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Tom [10]
3 years ago
7

Companies usually buy (Click to select) assets. These include both tangible assets such as (Click to select) and intangible asse

ts such as (Click to select) . To pay for these assets, they sell (Click to select) assets such as (Click to select) . The decision about which assets to buy is usually termed the (Click to select) or (Click to select) decision. The decision about how to raise the money is usually termed the (Click to select) decision.
Business
1 answer:
iren [92.7K]3 years ago
4 0

Answer:

<em>Now fit each of following terms into the most appropriate space</em><em>: Financing, real, bonds, investment, executive airplanes, financial, capital budgeting, brand names.</em>

Companies usually buy <u>real</u> assets. These include both tangible assets such as <u>executive airplanes</u> and intangible assets such as <u>brand names</u>. To pay for these assets, they sell <u>financial</u> assets such as <u>bonds</u> . The decision about which assets to buy is usually termed the <u>investment</u> or <u>capital budgeting </u>decision. The decision about how to raise the money is usually termed the <u>financing</u> decision.

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Nike, Inc., with headquarters in Beaverton, Oregon, is one of the world's leading manufacturers of athletic shoes and sports app
JulijaS [17]

Answer:

Nike, Inc.

Transaction Analysis and Indication of the account, amount, and direction of the effect on the accounting equation:

a. Purchased additional buildings for $172 and equipment for $270; paid $432 in cash and signed a long-term note for the rest.

Analysis:

Accounts affected: Building, Equipment, Cash, and Long-term Note Payable

Assets (Building +$172,000,000, Equipment + $270,000,000, Cash -$432,000,000) = Liabilities (Long-term Note Payable + $10,000,000) + Equity

Check: Assets +$10,000,000 = Liabilities + $10,000,000 + Equity

b. Issued 100 shares of $2 par value common stock for $345 cash.

Analysis:

Accounts Affected:  Common Stock, Additional Paid-in Capital (APIC), and Cash

Assets (Cash +$345,000,000) = Liabilities + Equity (Common Stock +$200,000,000 and APIC +$145,000,000)

Check: Assets +$345,000,000 = Liabilities + Equity +$345,000,000

c. Declared $145,000,000 in dividends to be paid in the following year.

Analysis:

Accounts affected: Dividends Payable and Dividends (Retained Earnings)

Assets = Liabilities (Dividends Payable + $145,000,000) + Equity (Retained Earnings - $145,000,000

Check: Assets = Liabilities -$145,000,000 + Equity - $145,000,000

d. Purchased additional short-term investments for $7,616,000,000 cash.

Analysis:

Accounts Affected: Short-term Investments and Cash

Assets(Short-term Investments + $7,616,000,000, Cash -$7,616,000,000) = Liabilities + Equity

Check: Assets = Liabilities + Equity

e. Several Nike investors sold their own stock to other investors on the stock exchange for $84

No impact on the accounting equation.

f. Sold $4,313 in short-term investments for $4,313 in cash.

Analysis:

Accounts Affected: Short-term Investments and Cash

Assets(Short-term Investments - $4,313,000,000, Cash +$4,313,000,000) = Liabilities + Equity

Check: Assets = Liabilities + Equity

Explanation:

In Nike's financial records, the accounting equation is the basis for the double-entry system of accounting.  It shows that the two sides of the financial position of Nike, Inc. are always in balance with the assets = liabilities + equity with the occurrence of each business transaction.  This is because, two or more accounts are always involved and affect equally the two sides if proper accounting has been carried out.

5 0
3 years ago
What effect would a bumper crop most likely have on the price of that crop?​?
Lunna [17]
<span>This will most likely drive down the price of that crop. Price is a function of demand and supply, if a bumper crop leads to much more supply with little change on the demand side, the price of the supply will have to reduce for the market to clear.</span>
5 0
4 years ago
The central bank of the united states performs many functions, one of which is that it?
aleksley [76]

it is The Federal Reserve System

Explanation:

The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest.

4 0
2 years ago
Goldtone is a multinational communications and information technology corporation. Its principal products are mobile telephones
Maksim231197 [3]
The answer that fits the given blank above is the term CROWDSOURCING. When we say crowdsourcing, this is the process or the ability to obtain or gather information that would be later used for a certain project or task. This involves a large number of people and typically asking their preferences and opinions.
5 0
3 years ago
A wireless phone service provider advertises that their average startup fee is $73. Given that their startup fees are $8, $85, $
ipn [44]

Answer:

The reason why it is statisticaly misleading is because, while it is true that the average fee is $73 (the median value in statistical terms), averages are a statistical measure that is very sensitive to extreme values.

That is to say, if a value is very high, or very low, the statistical mean will be biased.

We can see this in the question. Three values are higher than the average, and relatively close: $85, $92, and $107. The third value, however, is way lower, at only $8. This extreme low value alters the median value, making it biased and misleading.

6 0
3 years ago
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