Answer:
A knowledge sharing system could be establish between rival organizations like Mastercard and Visa in order to improve the services they provide for their clients, as well as to attract more people and earn more money.
Even though it might seem contradictory for rival organizations to work together on sharing knowledge, it's actually not. Mastercard might have something that Visa wants and vice versa so it makes sense for them to collaborate to get what they need.
Answer:
See below
Explanation:
Silver Enterprises
Post Manager Balance sheet
Current assets
$11,480
Other assets
$3,120
Goodwill
$6,790
Net fixed assets
$21,890
Current liabilities
$6,940
Longterm debt
$17,130
Equity
$18,650
Current assets = $9,200 + $2,280 = $11,480
Other assets = $2,300 + $820 = $3,120
Current liabilities = $4,960 + $1,980 = $6,940
Net fixed assets = $16,500 + $5,390 = $21,890
Long term debt = $4,390 + $12,740 = $17,130
Equity = $18,650
Answer:
increase assets by $13,000, increase liabilities by $13,000 and have no effect on equity.
Explanation:
Given that
The total cost of purchase of delivery truck = $15,000
Cash paid = $2,000
The accounting equation equals to
Total assets = Total liabilities + owners equity
The remaining amount left would be equal to
= $15,000 - $2,000
= $13,000
So it would increase the assets for $13,000 as the delivery truck is purchased plus there is also an increase in liabilities for $13,000 as it signed a note payable and there is no effect on equity
