Answer:
Because a feasibility study assists entrepreneurs in understanding the market, the budget needed to launch a company, the liquidity factors of a business endeavor, and the return on investment in the initiative.
Answer:
The ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.
Explanation:
Your answer is <span>asset and liability</span>
Answer:
Kristie reports the following income from KKM during the current tax year: (A) $54,000 ordinary income; $9,000 charitable contribution.
Explanation:
From the provided data;
KKM's net ordinary income = $180,000 ($280,000 ordinary income - $80,000 of office expenses - $20,000 payment to Kaylyn).
Since the cash distributions to Kaylyn and Megan are not deductible.
Kristie's share of this income is equal to
30% of KKM's net ordinary income
= 30% 0f $180,000
= $54,000.
In addition, Kristie reports 30% of partnership charitable contribution
= 30% of $30,000
= $9,000 of her share of the partnership's charitable contribution.
Therefore, Kristie reports the following income from KKM during the current tax year: $54,000 ordinary income; $9,000 charitable contribution.
Answer:
A. Stockholders' equity decreases.
Explanation:
The accounting equation is defined as:
Assets = Liabilities + Stockholder's Equity
Stockholder's Equity = Common stock + Retained earnings
All the revenues and expenses are clubbed in retained earnings and ultimately in stockholder's equity.
Thus, any kind of expenses paid will reduce the revenues and then the retained earnings and further the stockholder's equity in accounting equation.
Therefore, correct option is:
A. Stockholder's Equity.
