When a company buys something on credit it increases account payable, and when a company sells on credit it will increase their account receivable.
Answer:
The correct answer is A. What businesses to compete in and how business can be managed to achieve synergy.
Explanation:
Corporate strategy refers to the group of actions carried out by an organization in order to locate and recognize itself within the market in which it operates. This type of action also allows them to direct all their efforts towards a common purpose, which is normally related to their position in the market, their level of integration, and other types of tasks such as acquisitions or investments.
Answer: $34,696
Explanation: $1000,000/25=$40,000 as deposit to be made 25 times, but out of this amount 8% interest will be subtracted which gives 8/100×40,000=$3200.
Hence annual deposit will be $40000-$3200=$36800.
But annual raise of 3% should be subtracted as well making deposit to be 3/100×36800=$1104.
Substracting we have $36800-$1104=$35696.
Hence i must deposit $35696 first to meet this goal.
Answer:
See below
Explanation:
Assets, Liabilities, and Equity form the basis for preparing the balance sheet. They make the accounting equation of Assets= Liabilities + Equity.
<u>Assets </u>are the valuables a business owns. They can be in the form of cash, money in the banks, financial instruments, properties, machines, or motor vehicles.
<u>Assets will be</u>
<u>Liabilities </u>are what the business owes to third parties and supplies. Liabilities are usually in the monetary form, such as loans, rent, and accounts payable.
<u>Liabilities</u>
<u>Equity</u> is the owner's contribution to the business. They include capital and retained earnings.
Equity
- retained owners
- personal investment earnings,
Answer:
B. Traditional work group
Explanation:
Traditional work group has to do with a group made up of two or more people who comes together to achieve a common goal. People or rather employees belonging to the traditional work group has no control over task given, report to a manager who's responsible for ranking their performances, lack direct responsibility and also they execute task. From the agreements Ginny had with the company, Ginny belongs to the traditional work group.
