Answer:
a lot of money was spent this year
Answer:
3. the price of solar panels decreases and the quantity increases.
Explanation:
An increase in supplies results in reduced prices. As per the law of supply and demand, an increase in supply while holding the demand contact results in a decrease in price. Increase supply causes downward movements along the supply curve, pushing the prices lower. There will be many solar panels available in the market competing with for few buyers.
An increase in supplies means an increase in the quantities available in the markets. Buyers will have a large selection of solar panels to choose from.
Answer:
$1,83,000
Explanation:
Sales = 4,535,000
Cost of goods sold = $2,560,000
Operating expenses = $1,382,000
Average total assets = $4,110,000
Net Income = Sales - Cost of goods sold - Operating expenses
= $4,535,000 - $2,560,000 - $1,382,000
= $5,93,000
Target income = 10% of Average total assets
= 0.10 × $4,110,000
= $410,000
Thus,
Residual income = Net income - Target income
= $5,93,000 - $410,000
= $1,83,000
Answer:
(A) Accounts Payable - Liabilities
(D) Equipment - Assets
(E) Supplies - Assets
(F) Retained earning - Owner's Equity
(H) Cash - Assets
Explanation:
The major categories in a balance sheets are: Assets, Liabilities and Owner's Equity,
Assets are many things (as equipment, machinery, Receivables, etc) that belongs to the company, please see details in the answer.
Liabilities represent the obligations of the company with all kind of creditors.
And finally Owner's Equity it's the Capital that support part of the Assets along with the Liabilites.
