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irina [24]
2 years ago
10

Crystal Lodging recorded $330,000 in revenues, $247,500 in expenses, and $45,000 of dividends for the year. The company began th

e year with total assets of $285,000 and stockholder's equity of $130,500. Suppose that liabilities increased by $90,000 and stockholders' equity increased by $37,500. What would be the change in Crystal Lodging's assets? Multiple Choice a.$168,000 Increase b.$127,500 increase c.$154,500 increase
Business
1 answer:
Brilliant_brown [7]2 years ago
7 0

Answer:

b.$127,500 increase

Explanation:

Using Accounting Equation we can find thetotal increase in total assets:

Assets = Equity + Liabilities

Change in Assets = Change in Equity + Change in Liabilities

Change in Assets = $37,500 + $90,000

Change in Assets = $127,500

Total Change in equity and liabilities will be equal to the change in Assets.

So, the correct answer is b.$127,500 increase.

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When applying a questioning mindset, what follows identify whether there is sufficient evidence to support the conclusion?.
Inga [223]

The step that follows an identification when applying a questioning mindset is corroborating of the argument by looking for other evidence.

<h3>What is argument corroboration? </h3>

This refers to an act of comparing a new text to another in order to check the accuracy of the evidence or the plausibility of the claims and reasons.

In conclusion, the step that follows an identification when applying a questioning mindset is corroborating of the argument by looking for other evidence.

Read more about corroboration

<em>brainly.com/question/4278160</em>

5 0
2 years ago
Which of these is not one of the basic functions of the management​ process?
OleMash [197]
I got inspecting although you did not put any choices out ??....
5 0
2 years ago
In accounting, emphasis is placed on determining net income in accordance with generally accepted accounting principles. In fina
aksik [14]

Answer: false

                 

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Finance does not only focus on net income but it also focuses on other aspects like liquidity, future potential etc.

Hence the given statement is false.

7 0
2 years ago
Type the correct answer in the box.
igomit [66]

Targeting strategy is the strategy you following if you are concentrating on serving a particular segment of customers better.

<h3><u>Explanation:</u></h3>

Customer segmentation, targeting and position is the major things that are to be concentrated in making the products to move well in the market. segmentation refers to the grouping of customers based on certain characteristics such as demography,age,gender,etc. Customer segmentation is followed by the targeting strategy.

Targeting refers to the advertising activities and other services for only a certain segments. For example the product called kinder joy only targets on the children segment. It only identifies certain segment and focuses on it to better serve that particular segment.

8 0
2 years ago
In a department, 28,000 units are completed and transferred out and 14,400 remain in ending WIP at 85% complete. If an equivalen
Zigmanuir [339]

Answer:

The value of materials transferred out is $224,000

Explanation:

The condition for the units for transferred is that they must have been completed 100% with respect to equivalent unit cost,hence the materials transferred out should be valued at full $8.00 per direct material.

The value of materials transferred out=28,000*$8.00

                                                              =$224,000

The value of WIP=$8.00*85%*14,400

                           =$97,920

The closing WIP of $97920  would be the beginning inventory in production next period an would ultimately form part of materials completed and transferred next period.

8 0
2 years ago
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