Answer:
<em>Retained Earnings = 109,909</em>
Explanation:
![\left[\begin{array}{cccc}cash&25,135&AP&67,855\\AR&43,758&NP&36,454\\inventory&172,500&Long-term&222,300\\fixed \:assets&332,300&Common\: Stock&150,000\\other \: assets&13,125&RE&110,209\\Total Assets&586,818&Total L+E&586,818\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7Dcash%2625%2C135%26AP%2667%2C855%5C%5CAR%2643%2C758%26NP%2636%2C454%5C%5Cinventory%26172%2C500%26Long-term%26222%2C300%5C%5Cfixed%20%5C%3Aassets%26332%2C300%26Common%5C%3A%20Stock%26150%2C000%5C%5Cother%20%5C%3A%20assets%2613%2C125%26RE%26110%2C209%5C%5CTotal%20Assets%26586%2C818%26Total%20L%2BE%26586%2C818%5C%5C%5Cend%7Barray%7D%5Cright%5D)
<u>First </u>
We add all the assets together. 586,818
<u>Then</u>
we add the lliabilities and common stock. 476,909
<u>Finally</u>
We use the accounting equation to solve for RE
Assets = Liab + Equity
586,818 = sum of liab and equity accounts
we know that all the accounts, except RE add to 476,909
586,818 = 476,909 + RE
586,818 - 476,909 = RE
RE = 109,909
Answer:
Countries that are open to international trade tend to grow faster, innovate, improve productivity and provide higher income and more opportunities to their people.
Explanation:
Trade is central to ending global poverty. Open trade also benefits lower-income households by offering consumers more affordable goods and services.
Hope this helped!!!
A cloud consumer is a person or organization that maintains a business relationship with, and uses service from, cloud providers.
Answer:
C) Debit Office supplies, $500; credit Accounts payable, $500
Explanation:
The journal entry is as follows:
Office supplies A/c Dr $500
To Account payable A/c $500
(Being the office supplies are purchase on credit is recorded)
Since the office supplies are purchased so we debited the office supplies that increase the assets and credited the account payable as it purchase on credit basis plus the liabilities are also increased
Answer:
b. evaluating alternatives
Explanation:
Decision making process involves identifying a problem, defining the decision criteria, determining the decision type, generating alternatives, evaluating and selecting the best possible alternative,
A problem is defined when a gap exists between actual and desired state. Next step is to identify the organizational criteria upon which decisions would be based.
Third step is to weigh pros and cons of the criteria in light of the situation. Next step is to generate alternatives and options which are available.
In the next step, all the available options are weighed w.r.t organizational criteria, which is the evaluation stage.
The last step is the selection of the most feasible alternative and it's implementation.
