All categories

3 years ago

What must be done if a transaction increases the left side of the accounting equation?

Business

2 answers:

katovenus [111]3 years ago

8 0

Answer:

Explanation:

Neje

spin [16.1K]3 years ago

3 0

State the accounting equation? What must be done if a transaction increases the left side of the accounting equation? If the left side of the accounting equation increases, the right side must increase as well.

You might be interested in

2. How does feature-benefit selling create selling points?

Wittaler [7]

Answer:

Feature-benefit selling is the process of connecting your the things your product helps your customer do (features) to the goals it will help them achieve and the pain points it will help them eliminate.

Explanation:

7 0

2 years ago

Merticao, a French textile company, supplied most of its products to its primary market in Hestonia, a North American nation. Ho

Troyanec [42]

Answer:

The correct answer is: reduced risk

Explanation:

After a correct identification and previous evaluation of the risks related to the export, the company can decide to initiate only activities that present risks inferior to the opportunities that are glimpsed.

The management of export-related risks depends on the risk propensity of the company and also on its competitiveness. There are companies with high demand products and with little competitive pressure that can afford to give up exporting with relatively moderate levels of risk. The opposite will happen with companies that have little differentiated products and that move in highly competitive environments. Companies with strong growth objectives and “risky” owners assume more risks than companies that are satisfied with their market position.

7 0

3 years ago

The Seattle Corporation has an investment opportunity that will yield cash flows of $30,000 per year in Years 1 through 4, $35,0

zlopas [31]

Answer:

4.86 years

Explanation:

Data provided in the question:

Cash flow each year from year 1 to year 4 = $30,000

Cash flow in year 5 through 9 = $35,000

Cash flow in year 10 = $40,000

Initial investment = $150,000

Firm's WACC = 10%

Now,

Accumulated cash flow for 4 years = $30,000 × 4 = $120,000

Accumulated Cash flow for 5 years = $120,000 + $35,000

= $155,000 > amount invested ($150,000)

Thus,

Remaining payback amount required in year 5 = $150,000 - $120,000

= $30,000

Payback period for $30,000 in year 5 = [$30,000 ÷ Annual cash flow]

= $30,000 ÷ $35,000

= 0.86 years

Hence,

Total payback period for this investment is

= 4 years + 0.86 years

= 4.86 years

4 0

3 years ago

Sheldon and Morton formed a partnership with capital contributions of $80,000 and $40,000, respectively. Their partnership agree

Anastaziya [24]

Answer:

The answer is:

Sheldon: $39, 500; Morton: $50, 500

Explanation:

A partnership is a binding agreement between two or more parties to carry on a business. The sole purpose of this agreement is to share skills and expertise so as to generate a profit. In a partnership, the partners have unlimited liability meaning that if the business established by the partners in unable to repay creditors, the creditors are legally allowed to seize the personal assets of the partners to cover the debts owing. However, in accounting for financial performance, the business is considered to be a separate entity (exists independent of the partners). Sheldon and Morton have established a profit-sharing arrangement that compensates Sheldon for the capital contribution (larger interest share) and Morton for his contributions to the business operations (larger salary share). The profit after these deductions is shared equally between the 2 partners. Assuming the given net income is after operations but before partner deductions, the share of the partners is calculated as follows:

Sheldon Morton

Interest $8,000 $4,000

Salaries $10,000 $25,000

Profit share $21, 500 $21, 500

Total share $39, 500 $50, 500

Interest (10% * $80, 000) (10% * $40, 000)

Profit share (50% * $43,000) (50% * $43,000)

Net Profit Share: $90, 000 - $(8,000 + 10,000 + 4,000 + 25,000)= $43,000

8 0

3 years ago

Dixonville has had fundamentally the same demographics, economic system, and social structure for decades. In recent years

Mekhanik [1.2K]

Dixon ills has fundamentally historically and natural law

4 0

3 years ago