The answer is "then <span> assets increased during the year by $25,000".
</span><span>liabilities of Hayden travel decreased by = $50,000
</span><span>owners' equity increased by = $75,000
</span>assets increased during the year = $75,000 - $50,000
= $25,000
During its first year of operations, puffin incorporated reported sales revenue of $388,200 but only collected $308,000 in cash from customers. at the end of the year, accounts receivable equals:$80200.
Annual revenue is the amount of money your business earns from sales in a year. This does not include costs and expenses. To calculate annual sales, multiply the quantity of each product sold by the selling price, then add the annual sales for each product to arrive at the total annual sales.
A legal entity is an entity that exists legally separate from its owners, managers, operators, employees, and agents. Legal entities have the same powers as individuals, including the right to own and dispose of property, the power to sue and be sued, and the power to contract for a profit. A business example is an agriculture. An example transaction is a home sale.
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Answer:
see below
Explanation:
A positive correlation signifies that an increase in one variable results in the other variable moving in the same direction. Because supply and price are positively correlated, a price increase will increases supply. The opposite is also true.
Suppliers are business people whose main objective is to make profits. Higher prices give higher margins. Suppliers make higher profits when prices are high. The possibility of making higher profits motivates suppliers to increase supplies to the market. On the other hand, low prices may result in losses. When prices are low, supplies will shy away from the market to avoid making losses.
The aspect of Netflix going public that lured the firms to the market would be that By going public, Netflix was required to disclose its financial position.
<h3>What does it mean to go public?</h3>
When it is said that a company has gone public, what this would mean is that the company has been able to undertake the initial public offering that it has and it has sold its shares to the public so that it can raise more capital.
Hence we cans ay that the aspect of Netflix going public that lured the firms to the market would be that By going public, Netflix was required to disclose its financial position.
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Answer: The correct answer is asset.
Explanation: An asset is a form of wealth that can be stored for the future. Assets can occur in any number of forms, but the trait that they all have in common is that they can be converted to cash. Assets may be in the form of cash, equipment, property, vehicles, or anything else that has value.
