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3 years ago

A company purchases supplies on account for $2,200. Indicate the amount of increases and decreases in the accounting equation.

Business

1 answer:

Oliga [24]3 years ago

4 0

Answer:

Assets increase by $2200: liabilities increase by $2200

Explanation:

The accounting equation is expressed as below.

Assets = Owners Equity + Liabilities.

Making purchases on account means buying on credit. Purchasing Supplies on credit will increases the debts( liabilities) of the company by $2200.

Supplies will belong to the business; hence assets will increase by $2200

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Hartong Corporation is contemplating purchasing equipment that would increase sales revenues by $185,000 per year and cash opera

krek1111 [17]

Answer:

The simple rate of return on the investment is closest to: C. 10.6%

Explanation:

In Hartong Corporation:

Increasing net income = Increase sales revenues - Cash operating expenses - Annual depreciation expense = $185,000 - $89,000 - $52,000 = $44,000

This is the net income from the equipment per year

Return on the investment (ROI) is calculated by using following formula:

ROI = (Net income/Cost of investment )x 100%

Cost of investment = Cost of equipment = $416,000

ROI = ($44,000/$416,000) x 100% = 10.6%

8 0

3 years ago

Si una empresa quiere saber porqué han decrecido sus ventas ¿Qué tipo de investigación realizaría cuantitativa o cualitativa? ¿P

natka813 [3]

Answer:

Cualitativa

Dado que están interesados en las razones (las cuales no son una variable numérica), la recopilación de información y la investigación será de tipo cualitativa para poder conocer las razones o motivos por los que la gente ha dejado de comprar.

Explanation:

En investigación hay dos tipos principales de métodos:

La investigación cuantitativa, que se basa en la recolección de datos y variables numéricas y la relación que existe entre ellas.
La investigación cualitativa, la cual se base en la recolección de datos de tipo no numérico y que no pueden ser medidas con números (por ejemplo opiniones).

En este ejemplo la empresa quiere saber por qué han decrecido sus ventas, dado que están interesados en las razones (las cuales no son una variable numérica), la recopilación de información y la investigación será de tipo cualitativa para poder conocer las razones o motivos por los que la gente ha dejado de comprar.

4 0

3 years ago

Which of the following is an example of an open-ended question?Answers:a. Do you want to have children?b. Would you consider ado

Elden [556K]

Answer:d. What do you think about the new ice-cream flavor

Explanation:

An open ended question is a statement that requires a response. The response can't be yes/ no or a static response

The question What do you think about the new ice-cream flavor can't be answered with yes or no. The answer can either be I like the ice cream flavour or I don't like the ice cream flavour.

I hope my answer helps you

6 0

3 years ago

Read 2 more answers

Sparks Corporation has a cash balance of $5,480 on April 1. The company must maintain a minimum cash balance of $5,000. During A

beks73 [17]

Answer:

d) $3,920

Explanation:

The computation of the borrowed amount is shown below:

= Beginning cash balance + expected cash receipts - expected cash disbursements - minimum monthly cash balance

= $5,480 + $56,200 - $60,600 - $5,000

= $3,920

We easily add to the starting cash balance the estimated cash receipts and deducted the expected cash disbursements and the minimum monthly cash balance, in order to get the correct value

5 0

3 years ago

After visiting several automobile dealerships, Richard selects the car he wants. He likes its $11,500 price, but financing throu

WITCHER [35]

Answer:

The answers are:

A) total interest = p x r x t

where:

p = $9,200
r = 10%
t = 2 years

total interest = $9,200 x 10% x 2 = $1,840

B) the total cost of the car = down payment + principal + total interest

total cost = $2,300 + $9,200 + $1,840 = $13,340

C) monthly payment = (principal + total interest) / total number of payments

monthly payment = ($9,200 + $1,840) / (12 x 2) = $11,040 / 24 = $460

D) APR = (total payments x total interest) / [principal x (total payments +1)]

APR = (24 x $1,840) / ($9,200 x 25) = 0.192 or 19.2%

5 0

4 years ago