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Rudik [331]
3 years ago
14

Mary invested cash in her new business. which effect will this have?

Business
2 answers:
marishachu [46]3 years ago
7 0

The Correct Answer is D) Increase an asset; Increase owners equity

Explanation:

Cash is recorded as a 'Current Asset'. When Mary invested cash in her new business, her 'Current Assets' increased by the amount of cash she invested.

Assets = Liabilities + Equities

In order to balance the above equation, an increase in Assets would result in an increase in the equity with equal proportion.

For Example, Mary invested $1 Million in her new business. The assets and owners equity would increase by $1 Million each.

Licemer1 [7]3 years ago
6 0
Either A or C would be right, because it couldn't be a decrease of the equity.
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Genevieve is a member of the board of directors and the chief financial officer of The Shoe Fits, Inc. Under the duty of care sh
iren2701 [21]

Answer:

B. oversee every aspect of the business, including such things as ordering merchandise and arranging for janitorial services

Explanation:

6 0
3 years ago
Match each entity on the left to the correct establishment on the right.
Mumz [18]

The group or organization matchup is given below;

  • Non-state actor - terrorist.
  • International Organization -World Trade Organization, United Nations.
  • Nation-state - Canada.

<h3>What is a Nation state?</h3>

The term nation-state is known to be a any country that is territorially held together as a sovereign state.

Note that in this kind of country, it is one that is governed in the name of a community of its own people who identify or see themselves as a nation.

See full question below

Match the group or organization on the left with its correct category on the right.

non-state actor:

terrorist

International Organization:

World Trade Organization,

United Nations

nation-state: Canada

Learn more about Nation-state from

brainly.com/question/19454824

8 0
2 years ago
What are the practical consequences of a lack of strategic linkage between the business and the operations function? give exampl
Ivenika [448]
The practical consequences that result of lack strategic linkage between business and operations functions are it will know the organization if it is a success or a failure. The lack of linkage can also cause people trap and busy with all kinds of activities. For example, in the company, you work as a team and you have the quota but the people inside the team didn’t get the proper linkage so the team will fail the task that given to them because of lack of strategic linkage.
8 0
2 years ago
Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next seven years, because
umka2103 [35]

Answer:

The price of the stock today will be $66.19

Explanation:

To calculate the price of a stock whose dividends will grow at a constant rate forever is calculated using the constant growth model of dividend discount model approach. To calculate the price of the stock today using this model, we use the following formula,

P0 = D1 / r - g

We will first calculate the price of the stock at t=8 using D9 because we use the next period's dividend to calculate the price of a stock. We will then discount back the price at t=8 to today's price.

P8 = 14.25 * (1+0.06)  /  (0.14 - 0.06)

P8 = $188.8125

The price of the stock today will be,

P0 = 188.8125 / (1+0.14)^8

P0 = $66.189 rounded off to $66.19

3 0
2 years ago
Calistoga Produce estimates bad debt expense at 0.50% of credit sales. The company reported accounts receivable and allowance fo
AveGali [126]

Answer:

$1,345

Explanation:

Calculation to determine what Calistoga's final balance in its allowance for uncollectible accounts at December 31, 2021, is

First step is to calculate the Expense amount

Expense=Credit sales $315,000* .5%

Expense=$1,575

Second step is to calculate the Allowance

Allowance 12/31/2020 $1,650

Less Write-offs(1,880)

Allowance ($ 230)debit

Now let calculate the final balance in its allowance for uncollectible accounts

December 31, 2021 allowance for uncollectible accounts= ($230) + $1,575

December 31, 2021 allowance for uncollectible accounts=$1,345

Therefore Calistoga's final balance in its allowance for uncollectible accounts at December 31, 2021, is $1,345

7 0
3 years ago
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