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8090 [49]
3 years ago
13

Foster, Inc., purchased a truck by paying $5,000 and borrowing the remaining $30,000 required to complete the transaction. Ident

ify the correct statement(s) based on the transaction. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
The Company's liabilities will increase by $25,000. ?
The Company's liabilities will decrease by $30,000.
2 Foster Inc.'s assets will decrease by a net amount of $30,000. The Company's liabilities will increase by $30,000. ?
Foster Inc.'s assets will increase by a net amount of $30,000. ?
Foster Inc.'s assets will decrease by a net amount of $25,000.
Business
1 answer:
Sedaia [141]3 years ago
5 0

Answer:

Foster Inc.'s assets will decrease by a net amount of $30,000.

The Company's liabilities will increase by $30,000.

Explanation:

The price of the assert is $5,000 + $30,000 = $35,000

this means that the company's fixed assets will increase by $35,000, but since cash is decreasing by $5,000, the net change will be only $30,000

the amount of the loan = $30,000

this means that the company's liabilities will increase by $30,000

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Conclusions and recommendations are the most widely read sections of any report. Conclusions summarize and explain your findings
ICE Princess25 [194]

Answer:

Conclusions and Recommendations

1. When drawing conclusions, make sure to:

use consistent evaluation criteria

2. What to remember about the reader before preparing recommendations:

A. Readers prefer specific, practical recommendations.

3. This is the finding.

4. This is the conclusion.

5. This is the recommendation.

Explanation:

Findings in a report are the discoveries made about the subject.  Conclusions are evidence-based summaries of the findings.  They are the results of the research effort.  Convincing conclusions always relate to the initial report problems.  Recommendations are action points that should be followed to resolve the prevailing problems.

4 0
2 years ago
Mutual funds are the riskiest type of investment.<br> true or false
lianna [129]
That is true because you dont know the credit history of the person youre investing in
4 0
3 years ago
Read 2 more answers
Summer Nights sells bottles of bug spray for $ 9.00 each. Variable costs are $ 4.00 per​ bottle, while fixed costs are $ 40 comm
Yanka [14]

Answer:

Operating Income              $75,000             $115,000

Explanation:

The computation of the operating income reflected is shown below:

Units                                    23,000       $31,000

Contribution Margin per Unit   $5                $5

Contribution Margin (Units × Per Unit) $115,000   $155,000

Less : Fixed Cost              -$40,000             -$40,000

Operating Income              $75,000             $115,000

The contribution margin per unit is come from

= Selling price per unit - variable cost per unit

= $9 - $4

= $5

8 0
3 years ago
If a company decreases its sales price per unit, the new breakeven point will?
xenn [34]

If a company decreases its sales price per unit, the new breakeven point will increase.

The breakeven point is the point at which general cost and total revenue are identical, which means there's no loss or gain for your small business. In different phrases, you have reached the level of production at which the expenses of production equal the sales for a product.

The break-even point in economics, enterprise—and in particular fee accounting—is the point at which overall cost and total revenue are identical, i.e. "even". There is no internet loss or advantage, and one has "damaged even", though possibility charges had been paid and capital has acquired the threat-adjusted, predicted return.

To calculate the break-even factor in units use the system: spoil-Even point (gadgets) = fixed fees ÷ (income fee according to unit – Variable costs in keeping with the unit) or in income greenbacks the usage of the formula: spoil-Even point (sales dollars) = fixed costs ÷ Contribution Margin.

Learn more about a breakeven point here brainly.com/question/9212451

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8 0
2 years ago
You are the account manager for an Internet service provider. A customer contacts you and complains that her recent billing stat
Darya [45]

Answer: a. Anticipate the effect your message will have on the receiver.

b. Analyze the bad-news situation

Explanation:

In the Phase 1 of the writing process, it is required that one should analyze the bad-news situation, and then anticipate the effect that such news will on have on the receiver. After this has been one, the message will then be adapted accordingly.

In a scenario whereby it's anticipated that the reader will be upset about the news, then the message might be reshaped so that the reader won't be angry.

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