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3 years ago

When cash is received from a sale, the total amount of both assets and owner's equity is increased.

Business

1 answer:

marshall27 [118]3 years ago

5 0

Answer:

a. True

Explanation:

In case when the cash is received from the sale, so here the total assets is increased i.e. rise in current assets that is cash account and the stockholder equity is also increased as the revenue is also increased which ultimately increased the equity

The journal entry is

Cash Dr XXXXX

To Sales revenue XXXXX

(Being cash is received is recorded)

hence, the given statement is true

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In order to accurately assess the capital structure of a firm, it is necessary to convert its balance sheet figures to a market

vampirchik [111]

Answer:

$5,412,000

Explanation:

The semi annual interest = $20

Periods (n) till maturity are 10*2 = 20

Discounting rate is 12%/2 = 6%

Principal amount is $1,000

Market Value = 20 * PVIFA (20,6%) + 1,000 * PVIF (20,6%)

Market Value = 20 * 11.4699 + 1,000 * 0.3118

Market Value = 229.398 + 311.8

Market Value = 541.198

Market value = $541.20

Number of bonds = 10,000,000/1,000

Number of bonds = 10,000

Current market value = Number of bonds * Market value

Current market value = 10,000 * 541.20

Current market value = $5,412,000

8 0

3 years ago

Which of these is a common tax form in the United States? 40B 1001Z 1040Z All of the above

shusha [124]

Answer:

1040 Z is the correct answer

Explanation:

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3 years ago

When the environment becomes more turbulent and unpredictable: a. External consultants need to play a greater role in strategy m

topjm [15]

Answer:

The answer is d. Strategy becomes an increasingly important as a source of direction

Explanation:

6 0

3 years ago

Net sales revenue for 2024 was and for 2025 was . what is the percentage of increase or decrease in net sales revenue for the tw

polet [3.4K]

The percentage of increase or decrease in net sales revenue a decrease is 15.45%

Sales in 2024 = $110000

Sales in 2025 = $93000

Decrease in sales between two periods = ($110000 - $93000) = $17000

Percentage of decrease in sales = [($17000 / $110000 Base year) X 100]

=> 15.45% decrease in net sales revenue from 2024 to 2025

Net sales are gross sales generated by the business, excluding returns, rebates, and rebates. This number is used by analysts when making business decisions or analyzing a company's revenue growth.

Total sales are not adjusted for returns, rebates, and rebates. The earnings reported on the top line of a company's income statement are net earnings. Net sales are also known as net sales, net sales, or sales.

Revenue is the total amount of revenue from sales for a specific period. Quarters. Sales may be reported as net sales as they may include discounts and deductions from returned or damaged merchandise.

Learn more about net sales revenue here:

https://www.plagiarismremover.net/

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2 years ago

Suppose in the short run a firm’s production function is given by Q = L 1 2 K 1 2 and that K is fixed at K = 10. If the price of

Furkat [3]

The firm’s marginal cost of production when the firm is producing 50 units of output is 33.33

Solution:

The production function is Q = $\sqrt{L * K}$