1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Phoenix [80]
3 years ago
12

During the year, Bassett Company paid a total of $58,000 for inventory. In one transaction, Bassett sold inventory that had cost

the company $1,400 for $4,300 on accounts receivable. How much did total assets increase (decrease) as a result of this one transaction?
Business
1 answer:
a_sh-v [17]3 years ago
6 0

Answer:

$2,900 Increase

Explanation:

Considering the transaction

  • Bassett sold inventory that had cost the company $1,400 for $4,300 on accounts receivable - Here, inventory reduces by $1,400 while accounts receivable increase by $4,300. This leaves a net impact of $2,900 (4300-1400) on total assets.

Hence the results of this one transaction is an increase of total assets by $2,900.

You might be interested in
How should Kraft Canada make the brand messaging of Kraft singles compelling to Canadian Millennial moms?
lidiya [134]
 Kraft can help be the millennial moms Focus “bonding and togetherness” through a common cause of health and convenience For their families<span>. 
They need this approach because millenial moms are tend to be health conscious compared to the previous generation and they also tend to don't have much time at home since they're joining the workforce.</span>
7 0
3 years ago
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: S
Y_Kistochka [10]

Answer:

Product cost= $75

Explanation:

Giving the following information:

Variable costs per unit:

Direct materials $17

Direct labor $47

Variable manufacturing overhead $11

Under the variable costing method, the unitary product cost is calculated using the direct material, direct labor, and unitary variable overhead:

Product cost= 17 + 47 + 11= $75

6 0
2 years ago
Janine buys swimwear for a chain of apparel stores. At a recent trade show, she took the opportunity to meet with a few vendors.
Rama09 [41]

Answer:

B. inform her divisional merchandiser manager of the proposal

Explanation:

Since in the question it is mentioned that the Janine buys from each season also she knows that this thing would become benefiical what European tourists are wearing and applying this in an assortment for the customers that are targeted

So before discussion with the vendor first she reports the divisional merchandiser manager regarding this proposal

3 0
3 years ago
Dan Pink argues that for 21st century tasks in creative businesses the mechanistic, reward-and-punishment approach will not work
Ber [7]

Answer: True

Explanation:

This statement is true. Dan Pink argued that when it came to creative businesses, it would be best to use intrinsic as opposed to extrinsic rewards to encourage employees as extrinsic rewards such as money could constrain creativity.

Intrinsic rewards are those that are psychologically rewarding such as giving employees tasks that are fulfilling and make them feel part of the team as well as positive feedback from employers.

8 0
2 years ago
Magnira Inc. is trying to promote its cosmetics. It offers discounts to customers who post about its products' benefits in their
Assoli18 [71]

Answer:

Word of Mouth.

Explanation:

As Magnira Inc. is trying to promote its cosmetics. It offers discounts to customers who post about its products' benefits in their social media accounts. This enables others to know about the company's products. In this case, customers of Magnira Inc. are involved in word of mouth. Word of mouth is considered as more authentic, valid and reliable source of information for the customers. Customers truly believe that its more genuine kind of information which is coming from the customers not the company itself, therefore, customer pay more attention to it and give more weightage to it. Customers do not believe much on the advertisement because they know that ads are being aired by the company itself and it is the paid from but word of mouth are the true and genuine comments and feedback of the customers who have used the brand by themselves.

3 0
3 years ago
Other questions:
  • Define the 8 steps in the engineering design process
    11·2 answers
  • Match each event with the correct description of the company’s use of social media.
    15·2 answers
  • Smith &amp; Sons, Inc., is authorized to issue one million shares of $1 par value common stock. The company actually sells 500,0
    13·1 answer
  • Anne-Marie Cole runs the sales division for a local auto insurance firm. One of her key duties is to calculate her company's mar
    14·1 answer
  • Suppose it costs $2,500 to buy a defibrillator. Find the expected value of owning a defibrillator if there is a 4% probability t
    10·1 answer
  • Jim was a mechanic. One day when he attempted to weld a car's gasoline tank, it exploded and he was hurt. He filed to collect wo
    12·1 answer
  • Assume that the price of oranges increases to $2, while the price of apples remains at $1, and Linda allocates $5 of the weekly
    13·1 answer
  • Gary owns shares in a company called Archibald Industries Inc. The company's financial performance has been declining over the p
    5·2 answers
  • If the company budgets to need 4000 units to sell for a month, has a beginning inventory of 1000 units and a desired ending inve
    7·1 answer
  • What is AIA Invoicing​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!