Answer:
C. I: assets; II: liabilities.
Explanation:
Assets are the physical and intangible properties of business or individual. They are resources used in generating revenues or profits for a business. Assets add value or increase the capital of a company. Examples of assets include cash, inventory, investments, office equipment, and plant and machinery.
Liabilities are debts or obligations that a firm or individual owe to other entities or individuals. Liabilities decrease the net value of a company. Examples of liabilities include Bank debt, money owed to suppliers (accounts payable), Wages owed, and Mortgage debt.
Cash belonging to a bank but held in another bank account is, therefore, an asset, while money borrowed is a debt, hence a liability.
Answer:
The correct answer is letter "A": countries with high purchasing power today may not continue to show the same growth in the future.
Explanation:
Even if during the past decade the world's major economies have been the same -<em>The U.S., Japan, China, Russia, and Germany</em>- it does not necessarily mean the scenario will not change for the next one hundred years. Some other countries like Saudi Arabia, Switzerland, Belize, Luxembourg, and Australia have started to show signs of increasing development that could turn the worldwide economy into a new direction. The last five (5) countries are reported as being the top nations with the highest purchasing power for 2018.
Answer:
the revenue variance is $1,990 unfavorable
Explanation:
The computation of the revenue variance is shown below:
Revenue variance
= Flexible revenue - actual revenue
= (2140 × $44.50) - $93,240
= $1,990 Unfavorable
hence, the revenue variance is $1,990 unfavorable
A contract is a legal document between partners.
The answer in this question is federal debt. Based on my own understanding federal debt is the total amount of debt or the money that the United States federal government owes to its creditors. We all know that debt is the amount of money that we owes to our creditors.
