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8090 [49]
2 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]2 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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Monique Products, a web-based company, maintains no manufacturing facilities. As orders come in, the company contracts with othe
Sonbull [250]

Answer:

The correct answer is: a virtual corporation.

Explanation:

Virtual corporations are becoming more common with the massification of the internet and communications. They are generally companies that are dedicated to the commercialization of products and generate a massive movement in the network that allows them to be in the "voice to voice" of people. They do not have physical facilities, which saves them expenses such as leasing and public services, and the contracted staff is minimal. These companies are based on the strategy of fast and massive shipments through transport companies in order to satisfy the needs of their clients.

8 0
3 years ago
Combining a protective put with a forward contract generates equivalent outcomes at expiration to those of a:
Juliette [100K]

Answer:

Fiduciary call.

Explanation:

Foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.

For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) at the foreign exchange market.

A covered interest arbitrage can be defined as trading strategy in which an investor minimizes his or her currency risk by using a forward contract to hedge against the interest rate difference between two countries i.e the exchange rate risk. Thus, it's considered to be the most common interest rate arbitrage around the world.

Generally, when a protective put is combined with a forward contract it would generate equivalent outcomes at expiration to those of a fiduciary call.

This ultimately implies that, a fiduciary call combines both a call option and a bond that's risk free and matures on the expiry date of an option.

7 0
3 years ago
Marshall Welding Company has two service departments (Cafeteria and Human Resources) and two production departments (Machining a
vovikov84 [41]

Answer: $88,889

Explanation:

Based on the information given in the question, the cost of Human Resources that would be allocated to Cafeteria will be calculated thus:

Number of employees (Human Resources to departments)

= 20 + 100 + 150

= 270 employees

The Human Resources cost would be allocated to Cafeteria will be:

= $1,200,000 / 270 x 20

= $88,889

5 0
3 years ago
Redangle corp. is a company that allows its employees to set up home offices and communicate electronically to its corporate off
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Redangle corp. is a company that allows its employees to set up home offices and communicate electronically to its corporate office. this is an example of <u>telecommuting.</u>

<u></u>

Communication (from the Latin communicate, meaning to share or relate) is "the apparent response to the painful division between self and other, private and public, inner thought and outer world.

As this definition suggests, communication is difficult to define in a consistent way because, in common usage, communication refers to a very wide variety of actions involved in the dissemination of information.

Peters argues that the difficulty in defining communication stems from the fact that it is both a universal phenomenon (because everyone communicates) and a specific field of systematic academic research. doing.

learn more about Communication here.  brainly.com/question/26152499

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3 0
1 year ago
Probett Toy Company makes its own wind-up motors, which are then put into its toys. While the toy manufacturing process is conti
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