Answer: Assets = Liabilities + Stockholders Equity.
Explanation: Assets refers to the resources owned by a firm for operating its business. Equity refers to the amount of fund invested in the business by the shareholders and liabilities are the obligations of the business.
Thus, it is assumed that every asset that an organisation owns is either purchased by the funds that belongs to the shareholders or on credit by taking liabilities into account.
Hence, from the above we can conclude that ,Assets = Liabilities + Stockholders Equity, correctly depicts the accounting equation.
Answer:
2. Lobbyists
Explanation:
A lobbyist is any individual or a group of individuals who communicates directly or indirectly with others to influence or attempt to influence the drafting, debate, vote, approval, or introduction of some legislation. In this context, a lobbyist may be a legislator trying to influence fellow legislators or any person who communicates with a legislator to advocate and promote the desires of human services organizations.
It's A. Similar just took the test its right
Answer:
fad product.
Explanation:
Fad -
It is the product , which has very less or limited utility , but is responsible for a very immediate increase in the sale and publicity , but it is immediately followed by reduction in the price and publicity , is known as a fad product .
Hence , as given in the question , the sale of the small toy cars increases rapidly and gained extreme popularity but within few months , the demand of the car drop down .