Answer:
III. I, II, III, and IV.
- I. It is part of the double-entry procedure that keeps the accounting equation in balance.
- II. It represents a decrease to assets.
- III. It represents an increase to liabilities.
- IV. It is on the right side of a T-account.
Explanation:
The debit-credit balance is necessary for maintaining the accounting equation in balance, i.e. all the debits must have a corresponding credit.
Asset accounts increase when they are debited and decrease when they are credited.
Liabilities accounts decrease when they are debited and increase when they are credited.
Debits are on the left side of a t-account and credits are on the right side.
true because you need to look and evaluate the details provided
Answer:
e. $20
Explanation:
The net asset value (N) for The New American Enterprise Mutual Fund's portfolio is given by the funds total value ($120,000,000) subtracted by its liabilities ($4,000,000) and then divided by the number of shares issued (5,800,000) .
The fund's net asset value is $20
Answer:
He would receive $15 under incentive plan.
Explanation:
The given values are:
Average observed time
= 280 seconds per unit
Performance rating
= 105%
i.e.,
= 1.05
Allowance factor
= 13%
i.e.,
= 0.13
So,
⇒ 
On putting the estimated values, we get
The available time will be:
= 
= 
Now,
The Standard production per day will be:
= 
= 
= 
Since he generates 100 units, he consumes about 15(00-85,22) units per day well above normal production.
So that he's going to get:
= 
= 
($)
Answer:
Negative, since to purchase more of one good means giving up some of the other good.
Explanation:
A budget line illustrates the number of goods, consumers are able to buy with lower income. Thus the price of goods and customers income to be spent on goods determine the budget line.
The slope of the budget line measures the opportunity cost of consuming Commodity A forgetting Commodity B. In order to get more of Commodity A, the consumer will have reduce the consumption of Commodity B Forefeiting the opportunity to consume Commodity B is the true opportunity cost of Commodity A and this measured by the slope of the budget line.
The slope of the budget line shows the amount of a commodityB the consumer must forfeit to purchase one more unit of a commodity A and the slope is usually Negative.
