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Kay [80]
3 years ago
14

In part, a transaction affects the accounting equation by decreasing an asset. There is no effect on liabilities. Which of the f

ollowing statements is correct with regards to this transaction?
If other assets are unchanged, stockholders' equity must be increasing.

If other assets are unchanged, stockholders' equity must be decreasing.

If stockholders' equity is unchanged, another asset must be decreasing.

If stockholders' equity is unchanged, other assets must be unchanged.
Business
1 answer:
Simora [160]3 years ago
6 0

Answer:

If other assets are unchanged, stockholders' equity must be decreasing.

Explanation:

By using Accounting Equation as follow:

Asset = Equity + Liability

Tot make the equation balance we have to ensure that the effect on it will also has balancing effect.

Decrease in assets might result in decrease in equity or liability and increase in other assets, but here the liability is constant. There could be only two effect that decrease in equity and increase in other asset. There is no option which shows the increase in other asset. So the decrease in equity is the option will has correct effect to balance the accounting equation all other dis-balance the equation.

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If an increase occurs in the demand for the output of industry A, we would expect all of the following to happen except:A. an in
ruslelena [56]

Answer:

The correct answer is option B.

Explanation:

The total revenue and profits of the industry as the price level  increases with increase in the demand.

When there is an increase in the demand for the output of an industry, that industry will increase the production to match the increase in the demand. The increase in production will cause output level to increase.

In order to produce more output the industry will require more inputs, so the demand for inputs will increase.

An increase in the demand for inputs will be accompanied by increase in their prices.

There will not be any decline in the price of inputs.

3 0
3 years ago
A(n) _____ is an agreement among two or more two companies to join forces to pursue specific opportunities without actually merg
aalyn [17]
The answer is Joint Venture. It is the agreement or the business arrangement of two or more companies that agrees to share resources for a specific purpose without loosing their identities. The companies will share expenses, looses and profit associated with the venture but their other business interest will remain separate.
8 0
3 years ago
What identifies the pattern used for each data series in a chart
goldenfox [79]
<span>a legend identifies the pattern

</span>
8 0
3 years ago
In general, shopping online is supposed to be more convenient than going to stores. However, according to a recent Harris Intera
melisa1 [442]

Answer:

13% did not experience problems with online transactions.

Explanation:

Giving the following information:

According to a recent Harris Interactive poll, 87% of people have experienced problems with an online transaction.

What percentage of people did not experience problems with an online transaction?

In this case, there are two options. You buy something online and everything went smooth or you have problems with the transactions.

So, if 87% have problems, that means that 13% didn't.

6 0
3 years ago
Cullumber Corporation had 2020 net income of $1,098,000. During 2020, Cullumber paid a dividend of $2 per share on 265,500 share
Daniel [21]

Answer:

EPS=$3

Explanation:

Net income =1,098,000

Dividend on preferred stock=2*265,500=$531,000

Outstanding shares=189,000

EPS= (Net income-preferred dividends)/Weighted Average share outstanding

EPS=($1,098,000-$531,000)/189,000

EPS=$3

7 0
3 years ago
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