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elena-s [515]
3 years ago
15

What is known as the accounting equation?

Business
1 answer:
Ksenya-84 [330]3 years ago
7 0

Answer:

Also known as the balance sheet equation, the accounting equation formula is Assets = Liabilities + Equity. ... In other words, all uses of capital (assets) are equal to all sources of capital (debt: liabilities and equity).

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Recently the corporate tax law in the U.S. changed so that firms that previously faced a marginal tax rate of close to 40% now p
garri49 [273]

Answer:

a.) increased the after-tax cost of debt

Explanation:

Missing options are:

a.) increased the after-tax cost of debt

b.) did not change the after-tax cost of debt

c.) increased the value of the deduction for interest expense

d.) decreased the after-tax cost of debt

The after tax cost of debt is calculated by multiplying the debt's principal x interest rate x (1 - tax rate). If the tax rate decreases, the after tax cost of debt increases. e.g.

$1,000 owed at 6%, when tax rate was 40% ⇒ after tax cost of debt = $1,000 x 6% x (1 - 40%) = $36 or 3.6%

now, $1,000 owed at 6%, when tax rate is 21% ⇒ after tax cost of debt = $1,000 x 6% x (1 - 21%) = $47.40 or 4.74%

4 0
3 years ago
he initials GAAP stand for a. Generally Accepted Accounting Principles b. Generally Accepted Accounting Practices c. General Acc
Bess [88]

Answer:

Correct option is (a)

Explanation:

GAAP is the abbreviation for Generally Accepted Accounting Principles. These are guiding principles that help in recording accounting transactions. These are developed over the course of time and includes comprehensive guidelines used by accountants over the years in preparing financial statements.

GAAP ensures reliability and comparability of financial statements.

5 0
3 years ago
Buying office space is ______________ in the long run-in comparison to leasing. Which is the correct answer?
Vedmedyk [2.9K]

Answer:

less expansive

Explanation:

i took the test. i got it right

5 0
2 years ago
Explain how a manager at a Subway or any fast food restaurant restaurant can use feedforward control to get the best customer sa
egoroff_w [7]

Customer satisfaction is increased as a result of quality management, which also enables businesses to meet customer expectations. One of the key areas where businesses need to be knowledgeable enough is in the service quality.

<h3>What is Subway or any fast food restaurant?</h3>

One of the top brands on the global market is Subway, which places a high priority on maintaining the quality of its products and providing excellent customer service.

Some key features regarding the subway are-

  • It consistently emphasizes the quality of the ingredients as well as the eventual deliverables in its marketing methods.
  • The business is committed to providing natural food products that are healthful and free of artificial additives and calories.
  • The customers' health is directly correlated with the meal quality.
  • To remain competitive in the marketplace and achieve its goal of being the healthiest alternative in the fast food sector, the company must maintain the quality of the items.

To know more about the subway, here

brainly.com/question/27207234

#SPJ4

8 0
2 years ago
In wayne dennis's study of infants in iranian orphanages, only 15 percent of the orphans were walking alone by 3 to 4 years of a
Romashka-Z-Leto [24]
The answer to the question above is this: <span>they spent their days lying on their backs in cribs. Wayne Dennis has studied infants in Iranian orphanages. The infants in these orphanages were more on left lying on their backs on their cribs and this results in the delay of their physical development such as walking and other physical activities. This made the children in the orphanages walk at the age of 3 to 4 instead of 1 year old or earlier.</span>
7 0
3 years ago
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