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insens350 [35]
2 years ago
13

Budgeting is much more difficult for an established business than it is for a new business.

Business
1 answer:
dimulka [17.4K]2 years ago
5 0
Answer: Your answer is true! C:
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Liabilities and owner's equity of a company are $150,000 and $30,000, respectively. Determine assets using the accounting equati
ArbitrLikvidat [17]

Answer:

Assets: 180,000

Explanation:

Accounting Equation Formula:  

Assets = Liabilities + Owner's Equity

The accounting equation shows which resources the company has for the development of its activities and how they are financed. Assets are those mentioned resources, such as cash, bank accounts, inventory, etc. Those assets can be financed by external or internal sources. Liabilities represent external sources, which means, obligations. Instead, Owner's Equity represents internal sources, which means issuing equity shares. As every resource have to be finance either external or internally, the value of the Asset should match the add of Liabilities and Owner`s Equity.

7 0
3 years ago
On average, consumers spend only about _______________ seconds deciding to buy one brand as opposed to another branded option fr
Elina [12.6K]

On average, consumers spend only about 13  seconds deciding to buy one brand as opposed to another branded option from the same product category.

<h3>What is consumer purchase behavior?</h3>

This is the term that is used to refer to the behavior of the buyers and consumers of products and the way they make there decisions to buy.

It is said that they spend 13 seconds in making the decision to buy a different brand.

Read more on consumer behavior here:

brainly.com/question/9566137

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5 0
1 year ago
Assuming a country's economy maintains an 8% rate of growth, young adults starting at age 20 would see the average standard of l
kogti [31]

The formula for exponential growth rate is:

A = Ao e^(k t)

where A is the final standard of living, Ao is the initial, k is the growth rate constant in decimal = 0.08, t is time elapsed

 

So we will find t at A/Ao = 2

A/Ao = e^(k t)

2 = e^( 0.08 t)

t = 8.66 ~ since more than therefore 9

 

So by the time they reached age 29

5 0
3 years ago
Using the data in EA-3, assume that Slick Rocks management purchased the Sandstone stock for the trading securities portfolio in
vitfil [10]

The journal entry for the purchase of the stock for the trading securities portfolio is that Securities account debited and bank account credited.

Given that Slick Rocks management purchased the Sandstone stock for the trading securities portfolio instead of the available-for-sale securities portfolio.

We are required to form the journal entry that are required by the facts presented in the case.

A journal is basically a detailed account which records all the financial transactions of a business to be used for the future reconciling of accounts.

The journal entry will be as under:

Securities account debited and bank account credited. If we know that which security is being purchased then we can name that securities also.

Hence the journal entry for the purchase of the stock for the trading securities portfolio is that Securities account debited and bank account credited.

Learn more about journal at brainly.com/question/14279491

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6 0
1 year ago
During March, the production department of a process operations system completed and transferred to finished goods 25,000 units
lesya692 [45]

Answer:

175,000 units

Explanation:

total transferred units = beginning work in progress units + number of units started and completed

  • beginning work in progress = 25,000 units
  • units started and completed during March = 150,000 units

total transferred units = 25,000 + 150,000 = 175,000 units

7 0
2 years ago
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