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3 years ago

2. State the accounting equation.

Business

1 answer:

ladessa [460]3 years ago

6 0

•ω• Hewo fren!

☆☆●◉✿ Answer:✿◉●☆☆

The accounting equation formula is Assets = Liabilities + Equity.

☆☆●◉✿Step-by-step explanation:✿◉●☆☆

Liabilities + Equity = Assets :3 I’m vewy sowy ➖〰️➖

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Pure risk is also called tension risk electric risk static risk

ANTONII [103]

Absolute

Explanation:

Pure risk is call absolute risk because it is a category that is beyond human control.

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3 years ago

December 31 2017 2016 Accounts receivable $43,060 $34,630 Inventory 30,370 39,870 Prepaid rent 16,820 15,120 Totals $90,250 $89,

morpeh [17]

Answer:

Net cash from operating activities is $57,220.

Explanation:

Using the indirect method, the Operating Activities section of the statement of cash flows can be prepared as follows:

Statement of Cash Flows

(Operating Activities Section Only)

Details $

Net income 35,890

Adjustment to reconcile net income:

Depreciation expense 18,040

(Increase) decrease in current assets:

Increase in accounts receivable ($34,630 - $43,060) (8,430)

Decrease in inventory ($39,870 - $30,370) 9,500

Increase in prepaid rent ($15,120 - $16,820) (1,700)

Increase (decrease) in current liabilities:

Increase in accounts payable ($25,610 - $19,430) 6,180

Decrease in income taxes payable ($5,970 - $10,500) (4,530)

Increase in interest payable ($14,710 - $12,440) 2,270

Net cash from operating activities  57,220 

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3 years ago

True or False? If you have already submitted a resume with references, you do NOT need to bring copies of your resume or referen

fgiga [73]

Your answer would be true hope this helps

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3 years ago

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What is the most important thing that a venture capitalist is looking for in a company to invest in? discuss your response.

Simora [160]

Simply said, management is by far the most crucial aspect for astute investors. VCs invest mostly in the management team's capacity to carry out the company plan. You need a solid understanding of your market, a tested business plan, and a well-thought-out strategy for approaching venture investors if you want to distinguish out from other businesses.

In addition to this, VCs value intellectual honesty and self-awareness in founders. He has discovered from his experience as an investor that "those who are very introspective, recognize their strengths and flaws" have a higher likelihood of founding and eventually developing a successful firm.

To learn more on venture capitalist

brainly.com/question/15079917

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1 year ago

"a promise to your mother to refrain from going to bed later than 11:00 p.m. on a school night is what type of consideration?"

zimovet [89]

Statement: "a promise to your mother to refrain from going to bed later than 11:00 p.m. on a school night

The type of consideration: A benefit to the promisor

Promisor is the person who makes a promise. A person promises to refrain to not got to the bed later than 11:00 pm at school night is for the long term benefit of the person who is making the and not who is asking for the promise.

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3 years ago