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maria [59]
3 years ago
5

Which of the statements below is​ TRUE?A.Accounting Identity​ is: Assets equivalentLiabilities minus​Owners' Equity.B.Accounting

Identity​ is: Assets equivalent​Owners' Equity minusLiabilities.C.Accounting Identity​ is: Assets equivalentLiabilities​ + Owners' Equity.D.Accounting Identity​ is: Liabilities equivalentAssets​ + Owners' Equity.
Business
1 answer:
jeka57 [31]3 years ago
8 0

Answer:

C.Accounting Identity​ is: Assets equivalentLiabilities​ + Owners' Equity.

Explanation:

In accounting identity all variables must balance, if they do not balance according to the equation then there must be an error in formulation, measurement or calculation.

The basic assumption in accounting identity is that the balance sheet must balance. That is assets must be equal to a sum of liabilities and owner's equity.

Asset= Liabilities+ Owners Equity.

This relationship is based on the convention of double entry, for every debit there is an equal credit.

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The _________ strategy involves a firm using different marketing mix activities to help consumers perceive the product as being
nadezda [96]

Answer:

product differentiation

Explanation:

A product differentiation strategy focuses on distinguishing your company's products or services from the competition. The company must add meaningful and valued differences that will distinguish our product or service in order for our customers to view them as different or better. The goal of a differentiation strategy is to gain a competitive advantage since customers associate differentiated products to higher quality products.

7 0
3 years ago
Vincent operates a scenic tour business in Boston. He has one bus which can fit 50 people per tour and each tour lasts 2 hours.
mixas84 [53]

Answer:

There is some information missing, and when I looked for it I found similar questions but the demand was already given and the question was about Vincent's total daily income.

Passenger                  Price                  Daily demand

Adults                          $18                        70

Children                      $10                        25

Senior citizens            $12                        55

total                                                           150

total revenue per day = ($18 x 70) + ($10 x 25) + ($12 x 55) = $1,260 + $250 + $660 = $2,170

total operating costs per day = (150 / 50) x $450 = $1,350

operating income per day = $2,170 - $1,350 = $820

6 0
3 years ago
Gardening supplies are hot now, but they haven't always been. Why is this true of other businesses, too?
9966 [12]

i think your answer is B

ok

:P

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│Hope this helped  _____________________│

│~Xxxtentaction ^̮^ _____________________│

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5 0
3 years ago
What has been mostly responsible for advancing from the agricultural age to the industrial age?
Ivan
Innovation is the correct answer to this question.
7 0
3 years ago
Read 2 more answers
A _____ savings account pays interest and allows for a regular deposits and withdrawals
lisov135 [29]

Answer:

<em>Regular savings account </em>

Explanation:

<em>One requires to commit small amounts of income each month on a regular savings account.</em>

In exchange for providing your savings provider a fixed level of income every month, they normally pay you a higher rate of return than, for instance, if you invest a lump sum in a cash ISA or easy access account.

However, the best regular savings rates also exceed the prices on the longer fixed-rate offers offered.

This type of account has rigorous terms of service that may cause you to lose your competitive rate if you fail to adhere to them.

7 0
3 years ago
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