Answer:
Explanation:
Since in the question the shares are repurchased which impact the accounting equation in a negative manner
Accounting equation would be
Total assets = Total liabilities + Stockholder equity
The assets are decreased as it reduces the balance of cash account as well as it reduced the stockholder equity also by the same amount
Answer:
the process of testing hypotheses on elements of your site with the ultimate goal of increasing the percentage of visitors who take the desired action
Explanation:
Conversion optimisation is the process by which a framework is set up to increase the number of customers that complete a goal.
There is analysis of customer behaviour so that motivators are identified. This insight is used to persuade customers to take a desired action.
The hypothesis is tested and continuously optimised to drive customer action to perform tasks on the website.
2016 may 1 Debit Notes Receivable $5,300
Credit Accounts Receivable $5,300
2016 dec 31 Debit Interest Receivable $106
Credit Interest Income $106
2017 may 1 Debit Cash $5,459
Credit Notes Receivable $5,300
Credit Interest Receivable $159
Answer:
The correct answer is letter "D": To personally guarantee loans of the business.
Explanation:
Accounting is the recording of financial transactions of a business or organization. It also includes the process of summarizing, analyzing and reporting these transactions -given a method- in financial statements. The financial statements that accountants create provide critical information for many key people such as managers, stakeholders, and the corresponding agencies of the government.
However, <em>securing a loan for a company will rely on the credit history of the institution which directly does not involve one of the functions of corporate accounting.</em>
Explanation:
Classifying of each situation with the correct combination of change in price and quantity:
a. On a hot day, both demand for lemonade and supply of lemonade increase - Pp? Q increase
b. On a cold day, both demand for ice cream and the supply of ice cream decrease - Pp? Q decrease
c. When Hawaii's Mt. Kilauea erupts violently, the demand on the part of tourists for sightseeing flights increases but the supply of pilots willing to provide these dangerous flights decreases- P increase Qq?
d. In a hot area of Arizona where they generate a lot of their electricity with wind turbines, the demand for electricity falls on windy days as people switch off their air conditioners and enjoy the breeze. But at the same time, the amount of electricity supplied increases as the wind turbines spin faster - P decrease Qq?