25-x)
.
Debt Equity Ratio = Debt ÷ Equity
1.11 = (155 + x) ÷ (140 + 25 - x)
1.11 = (155 + x) ÷ (165 - x)
183.15 - 1.11x = 155 + x
28.15 = 2.11 x
x = 13.34
Option (a) is the most nearest to this answer.
New Debt = 155 + 13.34
= 168.34 Millions
New Equity = 140 + 11.66
= 151.66 Millions