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Pepsi [2]
3 years ago
8

How is owner’s equity affected when is paid for expenses?

Business
1 answer:
Kobotan [32]3 years ago
4 0

Answer:

Profit and loss are directly linked to the amount of money the company is spending to run its business -- its operating expenses. So changes in operating expenses naturally affect owner's equity.

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To increase total asset turnover, management must either increase sales or reduce total stockholders’ equity.A. TrueB. False
8090 [49]

Answer:

<u><em>FALSE</em></u>

Explanation:

Remember, total asset turnover is calculated using a ratio that measures how the management was able to use its assets to efficiently increase sales. Usually the total asset turnover is gotten by dividing a<em> company's sales </em>by its <em>total assets.</em>

<em />

To increase sales, management should <em>continue</em> to use its existing assets (not making purchase of any new asset), and at the same time reducing their purchases of inventory.

7 0
3 years ago
a corporation reported cash of $15,800 and total assets of $180,100 on its balance sheet. its common-size percent for cash equal
Veseljchak [2.6K]

Its common-size percent for cash equals 8.77%.

Cash is prison gentle—currency or coins—that may be used to change items, debt, or offerings. Every so often additionally it is the value of the property that may be easily converted into coins right away, as stated through an employer.

A cash price is bills or cash paid by the recipient of products or services to the issuer. It can also contain a fee inside an enterprise to employees in compensation for their hours worked or to pay off them for minor prices which are too small to be routed thru the accounts payable device.

Coins in a bank mean the contemporary balance in checking accounts, savings accounts, or the like within the call of the enterprise/enterprise applying for a certificate. Do now not encompass retirement bills or personal bank account balances.

Percent of cash to total asset    = Cash / Total Assets

                                                 = 15800 / 180100

                                                 = 8.77%

Learn more about cash here brainly.com/question/24179665

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6 0
2 years ago
Revenues and gains included in arriving at net income that do not provide cash.
zhenek [66]

Answer:

Non-cash revenues.

Explanation:

Non-cash revenues can be defined as revenues and gains included in arriving at net income that do not provide cash.

Basically, on the statement of cash-flow, non-cash revenues are considered not to be a real cash-flow because they don't add to the total inflow of cash.

Some examples of noncash revenues are amortization of premium relating to bonds payable, cash flow from investments that are carried under the equity method, accrued revenues, and gains from disposals of non-current assets.

7 0
3 years ago
delta airlines and general motors both have profit-sharing arrangements with employees. what is a profit sharing plan?
Greeley [361]

An employee's profit share depends on the company's operating profit for the year.

<h3>What is a profit-sharing plan?</h3>

A profit sharing plan is a form of retirement plan where the employer contributes a percentage of the company's profits to employee retirement accounts. The contributions are usually determined by the company's profit margin and the number of years that each person has worked for the company. The sum of money that is added to the employee's account is typically decided by the employer and might range from a few percent to a set sum of money. The donations are typically placed in stocks, bonds, and mutual funds.

To know more about  profit-sharing arrangement visit:

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6 0
1 year ago
Mr Sinclair has diabetes and heart trouble and is generally satisfied with the care he has received under original Medicare, but
bonufazy [111]

Answer:

b. SNPs have special programs for enrollees with chronic conditions, like Mr. Sinclair, and they provide prescription drug coverage that could be very helpful as well.

Explanation:

Medicare special needs plans (SNPs) are one of the Medicare Advantage plans. People suffering from certain diseases can become a member of the plan. Also, the membership of the plan is limited to such people only. The SNPs help in providing benefits, choices, and specific drugs to the people and serve them with these. The services are limited to the group and the benefits of the plans can be covered as per the given norms.

In the given case, Mr. Sinclair can be provided with the benefits which the SNPs would provide as compared with the original Medicare. The SNPs would help in grouping Mr. Sinclair's issues along with the others.  

4 0
3 years ago
Read 2 more answers
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