Answer:
The correct answer is American Accounting Association (AAA).
Explanation:
The American Accounting Association (AAA) promotes excellence around the world in education, research and accounting practice. Founded in 1916 as the American Association of University Accounting Instructors, its current name was adopted in 1936. The Association is a voluntary organization of people interested in education and research in the field of accounting.
Answer:
So, the most important determinant of consumption and saving is the income level.
Explanation:
:)
Exchanging things of value
Answer: $60,000
Explanation:
Sales are expected to grow by 15% so current Liabilities will also have to increase by 15% in order to fund the increase in Assets.
Increase in Spontaneous liabilities = Increase in sales * Current Liabilities
= 15% * (Accounts Payable + Accrued Liabilities)
= 15% * (250,000 +150,000)
= $60,000
Answer:
The correct answer is letter "A": Cooperative.
Explanation:
Cooperatives or co-ops are not real state ownerships but imply being in charge of a property under a lease agreement. Similar to condominiums, individuals can live in an apartment that belongs to an owner that in co-ops are companies. The tenant purchases stocks of the company becoming a stakeholder and in return, the company provides the tenant an apartment with a lease agreement for the possession of the property.
