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natita [175]
2 years ago
13

Which of the following journal entries represents an increase in accounts payable correctly

Business
1 answer:
PtichkaEL [24]2 years ago
8 0

Answer:

C) Inventory xxx Accounts Payable xxx

Explanation:

Accounts payable is a liability, and a liability always has a credit balance, as the amount is due to them. The company needs to pay them back.

Accordingly the company buys inventory and the inventory is an asset and thus, the company will debit the inventory account.

Whenever any purchases are made, or any service is utilized on credit then the company creates an accounts payable as a liability as against it.

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We see quite a bit of international trade in the real world. And trade is driven by specialization. So why don’t we see full spe
Alenkasestr [34]

Answer:

e. Deterring monopoly

Explanation:

Based on the information provided within the question it can be said that the best choice would be that it is deterring monopoly. Monopolies refer to having full control of an industry and being the the only supplier or producer of a certain good. This is always bad because monopoly's are able to set whatever price they want on their products because there is no competition to steal away customers.

4 0
3 years ago
The basic price that equates the demand for and supply of loanable funds in the financial markets is the __________:
Helen [10]

Answer: a

Explanation:

The interest rate is the amount a lender charges for the use of assets expressed as a percentage of the principal. The interest rate is a rate of return that lenders demand for the ability to borrow their money. A loan that is considered high risk will have a higher interest rate. Interest rates are prices for loanable funds prices of funds invested, lent out or borrowed for various periods of time.

The supplier or lender of funds normally wants to earn an income and the user or borrower will generally be prepared to pay for the right to use the accumulated funds.

Interest rates apply to most lending or borrowing transactions. Individuals borrow money to purchase homes, fund projects, launch or fund businesses, or pay for college tuition.

3 0
3 years ago
Taobao has been placed on the U.S. trade representative offices blacklist of “notorious marketplaces” due to the websites sale o
Gemiola [76]

Answer:

The answer is: letter a, To protect national security.

Explanation:

This incident occurred in <em>2016.</em> Taobao is one of the online shopping websites owned by "Alibaba Group." It was placed on the blacklist by the U.S. because of selling<em> "counterfeit goods."</em> However, it was removed from the blacklist in 2012, since it showed efforts in combating piracy.

One reason for putting Taobao in the blacklist is to protect national security. This is the responsibility of the government to the nation when it feels threatened by anything harmful. The pirated goods were considered a threat to the nation. It can also result to financial loss to the owners due to stolen intellectual properties.

Thus, this explains the answer.

3 0
3 years ago
A company's weighted average cost of capital:_______.
Lemur [1.5K]

Answer:

The correct answer is D. Is the return investors require on the total assets of the firm.

Explanation:

The Weighted Average Capital Cost (WACC) is a financial measure, which has the purpose of encompassing in a single figure expressed in percentage terms, the cost of the different sources of financing that a company will use to fund a specific project.

To calculate the WACC, it is necessary to know the amounts, interest rates and tax effects of each of the selected sources of financing, so it is worth taking the time to analyze different combinations of these sources and take the one that provides the lower figure .

Comparatively, without going into the detail of the project evaluation, "the WACC must be less than the profitability of the project to be funded" or expressed in another order, "the project performance must be greater than the WACC."

4 0
2 years ago
Ethical behavior begins with:.
Marizza181 [45]

Answer:

manners

Explanation:

4 0
2 years ago
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