The net total change in total assets comes out to 1,27,0000 when the change in assets and liabilities is computed.
<h3>What do you mean when you say "assets" and "liabilities"?</h3>
A company's assets are everything it possesses. They may be located on the balance sheet's left side. Liabilities are all debts that a company owes, both now and in the future. They may be found on the balance sheet's right side.
Current and fixed assets are the two categories of assets.
- Current assets are those that can be turned into cash immediately. For example, Cash accounts receivable, and inventory is among them.
Current and long-term obligations are the two categories of liabilities.
- Credit lines, loans, wages, and accounts payable are examples of current obligations that must be paid back within a year.
Thus,
According to the aforementioned circumstances, There will be a total shift of 1,27,0000 in assets.
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Answer:
effective tax rate = 13.54
Explanation:
given data
total income = $83,000
taxable income = $62,000
tax liability = $11,239
to find out
effective tax rate
solution
we get here effective tax rate that is express as
effective tax rate = 
.................1
put here value and we get
effective tax rate = 
effective tax rate = 13.54
If a certain country considered handshakes in business transactions to be taboo and preferred to use nodding, This would be an example of differences in cultural forces. It is an example of differences in cultural customs because it includes <span>customs, lifestyles and values that characterize a society that are different. </span>
The rate of return if the price of Telecom stock goes up by 6% during the next year is 8.00%
What is rate of return?
The rate of return on the bullish strategy is the return on the stock minus the interest on the borrowing.
The share price increase of 6% means the total amount invested would increase by 6%
new value of investment=$16000*(1+6%)
new value of investment=$16,960
interest on borrowing=4%*$8000
interest on borrowing=$320
Gain on investment=new value of investment-initial investment-interest on borrowing
Gain on investment=$16,960-$16,000-$320
Gain on investment=$640
rate of return=gain on investment/equity investment
rate of return=$640/$8000
rate of return=8.00%
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Answer:
The Federal Trade Commission Act is a law passed in 1914.
