1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Travka [436]
3 years ago
8

Which of the following transactions would cause a decrease in both assets and stockholders' equity?

Business
1 answer:
rusak2 [61]3 years ago
8 0

Answer:

This question is incomplete as there are no choices to select the correct one. However, I will explain what would cause a decrease in both assets and equity below;

Explanation:

To answer this question, you will identify a transaction that affects both the asset side and equity side of a balance sheet. In this case, we consider a decrease in both. Example is ; repurchase of shares using cash. This occurs when a company buys back their shares from shareholders. This will decrease cash(which is a current asset) since shareholders will be paid and they will give back their shares. After the repurchase, there will be a decrease in the number of outstanding shares hence decreasing the total book value of equity.

You might be interested in
Lita Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations
vazorg [7]

Answer:

operating activities

services collected                8,500

account collected                3,900

wages for the perid            (2.500)

purchase in cash

supplies                              (3,300)

advertisement                        (910)

payment to suppliers            (900)

<u>Cash generated from operating activites: 4,790‬</u>

<u></u>

investing activities

purchase of suite                (45,000)

office equiment purchase   (5,000)

<u>cash used for investing activites 50,000</u>

<u></u>

financing activities

Lopez cash contributiion     61,000

Lopez withdrawals                (1,400)

<u>cash generated from financing activites 59,600</u>

<u></u>

cash generated for the period   14,390

beginning of the period                      0

Ending Cash                                 14,390

Explanation:

We have to associate each transaction with a cash flow activity.

The first step is checkthe cash involve, we will ignore anythign that is not cash.

then

(A) the contribution finance the business so financing

(B) this suite will be used for several period. It will be the base of operation from the business, is an investment

(c) the equipment will be used for several periods, it is an investment like the suite

(d) we record only for the cash used

(e) paid for an operational cost

(f) no cahs involve

(g) collected from business activities

(h) withdraw from the owner, a (des)financing

(i) receive cash from their activities, operating

(j) payment for equipment, this cash is invest in the equipment

(K) paid for wages, that is an operational cost, without secreaty the firm won't operate

3 0
3 years ago
What is the best way to trade market volatility?
Luda [366]

Answer:

Two ways: using VIX futures and traded notes or S&P 500 options and neutral investment strategies.

Explanation:

Volatility is a market's tendency to rise or fall sharply within short periods of time. It is usually measured using standard deviation or return on investment. There are several ways to handle market volatility. One is to use exchange-traded instruments, such as VIX future contracts and exchange traded notes. VIX provides real time estimations of greed and fear levels, as well as volatility expectations in the next 30 sessions. The other way is to use S&P 500 options and delta-neural strategies.

3 0
3 years ago
The manager is responsible for training you about food safety in your job duties. The most important of these include: Preparing
IceJOKER [234]
I would believe that it would be showing you when and how to wash your hands properly. Because if an employee doesn't have clean hands than the food isn't safe to consume. So I would say the third option.
Hope this helps!
<3
5 0
3 years ago
Read 2 more answers
Consider the following data for a closed economy:
notsponge [240]

Answer: The answer is given below

Explanation:

a. . Private saving

Private saving=Y+TR-C-T

= $11t + $1t - $8t - $3t

= $12 trillion - $11 trillion

= $1 trillion

b. Public saving

Public Saving= T-G-TR

Since G is not given, we can use:

I = public saving + private saving

$2t = public savings + $1t

Public saving= $2 trillion - $1 trillion

Public savings = $1 trillion

c. Goverment purchases

Since public savings = T - G - TR

$1t = $3t - G - $1t

G = $3t - $1t - $1t

G = $3 trillion - $2 trillion

G = $1 trillion

d. The goverment budget deficit or budget surplus.

There is a budget surplus of $1 trillion which has been calculated in the public savings.

4 0
3 years ago
northern city bank keeps no excess reserves. assume northern city bank receives a deposit of $50 million dollars. as a result of
SashulF [63]

The maximum possible change in the money supply is $250 million.

The change in required reserves when an amount of money is deposited in a bank is determined by the reserve requirement.

Reserve requirement = increase in required reserves / amount deposited

$10 million / $50 million = 0.20 = 20%

The change in money supply can be determined using this formula:

Amount deposited / reserve requirement

$50 million / 20%

$50 million / 0.2 = $250 million

For more information, please check: brainly.com/question/25757631

5 0
3 years ago
Other questions:
  • Garfield Company has the following information for the current​ year: Beginning fixed manufacturing overhead in inventory $230,0
    15·1 answer
  • PB8.
    8·1 answer
  • In late April, the Acme Construction Co. submitted a $1,200,000 progress billing on a construction contract. On May 2, the bill
    13·2 answers
  • Many companies recognize three major categories of costs of manufacturing a product. These are direct materials, direct labor, a
    15·1 answer
  • A door-to-door salesperson knocks on Mary's door and convinces her to purchase the Wonder Vacuum for $500. Soon after the salesp
    12·1 answer
  • Suppose that hot dogsarean inferiorgood. Suppose further that firms that sell hot dogs pay their workers the minimum wage. What
    7·1 answer
  • The accounting principle that ensures all expenses are recorded during the period when they are incurred and offsets those expen
    9·1 answer
  • During the proofreading task of the completion stage of a business message, be sure to
    12·1 answer
  • Write any five different between of profession and professional education.​
    5·1 answer
  • The united states and kenya are exploring the possibility of a trade deal. ________ refers to a situation in which a government
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!