Answer:
b. Expenses are increased on the left side of their T-account because they decrease equity.
Explanation:
Expenses arise during operation. The conceptual framework defines expenses as decrease in economic benefits as a result of increase in liabilities and decreases in assets. The result being a decrease in equity attributable to shareholders. Examples of expenses include depreciation, interest, utilities and wages expenses.
Answer: Increase American production of steel (B)
Explanation:
A quota is a numerical limit on the amount of units of a product that can be imported. A quota is a form of protection or trade restrictions used by a country.
Like every other forms of trade protection such as tariffs, embargo etc, the quota is used by a country to help it's infant and local industries to grow, provide employment opportunities for it's people and also lead to economic growth.
If a quota is placed on imported steel, there'll be a reduction in the number of steel imported into the country and this will lead to a rise in the number of steels produced by American firms.
Answer: $36,700
Explanation:
Given that,
Wages = $41,000
Interest income = $700
Jason and Mary’s deductions = $5,000
Itemized deductions = $14,000
Adjusted gross income = Wages + Interest income - Jason and Mary’s deductions
= $41,000 + $700 - $5,000
= $36,700
Based on the cash and cash equivalents, as well as the current liabilities of Walmart, the cash ratio for Walmart in 2018 would be 0.086.
First find the current liabilities of Walmart in 2018.
<h3>Current liabilities in 2018</h3>
= Account payables + Accrued tax + Other payables + Short term borrowings + Short term finance lease + Short term operating lease + Current portion of debt
= 46,092 + 645 + 22,122 + 5,257 + 667 + 667 + 3,071
= $78,521
<h3 /><h3>What is the cash ratio?</h3>
Can be found by formula:
= Cash and cash equivalents / Current liabilities
= 6,756 / 78,521
= 0.086
In conclusion, this is 0.086.
Find out more on ratios at brainly.com/question/14770071.
Answer:
The answer is personal selling
Explanation:
_Personal Selling_______ is the two-way flow of communication between buyer and a seller that is designed to influence the buyer's purchase decision.
