Checks have several vital pieces of information, including
- routing number
- account number
- check number
- payee
- payor
- amount (in numbers)
- amount in writing
- payor signature
- whatever security features the bank includes
Answer:
<em>An inferior good</em>
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Explanation:
<em>An inferior good is a good whose demand decreases with consumer's increase in income</em>. John's increase in pay, that came with his promotion, triggered John to switch to driving everywhere he goes instead of riding the bus. This is because John feels that riding the bus is no longer fit for him, now that he could readily afford driving around in the stead of taking the cheaper bus ride.
Answer:
The correct option is A,devoting resources to researching and developing new products that will be more durable than competitors'
Explanation:
Creating sustainable advantage means that the company is able to do something very difficult for competitors to copy.
Sustainable advantage is not about cost reductions,is about a perceived value added to products or services not seen anywhere else.
If customers upload their designs for the company to produce, it does not necessarily mean the product is fit for purpose, as the company does not have full control over it.
Answer:
a. restructuring action whereby a party buys all of the assets of a business, financed largely with debt, and takes the firm private
Explanation:
In a leveraged buyout, a firm is acquired using debt. The assets of the company are usually used as a collateral for the loans used a leverage buyout.
I hope my answer helps you
Answer:
The total for assets, liabilities, and equity are:
b) Total Assets: $26,000
Total Liabilities: $17,000
Total Equity: $9,000
Explanation:
a) Data and Calculations:
Accounts Payable: $4,000
Notes Payable: $10,000
Salaries payable: $1,000
Revenues: $5,000
Accounts Receivable: $5,000
Utilities Expense: $2,000
Cash: $5,000
Office Supplies: $1,000
Equipment: $20,000
Accumulated Depreciation Equipment: $5,000
Unearned Revenue: $2,000
Equity: $22,000
Salaries Expense: $1,000
Total assets:
Accounts Receivable: $5,000
Cash: $5,000
Office Supplies: $1,000
Equipment: $20,000
Accumulated Depreciation
Equipment: ($5,000)
Total assets = $26,000
Total liabilities:
Accounts Payable: $4,000
Notes Payable: $10,000
Salaries payable: $1,000
Unearned Revenue: $2,000
Total liabilities $17,000
Total Equity:
Total assets $26,000
Total liabilities 17,000
Total equity $9,000
