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3 years ago

When the company pays rent expense for the current month, what is the effect on the accounting equation for that company?

Business

1 answer:

GREYUIT [131]3 years ago

3 0

Answer:

decrease the stockholder equity and decrease in assets

Explanation:

As we know, the accounting equation is

Total assets = Total liabilities + stockholder equity

In the given case,

The rent is paid for the current month, so the journal entry would be

Rent expense A/c Dr XXXXX

To Cash A/c XXXXX

(Being rent is paid)

So it decreases the stockholder equity as it includes the income and expenses part and it decreases in assets as it reduces the cash balance

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Why do marketers segment their markets and what are the basic criteria for doing so successfully?

Firlakuza [10]

Answer: enables marketers to tailor marketing mixes to meet the needs of particular population segments

Explanation:

Market segmentation enables marketers to tailor marketing mixes to meet the needs of particular population segments. Segmentation helps marketers identify consumer needs and preferences, areas of declining demand, and new marketing opportunities. the marketing strategy of almost all successful organizations.

8 0

2 years ago

Please help me ...<br> thank you ..

spayn [35]

1 c AROUND THE INDUSTRY AVERAGE FOR OUR FEILDS

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3 years ago

If a new home can be constructed for $150,000, what is the opportunity cost of federal defense spending, measured in terms of pr

FrozenT [24]

Answer:

4 million houses

Explanation:

Opportunity cost is the forfeited benefit as a result of choosing one option over others. Its value equals the cost of the next best alternative.

The cost of constructing a new home is $150,000. If the Federal Defence has a budget of $600 billion, the opportunity cost of spending that amount will be the equivalent number of units that can be built by the amount.

To calculate the number of units= $600 billion divided by $150,000

= $600,000,000,000/ $150,000

=4,000,000

=4 million units

6 0

4 years ago

a strategy involves employing essentially the same strategic theme (low-cost, differentiation, focused, best-cost) in all countr

harkovskaia [24]

The correct answer is option B. Transnational strategy involves employing essentially the same strategic theme in all country markets while allowing some country-to-country customization to fit local market conditions.

In its operations, a transnational strategy makes use of a high degree of local responsiveness and a high degree of global integration. It aims to standardize as much as it can while simultaneously localizing its offerings to each worldwide market. Offering specialized goods and services for regional markets while maintaining a high level of standardization to gain from economies of scale is the aim of multinational strategy.

Large corporations that have a variety of subsidiaries, branches, or offices across numerous international markets frequently employ transnational strategy. Determining what remains constant across all worldwide communications and processes and where local subsidiary adjustments in global marketplaces are changed or authorized presents a difficulty.

Learn more about Transnational strategy at

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1 year ago

g Last year Thomson Inc's earnings per share (EPS) were $3.50, and its growth rate during the prior 5 years was 6.6% per year. I

mariarad [96]

Answer:

17.19 years

Explanation:

The triple value of the earnings per share=$3.50*3=$10.50

The growth rate is 6.6%

Using the nper formula in excel, we can determine the number of years earnings per share would triple

=nper(rate,pmt,-pv,fv)

rate is 6.6%

pmt is not applicable to the scenario ,hence it is zero

pv is the current earnings per share

fv is the future earnings per share

=nper(6.6%,0,-3.5,10.5)= 17.19

8 0

3 years ago