Answer & Explanation:
Most balance sheets are arranged according to this equation:
Assets = Liabilities + Shareholders’ Equity
The equation above includes three broad buckets, or categories, of value which must be accounted for:
1. Assets
An asset is anything a company owns which holds some amount of quantifiable value, meaning that it could be liquidated and turned to cash. They are the goods and resources owned by the company.
Assets can be further broken down into current assets and noncurrent assets.
- Current assets are typically what a company expects to convert into cash within a year’s time, such as cash and cash equivalents, prepaid expenses, inventory, marketable securities, and accounts receivable.
- Noncurrent assets are long-term investments that a company does not expect to convert into cash in the short term, such as land, equipment, patents, trademarks, and intellectual property.
2. Liabilities
A liability is anything a company or organization owes to a debtor. This may refer to payroll expenses, rent and utility payments, debt payments, money owed to suppliers, taxes, or bonds payable.
As with assets, liabilities can be classified as either current liabilities or noncurrent liabilities.
- Current liabilities are typically those due within one year, which may include accounts payable and other accrued expenses.
- Noncurrent liabilities are typically those that a company doesn’t expect to repay within one year. They are usually long-term obligations, such as leases, bonds payable, or loans.
3. Shareholders’ Equity
Shareholders’ equity refers generally to the net worth of a company, and reflects the amount of money that would be left over if all assets were sold and liabilities paid. Shareholders’ equity belongs to the shareholders, whether they be private or public owners.
Just as assets must equal liabilities plus shareholders’ equity, shareholders’ equity can be depicted by this equation:
Shareholders’ Equity = Assets - Liabilities
— Courtesy of Harvard Business School
I hope this helped! :)
Answer:
Yes
Explanation:
it ensure good financial management as it requires a valid appropriation to spend an amount. it means the budget authority to the government is subject to a valid purpose. this legal rule helps to curtail unnecessary spending and assure that funds go where they are most needed
Answer:
b. do not require customers to enter the service factory.
Explanation:
Possession processing involves tangible services provided on property belonging to a customer. It involves activities like lawn mowing, cleaning services. The property that is recoevong the action must be present but the customer does not need to be.
In people processing on the other hand, the customer is present and services provided are intangible, knowledge based, and customised to each client. For example retail banking services.
Answer:
How to achieve improved outcomes for groups that have specific set of objectives focusing on how the concepts can be used to make a difference across the group
- making each member of the group understand each other emotionally and their ways of performing tasks
- making each member of the group understand their importance in the entire production process
- making the group members aware about the importance of optimum utilization of resources and avoid wasting resources while working
- making the group understand the possibility of achieving good performance by eliminating work threats
- making the group understand the organization's structure therefore it makes the group culturally intelligent
How you can improve positive influences and especially preempt or limit negative sentiments
- increasing the dependency culture among each other so they learn to work with each other in harmony.
- creating friendly relationships between employees and also between employees and employer
- making the employees understand and practice proper organizational culture so that they can work judiciously following the organizational structure
Explanation:
Note :
CQ = cultural intelligence
EI = emotional intelligence
AP = actual productivity
PP = potential productivity
S = synergy
T = performance threats
How to achieve improved outcomes for groups that have specific set of objectives focusing on how the concepts can be used to make a difference across the group
- making each member of the group understand each other emotionally and their ways of performing tasks
- making each member of the group understand their importance in the entire production process
- making the group members aware about the importance of optimum utilization of resources and avoid wasting resources while working
- making the group understand the possibility of achieving good performance by eliminating work threats
- making the group understand the organization's structure therefore it makes the group culturally intelligent
How you can improve positive influences and especially preempt or limit negative sentiments
- increasing the dependency culture among each other so they learn to work with each other in harmony.
- creating friendly relationships between employees and also between employees and employer
- making the employees understand and practice proper organizational culture so that they can work judiciously following the organizational structure
Answer:
$626,000
Explanation:
Kela corporation has a net income of $550,000
Depreciation expense is $76,000
Cash is $53,000
Therefore the total cash inflows from operating activities can be calculated as follows
=$550,000 + $76,000
$626,000
Hence the total cash inflow from operating activities is $626,000
