It already does affect the workplace.
Answer:
The effect is an increase in the balance of assets by $87,000 and a corresponding increase in the balance of liabilities.
Explanation:
The accounting equation shows the relationship between all the elements of the balance sheet. These are the assets, liabilities and owners equity. It is shown as
Assets = Liabilities + Equity
When a company buys an asset on account, the entries required are debit assets, credit accounts payable. This means that asset increases but so does liabilities balance.
Hence asset increases to
= $624,000 + $87,000
= $711,000
Liabilities also increases to
= $262,000 + $87,000
= $349,000
Answer:
Beyond compliance leadership
Explanation:
Beyond compliance leadership is a very crucial strategic focus which requires a firm to go extra mile beyond the effort their compititors are making, their products should be differentiated from their competitors through proactive environmental commitments.
It should be noted that In the Beyond compliance leadership
strategic focus, firms use their proactive environmental commitments in an attempt to differentiate their products and services for their customers and also allows potential customers to consider the natural environment when they are purchasing products and services.
Answer:
Increased by 7.2 days
Explanation:
As in the question it is mentioned that the operating cycle is increased from 97.4 days to 101.7 days so the difference in days is
= 101.7 days - 97.4 days
= 4.3 days
And, the cash cycle is decreased by 2.9 days
So, the total number of days would be
= 4.3 days + 2.9 days
= 7.2 days
These have been the negative impacts
The options that are mentioned in wrong and the above is the righ answer
