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mrs_skeptik [129]
2 years ago
7

Multiple Choice Question The business receives and immediately pays a $300 advertising bill. How would this payment affect the t

otal equity of a business?
a. Expenses would be decreased, so equity would be decreased.
b. There is no affect on total equity.
c. Expenses would be decreased, so equity is increased.
d. Expenses would be increased, so equity is decreased.
Business
1 answer:
NISA [10]2 years ago
8 0

Answer:

d. Expenses would be increased, so equity is decreased.

Explanation:

The business received and paid the advertisement expense of $300 immediately. Expense of advertisement will be increased by $300 and total equity will be decrease by same amount as expense decrease the net income of the business which will ultimately added to equity as retained earning. So the correct option is d. Expenses would be increased, so equity is decreased.

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The general ledger of the Fly-Buy-Nite (FBN) Engineering Company contained the following account balances. Construct an income s
Amiraneli [1.4K]

Answer:

Fly-Buy-Nite (FBN) Engineering Company

Income Statement

Sales revenue                                          35,000

Less Expenses :

Administrative expenses      2,750

Sub-contracted services     15,000

Development expenses           900

Interest expense                       200

Selling expenses                    4,500      (23,350)

Net Income                                               11,650

Net Income before taxes is $11,650

Explanation:

The Income Statement shows operating results that is Profit or Loss resulting from trading operations of the company. Profit or Loss = Sales less Expenses.

8 0
3 years ago
How would the Security Market Line be affected, other things held constant, if the expected inflation rate decreases and investo
garik1379 [7]

Answer: a. The y-axis intercept would decline, and the slope would increase.

Explanation:

The security market line is simply refered to as the graphical representation of a CAPM which is the capital asset pricing model and it simply shows the market risk, of the securities in the market which is then plotted against the market return.

When the expected inflation rate decreases and the investors also become more risk averse, the Security Market Line would be affected, as the y-axis intercept would decline, and the slope would increase.

8 0
2 years ago
Q 6.20: Switzer, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $600 and orig
borishaifa [10]

Answer:

$400 .Since inventory is valued at cost or market value(current replacement cost) whichever is lower .

Therefore value of inventory : $400*8=$3200

Explanation:

8 0
3 years ago
Read 2 more answers
Accounts Payable: $19,207
lisabon 2012 [21]

Answer:

total liabilities = $169,008

Explanation:

total liabilities:

  • Accounts Payable: $19,207
  • Discount on Bonds Payable: ($7,000) ⇒ contra liability account
  • Sales Tax Payable: 3,512
  • FICA Tax Payable: 3,200
  • Bonds Payable: 100,000
  • Note Payable, due in two years 1,709
  • Unearned Service Revenue 30,500 ⇒ must be reported as a liability
  • Salaries and Wages Payable 17,880

to determine the total liabilities we just have to add both current and long term liabilities, and subtract any contra liability accounts = $176,008 - $7,000 = $169,008

7 0
2 years ago
Evaluating od interventions always involves measuring their impact on employee satisfaction, productivity, and the bottom line.
Usimov [2.4K]

False. Evaluating interventions always involves measuring their impact on employee satisfaction, productivity, and the bottom line.

<h3>What is evaluating interventions?</h3>

A number of creative methods for conflict-resolution evaluation have been developed, despite the fact that conflict-resolution interventions are often evaluated on an as-needed basis.

1. Participants' Evaluation

Participatory evaluation is an evaluation strategy that is "bottom-up" or "people-centered."

2. Utilization-Focused Evaluation

In a utilization-focused evaluation, a group of "intended users" is identified who choose the "intended uses" for the evaluation data.

3. Impact Evaluation

The goal of an impact evaluation is to ascertain how effective an intervention is. Theoretically, this is straightforward, but the community involved in conflict resolution has not yet sufficiently defined the word "effect."

4. Action Evaluation

By encouraging stakeholders to define and track success, Action Evaluation seeks to assure the effectiveness of initiatives.

5. Macro-Evaluation

Macro-Evaluation, generally speaking, is to ascertain how grassroots micro-level initiatives 'ripple up' to the regional or national level.

To learn more about Evaluation of interventions visit:

brainly.com/question/28065744

#SPJ4

6 0
1 year ago
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