Answer:
stockholer's equity will be overstated by $800.
Explanation:
The adjustment required is to record $800 of supplies used as an expense, hence, by carrying out the adjustment, net income is overstated by $800 so also retained earnings and shareholders' equity.
In other words,the balance that would be left in supplies is opening balance of $200 plus purchase of supplies which is $950 minus the supplies used.
balance of supplies=$200+$950-$800=$350
Option B is wrong the balance expected is $350 and the balance without adjustment is $200,that is $150 understatement not $350
Answer:
For example, Brexit. Brexit refers to the UK retreat from the European Union, one of the most famous economic unions in the world. The economic implications of Brexit are numerous, ranging from the new tariff regulations to the regulated movement of people and animals through the newly established borders.
As for individuals, let's see the example of an EU citizen seeking a Master's degree in the UK. That student may face a different tuition fee when applying after Brexit.
Economics because it has to deal with money, which is important for a career in business.
Answer:
It increases by 50 units.
Explanation:
Current break even point = ![\frac{Fixed\:Cost}{Contribution\:per\:unit}](https://tex.z-dn.net/?f=%5Cfrac%7BFixed%5C%3ACost%7D%7BContribution%5C%3Aper%5C%3Aunit%7D)
Here, fixed cost = $4,500
Contribution per unit = Selling price - Variable Cost = $20 - $10 = $10
Current break even point = ![\frac{4,500}{10} = 450 units](https://tex.z-dn.net/?f=%5Cfrac%7B4%2C500%7D%7B10%7D%20%3D%20450%20units)
If variable cost increase by 10% then revised variable cost = $10 + 10% = $11
Contribution per unit = $20 - $11 = $9 per unit
Break even sales in units = ![\frac{4,500}{9} = 500 units](https://tex.z-dn.net/?f=%5Cfrac%7B4%2C500%7D%7B9%7D%20%3D%20500%20units)
Difference in original and revised break even = Revised - Original = 500 - 450 units = 50 units,
Thus original break even increases by 50 units, = 50/450 = 11.11% increase.
Final Answer
It increases by 50 units.
If this question has the same set of choices like the previous ones, the answer is:
<span>Paying off your credit card bill.
</span>A credit score is a numerical expression of a person's credit files, to represent his creditworthiness <span>based on a level analysis. Paying off your credit card bill would improve your credit score. </span>