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Rashid [163]
3 years ago
14

The liabilities of Berber Company are $120,000 and the owner's equity is $230,000. What is the amount of Berber Company's total

assets?
Business
1 answer:
svetlana [45]3 years ago
6 0

Answer:

$350,000

Explanation:

The relationship between assets, liabilities, and equity is expressed in the accounting equation.  According to the equation, Assets = Equity plus Liabilities.

For Berber company, total assets will be

Assets = $120,000 + $230,000

Assets = $350,000

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3 years ago
Select an e-commerce company. Visit its website or mobile app and describe its business model based on the information you find
qwelly [4]

Explanation:

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5 0
3 years ago
What does the hospitality industry contribute to an economy?
inn [45]

Answer:

The hospitality industry helps to bring about unemployment reduction, income increase and higher living standards, and economic stability.

Hope this helps :)

4 0
3 years ago
Dry cleaning companies often charge more for women's blouses than men's shirts. They claim that this is because women's blouses
ANEK [815]

Answer:

This practice of charging women more than men for the same service is known as <u>pink tax</u>.

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4 0
3 years ago
Total Costs (dollars)
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The appropriate labels for Curves N and M in the nearby graph is that the Curve N is total cost and Curve M is total variable cost.

<h3>Why is the curve as stated about?</h3>

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Hence, the appropriate labels for Curves N and M in the nearby graph is that the Curve N is total cost and Curve M is total variable cost.

Therefore, the Option C is correct.

Read more about total cost

<em>brainly.com/question/5168855</em>

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