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2 years ago

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

Business

1 answer:

Kobotan [32]2 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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Use the In the News to answer three questions

Flauer [41]

Answer:

2.5%

1.67%

Explanation:

The yield can be computed using the yield formula which coupon payment divided by price.

The coupon payment=face value*coupon rate

face value is $1000

coupon rate is 2%

coupon payment=2%*$1000=$20

when price is $1000:

yield =$20/$1000=2%

when price is $800

yield=$20/$800=2.5%

when price is $1,200

yield =$20/$1,200=1.67%

In essence ,the lower the price the higher the yield as lower amount is invested in order to receive the same amount of annual coupon of $20

3 0

2 years ago

Partial balance sheets and additional information are listed below for Funk Company. Funk Company Partial Balance Sheets as of D

mart [117]

Answer:

$786,100

Explanation:

Funk Company

Accounts receivable $93,500 -$ 89,600

=$3,900

Sales totaled $790,000 - $3,900

=$786,100

Hence;

Cash (received from customers)$786,100

Add Accounts receivable $3,900

Sales revenue $790,000

Therefore the amount of cash received from customers during 2021 will be $786,100

5 0

2 years ago

What happens if you perm your hair after washing it?

natali 33 [55]

Its almost the same except your heir will be cleaner and fresher. somethimes it depends on your hair type and texture.

5 0

2 years ago

Gene is looking for a loan so that he can buy a car. There are a few different banks where he can apply for a loan. What should

ElenaW [278]

Answer:

The Answer To This Question is B. a good credit score.

Explanation:

8 0

2 years ago

Suppose the manager agrees to pay each employee a $50 bonus if they meet a certain goal. on a typical saturday, the oil-chang

Sergeeva-Olga [200]

Answer:

Incomplete question

First aspect of the question is typed below.

The shape of the distribution of the time required to get an oil change at a 20-minute oil-change facility

is unknown. However, records indicate that the mean time is 2l.2-minutes, and the standard deviation 3.5 minutes.

Explanation:

Employees bonus $50

35 oil changes between 10:00 am to 12:00pm

n = 35

10% changes

So, the z - score can be calculated using

z-score = InvNorm(0.10)

z-score = -1.28

So, given that,

Standard deviation is 3.5minutes

σ = 3.5 minutes

Mean time is 21.2 minutes

μx = 21.2 minutes

Then,

σx = σ / √n

σx = 3.5 / √35

σx = 0.5916 minutes

Then, Z score can be written as

Z = (x - μx) / σx

-1.28 = (x - 21.2) / 0.5916

Cross multiply

-1.28 × 0.5916 = x - 21.2

-0.7573 = x - 21.2

x = 21.2 - 0.7573

x = 20.443 minutes

There is a 10% chance of being at or below a mean oil-change time of 20.44 minutes

5 0

2 years ago