Answer:
An increase of $9,833
Explanation:
The accounting equation defines the relationship between the elements of the balance sheet. These are the asset , liabilities and equity. It is given as
Assets = Liabilities + Equity
Given that total liabilities decreased by $24,119 during a period of time and stockholders' equity increased by $33,952 during the same period,
Effect on asset
= - $24,119 + $33,952
= + 9833
The amount and direction (increase) of the periods change in total assets is an increase of $9833.
Answer:
A. 3.82
Explanation:
First, find the expected return of the stock;
E(r) = SUM(prob * return)
E(r) = (0.35 * 0.15 ) + (0.65 * 0.07)
= 0.0525 + 0.0455
=0.098 or 9.8%
Next, use the variance formula to find the stock's standard deviation;
σ² = 0.35( 0.15 - 0.098)² + 0.65( 0.07 - 0.098)²
σ² = 0.0009464 + 0.0005096
σ² = 0.001456
As a percentage, it becomes; 0.001456 *100 = 0.1456%
The variance is therefore 0.1456%
Find standard deviation;
Standard deviation = SQRT (0.001456)
STDEV = 0.03816 or 3.82%
Answer:
($500) = NA + NA + ($500)
Explanation:
In this question, the following accounting equation is used
Assets = Liability + common stock + retained earnings
As in the transaction, it is given that $500 cash is paid for advertising expense, so this event would be affecting the accounting equation for asset and the retained earning account i.e
($500) = NA + NA + ($500)
As cash is paid which reduces the asset balance plus the retained earning balance is also get reduced by $500
Asking the wrong person lol
Yes hey can infact they can do that the same as to appel