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Pani-rosa [81]
3 years ago
14

What is accounting ?​

Business
1 answer:
mihalych1998 [28]3 years ago
6 0

Answer:

Accounting is defined as "The action or process of keeping financial accounts."

Explanation:

Hope I have helped.  

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As part of a good Section 351 transaction Andy contributes his business with a basis of $200,000 in exchange for $300,000 worth
Brums [2.3K]

Answer:

Gain = $150,000

Explanation:

Given:

Contribution = $200,000

Exchange stock = $300,000

Cash = $50,000

Find:

Gain

Computation:

Gain = Exchange stock + Cash - Contribution

Gain = $300,000 + $50,000 - $200,000

Gain = $150,000

5 0
3 years ago
Marginal utility can: Group of answer choices be positive or negative, but not zero decrease, but not become negative be positiv
gayaneshka [121]

Answer:

be positive, negative, or zero

Explanation:

Marginal utility is the additional utility derived from consuming one more unit of a good

the consumption decision is to consume more units of a good that gives the higher utility per good.  

Marginal utility = change in total utility / change in units consumed.

When marginal utility is positive, it means that increasing consumption by one unit increases total utility

When marginal utility is negative, it means that increasing consumption by one unit decreases total utility

When marginal utility is zero, total utility has reached its maximum and no more units of goods would be consumed

An example of marginal utility. Imagine a traveller arriving from the desert where he hadn't had a drink of water in days .he is offered his first glass of water. the first cup of water he drinks would give him the highest utility. As more and more cups of water is drank, marginal utility decreases. At the point where he is fully satisfied, he stops drinking water and marginal utility becomes zero.

5 0
3 years ago
According to the text, one of the biggest advantages of the participative approach to decision-making is the ______.
dem82 [27]

Answer:

A) wealth of information received.

Explanation:

Participative approach to decision making: It is a process of decision making, which provide an opportunity for all employee, stakeholder, leaders, and subordinates to contribute their idea in decision making. They also share equal responsibility for growth and development. In the process of contributing to decision making, a lot of information is received.

There are four major type of decision making:

  • Collective decision making.
  • Participative decision making.
  • Autocratic participative decision making.
  • Consensus decision making.
8 0
3 years ago
Bob is a minor and buys a BMW, from ABC BMW when he is 16 years old. His parents do not cosign. He signs a financing arrangement
Sav [38]

Answer:

It is too late for him to dis-affirmed the contract.

Explanation:

Contract is the legal binding agreement document between two parties for them to obey any given conditions specified in the document. <em>In the case of Bob, despite the fact that he was a minor, his signature on the BMW contract shows that it is binding between ABC Motors and him.</em>

<em>The motor company might not be aware of his legal age which shows he is a minor before entering the agreement with him. It is expected that, he should honor his contract to the latter.</em>

6 0
3 years ago
rite a research-based argumentative essay for or against the importance of standing up to an injustice such as bullying.
Mekhanik [1.2K]

Answer:

It is important to stand up to bullying for a number of reasons. You may think it's better to not get involved but staying neutral always helps the oppressor. You should not let someone suffer and watch as someone else puts them in physical or psychological pain every day, it is good to stand up for what is right. You may even make a life-long best friend. So stand up for what's right and don't stay neutral so the oppressor can continue to victimize someone.  

Explanation:

Hope this helps! :)

7 0
3 years ago
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