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
Scilla [17]
4 years ago
15

If total assets increased by $190,000 during a specific period and liabilities decreased by $10,000 during the same period, the

period's change in total stockholders' equity was a $200,000 increase. True False
Business
1 answer:
shtirl [24]4 years ago
7 0

Answer:

True

Explanation:

In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + Stockholder equity

In the given question,  the total stockholder equity would be

$190,000 = -$10,000 + stockholder equity

So, the stockholder equity would be

= $190,000 + $10,000

= $200,000

The debit and credit side of the balance sheet should always be equal and balanced.  

Hence, the given statement is true

You might be interested in
Fifteen years ago, Lenny purchased an insurance policy on his own life. The policy provides a $3 million death benefit. Lenny ha
dalvyx [7]

Lenny will generate $471,250 after-tax cash.

<h3>What is an insurance policy?</h3>
  • The insurance policy, which establishes the claims that the insurer is legally obligated to pay, is a contract between the insurer and the policyholder.
  • The insurer guarantees to reimburse losses brought on by risks covered by the policy language in return for an upfront payment known as the premium.
<h3>What is a cash surrender value?</h3>
  • If a policyholder or the owner of an annuity contract chooses to cancel their policy before it matures or an insured event occurs, the insurance company will give them the cash surrender value as compensation.
<h3>Solution -</h3>

Money Lenny will get = $725,000.

Subtract the tax to find the money Lenny will get.

35% of 725,000 = $253,750.

725,000 - 253,750 = 471,250

Therefore, Lenny will generate $471,250 after-tax cash.

Know more about compensation here:

brainly.com/question/19646648

#SPJ4

6 0
2 years ago
One advantage of random assignment is that it minimizes preexisting differences between the experimental group and the control g
prohojiy [21]
I think this is a true or false question 
The above statement is true. 
As we can see that there are always some sort of affinity among people some have highly positive towards some and negative towards others so they will try to group up with the ones they like but this would always lead to dissatisfaction of some people in group as they will feel unfair as they are not in group they wanted but in random assignment no one has control so even if they are unsatisfied they cant blame it on others. So there are lesser differences
7 0
3 years ago
Net operating working capital is equal to operating current assets minus operating current liabilities.
Alex73 [517]

Net operating working capital (NOWC) is the excess of working current belongings over running present-day liabilities.

Running capital, additionally called net running capital, represents the difference between an organization's modern-day property and cutting-edge liabilities. working capital is a measure of an employer's liquidity and quick-time period economic health.

Operating working capital focuses more on operations, while net running capital looks in any respect for property and liabilities. net working capital is more comprehensive because it represents the cash and other cutting-edge property a corporation has every day daily running and growing its enterprise.

Internet running capital is an economic metric that gauges the difference between an employer's non-interest-bearing running belongings and its non-hobby charging running liabilities.

Learn more about working capital here: brainly.com/question/26214959

#SPJ4

8 0
2 years ago
Madison Company issued an interest-bearing note payable with a face amount of $30,600 and a stated interest rate of 8% to the Me
Sidana [21]

Answer:

a. $0

b.  $31,620

Explanation:

a. Notes Payable do not fall under Operating activities in the cashflow statement but rather under Financing Activities which is where cash transactions that provide the business with capital and liability funds are accounted for.

The Operating activity balance from this is therefore $0.

b. The liabilities will include the Note and the interest accumulated at year end.

Interest accumulated = 30,600 * 8% * 5/12 months = $1,020

Liabilities = 30,600 + 1,020 = $31,620

3 0
3 years ago
Today, you turn 23. your birthday wish is that you will be a millionaire by your 40th birthday. in an attempt to reach this goal
Degger [83]

dude thats easy all u have to do is multiply 40 and 50


4 0
4 years ago
Other questions:
  • Rent control is an example of a _____________________. it sets the price of rent __________________ the equilibrium price and re
    7·1 answer
  • The primary responsibility for preparing individual career plans rests with the:
    10·1 answer
  • Sort the following outcomes of product differentiation by whether they are costs or benefits of monopolistic competition.
    15·1 answer
  • Revising for Conciseness - Rejecting Redundancies and PurgingEmpty Words
    12·1 answer
  • You are part of an Information Systems project team. Your job is to ensure that the technology and vendor suggested for use in t
    11·1 answer
  • Galt Industries has 50 million shares outstanding and a market capitalization of $1.25 billion. It also has $750 million in debt
    5·1 answer
  • Proctor &amp; Gamble is entering a new market and determines that the country has a high illiteracy rate. Given this information
    5·1 answer
  • When the government attempts to improve equality in an economy the result is often?
    9·1 answer
  • Which of the following was the first nation to prosper due to the use of power equipment vice (might be via) hand tools?
    8·1 answer
  • Gray uses Hofstede's cultural values that were discussed in Chapter 1 to:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!