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3 years ago

14

Organizations can build _______ by finding ways to develop business knowledge in all IT staff. Responsibility Accountability Ali

gnment Competence

1 answer:

hjlf3 years ago

5 0

Answer:

a lot of things

Explanation: lol yes

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Using the accounting equation to analyze transactionsElaine’s Inflatables earns service revenue by providing party planning serv

xenn [34]

Answer:

Elaine's Inflatables

The effects of the business transactions on the accounting equation for Elaine’s Inflatable.

a. Increase asset,(Cash); Increase Equity (Common Stock) by $10,000

b. Increase asset, (Equipment); Increase Liabilities (Accounts Payable) $5,000

c. Increase asset, (Supplies); Decrease asset, (Cash) $400

d. Increase asset, (Cash); Increase Equity (Retained Earnings) $2,500

e. Decrease asset, (Cash); Decrease Equity (Retained Earnings) $400

f. Decrease asset, (Cash); Decrease Equity (Retained Earnings) $1,000

g. Increase asset, (Accounts Receivable); Increase Equity (Retained Earnings) $1,000

h. Decrease asset, (Cash); Decrease Equity (Retained Earnings) $1,000

i. Increase Liabilities (Utilities Payable); Decrease Equity (Retained Earnings) $250

Explanation:

To explain the accounting equation in action, Elaine's Inflatable business transactions will always show the effects on the accounting equation. This equation states that Assets are always equal to Liabilities Plus Equity with every given transaction. This equation implies that two or more accounts are impacted by each transaction and the effect is always to keep the accounting equation in balance. For example, the payment of rent of $1,000 decreases the asset (Cash) and decreases the equity (Retained Earnings) side of the accounting equation by the same amount.

6 0

4 years ago

List of products where manufacturer and Marketer are different.

laila [671]

Answer:

list of products where manufacturer and Marketer are different.

Explanation:

need the pnts lol i dont i just wanna make you mad

8 0

3 years ago

Read 2 more answers

What type of questions can be answered with economic tools without interjecting any value judgment as to whether the particular

frosja888 [35]

Answer:

Positive questions.

Explanation:

Positive questions is a type of questions that can be answered with economic tools without interjecting any value judgment as to whether the particular outcome is desirable or harmful.

Hence, positive questions in economics are primarily fact based and objective, thus the statements (questions) are descriptive, concise, clearly measurable, precise and without any value judgment.

For instance, asking if education trust funds by the government increases public expenditures is an example of a positive question.

5 0

4 years ago

For each of the following events, explain the short-run and long-run effects on output and the price level, assuming open econom

Westkost [7]

Answer:

High prices of products as well as increases poverty.

Explanation:

The stock market declines sharply, reducing consumers’ wealth that leads to high prices of products as well as increases poverty. The federal government increases spending on national defense that decreases the foreign reserves and money for other fields of the country. A technological improvement raises productivity which increases the economy of the country as well as standard of living. A recession overseas causes foreigners to buy fewer U.S. goods that leads to lower income of the country and purchasing power of the country. Due to this, there is less money for other fields and institutions.

3 0

4 years ago

Read 2 more answers

Kingery Corporation began the calendar (and ﬁscal) year with a simple structure consisting of 38,000 shares of common stock outs

Lunna [17]

Answer:

a. EPS = $4.78 per share

b. Basic EPS = $4.41 per share

Explanation:

a. Compute the earnings per share (EPS) of common stock

Number of shares outstanding = 38,000 + 10,000 + 1,000 = 49,000

EPS = Net income ÷ Number of common shares outstanding = $234,000 ÷ 49,000 = $4.78 per share

b. Compute the basic earnings per share of common stock

Preferred dividend = 6,000 × $50 × 6% = $18,000

Basic EPS = (Net income - Preferred dividend) ÷ Number of common shares outstanding = ($234,000 - $18,000) ÷ 49,000 = $4.41 per share

6 0

4 years ago