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3 years ago

Smith Decorating Services pays $200 cash for rent expense. How would this transaction affect the accounting equation?

Business

1 answer:

Pavel [41]3 years ago

5 0

Equity would decrease (Expenses, Rent Expense in this case, causing Retained Earnings to decrease).

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Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $316,547; costs = $219,406; other

o-na [289]

Answer:

Net working capital addition was for 8,108 dollars

Explanation:

To solve for NWC we start form the accounting equation and then, we expand it to get the NWC expression:

Assets = Liabilies + Equity

we expend the formula

current assets + fixed assets = current liabliies + non-currnet liab + stock + RE

NWC = net working capital

being: current assets - current liabilities

(current assets - current liabilities) = non-currnet liab + stock + RE - fixed assets

NWC = -3,283 + 5,629 + RE - 24,154

We need to solve fotr the change in Retained Earnings:

which is net income - dividends:

sales 316,547

costs (219,406)

other expenses (8,481)

depreciation expense (18,633)

interest expense (14,216)

taxes (15,217)

net income 40,594

dividends (10,678)

change in RE 29,916

NWC = -3,283 + 5,629 + 29,916 - 24,154

NWC = 8,108

8 0

3 years ago

Max separated the workers by gender and then asked only the men to work the evening shift from 5 P.M. to closing. This is an exa

Lady bird [3.3K]

Answer:

D. Disparate treatment

Explanation:

Disparate treatment is a form of unlawful discrimination in the labour force. It's when a manager or leader gives unequal treatments to workers because of a certain characteristics. It is an intentional employment discrimination.

In this situation, the men suffers the evening shift just because they are men (certain characteristics).

Apart from gender another characteristics that is subjected to unequal treatments is race, where one race suffer more treatment than the other race.

5 0

3 years ago

If Clancy's boss is interested in a graphical representation of the relationship between the price and quantity of televisions d

Anna35 [415]

Answer:

A demand schedule

Explanation:

A demand schedule is a table that shows how the quantity demanded varies with changes in prices. It is a table that explains the relationship between the price of a product or service and its demand. A demand schedule provides the same information as the demand curve. The only difference is that the demand curve uses graphical representation, while the demand schedule uses the table format.

Clancy should, therefore, prepare the demand schedule for her boss. It will give the same information regarding the relationship between price of televisions and the quantity demanded.

6 0

3 years ago

RAWRRRRRRRRR Whahahaha

____ [38]

Explanation:

wow

I see you are interested in horror movies

3 0

3 years ago

Only variable costs can be differential costs. Do you agree? Explain.

Nostrana [21]

I do not agree with the given statement that is "Only variable costs can be differential costs.".

The difference in the costs of two alternative decisions is referred to as differential cost.

When a company is faced with several similar options, it must make a decision by selecting one and discarding the other.

Variable costs in cost accounting are costs that vary according to how much a company produces.

Variable costs are typically proportional to output.

As a result, the cost difference between two alternatives, rather than the fixed and variable nature of costs, is relevant for decision-making.

Hence, I disagree with the statement given in the question.

Learn more about variable cost:

brainly.com/question/9212451

#SPJ4

5 0

1 year ago