Assets = liabilities + owners' equity is the equation for information reported on the

1 answer:

3 0

<span>Assets = liabilities + owners' equity is the equation for information reported on the: Balance sheet

In accounting, balance basically represents a brief overview about what the company currently own.
Assets represent something valuable that the company own to conduct their operation, Liabilities represent the debt that they have to pay to other individual or entities, And owner equity represents how much ownership one person have from all the things that the company owns.</span>

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As a disciplinary measure when a violation of the Insurance Code would justify suspension, revocation or denial of license, the

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D) Restricted license

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This situation is extremely complicated for the licensee since the commissioner has absolute power regarding their status and can change it at will, and the licensee doesn't have any chance or anywhere to file a complaint.

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2. The poor quality of selection will mean extra cost on ... and supervision

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You are in charge of the local city-owned aquatic center. You need to increase the revenue generated by the aquatic center in or

Ivahew [28]

Answer:

The mayor thinks demand is inelastic, and the city manager thinks demand is elastic.

Explanation:

Inelastic demand is when there is no noticeable change in product demand as the price of the product changes drastically. This type of environment is seen when there are no good substitute for the product.
Elastic demand is when a slight change in product price changes the market demand for the product. This occurs when there are substitutes.
Here, the mayor thinks there is inelastic demand and the city manager thinks the demand is elastic.

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