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9966 [12]
3 years ago
8

Which of these costs would be the MOST difficult to adjust if you were looking to reduce your expenses?

Business
1 answer:
Lapatulllka [165]3 years ago
3 0

Answer:

b)Loan payment on a new car

Explanation:

These are the options for the question;

a)Dining out at local restaurants

b)Loan payment on a new car

c)Expenses for new clothes

d)Postponing a purchase for a big-screen TV

Expenses in finance is the cost incurred or an ouflow of cash in order to get a value back such as money spent on rent, feeding, buying new cloth and others. Expenses could be classified as Variable, fixed, operating, non-operating However, Expenses can be adjusted.

All the listed Expenses can be be easily adjusted except loan payment on a new car because, the loan payment on the new car is expenses inform of interest and can be classified as "non-operating"expense and doesn't go with the main activities like other expenses, so it must be deducted at agreed period.hence,it can be difficult to adjust.

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When the stockholders receive a dividend, how would this affect the equity of a business?.
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Assets and total equity will both be decreased is When the stockholders receive a dividend, how would this affect the equity of a business.

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Stockholders are the people who have purchased the stocks and have invested in the particular firm, they are the people. The stockholders hold some of the share of any company, which they can sell or purchase anytime.

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2 years ago
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spin [16.1K]

Answer:

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3 years ago
For each separate situation, indicate whether Cruz Company should (a) record a liability, (b) disclose in
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Answer:

Cruz Company

Indicating whether to (a) record a liability, (b) disclose in notes, or (c) have no disclosure.

Transaction                                                        Remark

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2. Damages for disgruntled employee      (b) disclose in notes

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When it is not probable that the supplier whose debt is guaranteed by Cruz will default on the debt, there is no need to make a disclosure since probable liability is not accruing to Cruz.  But with the legal case of a disgruntled employee, Cruz should disclose the information in a note.  It can only be recorded as a liability when the amount of the damages can be reasonably estimated.

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