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Vladimir [108]
4 years ago
13

Presented below are three economic events. In each column, indicate whether the event increased, decreased, or had no effect on

assets, liabilities, and stockholders’ equity. Assets Liabilities Stockholders’ Equity a. Purchased supplies on account. select between increased, decreased, or had no effect select between increased, decreased, or had no effect select between increased, decreased, or had no effect b. Received cash for performing a service. select between increased, decreased, or had no effect select between increased, decreased, or had no effect select between increased, decreased, or had no effect c. Expenses paid in cash.

Business
1 answer:
Wewaii [24]4 years ago
6 0

Answer:

See attached file

Explanation:

Accounting Equation Formula:

Assets = Liabilities + Stockholders' Equity

The equation shows that Assets are increased by Debits and decreased by Credits, instead, Liabilities and Stockholders´ Equity decreased by Debits and increased by Credits. In the file, Debits and Credits are represented by the word increased and decreased according to if the transaction has a positive or negative effect on each element.

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Keys industries has assets of $2,100, sales of $2,960, operating costs of $2,675, and $250 of total current liabilities consisti
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<u>Calculation of Return on Total Assets:</u>

Return on Total assets can be calculated using the following formula:

Return on Total Assets = Net Income / Total Assets

We can calculate Net income as follows:

Sales $2960

Less: Operating Costs $2675

Less: Interest charges $125

Income before tax = 160

Less: Tax (160*40%)  = 64

Net Income = $96


Hence , Return on Total Assets = 96/2100 = 0.0457 =<u>4.57%</u>




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It is probably safe to say that most if not all decisions involve trade-offs. For example a person may be offered a job that pays well but requires 7 days per week for a month and while this is good for a younger person with no other commitments it may not work for an older person with his own family commitments and other projects. Another decision could be that for support, a husband decides to not take on major time consuming projects while his wife is doing intensive studying to become certified in a field of her choosing  so that he can support her. Another example is that when one cannot drive one's son with a disability to a beach to swim because it is too far and uses too much car gas, the money saved on gas some of it could be spent on his groceries.
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Everyone in the Tagi tribe agreed to vote out Gervasse at the next tribal council. Their 39-day project to make it to the final
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Answer:

B) performing stage of group development.

Explanation:

The stages in group development are

  • forming.
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In the forming stage, the project team members get to know each other and lay the basis for project and team ground rules.

In the storming stage, features the start of conflict as team members begin to resist authority and demonstrate hidden agenda.

In the norming stage, members agree on operating procedures and seek to work together.

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In the adjourning stage, once their work is done, group is disband.

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Answer:

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